NAVIX Performance — Navigator Equity Hedged Fund, Class I
Data updated: 2024-06-07
NAVIX returned +4.56% over one year to Apr 2024. The annualised 3-year return is −3.53%. The fund trailed its Global Large Blend category average: $100 invested three years ago grew to $90, against $108 for the category, and to $105 over one year, against $114. Volatility over the past three years was 13.33% a year. In the 12 months to Apr 2024 the fund took in a net $2.4M, and assets reached $18.88M.
NAVIX Growth of $100
What $100 invested in Navigator Equity Hedged Fund grew to, compounded from monthly returns reported on SEC Form N-PORT, against the Global Large Blend category average over the same months.
| Period | NAVIX | Category average |
|---|---|---|
| 1 year (May 2023 – Apr 2024) | $105 | $114 |
| 3 years (May 2021 – Apr 2024) | $90 | $108 |
| Since data start (Feb 2020 – Apr 2024) | $127 | $137 |
NAVIX Trailing Returns
Total returns to Apr 2024, from SEC N-PORT.
| Period | Total return |
|---|---|
| 1 year | +4.56% |
| 3 years (annualised) | −3.53% |
NAVIX Annual Returns
Calendar-year total returns of Navigator Equity Hedged Fund, compounded from monthly SEC N-PORT returns. Partial years show the months covered.
| Year | Total return |
|---|---|
| 2024 (Jan–Apr) | −2.09% |
| 2023 | +11.87% |
| 2022 | −16.52% |
| 2021 | +12.40% |
| 2020 (Feb–Dec) | +23.35% |
NAVIX 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | −2.9% | +3.1% | +2.2% | −4.3% | — | — | — | — | — | — | — | — |
| 2023 | +7.1% | −3.0% | +0.8% | 0.0% | +1.1% | +5.0% | +2.5% | −5.0% | −1.3% | −3.2% | +3.9% | +4.2% |
| 2022 | −6.7% | −0.1% | +0.1% | −5.2% | +0.6% | −5.9% | +4.7% | −4.3% | −7.1% | +6.6% | +3.5% | −2.9% |
| 2021 | +3.8% | +5.6% | +2.4% | +2.1% | +2.6% | −2.7% | −0.6% | +1.8% | −4.2% | +3.2% | −2.8% | +1.1% |
| 2020 | — | −4.9% | −8.5% | +8.4% | +4.0% | +2.1% | +4.4% | +5.7% | −1.8% | −1.3% | +10.8% | +3.9% |
NAVIX Risk
Risk measures from monthly returns over May 2021 – Apr 2024.
- 3-year volatility (annualised): 13.33%
- 3-year Sharpe ratio: -0.60 (vs 4.5% risk-free rate)
- Best month: +7.06% (Jan 2023)
- Worst month: −7.13% (Sep 2022)
NAVIX Fund Flows
Monthly money in and out of Navigator Equity Hedged Fund, from SEC Form N-PORT.
- 12-month net flow: $2.4M
- 12-month gross sales (incl. reinvestments): $9.2M
- Sales ÷ redemptions: 1.35×
| Month | Sales | Redemptions | Net flow |
|---|---|---|---|
| Apr 2024 | $7K | $4.0M | −$4.0M |
| Mar 2024 | $105K | $3.6M | −$3.5M |
| Feb 2024 | $216K | $5.4M | −$5.1M |
| Jan 2024 | $874K | −$529K | $1.4M |
| Dec 2023 | $372K | −$667K | $1.0M |
| Nov 2023 | $1.1M | −$1.0M | $2.1M |
| Oct 2023 | $4.7M | −$294K | $5.0M |
| Sep 2023 | $270K | −$816K | $1.1M |
| Aug 2023 | $730K | −$486K | $1.2M |
| Jul 2023 | $76K | −$883K | $958K |
| Jun 2023 | $190K | −$437K | $627K |
| May 2023 | $573K | −$1.1M | $1.7M |
NAVIX Assets Under Management
Net assets of Navigator Equity Hedged Fund by report date, from SEC N-PORT filings.
| Report date | Net assets |
|---|---|
| 2024-04-30 | $18.88M |
| 2024-01-31 | $31.11M |
| 2023-10-31 | $29.63M |
| 2023-07-31 | $28.31M |
| 2023-04-30 | $27.57M |
| 2023-01-31 | $30.42M |
| 2022-10-31 | $30.46M |
| 2022-07-31 | $33.90M |
| 2022-04-30 | $34.82M |
| 2022-01-31 | $35.45M |
| 2021-10-31 | $38.19M |
| 2021-07-31 | $36.33M |
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.