MBIIX Performance — Global Franchise Portfolio, Class II
Data updated: 2023-08-25
MBIIX returned +13.00% over one year to Jun 2023. The annualised 3-year return is +7.95%. Against its Global Growth category average the fund came out ahead over three years but behind over one: $100 invested three years ago grew to $126, against $120 for the category, and to $113 over one year, against $114. Volatility over the past three years was 16.64% a year. In the 12 months to Jun 2023 the fund lost a net $321K, and assets reached $29.11M.
MBIIX Growth of $100
What $100 invested in Global Franchise Portfolio grew to, compounded from monthly returns reported on SEC Form N-PORT, against the Global Growth category average over the same months.
| Period | MBIIX | Category average |
|---|---|---|
| 1 year (Jul 2022 – Jun 2023) | $113 | $114 |
| 3 years (Jul 2020 – Jun 2023) | $126 | $120 |
| Since data start (Jul 2019 – Jun 2023) | $136 | $134 |
MBIIX Trailing Returns
Total returns to Jun 2023, from SEC N-PORT.
| Period | Total return |
|---|---|
| 1 year | +13.00% |
| 3 years (annualised) | +7.95% |
MBIIX Annual Returns
Calendar-year total returns of Global Franchise Portfolio, compounded from monthly SEC N-PORT returns. Partial years show the months covered.
| Year | Total return |
|---|---|
| 2023 (Jan–Jun) | +11.49% |
| 2022 | −17.55% |
| 2021 | +21.67% |
| 2020 | +13.21% |
| 2019 (Jul–Dec) | +7.03% |
MBIIX 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 | +4.5% | −3.8% | +5.7% | +3.2% | −3.5% | +5.5% | — | — | — | — | — | — |
| 2022 | −6.1% | −3.4% | +0.1% | −4.7% | +0.2% | −6.2% | +6.6% | −5.5% | −9.3% | +5.3% | +8.7% | −3.1% |
| 2021 | −2.6% | −0.3% | +4.3% | +5.3% | +0.7% | +2.2% | +2.9% | +0.9% | −4.0% | +6.1% | −2.7% | +7.8% |
| 2020 | +1.6% | −7.4% | −7.7% | +9.3% | +4.0% | +1.9% | +5.3% | +3.7% | −2.5% | −4.9% | +7.0% | +3.7% |
| 2019 | — | — | — | — | — | — | +0.2% | +0.4% | −0.6% | +0.8% | +3.0% | +3.1% |
MBIIX Risk
Risk measures from monthly returns over Jul 2020 – Jun 2023.
- 3-year volatility (annualised): 16.64%
- 3-year Sharpe ratio: 0.21 (vs 4.5% risk-free rate)
- Best month: +8.73% (Nov 2022)
- Worst month: −9.34% (Sep 2022)
MBIIX Fund Flows
Monthly money in and out of Global Franchise Portfolio, from SEC Form N-PORT.
- 12-month net flow: −$321K
- 12-month gross sales (incl. reinvestments): $4.8M
- Sales ÷ redemptions: 0.94×
| Month | Sales | Redemptions | Net flow |
|---|---|---|---|
| Jun 2023 | $113K | $449K | −$336K |
| May 2023 | $197K | $313K | −$116K |
| Apr 2023 | $30K | $291K | −$261K |
| Mar 2023 | $169K | $644K | −$475K |
| Feb 2023 | $81K | $241K | −$159K |
| Jan 2023 | $113K | $422K | −$309K |
| Dec 2022 | $141K | $802K | −$661K |
| Nov 2022 | $125K | $548K | −$423K |
| Oct 2022 | $145K | $542K | −$397K |
| Sep 2022 | $61K | $389K | −$328K |
| Aug 2022 | $232K | $262K | −$30K |
| Jul 2022 | $3.4M | $191K | $3.2M |
MBIIX Assets Under Management
Net assets of Global Franchise Portfolio by report date, from SEC N-PORT filings.
| Report date | Net assets |
|---|---|
| 2023-06-30 | $29.11M |
| 2023-03-31 | $28.42M |
| 2022-12-31 | $27.68M |
| 2022-09-30 | $26.34M |
| 2022-06-30 | $29.26M |
| 2022-03-31 | $33.49M |
| 2021-12-31 | $38.14M |
| 2021-09-30 | $35.31M |
| 2021-06-30 | $36.62M |
| 2021-03-31 | $34.40M |
| 2020-12-31 | $34.20M |
| 2020-09-30 | $33.36M |
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.