Upright Assets Allocation Plus Fund (UPAAX)

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The chart shows the growth of an initial investment of $10,000 in Upright Assets Allocation Plus Fund, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.

Upright Assets Allocation Plus Fund (UPAAX) has returned -6.72% so far this year and 33.01% over the past 12 months.

Based on dividend-adjusted daily data since Oct 11, 2017, UPAAX's average daily return is +3.63%, while the average monthly return is +1.07%. At this rate, your investment would double in approximately 5.4 years.

Historically, 48% of months were positive and 52% were negative. The best month was Nov 2020 with a return of +24.0%, while the worst month was Sep 2022 at -19.4%. The longest winning streak lasted 8 consecutive months, and the longest losing streak was 4 months.

On a daily basis, UPAAX closed higher 43% of trading days. The best single day was Jan 17, 2025 with a return of +4,132.6%, while the worst single day was Jan 23, 2025 at -97.8%.

Upright Assets Allocation Plus Fund has an annualized alpha of 749525.03%, beta of 0.52, and R² of 0.00 versus S&P 500 Index. Calculated based on daily prices since October 12, 2017.

• This fund participated in 123.97% of S&P 500 Index downside but only 121.12% of its upside — more exposed to losses than it benefited from rallies.
• Beta of 0.52 may look defensive, but with R² of 0.00 this fund is largely uncorrelated with S&P 500 Index — low beta reflects independence, not downside protection. See the Volatility section for a true picture of this fund's risk.
• R² of 0.00 means this fund moves largely independently of S&P 500 Index — capture ratios reflect limited market correlation rather than active downside protection. Consider using a more representative benchmark.

UPAAX has a high expense ratio of 2.49%, indicating above-average management fees.

UPAAX ranks 43 for risk / return — on par with similar mutual funds. You're getting a typical balance of risk and reward. Not a standout, but not a red flag either — a reasonable choice if other factors align with your goals.

The table below present risk-adjusted performance metrics for Upright Assets Allocation Plus Fund (UPAAX) and compare them to a chosen benchmark (S&P 500 Index).

Upright Assets Allocation Plus Fund provided a 0.07% dividend yield over the last twelve months, with an annual payout of $0.01 per share.

The table displays the monthly dividend distributions for Upright Assets Allocation Plus Fund. The dividends shown in the table have been adjusted to account for any splits that may have occurred.

The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.

The table below displays the maximum drawdowns of the Upright Assets Allocation Plus 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 Upright Assets Allocation Plus Fund was 98.72%, occurring on Apr 8, 2025. The portfolio has not yet recovered.

The current Upright Assets Allocation Plus Fund drawdown is 97.79%.

The chart below shows the rolling one-month volatility.