C000022023 Performance — SA JPMorgan Emerging Markets Portfolio, Class 3
Data updated: 2026-09-28
C000022023 returned +23.82% year to date and +40.90% over one year to Jul 2026. Annualised returns are +21.65% over 3 years and +7.90% over 5 years. The fund beat its Emerging Markets Equity category average: $100 invested three years ago grew to $180, against $164 for the category, and to $141 over one year, against $134. Volatility over the past three years was 16.66% a year. In the 12 months to Jul 2026 the fund lost a net $46.7M, and assets reached $219.91M.
C000022023 Growth of $100
What $100 invested in SA JPMorgan Emerging Markets Portfolio grew to, compounded from monthly returns reported on SEC Form N-PORT, against the Emerging Markets Equity category average over the same months.
| Period | C000022023 | Category average |
|---|---|---|
| 1 year (Aug 2025 – Jul 2026) | $141 | $134 |
| 3 years (Aug 2023 – Jul 2026) | $180 | $164 |
| 5 years (Aug 2021 – Jul 2026) | $146 | $143 |
| Since data start (Aug 2019 – Jul 2026) | $196 | $188 |
C000022023 Trailing Returns
Total returns to Jul 2026, from SEC N-PORT.
| Period | Total return |
|---|---|
| YTD | +23.82% |
| 1 year | +40.90% |
| 3 years (annualised) | +21.65% |
| 5 years (annualised) | +7.90% |
C000022023 Annual Returns
Calendar-year total returns of SA JPMorgan Emerging Markets Portfolio, compounded from monthly SEC N-PORT returns. Partial years show the months covered.
| Year | Total return |
|---|---|
| 2026 (Jan–Jul) | +23.82% |
| 2025 | +36.00% |
| 2024 | +10.22% |
| 2023 | +10.15% |
| 2022 | −25.66% |
| 2021 | +0.89% |
| 2020 | +16.09% |
| 2019 (Aug–Dec) | +9.83% |
C000022023 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 | +11.7% | +5.8% | −11.8% | +12.5% | +8.4% | −0.4% | −2.2% | — | — | — | — | — |
| 2025 | +3.2% | +1.1% | +0.5% | +0.6% | +4.9% | +6.6% | +1.3% | +2.0% | +5.1% | +4.6% | −1.6% | +3.1% |
| 2024 | −3.3% | +6.0% | +2.4% | +0.8% | +1.6% | +4.2% | −0.5% | +0.7% | +5.0% | −4.3% | −2.0% | −0.3% |
| 2023 | +9.0% | −6.6% | +3.0% | −0.4% | −2.4% | +5.4% | +5.6% | −6.8% | −2.2% | −3.4% | +6.2% | +3.7% |
| 2022 | −0.9% | −6.7% | −2.0% | −6.9% | +2.4% | −8.6% | −0.8% | −1.9% | −11.7% | −1.1% | +15.1% | −3.8% |
| 2021 | +3.7% | +3.6% | −0.6% | +2.8% | +0.2% | +1.1% | −5.8% | +2.6% | −6.0% | +1.7% | −5.3% | +3.6% |
| 2020 | −5.8% | −4.3% | −15.8% | +7.6% | +2.3% | +5.8% | +9.9% | +1.2% | −0.5% | +2.8% | +8.5% | +6.4% |
| 2019 | — | — | — | — | — | — | — | −5.2% | +3.2% | +3.7% | +0.5% | +7.6% |
C000022023 Risk
Risk measures from monthly returns over Aug 2023 – Jul 2026.
- 3-year volatility (annualised): 16.66%
- 3-year Sharpe ratio: 1.03 (vs 4.5% risk-free rate)
- Best month: +12.49% (Apr 2026)
- Worst month: −11.76% (Mar 2026)
C000022023 Fund Flows
Monthly money in and out of SA JPMorgan Emerging Markets Portfolio, from SEC Form N-PORT.
- 12-month net flow: −$46.7M
- 12-month gross sales (incl. reinvestments): $14.8M
- Sales ÷ redemptions: 0.24×
| Month | Sales | Redemptions | Net flow |
|---|---|---|---|
| Jul 2026 | $795K | $13.2M | −$12.4M |
| Jun 2026 | $1.1M | $5.6M | −$4.5M |
| May 2026 | $241K | $3.2M | −$2.9M |
| Apr 2026 | $995K | $7.1M | −$6.1M |
| Mar 2026 | $681K | $3.3M | −$2.6M |
| Feb 2026 | $1.2M | $2.9M | −$1.7M |
| Jan 2026 | $1.3M | $7.8M | −$6.5M |
| Dec 2025 | $1.9M | $3.8M | −$1.9M |
| Nov 2025 | $5.1M | $3.0M | $2.0M |
| Oct 2025 | $764K | $5.9M | −$5.1M |
| Sep 2025 | $564K | $3.1M | −$2.6M |
| Aug 2025 | $166K | $2.5M | −$2.4M |
C000022023 Assets Under Management
Net assets of SA JPMorgan Emerging Markets Portfolio by report date, from SEC N-PORT filings.
| Report date | Net assets |
|---|---|
| 2026-07-31 | $219.91M |
| 2026-04-30 | $226.94M |
| 2026-01-31 | $226.84M |
| 2025-10-31 | $210.87M |
| 2025-07-31 | $197.58M |
| 2025-04-30 | $183.90M |
| 2025-01-31 | $185.35M |
| 2024-10-31 | $187.08M |
| 2024-07-31 | $191.87M |
| 2024-04-30 | $194.04M |
| 2024-01-31 | $182.98M |
| 2023-10-31 | $174.97M |
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.