QASOX Performance — Q3 All-Season Systematic Opportunities Fund, Institutional Class
Data updated: 2026-07-30
QASOX returned +6.10% year to date and +20.75% over one year to May 2026. Annualised returns are +13.70% over 3 years and +6.12% over 5 years. Against its US Multi-Cap Blend category average the fund came out behind over three years but ahead over one: $100 invested three years ago grew to $147, against $147 for the category, and to $121 over one year, against $119. Volatility over the past three years was 8.31% a year. In the 12 months to May 2026 the fund took in a net $157.9M, and assets reached $354.92M.
QASOX Growth of $100
What $100 invested in Q3 All-Season Systematic Opportunities Fund grew to, compounded from monthly returns reported on SEC Form N-PORT, against the US Multi-Cap Blend category average over the same months.
| Period | QASOX | Category average |
|---|---|---|
| 1 year (Jun 2025 – May 2026) | $121 | $119 |
| 3 years (Jun 2023 – May 2026) | $147 | $147 |
| 5 years (Jun 2021 – May 2026) | $135 | $136 |
| Since data start (Mar 2020 – May 2026) | $173 | $173 |
QASOX Trailing Returns
Total returns to May 2026, from SEC N-PORT.
| Period | Total return |
|---|---|
| YTD | +6.10% |
| 1 year | +20.75% |
| 3 years (annualised) | +13.70% |
| 5 years (annualised) | +6.12% |
QASOX Annual Returns
Calendar-year total returns of Q3 All-Season Systematic Opportunities Fund, compounded from monthly SEC N-PORT returns. Partial years show the months covered.
| Year | Total return |
|---|---|
| 2026 (Jan–May) | +6.10% |
| 2025 | +20.03% |
| 2024 | +8.36% |
| 2023 | +10.92% |
| 2022 | −11.01% |
| 2021 | +5.76% |
| 2020 (Mar–Dec) | +20.31% |
QASOX 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 | +2.5% | +0.2% | −2.6% | +2.8% | +3.2% | — | — | — | — | — | — | — |
| 2025 | +3.2% | −2.6% | −4.9% | +5.3% | +4.9% | +4.8% | +0.8% | +2.3% | −0.2% | +4.2% | +1.2% | +0.1% |
| 2024 | −0.8% | +1.6% | +2.8% | −1.1% | +1.9% | +0.6% | −2.6% | −0.2% | +0.4% | −0.4% | +2.7% | +3.2% |
| 2023 | +5.3% | −4.8% | −2.4% | +5.5% | +0.8% | +3.7% | +1.0% | +1.6% | −1.8% | −1.9% | +2.3% | +1.6% |
| 2022 | −7.8% | +0.1% | +1.5% | −4.3% | +1.9% | −5.6% | +2.2% | −0.5% | −4.3% | +7.0% | +1.2% | −2.0% |
| 2021 | +0.7% | +0.8% | +1.4% | +3.6% | +0.4% | −1.4% | −0.4% | +2.5% | −5.5% | +4.6% | −4.9% | +4.5% |
| 2020 | — | — | −0.1% | 0.0% | 0.0% | +3.1% | +6.1% | +3.8% | −4.4% | −2.8% | +9.1% | +4.5% |
QASOX Risk
Risk measures from monthly returns over Jun 2023 – May 2026.
- 3-year volatility (annualised): 8.31%
- 3-year Sharpe ratio: 1.11 (vs 4.5% risk-free rate)
- Best month: +5.28% (Apr 2025)
- Worst month: −4.92% (Mar 2025)
QASOX Fund Flows
Monthly money in and out of Q3 All-Season Systematic Opportunities Fund, from SEC Form N-PORT.
- 12-month net flow: $157.9M
- 12-month gross sales (incl. reinvestments): $255.5M
- Sales ÷ redemptions: 2.62×
| Month | Sales | Redemptions | Net flow |
|---|---|---|---|
| May 2026 | $13.9M | $8.2M | $5.7M |
| Apr 2026 | $17.5M | $8.1M | $9.4M |
| Mar 2026 | $35.7M | $11.9M | $23.8M |
| Feb 2026 | $18.7M | $5.7M | $13.0M |
| Jan 2026 | $16.5M | $12.8M | $3.6M |
| Dec 2025 | $59.3M | $13.5M | $45.7M |
| Nov 2025 | $19.1M | $4.2M | $14.9M |
| Oct 2025 | $18.2M | $11.6M | $6.6M |
| Sep 2025 | $16.6M | $5.8M | $10.9M |
| Aug 2025 | $15.2M | $4.3M | $10.9M |
| Jul 2025 | $16.0M | $3.9M | $12.1M |
| Jun 2025 | $9.0M | $7.6M | $1.4M |
QASOX Assets Under Management
Net assets of Q3 All-Season Systematic Opportunities Fund by report date, from SEC N-PORT filings.
| Report date | Net assets |
|---|---|
| 2026-05-31 | $354.92M |
| 2026-02-28 | $304.65M |
| 2025-11-30 | $270.14M |
| 2025-08-31 | $225.12M |
| 2025-05-31 | $185.56M |
| 2025-02-28 | $180.00M |
| 2024-11-30 | $178.34M |
| 2024-08-31 | $185.65M |
| 2024-05-31 | $192.43M |
| 2024-02-29 | $168.68M |
| 2023-11-30 | $158.04M |
| 2023-08-31 | $126.45M |
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.