RESCX Performance — HSBC Radiant U.S. Smaller Companies Fund Class I, Class I
Data updated: 2025-03-21
RESCX returned +19.21% over one year to Jan 2025. Annualised returns are +7.19% over 3 years and +11.26% over 5 years. The fund trailed its US Growth category average: $100 invested three years ago grew to $123, against $134 for the category, and to $119 over one year, against $128. Volatility over the past three years was 21.83% a year. In the 12 months to Jan 2025 the fund took in a net $26.2M, and assets reached $43.02M.
RESCX Growth of $100
What $100 invested in HSBC Radiant U.S. Smaller Companies Fund Class I grew to, compounded from monthly returns reported on SEC Form N-PORT, against the US Growth category average over the same months.
| Period | RESCX | Category average |
|---|---|---|
| 1 year (Feb 2024 – Jan 2025) | $119 | $128 |
| 3 years (Feb 2022 – Jan 2025) | $123 | $134 |
| 5 years (Feb 2020 – Jan 2025) | $170 | $176 |
| Since data start (Aug 2019 – Jan 2025) | $188 | $188 |
RESCX Trailing Returns
Total returns to Jan 2025, from SEC N-PORT.
| Period | Total return |
|---|---|
| 1 year | +19.21% |
| 3 years (annualised) | +7.19% |
| 5 years (annualised) | +11.26% |
RESCX Annual Returns
Calendar-year total returns of HSBC Radiant U.S. Smaller Companies Fund Class I, compounded from monthly SEC N-PORT returns. Partial years show the months covered.
| Year | Total return |
|---|---|
| 2025 (Jan–Jan) | +5.47% |
| 2024 | +12.31% |
| 2023 | +24.75% |
| 2022 | −25.39% |
| 2021 | +16.19% |
| 2020 | +33.37% |
| 2019 (Aug–Dec) | +9.83% |
RESCX 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2025 | +5.5% | — | — | — | — | — | — | — | — | — | — | — |
| 2024 | −0.6% | +5.0% | +3.2% | −7.0% | +5.5% | −1.3% | +6.4% | +0.8% | +1.1% | −2.0% | +9.6% | −7.5% |
| 2023 | +8.8% | +1.0% | −1.0% | −1.9% | −0.1% | +11.1% | +3.2% | −2.8% | −4.8% | −7.3% | +8.8% | +9.4% |
| 2022 | −10.5% | −1.5% | +0.4% | −10.5% | −1.9% | −10.9% | +12.6% | −3.5% | −7.3% | +9.1% | +4.7% | −6.3% |
| 2021 | −1.4% | +5.1% | +0.2% | +5.6% | −2.0% | +2.4% | +1.4% | +2.6% | −1.6% | +4.5% | −5.0% | +3.8% |
| 2020 | +0.2% | −7.3% | −19.9% | +17.5% | +12.6% | +1.7% | +5.3% | +4.0% | −0.2% | +0.3% | +12.3% | +8.2% |
| 2019 | — | — | — | — | — | — | — | −3.0% | −0.8% | +2.2% | +9.2% | +2.3% |
RESCX Risk
Risk measures from monthly returns over Feb 2022 – Jan 2025.
- 3-year volatility (annualised): 21.83%
- 3-year Sharpe ratio: 0.12 (vs 4.5% risk-free rate)
- Best month: +12.56% (Jul 2022)
- Worst month: −10.89% (Jun 2022)
RESCX Fund Flows
Monthly money in and out of HSBC Radiant U.S. Smaller Companies Fund Class I, from SEC Form N-PORT.
- 12-month net flow: $26.2M
- 12-month gross sales (incl. reinvestments): $28.0M
- Sales ÷ redemptions: 15.49×
| Month | Sales | Redemptions | Net flow |
|---|---|---|---|
| Jan 2025 | $481K | $843K | −$362K |
| Dec 2024 | $16.9M | $270K | $16.6M |
| Nov 2024 | $584K | $100K | $485K |
| Oct 2024 | $2.0M | $147K | $1.8M |
| Sep 2024 | $624K | $44K | $580K |
| Aug 2024 | $293K | $76K | $217K |
| Jul 2024 | $220K | $83K | $137K |
| Jun 2024 | $6.6M | $13K | $6.6M |
| May 2024 | $944 | $28K | −$27K |
| Apr 2024 | $14K | $69K | −$55K |
| Mar 2024 | $113K | $65K | $48K |
| Feb 2024 | $160K | $67K | $93K |
RESCX Assets Under Management
Net assets of HSBC Radiant U.S. Smaller Companies Fund Class I by report date, from SEC N-PORT filings.
| Report date | Net assets |
|---|---|
| 2025-01-31 | $43.02M |
| 2024-10-31 | $24.88M |
| 2024-07-31 | $22.26M |
| 2024-04-30 | $13.68M |
| 2024-01-31 | $13.48M |
| 2023-10-31 | $12.76M |
| 2023-07-31 | $15.57M |
| 2023-04-30 | $13.75M |
| 2023-01-31 | $16.21M |
| 2022-10-31 | $17.09M |
| 2022-07-31 | $19.84M |
| 2022-04-30 | $63.05M |
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.