GEMZX Performance — Emerging Markets Equity Fund, Investor Class
Data updated: 2026-08-27
GEMZX returned +28.96% year to date and +50.04% over one year to Jun 2026. Annualised returns are +24.60% over 3 years and +7.90% over 5 years. The fund beat its Emerging Markets Equity category average: $100 invested three years ago grew to $193, against $179 for the category, and to $150 over one year, against $141. Volatility over the past three years was 16.81% a year. In the 12 months to Jun 2026 the fund took in a net $63.2M, and assets reached $1.30B.
GEMZX Growth of $100
What $100 invested in Emerging Markets Equity Fund grew to, compounded from monthly returns reported on SEC Form N-PORT, against the Emerging Markets Equity category average over the same months.
| Period | GEMZX | Category average |
|---|---|---|
| 1 year (Jul 2025 – Jun 2026) | $150 | $141 |
| 3 years (Jul 2023 – Jun 2026) | $193 | $179 |
| 5 years (Jul 2021 – Jun 2026) | $146 | $144 |
| Since data start (Jul 2019 – Jun 2026) | $208 | $195 |
GEMZX Trailing Returns
Total returns to Jun 2026, from SEC N-PORT.
| Period | Total return |
|---|---|
| YTD | +28.96% |
| 1 year | +50.04% |
| 3 years (annualised) | +24.60% |
| 5 years (annualised) | +7.90% |
GEMZX Annual Returns
Calendar-year total returns of Emerging Markets Equity Fund, compounded from monthly SEC N-PORT returns. Partial years show the months covered.
| Year | Total return |
|---|---|
| 2026 (Jan–Jun) | +28.96% |
| 2025 | +34.54% |
| 2024 | +7.99% |
| 2023 | +10.67% |
| 2022 | −21.61% |
| 2021 | −2.13% |
| 2020 | +21.60% |
| 2019 (Jul–Dec) | +7.55% |
GEMZX 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 | +9.0% | +6.1% | −10.9% | +14.0% | +9.0% | +0.7% | — | — | — | — | — | — |
| 2025 | +2.0% | +0.4% | +0.6% | +0.1% | +4.8% | +6.9% | +0.5% | +2.5% | +7.1% | +4.3% | −2.0% | +3.2% |
| 2024 | −3.7% | +5.6% | +2.5% | 0.0% | +2.5% | +3.5% | −0.2% | +0.2% | +5.3% | −3.7% | −2.6% | −1.1% |
| 2023 | +9.0% | −6.7% | +2.6% | −0.6% | −1.8% | +5.2% | +5.4% | −6.5% | −2.8% | −3.5% | +7.4% | +3.9% |
| 2022 | −1.1% | −5.0% | −2.7% | −6.3% | +1.0% | −6.7% | −0.9% | −0.7% | −10.7% | −2.4% | +15.3% | −1.8% |
| 2021 | +3.5% | +1.4% | −1.6% | +2.8% | +1.6% | +0.8% | −5.9% | +1.8% | −4.9% | +0.4% | −4.3% | +2.9% |
| 2020 | −4.4% | −4.0% | −16.9% | +9.4% | +2.2% | +8.2% | +9.0% | +1.7% | −0.5% | +1.6% | +8.6% | +8.2% |
| 2019 | — | — | — | — | — | — | −1.8% | −4.2% | +2.2% | +4.1% | 0.0% | +7.4% |
GEMZX Risk
Risk measures from monthly returns over Jul 2023 – Jun 2026.
- 3-year volatility (annualised): 16.81%
- 3-year Sharpe ratio: 1.20 (vs 4.5% risk-free rate)
- Best month: +14.02% (Apr 2026)
- Worst month: −10.94% (Mar 2026)
GEMZX Fund Flows
Monthly money in and out of Emerging Markets Equity Fund, from SEC Form N-PORT.
- 12-month net flow: $63.2M
- 12-month gross sales (incl. reinvestments): $378.7M
- Sales ÷ redemptions: 1.20×
| Month | Sales | Redemptions | Net flow |
|---|---|---|---|
| Jun 2026 | $18.8M | $24.2M | −$5.3M |
| May 2026 | $67.1M | $36.4M | $30.7M |
| Apr 2026 | $63.0M | $47.4M | $15.6M |
| Mar 2026 | $95.4M | $13.9M | $81.5M |
| Feb 2026 | $24.4M | $46.3M | −$21.9M |
| Jan 2026 | $25.6M | $46.9M | −$21.3M |
| Dec 2025 | $49.6M | $12.0M | $37.5M |
| Nov 2025 | $9.4M | $8.1M | $1.2M |
| Oct 2025 | $7.8M | $18.3M | −$10.5M |
| Sep 2025 | $5.9M | $21.3M | −$15.5M |
| Aug 2025 | $6.3M | $24.3M | −$18.1M |
| Jul 2025 | $5.6M | $16.3M | −$10.8M |
GEMZX Assets Under Management
Net assets of Emerging Markets Equity Fund by report date, from SEC N-PORT filings.
| Report date | Net assets |
|---|---|
| 2026-06-30 | $1.30B |
| 2026-03-31 | $998.27M |
| 2025-12-31 | $932.10M |
| 2025-09-30 | $889.55M |
| 2025-06-30 | $849.29M |
| 2025-03-31 | $766.05M |
| 2024-12-31 | $749.83M |
| 2024-09-30 | $795.75M |
| 2024-06-28 | $722.11M |
| 2024-03-28 | $826.16M |
| 2023-12-29 | $794.43M |
| 2023-09-29 | $723.66M |
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.