QAGIX Performance — CCM Core Impact Equity Fund, Institutional Class
Data updated: 2024-02-29
QAGIX returned +21.91% over one year to Dec 2023. The annualised 3-year return is +11.21%. Against its US Large Growth category average the fund came out ahead over three years but behind over one: $100 invested three years ago grew to $138, against $129 for the category, and to $122 over one year, against $135. Volatility over the past three years was 17.98% a year. In the 12 months to Dec 2023 the fund took in a net $7.5M, and assets reached $57.19M.
QAGIX Growth of $100
What $100 invested in CCM Core Impact Equity Fund grew to, compounded from monthly returns reported on SEC Form N-PORT, against the US Large Growth category average over the same months.
| Period | QAGIX | Category average |
|---|---|---|
| 1 year (Jan 2023 – Dec 2023) | $122 | $135 |
| 3 years (Oct 2020 – Dec 2023) | $138 | $129 |
| Since data start (Jan 2020 – Dec 2023) | $146 | $156 |
QAGIX Trailing Returns
Total returns to Dec 2023, from SEC N-PORT.
| Period | Total return |
|---|---|
| 1 year | +21.91% |
| 3 years (annualised) | +11.21% |
QAGIX Annual Returns
Calendar-year total returns of CCM Core Impact Equity Fund, compounded from monthly SEC N-PORT returns. Partial years show the months covered.
| Year | Total return |
|---|---|
| 2023 | +21.91% |
| 2022 | −19.18% |
| 2021 (Jan–Dec) | +24.24% |
| 2020 | +19.03% |
QAGIX 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 | −1.0% | −3.2% | +6.8% | +7.5% | +1.6% | +1.3% | −4.8% | −1.0% | +2.7% | +5.7% | +9.8% | −4.3% |
| 2022 | +1.4% | −2.3% | −3.9% | −9.1% | +0.5% | −7.7% | −10.2% | −3.2% | +8.4% | −4.7% | +4.6% | +7.1% |
| 2021 | −1.0% | +3.7% | +4.0% | +7.2% | −0.5% | +1.0% | — | — | — | +5.1% | −2.6% | +5.5% |
| 2020 | −0.2% | −7.8% | −15.4% | +13.7% | +4.7% | +2.5% | +7.5% | +7.6% | −3.7% | −0.8% | +8.7% | +4.3% |
QAGIX Risk
Risk measures from monthly returns over Oct 2020 – Dec 2023.
- 3-year volatility (annualised): 17.98%
- 3-year Sharpe ratio: 0.37 (vs 4.5% risk-free rate)
- Best month: +9.79% (Nov 2023)
- Worst month: −10.21% (Jul 2022)
QAGIX Fund Flows
Monthly money in and out of CCM Core Impact Equity Fund, from SEC Form N-PORT.
- 12-month net flow: $7.5M
- 12-month gross sales (incl. reinvestments): $444K
- Sales ÷ redemptions: -0.06×
| Month | Sales | Redemptions | Net flow |
|---|---|---|---|
| Dec 2023 | $71K | −$659K | $730K |
| Nov 2023 | $110K | −$811K | $921K |
| Oct 2023 | $38K | −$1.1M | $1.2M |
| Sep 2023 | $82K | −$328K | $410K |
| Aug 2023 | $19K | −$540K | $558K |
| Jul 2023 | −$40K | −$886K | $847K |
| Jun 2023 | $12K | −$285K | $297K |
| May 2023 | $17K | −$563K | $580K |
| Apr 2023 | $14K | −$459K | $473K |
| Mar 2023 | $87K | −$451K | $539K |
| Feb 2023 | $14K | −$153K | $168K |
| Jan 2023 | $19K | −$761K | $780K |
QAGIX Assets Under Management
Net assets of CCM Core Impact Equity Fund by report date, from SEC N-PORT filings.
| Report date | Net assets |
|---|---|
| 2023-12-31 | $57.19M |
| 2023-09-30 | $53.76M |
| 2023-06-30 | $57.15M |
| 2023-03-31 | $52.94M |
| 2022-12-31 | $52.91M |
| 2022-09-30 | $52.00M |
| 2022-06-30 | $56.87M |
| 2022-03-31 | $68.51M |
| 2021-12-31 | $73.58M |
| 2021-09-30 | $70.46M |
| 2021-06-30 | $71.35M |
| 2021-03-31 | $67.24M |
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.