SMILX Performance — SMI Multi-Strategy Fund
Data updated: 2026-09-29
SMILX returned +7.59% year to date and +17.36% over one year to Jul 2026. Annualised returns are +10.75% over 3 years and +6.10% over 5 years. Against its Financials Equity category average the fund came out behind over three years but ahead over one: $100 invested three years ago grew to $136, against $152 for the category, and to $117 over one year, against $114. Volatility over the past three years was 11.45% a year. In the 12 months to Jul 2026 the fund took in a net $682K, and assets reached $56.65M.
SMILX Growth of $100
What $100 invested in SMI Multi-Strategy Fund grew to, compounded from monthly returns reported on SEC Form N-PORT, against the Financials Equity category average over the same months.
| Period | SMILX | Category average |
|---|---|---|
| 1 year (Aug 2025 – Jul 2026) | $117 | $114 |
| 3 years (Aug 2023 – Jul 2026) | $136 | $152 |
| 5 years (Aug 2021 – Jul 2026) | $134 | $147 |
| Since data start (Feb 2020 – Jul 2026) | $180 | $179 |
SMILX Trailing Returns
Total returns to Jul 2026, from SEC N-PORT.
| Period | Total return |
|---|---|
| YTD | +7.59% |
| 1 year | +17.36% |
| 3 years (annualised) | +10.75% |
| 5 years (annualised) | +6.10% |
SMILX Annual Returns
Calendar-year total returns of SMI Multi-Strategy Fund, compounded from monthly SEC N-PORT returns. Partial years show the months covered.
| Year | Total return |
|---|---|
| 2026 (Jan–Jul) | +7.59% |
| 2025 | +13.97% |
| 2024 | +13.29% |
| 2023 | +6.60% |
| 2022 | −11.85% |
| 2021 | +9.76% |
| 2020 (Feb–Dec) | +25.78% |
SMILX 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 | +5.6% | +3.4% | −5.8% | +6.9% | +3.4% | −1.6% | −4.0% | — | — | — | — | — |
| 2025 | +3.6% | −1.9% | −3.4% | +0.4% | +3.0% | +2.7% | +0.2% | +2.7% | +4.5% | +1.0% | −0.2% | +0.8% |
| 2024 | +0.4% | +3.0% | +2.4% | −3.7% | +4.5% | +2.0% | +1.1% | +1.9% | +1.7% | −1.4% | +5.6% | −4.5% |
| 2023 | +3.6% | −2.2% | +1.4% | +0.6% | −0.9% | +3.2% | +3.0% | −2.4% | −4.9% | −2.7% | +4.7% | +3.4% |
| 2022 | −7.1% | 0.0% | +4.2% | −3.6% | +0.8% | −6.5% | +0.8% | −1.4% | −3.3% | +2.9% | +2.2% | −0.7% |
| 2021 | +1.2% | 0.0% | +1.3% | +3.6% | +1.1% | −0.5% | −0.2% | +2.2% | −4.2% | +5.4% | −2.9% | +2.8% |
| 2020 | — | 0.0% | −0.1% | +0.1% | +2.7% | +2.6% | +5.9% | +4.4% | −3.2% | −2.3% | +9.2% | +4.5% |
SMILX Risk
Risk measures from monthly returns over Aug 2023 – Jul 2026.
- 3-year volatility (annualised): 11.45%
- 3-year Sharpe ratio: 0.55 (vs 4.5% risk-free rate)
- Best month: +6.92% (Apr 2026)
- Worst month: −5.76% (Mar 2026)
SMILX Fund Flows
Monthly money in and out of SMI Multi-Strategy Fund, from SEC Form N-PORT.
- 12-month net flow: $682K
- 12-month gross sales (incl. reinvestments): $7.9M
- Sales ÷ redemptions: 1.09×
| Month | Sales | Redemptions | Net flow |
|---|---|---|---|
| Jul 2026 | $305K | $651K | −$345K |
| Jun 2026 | $167K | $335K | −$167K |
| May 2026 | $220K | $467K | −$247K |
| Apr 2026 | $394K | $714K | −$319K |
| Mar 2026 | $252K | $581K | −$329K |
| Feb 2026 | $406K | $924K | −$518K |
| Jan 2026 | $293K | $537K | −$244K |
| Dec 2025 | $5.2M | $574K | $4.6M |
| Nov 2025 | $49K | $255K | −$206K |
| Oct 2025 | $116K | $491K | −$376K |
| Sep 2025 | $506K | $567K | −$61K |
| Aug 2025 | $31K | $1.1M | −$1.1M |
SMILX Assets Under Management
Net assets of SMI Multi-Strategy Fund by report date, from SEC N-PORT filings.
| Report date | Net assets |
|---|---|
| 2026-07-31 | $56.65M |
| 2026-04-30 | $58.74M |
| 2026-01-31 | $57.54M |
| 2025-10-31 | $54.20M |
| 2025-07-31 | $51.48M |
| 2025-04-30 | $49.88M |
| 2025-01-31 | $53.80M |
| 2024-10-31 | $53.14M |
| 2024-07-31 | $52.07M |
| 2024-04-30 | $49.48M |
| 2024-01-31 | $52.50M |
| 2023-10-31 | $49.91M |
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.