PAOIX Performance — Preserver Alternative Opportunities Fund, Institutional Shares
Data updated: 2023-07-31
PAOIX returned −23.60% over one year to May 2023. The annualised 3-year return is −17.82%. The fund trailed its International Real Estate category average: $100 invested three years ago grew to $56, against $107 for the category, and to $76 over one year, against $85. Volatility over the past three years was 12.21% a year. In the 12 months to May 2023 the fund lost a net $12.8M, and assets reached $11.39M.
PAOIX Growth of $100
What $100 invested in Preserver Alternative Opportunities Fund grew to, compounded from monthly returns reported on SEC Form N-PORT, against the International Real Estate category average over the same months.
| Period | PAOIX | Category average |
|---|---|---|
| 1 year (Jun 2022 – May 2023) | $76 | $85 |
| 3 years (Jun 2020 – May 2023) | $56 | $107 |
| Since data start (Mar 2020 – May 2023) | $55 | $98 |
PAOIX Trailing Returns
Total returns to May 2023, from SEC N-PORT.
| Period | Total return |
|---|---|
| 1 year | −23.60% |
| 3 years (annualised) | −17.82% |
PAOIX Annual Returns
Calendar-year total returns of Preserver Alternative Opportunities Fund, compounded from monthly SEC N-PORT returns. Partial years show the months covered.
| Year | Total return |
|---|---|
| 2023 (Jan–May) | −5.80% |
| 2022 | −35.60% |
| 2021 | −10.43% |
| 2020 (Mar–Dec) | +2.09% |
PAOIX 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 | +4.0% | −3.7% | −1.4% | −0.5% | −4.1% | — | — | — | — | — | — | — |
| 2022 | −7.3% | −4.6% | −0.7% | −7.3% | −2.5% | −8.7% | +4.2% | −4.6% | −8.2% | +1.0% | +1.3% | −4.8% |
| 2021 | −3.4% | −1.7% | +0.7% | +1.8% | −2.6% | −0.4% | +0.2% | −0.4% | −5.7% | +3.2% | −3.8% | +1.7% |
| 2020 | — | — | −0.1% | 0.0% | 0.0% | −0.3% | +2.8% | +0.5% | −2.9% | −3.0% | +4.5% | +0.8% |
PAOIX Risk
Risk measures from monthly returns over Jun 2020 – May 2023.
- 3-year volatility (annualised): 12.21%
- 3-year Sharpe ratio: -1.83 (vs 4.5% risk-free rate)
- Best month: +4.51% (Nov 2020)
- Worst month: −8.66% (Jun 2022)
PAOIX Fund Flows
Monthly money in and out of Preserver Alternative Opportunities Fund, from SEC Form N-PORT.
- 12-month net flow: −$12.8M
- 12-month gross sales (incl. reinvestments): $2.5M
- Sales ÷ redemptions: 0.16×
| Month | Sales | Redemptions | Net flow |
|---|---|---|---|
| May 2023 | $11K | $577K | −$567K |
| Apr 2023 | $103K | $809K | −$705K |
| Mar 2023 | $85K | $1.3M | −$1.2M |
| Feb 2023 | $160K | $550K | −$390K |
| Jan 2023 | $114K | $1.8M | −$1.7M |
| Dec 2022 | $1.5M | $1.1M | $310K |
| Nov 2022 | $87K | $304K | −$216K |
| Oct 2022 | $116K | $279K | −$163K |
| Sep 2022 | $116K | $785K | −$669K |
| Aug 2022 | $76K | $746K | −$670K |
| Jul 2022 | $75K | $916K | −$841K |
| Jun 2022 | $71K | $6.1M | −$6.1M |
PAOIX Assets Under Management
Net assets of Preserver Alternative Opportunities Fund by report date, from SEC N-PORT filings.
| Report date | Net assets |
|---|---|
| 2023-05-31 | $11.39M |
| 2023-02-28 | $13.84M |
| 2022-11-30 | $16.96M |
| 2022-08-31 | $18.07M |
| 2022-05-31 | $26.80M |
| 2022-02-28 | $28.67M |
| 2021-11-30 | $30.05M |
| 2021-08-31 | $30.54M |
| 2021-05-31 | $28.02M |
| 2021-02-28 | $25.70M |
| 2020-11-30 | $24.94M |
| 2020-08-31 | $24.22M |
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.