MBESX Performance — AMG GW&K Global Allocation Fund, Class I
Data updated: 2024-03-15
MBESX returned +5.49% over one year to Dec 2023. The annualised 3-year return is −4.65%. The fund trailed its Alternative category average: $100 invested three years ago grew to $87, against $106 for the category, and to $105 over one year, against $114. Volatility over the past three years was 13.97% a year. In the 12 months to Dec 2023 the fund took in a net $26.1M, and assets reached $27.28M.
MBESX Growth of $100
What $100 invested in AMG GW&K Global Allocation Fund grew to, compounded from monthly returns reported on SEC Form N-PORT, against the Alternative category average over the same months.
| Period | MBESX | Category average |
|---|---|---|
| 1 year (Jan 2023 – Dec 2023) | $105 | $114 |
| 3 years (Jan 2021 – Dec 2023) | $87 | $106 |
| Since data start (Jul 2019 – Dec 2023) | $109 | $119 |
MBESX Trailing Returns
Total returns to Dec 2023, from SEC N-PORT.
| Period | Total return |
|---|---|
| 1 year | +5.49% |
| 3 years (annualised) | −4.65% |
MBESX Annual Returns
Calendar-year total returns of AMG GW&K Global Allocation Fund, compounded from monthly SEC N-PORT returns. Partial years show the months covered.
| Year | Total return |
|---|---|
| 2023 | +5.49% |
| 2022 | −19.91% |
| 2021 | +2.61% |
| 2020 | +19.08% |
| 2019 (Jul–Dec) | +5.49% |
MBESX 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2023 | +6.0% | −3.8% | +2.8% | +0.3% | −1.8% | +2.9% | +2.9% | −3.5% | −4.3% | −2.5% | +6.4% | +0.7% |
| 2022 | −6.0% | −3.8% | −2.1% | −7.5% | +0.4% | −3.1% | +5.3% | −3.7% | −8.1% | +0.5% | +9.8% | −2.2% |
| 2021 | −1.0% | +2.1% | −1.6% | +3.4% | −0.6% | +1.4% | −0.6% | +1.9% | −4.3% | +4.3% | −4.3% | +2.3% |
| 2020 | 0.0% | −5.5% | −10.3% | +7.3% | +4.8% | +2.5% | +6.1% | +3.3% | −1.1% | +0.4% | +7.8% | +3.9% |
| 2019 | — | — | — | — | — | — | +0.6% | −0.2% | +0.8% | +0.8% | +1.7% | +1.7% |
MBESX Risk
Risk measures from monthly returns over Jan 2021 – Dec 2023.
- 3-year volatility (annualised): 13.97%
- 3-year Sharpe ratio: -0.65 (vs 4.5% risk-free rate)
- Best month: +9.78% (Nov 2022)
- Worst month: −8.09% (Sep 2022)
MBESX Fund Flows
Monthly money in and out of AMG GW&K Global Allocation Fund, from SEC Form N-PORT.
- 12-month net flow: $26.1M
- 12-month gross sales (incl. reinvestments): $8.4M
- Sales ÷ redemptions: -0.47×
| Month | Sales | Redemptions | Net flow |
|---|---|---|---|
| Dec 2023 | $6.5M | −$4.6M | $11.1M |
| Nov 2023 | $82K | −$1.6M | $1.7M |
| Oct 2023 | $145K | −$1.2M | $1.4M |
| Sep 2023 | $73K | −$1.3M | $1.3M |
| Aug 2023 | $111K | −$765K | $875K |
| Jul 2023 | $139K | −$1.5M | $1.6M |
| Jun 2023 | $125K | −$1.4M | $1.5M |
| May 2023 | $123K | −$865K | $989K |
| Apr 2023 | $116K | −$579K | $694K |
| Mar 2023 | $115K | −$1.2M | $1.4M |
| Feb 2023 | $209K | −$1.0M | $1.3M |
| Jan 2023 | $657K | −$1.7M | $2.4M |
MBESX Assets Under Management
Net assets of AMG GW&K Global Allocation Fund by report date, from SEC N-PORT filings.
| Report date | Net assets |
|---|---|
| 2023-12-29 | $27.28M |
| 2023-09-29 | $33.14M |
| 2023-06-30 | $38.02M |
| 2023-03-31 | $39.98M |
| 2022-12-30 | $41.07M |
| 2022-09-30 | $43.18M |
| 2022-06-30 | $60.43M |
| 2022-03-31 | $103.45M |
| 2021-12-31 | $129.90M |
| 2021-09-30 | $142.57M |
| 2021-06-30 | $150.79M |
| 2021-03-31 | $150.86M |
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.