LIMAX Performance — Cromwell Tran Focus Fund, Investor Class
Data updated: 2026-08-21
LIMAX returned +15.21% year to date and +16.61% over one year to Jun 2026. The annualised 3-year return is +16.22%. Against its US Mid-Cap Growth category average the fund came out ahead over three years but behind over one: $100 invested three years ago grew to $157, against $152 for the category, and to $117 over one year, against $118. Volatility over the past three years was 15.95% a year. In the 12 months to Jun 2026 the fund lost a net $5.4M, and assets reached $23.68M.
LIMAX Growth of $100
What $100 invested in Cromwell Tran Focus Fund grew to, compounded from monthly returns reported on SEC Form N-PORT, against the US Mid-Cap Growth category average over the same months.
| Period | LIMAX | Category average |
|---|---|---|
| 1 year (Jul 2025 – Jun 2026) | $117 | $118 |
| 3 years (Jul 2023 – Jun 2026) | $157 | $152 |
| Since data start (Aug 2022 – Jun 2026) | $150 | $162 |
LIMAX Trailing Returns
Total returns to Jun 2026, from SEC N-PORT.
| Period | Total return |
|---|---|
| YTD | +15.21% |
| 1 year | +16.61% |
| 3 years (annualised) | +16.22% |
LIMAX Annual Returns
Calendar-year total returns of Cromwell Tran Focus Fund, compounded from monthly SEC N-PORT returns. Partial years show the months covered.
| Year | Total return |
|---|---|
| 2026 (Jan–Jun) | +15.21% |
| 2025 | +7.32% |
| 2024 | +15.01% |
| 2023 | +25.74% |
| 2022 (Aug–Dec) | −15.96% |
LIMAX Monthly Returns
Monthly total returns as reported on SEC Form N-PORT.
| Year | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | 0.0% | +3.6% | −7.0% | +9.2% | +4.6% | +4.7% | — | — | — | — | — | — |
| 2025 | +4.2% | −5.0% | −7.5% | −0.3% | +8.2% | +7.4% | +3.5% | +0.1% | +0.7% | +0.9% | −2.6% | −1.3% |
| 2024 | +0.5% | +6.1% | +2.2% | −3.6% | +1.3% | +3.1% | +1.2% | +1.9% | +2.0% | −0.6% | +5.9% | −5.3% |
| 2023 | +10.0% | −0.6% | −4.2% | −2.0% | +1.8% | +8.9% | +2.7% | −2.5% | −5.1% | −2.7% | +12.2% | +6.3% |
| 2022 | — | — | — | — | — | — | — | −7.6% | −10.9% | +5.9% | +4.6% | −7.8% |
LIMAX Risk
Risk measures from monthly returns over Jul 2023 – Jun 2026.
- 3-year volatility (annualised): 15.95%
- 3-year Sharpe ratio: 0.73 (vs 4.5% risk-free rate)
- Best month: +12.20% (Nov 2023)
- Worst month: −7.55% (Mar 2025)
LIMAX Fund Flows
Monthly money in and out of Cromwell Tran Focus Fund, from SEC Form N-PORT.
- 12-month net flow: −$5.4M
- 12-month gross sales (incl. reinvestments): $3.3M
- Sales ÷ redemptions: 0.38×
| Month | Sales | Redemptions | Net flow |
|---|---|---|---|
| Jun 2026 | $13K | $224K | −$212K |
| May 2026 | $5K | $1.6M | −$1.5M |
| Apr 2026 | $84K | $850K | −$766K |
| Mar 2026 | $47K | $221K | −$174K |
| Feb 2026 | $115K | $812K | −$697K |
| Jan 2026 | $111K | $847K | −$737K |
| Dec 2025 | $2.9M | $1.2M | $1.7M |
| Nov 2025 | $6K | $1.2M | −$1.2M |
| Oct 2025 | $36K | $387K | −$352K |
| Sep 2025 | $5K | $379K | −$374K |
| Aug 2025 | $5K | $627K | −$622K |
| Jul 2025 | $15K | $391K | −$376K |
LIMAX Assets Under Management
Net assets of Cromwell Tran Focus Fund by report date, from SEC N-PORT filings.
| Report date | Net assets |
|---|---|
| 2026-06-30 | $23.68M |
| 2026-03-31 | $22.12M |
| 2025-12-31 | $24.57M |
| 2025-09-30 | $28.24M |
| 2025-06-30 | $28.38M |
| 2025-03-31 | $25.72M |
| 2024-12-31 | $29.77M |
| 2024-09-30 | $31.46M |
| 2024-06-30 | $32.97M |
| 2024-03-31 | $34.24M |
| 2023-12-31 | $31.61M |
| 2023-10-31 | $29.73M |
For information only. Not investment advice: figures are as reported in SEC filings and may contain errors or be out of date. Past performance does not guarantee future results.