VEITX Performance — VELA International Fund, Class I
Data updated: 2026-09-04
VEITX returned +2.24% year to date and +12.52% over one year to Jun 2026. Annualised returns are +13.22% over 3 years and +7.55% over 5 years. The fund trailed its International Multi-Cap Value category average: $100 invested three years ago grew to $145, against $164 for the category, and to $113 over one year, against $123. Volatility over the past three years was 12.21% a year. In the 12 months to Jun 2026 the fund took in a net $10.6M, and assets reached $76.40M.
VEITX Growth of $100
What $100 invested in VELA International Fund grew to, compounded from monthly returns reported on SEC Form N-PORT, against the International Multi-Cap Value category average over the same months.
| Period | VEITX | Category average |
|---|---|---|
| 1 year (Jul 2025 – Jun 2026) | $113 | $123 |
| 3 years (Jul 2023 – Jun 2026) | $145 | $164 |
| 5 years (Jul 2021 – Jun 2026) | $144 | $161 |
| Since data start (Oct 2020 – Jun 2026) | $187 | $209 |
VEITX Trailing Returns
Total returns to Jun 2026, from SEC N-PORT.
| Period | Total return |
|---|---|
| YTD | +2.24% |
| 1 year | +12.52% |
| 3 years (annualised) | +13.22% |
| 5 years (annualised) | +7.55% |
VEITX Annual Returns
Calendar-year total returns of VELA International Fund, compounded from monthly SEC N-PORT returns. Partial years show the months covered.
| Year | Total return |
|---|---|
| 2026 (Jan–Jun) | +2.24% |
| 2025 | +30.96% |
| 2024 | +3.58% |
| 2023 | +15.89% |
| 2022 | −6.87% |
| 2021 | +7.33% |
| 2020 (Oct–Dec) | +16.30% |
VEITX 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 | +2.9% | +3.8% | −7.2% | +3.9% | +2.9% | −3.5% | — | — | — | — | — | — |
| 2025 | +2.4% | +3.2% | +2.2% | +3.7% | +3.9% | +2.3% | −2.4% | +7.1% | +2.7% | −1.9% | +1.7% | +2.6% |
| 2024 | −2.3% | +0.4% | +4.8% | −1.8% | +5.4% | −3.2% | +4.0% | +2.3% | +1.1% | −4.4% | −0.5% | −1.5% |
| 2023 | +8.7% | −2.0% | +1.4% | +2.1% | −4.5% | +5.1% | +3.5% | −3.7% | −3.0% | −3.5% | +7.0% | +4.8% |
| 2022 | +0.4% | −2.7% | −2.0% | −2.9% | +3.3% | −8.1% | +2.4% | −5.4% | −8.3% | +6.4% | +11.8% | −0.1% |
| 2021 | −1.5% | +5.6% | +2.1% | +1.7% | +5.2% | −1.7% | −1.3% | 0.0% | −3.5% | +2.7% | −5.7% | +4.3% |
| 2020 | — | — | — | — | — | — | — | — | — | −5.3% | +16.3% | +5.6% |
VEITX Risk
Risk measures from monthly returns over Jul 2023 – Jun 2026.
- 3-year volatility (annualised): 12.21%
- 3-year Sharpe ratio: 0.71 (vs 4.5% risk-free rate)
- Best month: +7.14% (Aug 2025)
- Worst month: −7.24% (Mar 2026)
VEITX Fund Flows
Monthly money in and out of VELA International Fund, from SEC Form N-PORT.
- 12-month net flow: $10.6M
- 12-month gross sales (incl. reinvestments): $18.1M
- Sales ÷ redemptions: 2.41×
| Month | Sales | Redemptions | Net flow |
|---|---|---|---|
| Jun 2026 | $467K | $78K | $389K |
| May 2026 | $716K | $865K | −$149K |
| Apr 2026 | $395K | $1.2M | −$813K |
| Mar 2026 | $3.3M | $554K | $2.7M |
| Feb 2026 | $1.1M | $403K | $660K |
| Jan 2026 | $4.0M | $299K | $3.7M |
| Dec 2025 | $5.3M | $1.2M | $4.1M |
| Nov 2025 | $279K | $393K | −$114K |
| Oct 2025 | $343K | $1.0M | −$701K |
| Sep 2025 | $1.4M | $1.1M | $321K |
| Aug 2025 | $238K | $56K | $182K |
| Jul 2025 | $536K | $278K | $258K |
VEITX Assets Under Management
Net assets of VELA International Fund by report date, from SEC N-PORT filings.
| Report date | Net assets |
|---|---|
| 2026-06-30 | $76.40M |
| 2026-03-31 | $74.60M |
| 2025-12-31 | $68.33M |
| 2025-09-30 | $68.51M |
| 2025-06-30 | $63.03M |
| 2025-03-31 | $55.59M |
| 2024-12-31 | $49.24M |
| 2024-09-30 | $51.61M |
| 2024-06-30 | $47.06M |
| 2024-03-31 | $46.60M |
| 2023-12-31 | $43.61M |
| 2023-09-30 | $40.66M |
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.