TBMIX Performance — TOBAM Emerging Markets Fund, Class I
Data updated: 2023-08-21
TBMIX returned −7.06% over one year to Jun 2023. The annualised 3-year return is −4.43%. The fund beat its Latin America Real Estate category average: $100 invested three years ago grew to $87, against $87 for the category, and to $93 over one year, against $93. Volatility over the past three years was 15.57% a year. In the 12 months to Jun 2023 the fund took in a net $75.0M, and assets reached $18.12M.
TBMIX Growth of $100
What $100 invested in TOBAM Emerging Markets Fund grew to, compounded from monthly returns reported on SEC Form N-PORT, against the Latin America Real Estate category average over the same months.
| Period | TBMIX | Category average |
|---|---|---|
| 1 year (Jul 2022 – Jun 2023) | $93 | $93 |
| 3 years (Jul 2020 – Jun 2023) | $87 | $87 |
| Since data start (Jan 2020 – Jun 2023) | $81 | $81 |
TBMIX Trailing Returns
Total returns to Jun 2023, from SEC N-PORT.
| Period | Total return |
|---|---|
| 1 year | −7.06% |
| 3 years (annualised) | −4.43% |
TBMIX Annual Returns
Calendar-year total returns of TOBAM Emerging Markets Fund, compounded from monthly SEC N-PORT returns. Partial years show the months covered.
| Year | Total return |
|---|---|
| 2023 (Jan–Jun) | −1.71% |
| 2022 | −24.06% |
| 2021 | −5.53% |
| 2020 | +14.82% |
TBMIX 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2023 | +4.0% | −6.7% | +1.7% | +0.4% | −2.2% | +1.5% | — | — | — | — | — | — |
| 2022 | −6.2% | +0.2% | −2.9% | −6.8% | +0.3% | −5.8% | +0.9% | −1.5% | −8.7% | −1.2% | +9.4% | −3.6% |
| 2021 | +0.2% | −0.8% | −2.2% | +2.8% | +2.8% | +0.7% | −5.7% | +2.4% | −5.1% | −0.5% | −1.7% | +1.8% |
| 2020 | −4.1% | −6.5% | −17.6% | +13.4% | +3.8% | +6.7% | +8.4% | +0.7% | −3.2% | −1.0% | +9.4% | +8.2% |
TBMIX Risk
Risk measures from monthly returns over Jul 2020 – Jun 2023.
- 3-year volatility (annualised): 15.57%
- 3-year Sharpe ratio: -0.57 (vs 4.5% risk-free rate)
- Best month: +9.43% (Nov 2022)
- Worst month: −8.72% (Sep 2022)
TBMIX Fund Flows
Monthly money in and out of TOBAM Emerging Markets Fund, from SEC Form N-PORT.
- 12-month net flow: $75.0M
- 12-month gross sales (incl. reinvestments): $1.4M
- Sales ÷ redemptions: -0.02×
| Month | Sales | Redemptions | Net flow |
|---|---|---|---|
| Jun 2023 | $0 | −$73.6M | $73.6M |
| May 2023 | $0 | $0 | $0 |
| Apr 2023 | $0 | $0 | $0 |
| Mar 2023 | $0 | $0 | $0 |
| Feb 2023 | $0 | $0 | $0 |
| Jan 2023 | $78K | $0 | $78K |
| Dec 2022 | $1.3M | $0 | $1.3M |
| Nov 2022 | $0 | $0 | $0 |
| Oct 2022 | $0 | $0 | $0 |
| Sep 2022 | $0 | $0 | $0 |
| Aug 2022 | $0 | $0 | $0 |
| Jul 2022 | $0 | $0 | $0 |
TBMIX Assets Under Management
Net assets of TOBAM Emerging Markets Fund by report date, from SEC N-PORT filings.
| Report date | Net assets |
|---|---|
| 2023-06-30 | $18.12M |
| 2023-03-31 | $90.74M |
| 2022-12-30 | $91.92M |
| 2022-09-30 | $88.22M |
| 2022-06-30 | $97.30M |
| 2022-03-31 | $110.47M |
| 2021-12-31 | $121.05M |
| 2021-09-30 | $121.59M |
| 2021-06-30 | $132.74M |
| 2021-03-31 | $116.67M |
| 2020-12-31 | $122.94M |
| 2020-09-30 | $105.03M |
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.