CIUEX Performance — Six Circles International Unconstrained Equity Fund
Data updated: 2026-08-27
CIUEX returned +9.45% year to date and +19.88% over one year to Jun 2026. Annualised returns are +16.25% over 3 years and +9.79% over 5 years. The fund trailed its International Multi-Cap Blend category average: $100 invested three years ago grew to $157, against $162 for the category, and to $120 over one year, against $122. Volatility over the past three years was 13.41% a year. In the 12 months to Jun 2026 the fund took in a net $1.6B, and assets reached $21.68B.
CIUEX Growth of $100
What $100 invested in Six Circles International Unconstrained Equity Fund grew to, compounded from monthly returns reported on SEC Form N-PORT, against the International Multi-Cap Blend category average over the same months.
| Period | CIUEX | Category average |
|---|---|---|
| 1 year (Jul 2025 – Jun 2026) | $120 | $122 |
| 3 years (Jul 2023 – Jun 2026) | $157 | $162 |
| 5 years (Jul 2021 – Jun 2026) | $160 | $154 |
| Since data start (Jul 2019 – Jun 2026) | $194 | $200 |
CIUEX Trailing Returns
Total returns to Jun 2026, from SEC N-PORT.
| Period | Total return |
|---|---|
| YTD | +9.45% |
| 1 year | +19.88% |
| 3 years (annualised) | +16.25% |
| 5 years (annualised) | +9.79% |
CIUEX Annual Returns
Calendar-year total returns of Six Circles International Unconstrained Equity Fund, compounded from monthly SEC N-PORT returns. Partial years show the months covered.
| Year | Total return |
|---|---|
| 2026 (Jan–Jun) | +9.45% |
| 2025 | +34.19% |
| 2024 | +2.29% |
| 2023 | +18.97% |
| 2022 | −13.59% |
| 2021 | +14.04% |
| 2020 | +6.15% |
| 2019 (Jul–Dec) | +3.56% |
CIUEX 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 | +5.4% | +4.0% | −8.5% | +5.9% | +2.3% | +0.7% | — | — | — | — | — | — |
| 2025 | +5.8% | +4.3% | −0.6% | +4.2% | +4.8% | +2.2% | −3.0% | +4.0% | +2.5% | +0.6% | +1.3% | +3.9% |
| 2024 | +0.4% | +3.0% | +4.0% | −2.9% | +5.9% | −1.8% | +1.4% | +3.4% | −0.5% | −5.9% | −1.8% | −2.3% |
| 2023 | +9.6% | −1.8% | +2.1% | +3.8% | −4.5% | +4.4% | +2.1% | −3.9% | −4.6% | −2.4% | +9.2% | +4.9% |
| 2022 | −3.2% | −3.9% | −0.4% | −5.5% | +2.2% | −9.9% | +5.1% | −7.0% | −9.6% | +8.3% | +14.6% | −2.3% |
| 2021 | −1.5% | +1.4% | +4.0% | +3.3% | +4.4% | −1.4% | +1.1% | +1.9% | −5.7% | +5.4% | −4.9% | +6.1% |
| 2020 | −2.0% | −8.6% | −16.9% | +5.2% | +4.7% | +4.3% | +5.6% | +2.4% | −1.1% | −5.2% | +15.5% | +6.1% |
| 2019 | — | — | — | — | — | — | −2.3% | −1.5% | +1.3% | +1.6% | +0.9% | +3.7% |
CIUEX Risk
Risk measures from monthly returns over Jul 2023 – Jun 2026.
- 3-year volatility (annualised): 13.41%
- 3-year Sharpe ratio: 0.88 (vs 4.5% risk-free rate)
- Best month: +9.21% (Nov 2023)
- Worst month: −8.49% (Mar 2026)
CIUEX Fund Flows
Monthly money in and out of Six Circles International Unconstrained Equity Fund, from SEC Form N-PORT.
- 12-month net flow: $1.6B
- 12-month gross sales (incl. reinvestments): $3.9B
- Sales ÷ redemptions: 1.66×
| Month | Sales | Redemptions | Net flow |
|---|---|---|---|
| Jun 2026 | $281.7M | $148.8M | $133.0M |
| May 2026 | $339.4M | $388.8M | −$49.4M |
| Apr 2026 | $231.7M | $230.7M | $1.0M |
| Mar 2026 | $257.5M | $172.0M | $85.6M |
| Feb 2026 | $240.1M | $171.8M | $68.4M |
| Jan 2026 | $251.2M | $244.5M | $6.7M |
| Dec 2025 | $922.2M | $476.1M | $446.1M |
| Nov 2025 | $288.7M | $88.9M | $199.8M |
| Oct 2025 | $429.6M | $120.7M | $309.0M |
| Sep 2025 | $233.8M | $92.3M | $141.4M |
| Aug 2025 | $209.8M | $84.8M | $125.0M |
| Jul 2025 | $216.8M | $124.8M | $92.0M |
CIUEX Assets Under Management
Net assets of Six Circles International Unconstrained Equity Fund by report date, from SEC N-PORT filings.
| Report date | Net assets |
|---|---|
| 2026-06-30 | $21.68B |
| 2026-03-31 | $19.78B |
| 2025-12-31 | $19.56B |
| 2025-09-30 | $18.13B |
| 2025-06-30 | $17.17B |
| 2025-03-31 | $16.69B |
| 2024-12-31 | $14.94B |
| 2024-09-30 | $16.04B |
| 2024-06-30 | $15.09B |
| 2024-03-31 | $15.00B |
| 2023-12-31 | $13.76B |
| 2023-09-30 | $12.45B |
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.