AFMCX
:
Fund Overview
What were the Fund's costs for the last six months?
(based on a hypothetical $10,000 investment)
Class Name | Costs of a $10,000 investment | Costs paid as a percentage of a $10,000 investment |
|---|---|---|
Institutional Shares | $ |
How did the Fund perform in the last six months?
The Fund returned +9.61% over the last six months, underperforming the Russell Microcap Index’s return of +14.67% by 506 basis points. Generally speaking, it was a difficult market environment for active managers, with a few notable outlier companies within technology that were a meaningful drag on the Fund’s excess returns. These stocks were boosted by the AI and quantum computing frenzy within U.S. equity markets.
We are excited about the addition of a new subadviser to the Fund during this time period. While it has only been a few months, the manager got off to a solid performance start by outperforming our benchmark.
Total Return Based on a $10,000 Investment
Date | |||
|---|---|---|---|
12/31/14 | $10,000 | $ | $ |
03/31/15 | $10,506 | $ | $ |
06/30/15 | $10,764 | $ | $ |
09/30/15 | $9,857 | $ | $ |
12/31/15 | $10,245 | $ | $ |
03/31/16 | $9,848 | $ | $ |
06/30/16 | $10,305 | $ | $ |
09/30/16 | $11,168 | $ | $ |
12/31/16 | $12,453 | $ | $ |
03/31/17 | $12,233 | $ | $ |
06/30/17 | $12,594 | $ | $ |
09/30/17 | $13,525 | $ | $ |
12/31/17 | $13,730 | $ | $ |
03/31/18 | $13,585 | $ | $ |
06/30/18 | $14,706 | $ | $ |
09/30/18 | $15,152 | $ | $ |
12/31/18 | $11,961 | $ | $ |
03/31/19 | $13,534 | $ | $ |
06/30/19 | $13,283 | $ | $ |
09/30/19 | $12,979 | $ | $ |
12/31/19 | $14,579 | $ | $ |
03/31/20 | $9,181 | $ | $ |
06/30/20 | $11,589 | $ | $ |
09/30/20 | $12,356 | $ | $ |
12/31/20 | $16,629 | $ | $ |
03/31/21 | $20,770 | $ | $ |
06/30/21 | $22,159 | $ | $ |
09/30/21 | $21,021 | $ | $ |
12/31/21 | $21,501 | $ | $ |
03/31/22 | $19,689 | $ | $ |
06/30/22 | $16,582 | $ | $ |
09/30/22 | $16,395 | $ | $ |
12/31/22 | $17,382 | $ | $ |
03/31/23 | $18,024 | $ | $ |
06/30/23 | $18,911 | $ | $ |
09/30/23 | $18,146 | $ | $ |
12/31/23 | $20,409 | $ | $ |
03/31/24 | $21,632 | $ | $ |
06/30/24 | $20,164 | $ | $ |
09/30/24 | $21,494 | $ | $ |
12/31/24 | $22,101 | $ | $ |
The above chart represents historical performance of a hypothetical $10,000 investment over the past 10 years.
Average Annual Total Returns
One Year | Five Year | Ten Year | |
|---|---|---|---|
Acuitas US Microcap Fund | |||
Russell 3000 Index | |||
Russell Microcap® Index |
Fund Statistics
Total Net Assets | $ |
|---|---|
# of Portfolio Holdings | |
Portfolio Turnover Rate | |
Investment Advisory Fees (Net of fees waived)
| $ |
Sector Weightings
(% total investments)*
Value | Value |
|---|---|
Industrials | |
Health Care | |
Technology | |
Financials | |
Consumer Discretionary | |
Energy | |
Utilities | |
Real Estate | |
Consumer Staples | |
Telecommunications | |
Basic Materials |
* excluding cash equivalents
Top Ten Holdings
(% of total investments)*
Ducommun, Inc. | |
Columbus McKinnon Corp. | |
Select Water Solutions, Inc., Class A | |
Interface, Inc. | |
Magnite, Inc. | |
Photronics, Inc. | |
Barrett Business Services, Inc. | |
American Coastal Insurance Corp. | |
iRadimed Corp. | |
ChromaDex Corp. |
* excluding cash equivalents
Asset Class Weightings
(% total investments)
Value | Value |
|---|---|
Common Stock | |
Money Market Fund |
Where can I find additional information about the fund?
If you wish to view additional information about the Fund; including but not limited to its prospectus, holdings, financial information, and proxy information, please visit https://acuitasfunds.com/invest-with-us/ .
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