MFQAX Performance — AMG Veritas Global Focus Fund, Class N
Data updated: 2026-09-25
MFQAX returned +1.01% year to date and +6.20% over one year to Jul 2026. Annualised returns are +7.96% over 3 years and +3.69% over 5 years. The fund trailed its Global Large Blend category average: $100 invested three years ago grew to $126, against $152 for the category, and to $106 over one year, against $118. Volatility over the past three years was 12.21% a year. In the 12 months to Jul 2026 the fund lost a net $4.6M, and assets reached $24.82M.
MFQAX Growth of $100
What $100 invested in AMG Veritas Global Focus Fund grew to, compounded from monthly returns reported on SEC Form N-PORT, against the Global Large Blend category average over the same months.
| Period | MFQAX | Category average |
|---|---|---|
| 1 year (Aug 2025 – Jul 2026) | $106 | $118 |
| 3 years (Aug 2023 – Jul 2026) | $126 | $152 |
| 5 years (Aug 2021 – Jul 2026) | $120 | $148 |
| Since data start (Aug 2019 – Jul 2026) | $166 | $203 |
MFQAX Trailing Returns
Total returns to Jul 2026, from SEC N-PORT.
| Period | Total return |
|---|---|
| YTD | +1.01% |
| 1 year | +6.20% |
| 3 years (annualised) | +7.96% |
| 5 years (annualised) | +3.69% |
MFQAX Annual Returns
Calendar-year total returns of AMG Veritas Global Focus Fund, compounded from monthly SEC N-PORT returns. Partial years show the months covered.
| Year | Total return |
|---|---|
| 2026 (Jan–Jul) | +1.01% |
| 2025 | +8.71% |
| 2024 | +11.90% |
| 2023 | +22.45% |
| 2022 | −21.13% |
| 2021 | +16.95% |
| 2020 | +8.17% |
| 2019 (Aug–Dec) | +10.69% |
MFQAX 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 | −1.6% | −1.0% | −8.7% | +6.2% | +2.6% | −0.7% | +4.9% | — | — | — | — | — |
| 2025 | +5.9% | −2.3% | −1.5% | −0.1% | +2.8% | +2.4% | −3.5% | +3.8% | +0.2% | +1.0% | −0.3% | +0.4% |
| 2024 | +1.4% | +3.2% | +3.3% | −5.0% | +3.6% | −0.4% | +4.4% | +1.9% | +1.9% | −3.0% | +2.4% | −2.0% |
| 2023 | +8.1% | −1.8% | +5.2% | +2.9% | −3.7% | +5.0% | +3.0% | −1.1% | −5.3% | −2.7% | +7.2% | +4.8% |
| 2022 | −4.5% | −1.2% | +1.0% | −8.8% | +1.3% | −6.5% | +5.9% | −5.5% | −10.5% | +5.0% | +6.3% | −4.2% |
| 2021 | −1.5% | +3.7% | +3.8% | +5.8% | −0.3% | +0.7% | +2.8% | +1.4% | −4.4% | +4.2% | −5.0% | +5.3% |
| 2020 | −0.5% | −10.1% | −16.2% | +11.8% | +6.1% | +1.3% | +4.9% | +7.0% | −4.6% | −3.4% | +10.5% | +4.9% |
| 2019 | — | — | — | — | — | — | — | −1.7% | +1.5% | +4.1% | +3.4% | +3.1% |
MFQAX Risk
Risk measures from monthly returns over Aug 2023 – Jul 2026.
- 3-year volatility (annualised): 12.21%
- 3-year Sharpe ratio: 0.28 (vs 4.5% risk-free rate)
- Best month: +7.23% (Nov 2023)
- Worst month: −8.70% (Mar 2026)
MFQAX Fund Flows
Monthly money in and out of AMG Veritas Global Focus Fund, from SEC Form N-PORT.
- 12-month net flow: −$4.6M
- 12-month gross sales (incl. reinvestments): $2.9M
- Sales ÷ redemptions: 0.39×
| Month | Sales | Redemptions | Net flow |
|---|---|---|---|
| Jul 2026 | $2K | $200K | −$198K |
| Jun 2026 | $31K | $123K | −$91K |
| May 2026 | $102K | $522K | −$421K |
| Apr 2026 | $2K | $563K | −$560K |
| Mar 2026 | $130K | $252K | −$121K |
| Feb 2026 | $117K | $3.0M | −$2.9M |
| Jan 2026 | $3K | $307K | −$304K |
| Dec 2025 | $2.5M | $586K | $1.9M |
| Nov 2025 | $4K | $265K | −$262K |
| Oct 2025 | $3K | $362K | −$360K |
| Sep 2025 | $4K | $561K | −$558K |
| Aug 2025 | $3K | $773K | −$770K |
MFQAX Assets Under Management
Net assets of AMG Veritas Global Focus Fund by report date, from SEC N-PORT filings.
| Report date | Net assets |
|---|---|
| 2026-07-31 | $24.82M |
| 2026-04-30 | $23.91M |
| 2026-01-30 | $28.50M |
| 2025-10-31 | $30.40M |
| 2025-07-31 | $30.57M |
| 2025-04-30 | $30.76M |
| 2025-01-31 | $32.77M |
| 2024-10-31 | $32.43M |
| 2024-07-31 | $32.71M |
| 2024-04-30 | $27.83M |
| 2024-01-31 | $30.90M |
| 2023-10-31 | $28.39M |
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.