CMIEX Performance — Multi-Manager International Equity Strategies Fund, Institutional Class
Data updated: 2026-07-29
CMIEX returned +9.38% year to date and +24.33% over one year to May 2026. Annualised returns are +18.43% over 3 years and +8.51% over 5 years. The fund beat its International Large Blend category average: $100 invested three years ago grew to $166, against $161 for the category, and to $124 over one year, against $122. Volatility over the past three years was 13.22% a year. In the 12 months to May 2026 the fund lost a net $180.9M, and assets reached $3.23B.
CMIEX Growth of $100
What $100 invested in Multi-Manager International Equity Strategies Fund grew to, compounded from monthly returns reported on SEC Form N-PORT, against the International Large Blend category average over the same months.
| Period | CMIEX | Category average |
|---|---|---|
| 1 year (Jun 2025 – May 2026) | $124 | $122 |
| 3 years (Jun 2023 – May 2026) | $166 | $161 |
| 5 years (Jun 2021 – May 2026) | $150 | $144 |
| Since data start (Sep 2019 – May 2026) | $219 | $194 |
CMIEX Trailing Returns
Total returns to May 2026, from SEC N-PORT.
| Period | Total return |
|---|---|
| YTD | +9.38% |
| 1 year | +24.33% |
| 3 years (annualised) | +18.43% |
| 5 years (annualised) | +8.51% |
CMIEX Annual Returns
Calendar-year total returns of Multi-Manager International Equity Strategies Fund, compounded from monthly SEC N-PORT returns. Partial years show the months covered.
| Year | Total return |
|---|---|
| 2026 (Jan–May) | +9.38% |
| 2025 | +32.54% |
| 2024 | +4.16% |
| 2023 | +21.39% |
| 2022 | −15.47% |
| 2021 | +6.92% |
| 2020 | +16.18% |
| 2019 (Sep–Dec) | +13.90% |
CMIEX 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 | +4.8% | +3.6% | −9.8% | +6.8% | +4.5% | — | — | — | — | — | — | — |
| 2025 | +4.9% | +3.6% | −0.8% | +3.3% | +4.8% | +3.0% | −1.2% | +3.6% | +2.8% | +0.8% | +0.7% | +3.4% |
| 2024 | −0.9% | +3.0% | +3.0% | −2.7% | +5.3% | −2.1% | +2.8% | +2.8% | +1.1% | −4.9% | −0.5% | −2.4% |
| 2023 | +9.9% | −2.2% | +3.7% | +2.1% | −3.0% | +4.6% | +2.4% | −3.5% | −3.8% | −3.2% | +9.2% | +4.8% |
| 2022 | −2.7% | −4.9% | −1.6% | −6.2% | +2.9% | −9.0% | +3.7% | −5.5% | −9.5% | +6.0% | +14.2% | −1.5% |
| 2021 | −0.6% | +4.1% | +1.6% | +1.7% | +3.0% | −1.5% | −0.6% | +1.7% | −3.7% | +2.1% | −5.8% | +5.2% |
| 2020 | −3.4% | −7.5% | −16.1% | +8.7% | +7.1% | +4.9% | +3.2% | +5.2% | −2.4% | −3.4% | +16.9% | +5.9% |
| 2019 | — | — | — | — | — | — | — | — | +2.9% | +4.2% | +2.3% | +3.9% |
CMIEX Risk
Risk measures from monthly returns over Jun 2023 – May 2026.
- 3-year volatility (annualised): 13.22%
- 3-year Sharpe ratio: 1.05 (vs 4.5% risk-free rate)
- Best month: +9.18% (Nov 2023)
- Worst month: −9.77% (Mar 2026)
CMIEX Fund Flows
Monthly money in and out of Multi-Manager International Equity Strategies Fund, from SEC Form N-PORT.
- 12-month net flow: −$180.9M
- 12-month gross sales (incl. reinvestments): $681.9M
- Sales ÷ redemptions: 0.79×
| Month | Sales | Redemptions | Net flow |
|---|---|---|---|
| May 2026 | $112.6M | $51.3M | $61.2M |
| Apr 2026 | $24.7M | $48.0M | −$23.2M |
| Mar 2026 | $26.5M | $46.5M | −$20.1M |
| Feb 2026 | $26.7M | $322.8M | −$296.2M |
| Jan 2026 | $22.6M | $42.0M | −$19.4M |
| Dec 2025 | $293.4M | $42.9M | $250.6M |
| Nov 2025 | $28.5M | $57.4M | −$28.9M |
| Oct 2025 | $29.8M | $51.1M | −$21.3M |
| Sep 2025 | $28.2M | $44.2M | −$16.0M |
| Aug 2025 | $33.1M | $85.3M | −$52.2M |
| Jul 2025 | $28.5M | $37.4M | −$8.9M |
| Jun 2025 | $27.4M | $33.9M | −$6.6M |
CMIEX Assets Under Management
Net assets of Multi-Manager International Equity Strategies Fund by report date, from SEC N-PORT filings.
| Report date | Net assets |
|---|---|
| 2026-05-31 | $3.23B |
| 2026-02-28 | $3.19B |
| 2025-11-30 | $3.14B |
| 2025-08-31 | $3.08B |
| 2025-05-31 | $2.98B |
| 2025-02-28 | $2.97B |
| 2024-11-30 | $2.60B |
| 2024-08-31 | $2.82B |
| 2024-05-31 | $2.63B |
| 2024-02-29 | $2.36B |
| 2023-11-30 | $2.18B |
| 2023-08-31 | $2.35B |
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.