NFDIX Performance — Newfound Risk Managed U.S. Growth Fund, Class I
Data updated: 2023-11-29
NFDIX returned +5.26% over one year to Sep 2023. The annualised 3-year return is −0.57%. The fund trailed its US Large Blend category average: $100 invested three years ago grew to $98, against $126 for the category, and to $105 over one year, against $117. Volatility over the past three years was 17.60% a year. In the 12 months to Sep 2023 the fund took in a net $39.1M, and assets reached $29.56M.
NFDIX Growth of $100
What $100 invested in Newfound Risk Managed U.S. Growth Fund grew to, compounded from monthly returns reported on SEC Form N-PORT, against the US Large Blend category average over the same months.
| Period | NFDIX | Category average |
|---|---|---|
| 1 year (Oct 2022 – Sep 2023) | $105 | $117 |
| 3 years (Oct 2020 – Sep 2023) | $98 | $126 |
| Since data start (Jan 2020 – Sep 2023) | $89 | $131 |
NFDIX Trailing Returns
Total returns to Sep 2023, from SEC N-PORT.
| Period | Total return |
|---|---|
| 1 year | +5.26% |
| 3 years (annualised) | −0.57% |
NFDIX Annual Returns
Calendar-year total returns of Newfound Risk Managed U.S. Growth Fund, compounded from monthly SEC N-PORT returns. Partial years show the months covered.
| Year | Total return |
|---|---|
| 2023 (Jan–Sep) | +1.40% |
| 2022 | −27.58% |
| 2021 | +23.21% |
| 2020 | −1.35% |
NFDIX 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2023 | +3.8% | −4.0% | +3.5% | +0.5% | −2.0% | +6.4% | +2.8% | −2.8% | −6.0% | — | — | — |
| 2022 | −9.8% | −3.5% | +0.8% | −9.4% | −0.2% | −6.1% | +6.8% | −4.8% | −7.9% | +5.3% | +4.5% | −5.7% |
| 2021 | −0.5% | −0.1% | +0.9% | +7.2% | +0.1% | +3.0% | +4.1% | +3.4% | −7.0% | +7.5% | −0.5% | +3.8% |
| 2020 | +0.3% | −7.7% | −9.5% | +0.1% | +1.7% | −0.7% | +5.0% | +5.5% | −3.1% | −3.5% | +8.9% | +3.4% |
NFDIX Risk
Risk measures from monthly returns over Oct 2020 – Sep 2023.
- 3-year volatility (annualised): 17.60%
- 3-year Sharpe ratio: -0.29 (vs 4.5% risk-free rate)
- Best month: +8.90% (Nov 2020)
- Worst month: −9.80% (Jan 2022)
NFDIX Fund Flows
Monthly money in and out of Newfound Risk Managed U.S. Growth Fund, from SEC Form N-PORT.
- 12-month net flow: $39.1M
- 12-month gross sales (incl. reinvestments): $9.1M
- Sales ÷ redemptions: -0.31×
| Month | Sales | Redemptions | Net flow |
|---|---|---|---|
| Sep 2023 | $124K | −$1.2M | $1.3M |
| Aug 2023 | $202K | −$1.3M | $1.5M |
| Jul 2023 | $224K | −$1.1M | $1.3M |
| Jun 2023 | $291K | −$1.9M | $2.2M |
| May 2023 | $332K | −$2.8M | $3.1M |
| Apr 2023 | $327K | −$3.2M | $3.6M |
| Mar 2023 | $703K | −$4.8M | $5.5M |
| Feb 2023 | $437K | −$3.6M | $4.0M |
| Jan 2023 | $1.7M | −$3.9M | $5.6M |
| Dec 2022 | $2.0M | −$1.8M | $3.8M |
| Nov 2022 | $1.6M | −$2.7M | $4.4M |
| Oct 2022 | $1.2M | −$1.6M | $2.8M |
NFDIX Assets Under Management
Net assets of Newfound Risk Managed U.S. Growth Fund by report date, from SEC N-PORT filings.
| Report date | Net assets |
|---|---|
| 2023-09-30 | $29.56M |
| 2023-06-30 | $34.52M |
| 2023-03-31 | $39.97M |
| 2022-12-31 | $48.13M |
| 2022-09-30 | $47.65M |
| 2022-06-30 | $55.80M |
| 2022-03-31 | $81.79M |
| 2021-12-31 | $88.96M |
| 2021-09-30 | $64.90M |
| 2021-06-30 | $53.66M |
| 2021-03-31 | $45.03M |
| 2020-12-31 | $41.39M |
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.