FEREX Performance — First Eagle Global Real Assets Fund, Class I
Data updated: 2026-09-28
FEREX returned +14.78% year to date and +29.25% over one year to Jul 2026. The annualised 3-year return is +14.59%. The fund beat its Global Mid-Cap Blend category average: $100 invested three years ago grew to $150, against $142 for the category, and to $129 over one year, against $118. Volatility over the past three years was 13.49% a year. In the 12 months to Jul 2026 the fund took in a net $8.6M, and assets reached $27.70M.
FEREX Growth of $100
What $100 invested in First Eagle Global Real Assets Fund grew to, compounded from monthly returns reported on SEC Form N-PORT, against the Global Mid-Cap Blend category average over the same months.
| Period | FEREX | Category average |
|---|---|---|
| 1 year (Aug 2025 – Jul 2026) | $129 | $118 |
| 3 years (Aug 2023 – Jul 2026) | $150 | $142 |
| Since data start (Nov 2021 – Jul 2026) | $162 | $145 |
FEREX Trailing Returns
Total returns to Jul 2026, from SEC N-PORT.
| Period | Total return |
|---|---|
| YTD | +14.78% |
| 1 year | +29.25% |
| 3 years (annualised) | +14.59% |
FEREX Annual Returns
Calendar-year total returns of First Eagle Global Real Assets Fund, compounded from monthly SEC N-PORT returns. Partial years show the months covered.
| Year | Total return |
|---|---|
| 2026 (Jan–Jul) | +14.78% |
| 2025 | +25.89% |
| 2024 | +1.85% |
| 2023 | +9.81% |
| 2022 | −3.82% |
| 2021 (Nov–Dec) | +4.40% |
FEREX 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 | +9.5% | +9.6% | −6.6% | +4.5% | −0.2% | −1.9% | +0.1% | — | — | — | — | — |
| 2025 | +2.7% | +2.1% | −0.4% | +0.2% | +3.8% | +3.0% | 0.0% | +4.5% | +4.8% | −1.5% | +2.7% | +1.7% |
| 2024 | −2.8% | +0.4% | +6.1% | −3.6% | +3.5% | −2.7% | +4.9% | +1.7% | +2.3% | −2.4% | +1.9% | −6.7% |
| 2023 | +7.4% | −4.9% | +1.3% | +1.4% | −6.6% | +4.8% | +4.6% | −2.1% | −3.3% | −2.8% | +5.5% | +5.2% |
| 2022 | −0.4% | +0.9% | +4.5% | −5.2% | +2.0% | −9.5% | +5.2% | −4.4% | −9.0% | +9.2% | +7.5% | −2.6% |
| 2021 | — | — | — | — | — | — | — | — | — | — | 0.0% | +4.4% |
FEREX Risk
Risk measures from monthly returns over Aug 2023 – Jul 2026.
- 3-year volatility (annualised): 13.49%
- 3-year Sharpe ratio: 0.75 (vs 4.5% risk-free rate)
- Best month: +9.60% (Feb 2026)
- Worst month: −6.70% (Dec 2024)
FEREX Fund Flows
Monthly money in and out of First Eagle Global Real Assets Fund, from SEC Form N-PORT.
- 12-month net flow: $8.6M
- 12-month gross sales (incl. reinvestments): $15.7M
- Sales ÷ redemptions: 2.23×
| Month | Sales | Redemptions | Net flow |
|---|---|---|---|
| Jul 2026 | $403K | $282K | $122K |
| Jun 2026 | $130K | $52K | $78K |
| May 2026 | $163K | $57K | $107K |
| Apr 2026 | $1.2M | $1.2M | −$34K |
| Mar 2026 | $5.7M | $5.0M | $696K |
| Feb 2026 | $2.0M | $85K | $1.9M |
| Jan 2026 | $4.7M | $149K | $4.6M |
| Dec 2025 | $607K | $53K | $555K |
| Nov 2025 | $197K | $4K | $194K |
| Oct 2025 | $316K | $107K | $210K |
| Sep 2025 | $257K | $38K | $219K |
| Aug 2025 | $3K | $6K | −$3K |
FEREX Assets Under Management
Net assets of First Eagle Global Real Assets Fund by report date, from SEC N-PORT filings.
| Report date | Net assets |
|---|---|
| 2026-07-31 | $27.70M |
| 2026-04-30 | $27.98M |
| 2026-01-31 | $23.75M |
| 2025-10-31 | $16.60M |
| 2025-07-31 | $15.00M |
| 2025-04-30 | $14.07M |
| 2025-01-31 | $13.96M |
| 2024-10-31 | $14.22M |
| 2024-07-31 | $13.78M |
| 2024-04-30 | $13.21M |
| 2024-01-31 | $12.20M |
| 2023-10-31 | $11.31M |
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.