RCSTX Performance — Red Cedar Short Term Bond Fund, Institutional Class
Data updated: 2023-01-13
RCSTX returned −2.24% over one year to Jul 2022. Over one year the fund beat its Global Short-Term Bond category average: $100 grew to $98, against $97 for the category. Volatility over the past 12 months was 1.57% a year. In the 12 months to Jul 2022 the fund lost a net $12.7M, and assets reached $99.33M.
RCSTX Growth of $100
What $100 invested in Red Cedar Short Term Bond Fund grew to, compounded from monthly returns reported on SEC Form N-PORT, against the Global Short-Term Bond category average over the same months.
| Period | RCSTX | Category average |
|---|---|---|
| 1 year (Aug 2021 – Jul 2022) | $98 | $97 |
| Since data start (Feb 2020 – Jul 2022) | $101 | $99 |
RCSTX Trailing Returns
Total returns to Jul 2022, from SEC N-PORT.
| Period | Total return |
|---|---|
| 1 year | −2.24% |
| 3 years (annualised) | +0.24% |
RCSTX Annual Returns
Calendar-year total returns of Red Cedar Short Term Bond Fund, compounded from monthly SEC N-PORT returns. Partial years show the months covered.
| Year | Total return |
|---|---|
| 2022 (Jan–Jul) | −2.09% |
| 2021 | +0.30% |
| 2020 (Feb–Dec) | +2.45% |
RCSTX 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2022 | −0.6% | −0.5% | −1.2% | 0.0% | +0.4% | −0.5% | +0.4% | — | — | — | — | — |
| 2021 | +0.1% | 0.0% | 0.0% | +0.2% | +0.1% | 0.0% | +0.1% | +0.1% | 0.0% | 0.0% | −0.2% | −0.1% |
| 2020 | — | 0.0% | 0.0% | 0.0% | +0.9% | +0.5% | +0.4% | +0.1% | +0.2% | +0.1% | +0.2% | +0.1% |
RCSTX Risk
Risk measures from monthly returns over Aug 2021 – Jul 2022.
- 1-year volatility (annualised): 1.57%
- Best month: +0.41% (Jul 2022)
- Worst month: −1.19% (Mar 2022)
RCSTX Fund Flows
Monthly money in and out of Red Cedar Short Term Bond Fund, from SEC Form N-PORT.
- 12-month net flow: −$12.7M
- 12-month gross sales (incl. reinvestments): $14.2M
- Sales ÷ redemptions: 0.53×
| Month | Sales | Redemptions | Net flow |
|---|---|---|---|
| Jul 2022 | $91K | $0 | $91K |
| Jun 2022 | $131K | $1.1M | −$969K |
| May 2022 | $163K | $1.1M | −$887K |
| Apr 2022 | $143K | $0 | $143K |
| Mar 2022 | $142K | $2.9M | −$2.7M |
| Feb 2022 | $177K | $486 | $177K |
| Jan 2022 | $104K | $6.7M | −$6.6M |
| Dec 2021 | $391K | $204K | $187K |
| Nov 2021 | $112K | $4.4M | −$4.3M |
| Oct 2021 | $147K | $4.7M | −$4.6M |
| Sep 2021 | $5.3M | $308 | $5.3M |
| Aug 2021 | $7.2M | $5.8M | $1.5M |
RCSTX Assets Under Management
Net assets of Red Cedar Short Term Bond Fund by report date, from SEC N-PORT filings.
| Report date | Net assets |
|---|---|
| 2022-07-31 | $99.33M |
| 2022-04-30 | $101.18M |
| 2022-01-31 | $106.40M |
| 2021-10-31 | $118.67M |
| 2021-07-31 | $117.29M |
| 2021-04-30 | $99.35M |
| 2021-01-31 | $101.49M |
| 2020-10-31 | $104.06M |
| 2020-07-31 | $111.31M |
| 2020-04-30 | $104.31M |
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.