MML Asset Momentum Fund
Data updated: 2022-11-29
C000155845 — MML Asset Momentum Fund. Emerging Markets Real Estate · $37.87M AUM · 0.71% expense ratio. Holdings, fees, performance and SEC filings.
C000155845 Fund Overview
MML Asset Momentum Fund is a US mutual fund managed by MML Series Investment Fund II, categorised as Emerging Markets Real Estate. ABC INVEST provides holdings, performance, costs, cashflows, risk data, prospectus documents and SEC filings, sourced from SEC filings.
- Type: US mutual fund
- Manager: MML Series Investment Fund II
- Category: Emerging Markets Real Estate
- Assets under management: $37.87M
- 1-year return: -16.0%
- SEC CIK: 0001317146
- SEC series ID: S000049312
- Share class ID: C000155845
C000155845 Investment Objective and Strategy
MML Asset Momentum Fund describes its objective and strategy as follows, from its latest prospectus filed with the SEC by MML Series Investment Fund II.
Investment objective
This Fund seeks growth of capital over the long-term.
Principal investment strategy
The Fund seeks to achieve its investment objective by investing in asset classes the Funds subadviser, Barings LLC (Barings), considers to exhibit bull market characteristics. These bull market characteristics may include, for example, upward trending prices and relatively low volatility. Barings employs fundamental research and analysis of asset classes, industry sectors, countries, and currencies. In addition to seeking asset classes exhibiting bull market characteristics, Barings models the expected returns of asset classes, favoring asset classes with higher expected returns. Barings may sell an investment for the Fund if, for example, in its judgment, the investment is no longer exhibiting bull market characteristics or has achieved a full valuation. The Fund may invest in securities of issuers anywhere in the world, including emerging market countries.
The Fund expects that it will allocate its investments among the following asset classes. Asset Class Equity Investments Developed Market Equity Emerging Market Equity Debt Investments Developed Market Government Bonds Emerging Market Government Bonds Investment Grade Corporate Credit Non-Investment Grade (?Junk? or ?High Yield?) Corporate Credit Property Investments Developed Market Emerging Market Alternative Investments Commodities (such as precious metals, agriculture, energy, livestock, or industrial metals) Gold Currency Developed Market Emerging Market Cash on deposit, excluding short term instruments Although Barings expects that a number of these asset classes will be represented in the Funds portfolio at any particular time, there is no minimum or maximum amount of the Funds assets that may be invested in any asset class, and at any time the Fund may have all or none of its assets invested in any specific asset class.
The Fund expects that it will typically invest in equity, debt, real estate investment trusts (REITs), and alternative investments either directly or through the purchase of exchange-traded funds (ETFs) and derivatives, including forward or futures contracts, options, and swaps. The Fund expects to invest in currencies through forward and futures contracts, options, and swaps. The Fund may use any of those types of derivatives for hedging purposes, to adjust portfolio characteristics (including the duration of the Funds portfolio of debt investments), or as a substitute for direct investments. Use of derivatives by the Fund may create investment leverage. The Fund may invest in debt securities of any maturity or duration and may invest in equity securities of companies of any market capitalization.
Although Barings does not intend to use derivatives aggressively in the management of the Fund, the Fund has the ability to use derivatives in a manner intended to give rise to investment leverage to a more significant extent. For example, at a time when the Fund has obtained a long equity or other exposure using derivatives transactions rather than investing the Funds cash, Barings may invest that cash in debt securities to earn additional income in order to finance the derivatives transactions or otherwise to enhance the Funds total return. In such a case, it is possible that the Fund might lose money on both the derivatives transactions and on those investments in debt securities. Barings might also enter into derivatives transactions to achieve an overall investment exposure for the Fund in an amount greater than the Funds net asset value, at a time when it believes that such exposures, or the combination of those exposures, provides a potential return justifying any additional risk.
These transactions will likely create investment leverage. Leverage typically has the effect of increasing the volatility of a funds portfolio, and of increasing the gains and losses of a fund. The Fund may at times have significant exposure to one or more industries or sectors. The Fund may hold a portion of its assets in cash or cash equivalents. The Fund is non-diversified, which means that it may hold larger positions in a smaller number of issuers than a diversified fund. The Fund expects that it will engage in active and frequent trading and so will typically have a relatively high portfolio turnover rate.
C000155845 Performance
Total returns for C000155845 (as of 2026-10-01), from SEC filings.
| Period | Total return |
|---|---|
| 1 year | -16.0% |
| 3 years (annualised) | 8.7% |
C000155845 Risk Information
Risk metrics for C000155845, derived from monthly returns in SEC filings.
- 1-year volatility (annualised): 19.7%
C000155845 Costs and Fees
C000155845 costs about $71 per $10,000 invested per year in fund expenses.
- Net expense ratio: 0.71%
- Gross expense ratio: 0.96%
- Portfolio turnover: 126%
- Brokerage commissions: 0.96 bps of average net assets (SEC N-CEN)
C000155845 Cashflows
Over the 12 months to 2022-09, MML Asset Momentum Fund had net inflows of $7.57M, from monthly SEC N-PORT filings.
| Month | Net flow |
|---|---|
| 2022-09 | −$61.74K |
| 2022-08 | −$43.41K |
| 2022-07 | −$132.35K |
| 2022-06 | −$53.67K |
| 2022-05 | −$69.52K |
| 2022-04 | −$40.75K |
C000155845 Debt Constituents
No individual debt constituents are reported in MML Asset Momentum Fund's latest SEC N-PORT filing.
C000155845 Prospectus and SEC Filings
Official MML Asset Momentum Fund filings on SEC EDGAR — prospectus, portfolio holdings and annual reports.
- Prospectus (485BPOS) — filed 2022-04-29
- Prospectus (485BPOS) — filed 2021-04-30
- Prospectus supplement (497) — filed 2020-10-08
- Portfolio holdings (N-PORT) — filed 2022-11-29
- Portfolio holdings (N-PORT) — filed 2022-08-26
- Portfolio holdings (N-PORT) — filed 2022-05-27
- Annual census (N-CEN) — filed 2022-03-16
- Annual census (N-CEN) — filed 2021-03-10
Related Funds
Other Emerging Markets Real Estate funds tracked on ABC INVEST:
Data Sources
ABC INVEST compiles this page from public filings made to the U.S. Securities and Exchange Commission (SEC) through EDGAR: portfolio holdings and monthly cashflows from Form N-PORT, expenses and returns from fund prospectuses (Form 485BPOS) and the SEC DERA Risk/Return Summary data sets, annual data from Form N-CEN, and shareholder reports from Form N-CSR.