SBQIX Performance — DSS AmericaFirst Alpha Trends Factor Fund, Class I
Data updated: 2025-09-08
SBQIX returned +5.20% over one year to Jun 2025. Annualised returns are +14.12% over 3 years and +11.66% over 5 years. Against its US Multi-Cap Blend category average the fund came out ahead over three years but behind over one: $100 invested three years ago grew to $149, against $134 for the category, and to $105 over one year, against $110. Volatility over the past three years was 17.51% a year. In the 12 months to Jun 2025 the fund lost a net $999K, and assets reached $2.03M.
SBQIX Growth of $100
What $100 invested in DSS AmericaFirst Alpha Trends Factor 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 | SBQIX | Category average |
|---|---|---|
| 1 year (Jul 2024 – Jun 2025) | $105 | $110 |
| 3 years (Jul 2022 – Jun 2025) | $149 | $134 |
| 5 years (Jul 2020 – Jun 2025) | $174 | $146 |
| Since data start (Apr 2020 – Jun 2025) | $202 | $164 |
SBQIX Trailing Returns
Total returns to Jun 2025, from SEC N-PORT.
| Period | Total return |
|---|---|
| 1 year | +5.20% |
| 3 years (annualised) | +14.12% |
| 5 years (annualised) | +11.66% |
SBQIX Annual Returns
Calendar-year total returns of DSS AmericaFirst Alpha Trends Factor Fund, compounded from monthly SEC N-PORT returns. Partial years show the months covered.
| Year | Total return |
|---|---|
| 2025 (Jan–Jun) | +2.74% |
| 2024 | +16.02% |
| 2023 | +14.04% |
| 2022 | −12.47% |
| 2021 | +29.83% |
| 2020 (Apr–Dec) | +30.67% |
SBQIX 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 | +4.3% | −3.4% | −4.7% | −3.1% | +4.4% | +5.7% | — | — | — | — | — | — |
| 2024 | +2.5% | +5.5% | +5.5% | −5.5% | +3.7% | +1.4% | +0.7% | −0.1% | +1.4% | −0.9% | +9.4% | −7.4% |
| 2023 | +6.2% | −2.8% | −1.8% | +0.3% | −4.1% | +10.1% | +3.7% | −1.5% | −2.8% | −2.6% | +7.0% | +2.8% |
| 2022 | −5.8% | −1.2% | +1.5% | −4.7% | +0.5% | −11.5% | +8.2% | −1.8% | −8.0% | +10.4% | +7.0% | −5.3% |
| 2021 | +0.5% | +1.5% | +5.8% | +4.9% | +1.6% | +1.7% | +1.3% | +5.0% | −4.5% | +3.7% | −1.4% | +6.8% |
| 2020 | — | — | — | +11.6% | +4.0% | +0.2% | +5.7% | +2.6% | −2.4% | −4.5% | +8.0% | +2.8% |
SBQIX Risk
Risk measures from monthly returns over Jul 2022 – Jun 2025.
- 3-year volatility (annualised): 17.51%
- 3-year Sharpe ratio: 0.55 (vs 4.5% risk-free rate)
- Best month: +10.40% (Oct 2022)
- Worst month: −8.03% (Sep 2022)
SBQIX Fund Flows
Monthly money in and out of DSS AmericaFirst Alpha Trends Factor Fund, from SEC Form N-PORT.
- 12-month net flow: −$999K
- 12-month gross sales (incl. reinvestments): $163K
- Sales ÷ redemptions: 0.14×
| Month | Sales | Redemptions | Net flow |
|---|---|---|---|
| Jun 2025 | $0 | $190K | −$190K |
| May 2025 | $2K | $91K | −$89K |
| Apr 2025 | $0 | $16K | −$16K |
| Mar 2025 | $70K | $307K | −$237K |
| Feb 2025 | $70K | $379K | −$309K |
| Jan 2025 | $3K | $2K | $2K |
| Dec 2024 | $0 | $25K | −$25K |
| Nov 2024 | $2K | $2K | $88 |
| Oct 2024 | $0 | $0 | $0 |
| Sep 2024 | $14K | $40K | −$25K |
| Aug 2024 | $0 | $34K | −$34K |
| Jul 2024 | $0 | $76K | −$76K |
SBQIX Assets Under Management
Net assets of DSS AmericaFirst Alpha Trends Factor Fund by report date, from SEC N-PORT filings.
| Report date | Net assets |
|---|---|
| 2025-06-30 | $2.03M |
| 2025-03-31 | $2.19M |
| 2024-12-31 | $2.28M |
| 2024-09-30 | $2.30M |
| 2024-06-28 | $2.38M |
| 2024-03-28 | $2.43M |
| 2023-12-29 | $2.34M |
| 2023-09-29 | $2.59M |
| 2023-06-30 | $2.77M |
| 2023-03-31 | $3.82M |
| 2022-12-30 | $3.94M |
| 2022-09-30 | $3.62M |
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.