PICAX Performance — International Small Company Fund, Class A
Data updated: 2026-07-24
PICAX returned +18.32% over one year to Feb 2021. Over one year the fund trailed its International Mid-Cap Blend category average: $100 grew to $118, against $126 for the category. Volatility over the past 12 months was 29.99% a year. In the 12 months to May 2026 the fund lost a net $197.0M, and assets reached $356.16M.
PICAX Growth of $100
What $100 invested in International Small Company Fund grew to, compounded from monthly returns reported on SEC Form N-PORT, against the International Mid-Cap Blend category average over the same months.
| Period | PICAX | Category average |
|---|---|---|
| 1 year (Mar 2020 – Feb 2021) | $118 | $126 |
| Since data start (Sep 2019 – Feb 2021) | $117 | $126 |
PICAX Trailing Returns
Total returns to Feb 2021, from SEC N-PORT.
| Period | Total return |
|---|---|
| 1 year | +18.32% |
3- and 5-year figures withheld: not verified.
PICAX Annual Returns
Calendar-year total returns of International Small Company Fund, compounded from monthly SEC N-PORT returns. Partial years show the months covered.
| Year | Total return |
|---|---|
| 2021 (Jan–Feb) | −0.42% |
| 2020 | +5.19% |
| 2019 (Sep–Dec) | +11.49% |
PICAX 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2021 | −0.4% | 0.0% | — | — | — | — | — | — | — | — | — | — |
| 2020 | −3.1% | −8.6% | −21.4% | +10.9% | +6.9% | +2.2% | +4.1% | +6.4% | −0.9% | −3.7% | +10.8% | +6.5% |
| 2019 | — | — | — | — | — | — | — | — | +2.3% | +3.6% | +1.5% | +3.6% |
PICAX Risk
Risk measures from monthly returns over Mar 2020 – Feb 2021.
- 1-year volatility (annualised): 29.99%
- Best month: +10.91% (Apr 2020)
- Worst month: −21.44% (Mar 2020)
PICAX Fund Flows
Monthly money in and out of International Small Company Fund, from SEC Form N-PORT.
- 12-month net flow: −$197.0M
- 12-month gross sales (incl. reinvestments): $95.5M
- Sales ÷ redemptions: 0.33×
| Month | Sales | Redemptions | Net flow |
|---|---|---|---|
| May 2026 | $2.8M | $55.0M | −$52.2M |
| Apr 2026 | $2.1M | $27.1M | −$25.0M |
| Mar 2026 | $3.7M | $12.7M | −$9.0M |
| Feb 2026 | $2.9M | $4.8M | −$1.9M |
| Jan 2026 | $8.4M | $98.4M | −$90.1M |
| Dec 2025 | $17.9M | $6.7M | $11.2M |
| Nov 2025 | $4.8M | $10.0M | −$5.2M |
| Oct 2025 | $6.7M | $19.7M | −$13.0M |
| Sep 2025 | $14.6M | $15.7M | −$1.0M |
| Aug 2025 | $7.1M | $9.3M | −$2.2M |
| Jul 2025 | $4.2M | $12.4M | −$8.2M |
| Jun 2025 | $20.2M | $20.5M | −$337K |
PICAX Assets Under Management
Net assets of International Small Company Fund by report date, from SEC N-PORT filings.
| Report date | Net assets |
|---|---|
| 2026-05-31 | $356.16M |
| 2026-02-28 | $460.24M |
| 2025-11-30 | $502.54M |
| 2025-08-31 | $508.37M |
| 2025-05-31 | $486.61M |
| 2025-02-28 | $433.23M |
| 2024-11-30 | $698.96M |
| 2024-08-31 | $743.97M |
| 2024-05-31 | $734.50M |
| 2024-02-29 | $714.88M |
| 2023-11-30 | $670.00M |
| 2023-08-31 | $706.42M |
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.