ACM Dynamic Opportunity Fund (ADOIX)
The investment seeks long-term capital appreciation with a short-term focus on capital preservation. To pursue its investment objective, the fund invests in domestic and foreign (including emerging markets) equity securities of any market capitalization. It may also take long or short positions in index exchange traded funds ("ETFs") to hedge the fund's equity portfolio. The fund's adviser, Ascendant Capital Management, LLC (the "Adviser"), selects equity securities for the fund's portfolio that are experiencing meaningful breakouts.
Fund Info
| ISIN | US66538G6504 |
|---|---|
| CUSIP | 66538G650 |
| Issuer | ACM |
| Inception Date | Jan 19, 2015 |
| Category | Long-Short |
| Min. Investment | $10,000 |
| Asset Class | Equity |
Asset Class Size | Large-Cap |
Asset Class Style | Growth |
Expense Ratio
The ACM Dynamic Opportunity Fund has a high expense ratio of 1.72%, indicating higher-than-average management fees.
Share Price Chart
Loading data...
Compare to other instruments
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Performance
Performance Chart
The chart shows the growth of an initial investment of $10,000 in ACM Dynamic Opportunity Fund, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.
Returns By Period
ACM Dynamic Opportunity Fund had a return of 8.66% year-to-date (YTD) and 19.93% in the last 12 months.
| Period | Return | Benchmark |
|---|---|---|
| Year-To-Date | 8.66% | 6.33% |
| 1 month | -3.11% | -2.81% |
| 6 months | 17.27% | 21.13% |
| 1 year | 19.93% | 24.56% |
| 5 years (annualized) | 3.55% | 11.55% |
| 10 years (annualized) | N/A | 10.55% |
Monthly Returns Heatmap
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | 2.64% | 6.47% | 2.47% | |||||||||
| 2023 | -2.07% | -2.52% | 4.39% | 3.70% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
ACM Dynamic Opportunity Fund(ADOIX)
Risk-Adjusted Performance Indicators
The charts below present risk-adjusted performance metrics for ACM Dynamic Opportunity Fund (ADOIX) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.
Dividends
Dividend History
ACM Dynamic Opportunity Fund granted a 1.21% dividend yield in the last twelve months. The annual payout for that period amounted to $0.23 per share.
| Period | TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 |
|---|---|---|---|---|---|---|---|
| Dividend | $0.23 | $0.23 | $1.11 | $0.00 | $0.91 | $0.06 | $0.17 |
Dividend yield | 1.21% | 1.32% | 6.56% | 0.00% | 4.34% | 0.35% | 1.00% |
Monthly Dividends
The table displays the monthly dividend distributions for ACM Dynamic Opportunity Fund. The dividends shown in the table have been adjusted to account for any splits that may have occurred.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | $0.00 | $0.00 | $0.00 | |||||||||
| 2023 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.23 |
| 2022 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $1.11 |
| 2021 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 |
| 2020 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.91 |
| 2019 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.06 |
| 2018 | $0.17 |
Drawdowns
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way.
Worst Drawdowns
The table below displays the maximum drawdowns of the ACM Dynamic Opportunity Fund. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.
The maximum drawdown for the ACM Dynamic Opportunity Fund was 23.83%, occurring on May 3, 2023. The portfolio has not yet recovered.
The current ACM Dynamic Opportunity Fund drawdown is 8.31%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -23.83% | Feb 16, 2021 | 558 | May 3, 2023 | — | — | — |
| -14.75% | Feb 20, 2020 | 21 | Mar 19, 2020 | 81 | Jul 15, 2020 | 102 |
| -12.11% | Oct 2, 2018 | 252 | Oct 2, 2019 | 95 | Feb 19, 2020 | 347 |
| -11.14% | Jul 21, 2015 | 140 | Feb 8, 2016 | 336 | Jun 8, 2017 | 476 |
| -6.63% | Oct 14, 2020 | 20 | Nov 10, 2020 | 22 | Dec 11, 2020 | 42 |
Volatility
Volatility Chart
The current ACM Dynamic Opportunity Fund volatility is 3.33%, representing the average percentage change in the investments's value, either up or down over the past month. The chart below shows the rolling one-month volatility.