PHSWX Performance — Parvin Hedged Equity Solari World Fund
Data updated: 2026-07-29
PHSWX returned +6.34% year to date and +15.00% over one year to May 2026. Annualised returns are +10.88% over 3 years and +3.41% over 5 years. The fund trailed its Global Mid-Cap Blend category average: $100 invested three years ago grew to $136, against $157 for the category, and to $115 over one year, against $125. Volatility over the past three years was 13.46% a year. In the 12 months to May 2026 the fund took in a net $5.1M, and assets reached $13.43M.
PHSWX Growth of $100
What $100 invested in Parvin Hedged Equity Solari World Fund grew to, compounded from monthly returns reported on SEC Form N-PORT, against the Global Mid-Cap Blend category average over the same months.
| Period | PHSWX | Category average |
|---|---|---|
| 1 year (Jun 2025 – May 2026) | $115 | $125 |
| 3 years (Jun 2023 – May 2026) | $136 | $157 |
| 5 years (Jun 2021 – May 2026) | $118 | $152 |
| Since data start (Dec 2020 – May 2026) | $0 | $180 |
PHSWX Trailing Returns
Total returns to May 2026, from SEC N-PORT.
| Period | Total return |
|---|---|
| YTD | +6.34% |
| 1 year | +15.00% |
| 3 years (annualised) | +10.88% |
| 5 years (annualised) | +3.41% |
PHSWX Annual Returns
Calendar-year total returns of Parvin Hedged Equity Solari World Fund, compounded from monthly SEC N-PORT returns. Partial years show the months covered.
| Year | Total return |
|---|---|
| 2026 (Jan–May) | +6.34% |
| 2025 | +22.64% |
| 2024 | +1.35% |
| 2023 | +1.82% |
| 2022 | −12.68% |
| 2021 | −100.00% |
| 2020 (Dec–Dec) | 0.00% |
PHSWX 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 | +9.5% | +8.2% | −9.8% | +1.3% | −1.8% | — | — | — | — | — | — | — |
| 2025 | +4.4% | +1.2% | +1.9% | +3.9% | +1.5% | +0.7% | −1.9% | +5.1% | +4.0% | −2.1% | +2.6% | −0.3% |
| 2024 | −3.2% | −0.4% | +5.8% | −1.9% | +3.8% | −4.2% | +4.3% | +2.6% | +3.2% | −1.3% | −1.8% | −4.7% |
| 2023 | +3.2% | −3.1% | +3.0% | +0.9% | −5.0% | +1.4% | +3.8% | −3.0% | −2.9% | −2.5% | +2.9% | +3.6% |
| 2022 | −1.2% | −0.3% | +1.8% | −3.5% | +1.3% | −6.3% | +1.6% | −1.2% | −7.1% | +3.0% | +3.6% | −4.5% |
| 2021 | −100.0% | 0.0% | −0.3% | +0.4% | +0.9% | +1.1% | −0.2% | +0.9% | −4.3% | +2.3% | −1.7% | +2.7% |
| 2020 | — | — | — | — | — | — | — | — | — | — | — | 0.0% |
PHSWX Risk
Risk measures from monthly returns over Jun 2023 – May 2026.
- 3-year volatility (annualised): 13.46%
- 3-year Sharpe ratio: 0.47 (vs 4.5% risk-free rate)
- Best month: +9.46% (Jan 2026)
- Worst month: −9.82% (Mar 2026)
PHSWX Fund Flows
Monthly money in and out of Parvin Hedged Equity Solari World Fund, from SEC Form N-PORT.
- 12-month net flow: $5.1M
- 12-month gross sales (incl. reinvestments): $7.1M
- Sales ÷ redemptions: 3.56×
| Month | Sales | Redemptions | Net flow |
|---|---|---|---|
| May 2026 | $185K | $29K | $157K |
| Apr 2026 | $704K | $83K | $621K |
| Mar 2026 | $252K | $244K | $9K |
| Feb 2026 | $1.7M | $1.1M | $614K |
| Jan 2026 | $1.4M | $20K | $1.4M |
| Dec 2025 | $498K | $379K | $119K |
| Nov 2025 | $456K | $10K | $446K |
| Oct 2025 | $481K | $85K | $395K |
| Sep 2025 | $191K | $5K | $186K |
| Aug 2025 | $248K | $5K | $243K |
| Jul 2025 | $780K | $0 | $780K |
| Jun 2025 | $174K | $41K | $132K |
PHSWX Assets Under Management
Net assets of Parvin Hedged Equity Solari World Fund by report date, from SEC N-PORT filings.
| Report date | Net assets |
|---|---|
| 2026-05-31 | $13.43M |
| 2026-02-28 | $14.12M |
| 2025-11-30 | $10.09M |
| 2025-08-31 | $8.65M |
| 2025-05-31 | $7.20M |
| 2025-02-28 | $6.67M |
| 2024-11-30 | $6.05M |
| 2024-08-31 | $6.03M |
| 2024-05-31 | $6.00M |
| 2024-02-29 | $5.51M |
| 2023-11-30 | $5.48M |
| 2023-08-31 | $5.36M |
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.