FMGIX Performance — MFG Core Infrastructure Fund, Institutional Class
Data updated: 2026-09-09
FMGIX returned +9.28% year to date and +14.42% over one year to Jun 2026. Annualised returns are +12.72% over 3 years and +8.03% over 5 years. The fund trailed its Global Mid-Cap Blend category average: $100 invested three years ago grew to $143, against $147 for the category, and to $114 over one year, against $118. Volatility over the past three years was 13.28% a year. In the 12 months to Jun 2026 the fund took in a net $80.2M, and assets reached $149.00M.
FMGIX Growth of $100
What $100 invested in MFG Core Infrastructure 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 | FMGIX | Category average |
|---|---|---|
| 1 year (Jul 2025 – Jun 2026) | $114 | $118 |
| 3 years (Jul 2023 – Jun 2026) | $143 | $147 |
| 5 years (Jul 2021 – Jun 2026) | $147 | $150 |
| Since data start (Jul 2019 – Jun 2026) | $166 | $193 |
FMGIX Trailing Returns
Total returns to Jun 2026, from SEC N-PORT.
| Period | Total return |
|---|---|
| YTD | +9.28% |
| 1 year | +14.42% |
| 3 years (annualised) | +12.72% |
| 5 years (annualised) | +8.03% |
FMGIX Annual Returns
Calendar-year total returns of MFG Core Infrastructure Fund, compounded from monthly SEC N-PORT returns. Partial years show the months covered.
| Year | Total return |
|---|---|
| 2026 (Jan–Jun) | +9.28% |
| 2025 | +22.91% |
| 2024 | +5.21% |
| 2023 | +4.86% |
| 2022 | −7.66% |
| 2021 | +13.82% |
| 2020 | −1.40% |
| 2019 (Jul–Dec) | +8.18% |
FMGIX 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 | +3.9% | +8.5% | −4.3% | +2.7% | −2.0% | +0.8% | — | — | — | — | — | — |
| 2025 | +1.3% | +3.5% | +3.7% | +6.1% | +0.8% | +0.9% | −0.1% | +1.9% | +1.4% | −0.4% | +3.2% | −1.4% |
| 2024 | −2.9% | −0.8% | +3.0% | −2.6% | +5.2% | −3.8% | +7.0% | +4.3% | +3.3% | −3.4% | +2.0% | −5.3% |
| 2023 | +5.5% | −4.4% | +3.7% | +3.3% | −5.4% | +1.2% | +0.7% | −5.2% | −5.6% | −1.1% | +9.7% | +3.7% |
| 2022 | −2.4% | −0.6% | +6.5% | −3.1% | +2.8% | −6.6% | +4.2% | −3.9% | −13.2% | +4.7% | +8.4% | −2.5% |
| 2021 | −2.8% | −2.0% | +7.2% | +4.5% | +1.0% | −1.7% | +3.1% | +1.2% | −4.2% | +3.1% | −3.2% | +7.7% |
| 2020 | +3.4% | −8.2% | −12.4% | +5.6% | +3.9% | −1.0% | +3.9% | −0.1% | −1.3% | −0.7% | +7.0% | +0.4% |
| 2019 | — | — | — | — | — | — | −1.5% | +3.0% | +1.9% | +1.8% | −1.3% | +4.2% |
FMGIX Risk
Risk measures from monthly returns over Jul 2023 – Jun 2026.
- 3-year volatility (annualised): 13.28%
- 3-year Sharpe ratio: 0.62 (vs 4.5% risk-free rate)
- Best month: +9.66% (Nov 2023)
- Worst month: −5.61% (Sep 2023)
FMGIX Fund Flows
Monthly money in and out of MFG Core Infrastructure Fund, from SEC Form N-PORT.
- 12-month net flow: $80.2M
- 12-month gross sales (incl. reinvestments): $102.8M
- Sales ÷ redemptions: 4.56×
| Month | Sales | Redemptions | Net flow |
|---|---|---|---|
| Jun 2026 | $2.0M | $176K | $1.9M |
| May 2026 | $22K | $882K | −$860K |
| Apr 2026 | $35K | $6.4M | −$6.4M |
| Mar 2026 | $738K | $593K | $144K |
| Feb 2026 | $198K | $4.5M | −$4.3M |
| Jan 2026 | $284K | $556K | −$272K |
| Dec 2025 | $34.7M | $2.2M | $32.5M |
| Nov 2025 | $224K | $142K | $82K |
| Oct 2025 | $758K | $933K | −$175K |
| Sep 2025 | $44.3M | $714K | $43.6M |
| Aug 2025 | $19.3M | $3.6M | $15.8M |
| Jul 2025 | $93K | $1.9M | −$1.8M |
FMGIX Assets Under Management
Net assets of MFG Core Infrastructure Fund by report date, from SEC N-PORT filings.
| Report date | Net assets |
|---|---|
| 2026-06-30 | $149.00M |
| 2026-03-31 | $153.80M |
| 2025-12-31 | $147.74M |
| 2025-09-30 | $148.71M |
| 2025-06-30 | $87.06M |
| 2025-03-31 | $115.21M |
| 2024-12-31 | $147.89M |
| 2024-09-30 | $447.08M |
| 2024-06-30 | $411.37M |
| 2024-03-31 | $457.10M |
| 2023-12-31 | $457.29M |
| 2023-09-30 | $430.94M |
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.