C000021965 Performance — SA Franklin BW U.S. Large Cap Value Portfolio, Class 3
Data updated: 2026-09-28
C000021965 returned +16.33% year to date and +27.88% over one year to Jul 2026. Annualised returns are +18.15% over 3 years and +12.49% over 5 years. The fund beat its US Large Value category average: $100 invested three years ago grew to $165, against $156 for the category, and to $128 over one year, against $122. Volatility over the past three years was 12.20% a year. In the 12 months to Jul 2026 the fund lost a net $29.8M, and assets reached $1.29B.
C000021965 Growth of $100
What $100 invested in SA Franklin BW U.S. Large Cap Value Portfolio grew to, compounded from monthly returns reported on SEC Form N-PORT, against the US Large Value category average over the same months.
| Period | C000021965 | Category average |
|---|---|---|
| 1 year (Aug 2025 – Jul 2026) | $128 | $122 |
| 3 years (Aug 2023 – Jul 2026) | $165 | $156 |
| 5 years (Aug 2021 – Jul 2026) | $180 | $168 |
| Since data start (Aug 2019 – Jul 2026) | $236 | $226 |
C000021965 Trailing Returns
Total returns to Jul 2026, from SEC N-PORT.
| Period | Total return |
|---|---|
| YTD | +16.33% |
| 1 year | +27.88% |
| 3 years (annualised) | +18.15% |
| 5 years (annualised) | +12.49% |
C000021965 Annual Returns
Calendar-year total returns of SA Franklin BW U.S. Large Cap Value Portfolio, compounded from monthly SEC N-PORT returns. Partial years show the months covered.
| Year | Total return |
|---|---|
| 2026 (Jan–Jul) | +16.33% |
| 2025 | +16.83% |
| 2024 | +18.40% |
| 2023 | +7.18% |
| 2022 | −1.58% |
| 2021 | +29.51% |
| 2020 | −1.53% |
| 2019 (Aug–Dec) | +9.00% |
C000021965 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 | +3.8% | +3.0% | −3.6% | +4.4% | +2.2% | +1.5% | +4.2% | — | — | — | — | — |
| 2025 | +5.3% | +0.5% | −2.3% | −4.4% | +2.7% | +3.8% | +0.8% | +4.3% | +1.6% | −1.0% | +3.9% | +1.0% |
| 2024 | +1.7% | +3.2% | +6.6% | −4.3% | +3.0% | −1.0% | +5.9% | +2.4% | +0.7% | +0.1% | +6.7% | −7.0% |
| 2023 | +4.5% | −3.5% | −2.2% | +0.5% | −4.9% | +6.6% | +4.0% | −2.2% | −2.7% | −3.8% | +6.1% | +5.7% |
| 2022 | −0.6% | −0.8% | +2.0% | −4.7% | +2.6% | −8.6% | +5.0% | −1.9% | −8.4% | +13.9% | +6.4% | −4.2% |
| 2021 | +0.1% | +6.4% | +8.1% | +4.2% | +3.2% | −1.7% | +0.3% | +2.3% | −3.0% | +5.1% | −4.1% | +6.1% |
| 2020 | −3.6% | −10.1% | −16.3% | +11.5% | +3.2% | −0.7% | +2.9% | +3.4% | −2.2% | −2.4% | +12.5% | +3.9% |
| 2019 | — | — | — | — | — | — | — | −3.9% | +4.0% | +2.5% | +3.9% | +2.4% |
C000021965 Risk
Risk measures from monthly returns over Aug 2023 – Jul 2026.
- 3-year volatility (annualised): 12.20%
- 3-year Sharpe ratio: 1.12 (vs 4.5% risk-free rate)
- Best month: +6.72% (Nov 2024)
- Worst month: −7.01% (Dec 2024)
C000021965 Fund Flows
Monthly money in and out of SA Franklin BW U.S. Large Cap Value Portfolio, from SEC Form N-PORT.
- 12-month net flow: −$29.8M
- 12-month gross sales (incl. reinvestments): $215.5M
- Sales ÷ redemptions: 0.88×
| Month | Sales | Redemptions | Net flow |
|---|---|---|---|
| Jul 2026 | $5.0M | $18.7M | −$13.7M |
| Jun 2026 | $1.1M | $15.9M | −$14.9M |
| May 2026 | $159K | $16.3M | −$16.1M |
| Apr 2026 | $1.5M | $30.6M | −$29.1M |
| Mar 2026 | $343K | $18.5M | −$18.2M |
| Feb 2026 | $627K | $24.8M | −$24.2M |
| Jan 2026 | $154K | $22.5M | −$22.4M |
| Dec 2025 | $264K | $27.0M | −$26.7M |
| Nov 2025 | $203.6M | $18.2M | $185.4M |
| Oct 2025 | $1000K | $21.6M | −$20.6M |
| Sep 2025 | $592K | $15.3M | −$14.7M |
| Aug 2025 | $1.2M | $15.8M | −$14.6M |
C000021965 Assets Under Management
Net assets of SA Franklin BW U.S. Large Cap Value Portfolio by report date, from SEC N-PORT filings.
| Report date | Net assets |
|---|---|
| 2026-07-31 | $1.29B |
| 2026-04-30 | $1.23B |
| 2026-01-31 | $1.26B |
| 2025-10-31 | $1.22B |
| 2025-07-31 | $1.21B |
| 2025-04-30 | $1.15B |
| 2025-01-31 | $1.24B |
| 2024-10-31 | $1.24B |
| 2024-07-31 | $1.26B |
| 2024-04-30 | $1.20B |
| 2024-01-31 | $1.22B |
| 2023-10-31 | $1.11B |
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.