SMGSX Performance — SAAT Market Growth Strategy Fund, Class I
Data updated: 2026-08-28
SMGSX returned +8.56% year to date and +17.46% over one year to Jun 2026. Annualised returns are +13.39% over 3 years and +6.14% over 5 years. The fund beat its US Multi-Cap Blend category average: $100 invested three years ago grew to $146, against $143 for the category, and to $117 over one year, against $116. Volatility over the past three years was 8.48% a year. In the 12 months to Jun 2026 the fund lost a net $9.2M, and assets reached $106.62M.
SMGSX Growth of $100
What $100 invested in SAAT Market Growth Strategy 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 | SMGSX | Category average |
|---|---|---|
| 1 year (Jul 2025 – Jun 2026) | $117 | $116 |
| 3 years (Jul 2023 – Jun 2026) | $146 | $143 |
| 5 years (Jul 2021 – Jun 2026) | $135 | $136 |
| Since data start (Jul 2019 – Jun 2026) | $167 | $173 |
SMGSX Trailing Returns
Total returns to Jun 2026, from SEC N-PORT.
| Period | Total return |
|---|---|
| YTD | +8.56% |
| 1 year | +17.46% |
| 3 years (annualised) | +13.39% |
| 5 years (annualised) | +6.14% |
SMGSX Annual Returns
Calendar-year total returns of SAAT Market Growth Strategy Fund, compounded from monthly SEC N-PORT returns. Partial years show the months covered.
| Year | Total return |
|---|---|
| 2026 (Jan–Jun) | +8.56% |
| 2025 | +17.39% |
| 2024 | +9.50% |
| 2023 | +11.29% |
| 2022 | −15.12% |
| 2021 | +9.92% |
| 2020 | +9.08% |
| 2019 (Jul–Dec) | +5.76% |
SMGSX 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 | −4.7% | +2.6% | +2.8% | −0.1% | +2.5% | +5.6% | — | — | — | — | — | — |
| 2025 | −1.5% | +0.6% | +2.7% | +3.2% | +3.3% | +0.1% | +2.0% | +2.7% | +0.4% | +0.8% | +1.0% | +1.1% |
| 2024 | +2.7% | +1.7% | +0.2% | +0.9% | +2.9% | −2.7% | +2.0% | +1.7% | +2.0% | −2.7% | +2.9% | −2.3% |
| 2023 | +1.9% | −2.7% | +5.2% | +3.5% | −2.1% | +0.7% | −3.1% | −1.9% | +2.2% | +4.0% | +5.9% | −2.3% |
| 2022 | 0.0% | −1.8% | −3.0% | −7.0% | +0.6% | −5.2% | −7.6% | −3.2% | +5.0% | −2.5% | +5.8% | +3.7% |
| 2021 | +1.5% | +1.1% | −0.4% | +0.5% | +1.7% | +2.9% | −2.7% | +1.1% | +0.8% | +2.9% | −2.1% | +2.3% |
| 2020 | −11.4% | −4.3% | −0.9% | +2.3% | +3.6% | +6.4% | −1.8% | +2.6% | +3.7% | +3.4% | +8.0% | −1.3% |
| 2019 | — | — | — | — | — | — | +1.0% | −0.7% | +0.2% | +2.4% | +1.2% | +1.5% |
SMGSX Risk
Risk measures from monthly returns over Jul 2023 – Jun 2026.
- 3-year volatility (annualised): 8.48%
- 3-year Sharpe ratio: 1.05 (vs 4.5% risk-free rate)
- Best month: +5.93% (Nov 2023)
- Worst month: −4.72% (Jan 2026)
SMGSX Fund Flows
Monthly money in and out of SAAT Market Growth Strategy Fund, from SEC Form N-PORT.
- 12-month net flow: −$9.2M
- 12-month gross sales (incl. reinvestments): $6.9M
- Sales ÷ redemptions: 0.43×
| Month | Sales | Redemptions | Net flow |
|---|---|---|---|
| Jun 2026 | $599K | $1.6M | −$975K |
| May 2026 | $74K | $782K | −$708K |
| Apr 2026 | $322K | $353K | −$32K |
| Mar 2026 | $109K | $1.1M | −$993K |
| Feb 2026 | $104K | $1.8M | −$1.7M |
| Jan 2026 | $141K | $3.2M | −$3.0M |
| Dec 2025 | $439K | $932K | −$493K |
| Nov 2025 | $57K | $1.5M | −$1.5M |
| Oct 2025 | $4.0M | $850K | $3.1M |
| Sep 2025 | $778K | $1.2M | −$418K |
| Aug 2025 | $104K | $1.7M | −$1.6M |
| Jul 2025 | $215K | $1.2M | −$937K |
SMGSX Assets Under Management
Net assets of SAAT Market Growth Strategy Fund by report date, from SEC N-PORT filings.
| Report date | Net assets |
|---|---|
| 2026-06-30 | $106.62M |
| 2026-03-31 | $100.65M |
| 2025-12-31 | $105.81M |
| 2025-09-30 | $105.68M |
| 2025-06-30 | $103.88M |
| 2025-03-31 | $102.09M |
| 2024-12-31 | $108.37M |
| 2024-09-30 | $114.58M |
| 2024-06-30 | $112.49M |
| 2024-03-31 | $116.11M |
| 2023-12-31 | $114.49M |
| 2023-09-30 | $111.30M |
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.