MGETX Performance — Global Real Estate Portfolio, Class II
Data updated: 2024-11-27
MGETX returned +30.09% over one year to Sep 2024. Annualised returns are +0.40% over 3 years and +0.21% over 5 years. Against its Global Real Estate category average the fund came out behind over three years but ahead over one: $100 invested three years ago grew to $101, against $105 for the category, and to $130 over one year, against $129. Volatility over the past three years was 19.26% a year. In the 12 months to Sep 2024 the fund lost a net $5.2M, and assets reached $35.63M.
MGETX Growth of $100
What $100 invested in Global Real Estate Portfolio grew to, compounded from monthly returns reported on SEC Form N-PORT, against the Global Real Estate category average over the same months.
| Period | MGETX | Category average |
|---|---|---|
| 1 year (Oct 2023 – Sep 2024) | $130 | $129 |
| 3 years (Oct 2021 – Sep 2024) | $101 | $105 |
| 5 years (Oct 2019 – Sep 2024) | $101 | $121 |
| Since data start (Jul 2019 – Sep 2024) | $103 | $125 |
MGETX Trailing Returns
Total returns to Sep 2024, from SEC N-PORT.
| Period | Total return |
|---|---|
| 1 year | +30.09% |
| 3 years (annualised) | +0.40% |
| 5 years (annualised) | +0.21% |
MGETX Annual Returns
Calendar-year total returns of Global Real Estate Portfolio, compounded from monthly SEC N-PORT returns. Partial years show the months covered.
| Year | Total return |
|---|---|
| 2024 (Jan–Sep) | +13.69% |
| 2023 | +10.46% |
| 2022 | −26.18% |
| 2021 | +23.85% |
| 2020 | −14.84% |
| 2019 (Jul–Dec) | +4.98% |
MGETX 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | −3.9% | +0.8% | +3.6% | −5.9% | +4.3% | +0.3% | +5.6% | +5.8% | +2.9% | — | — | — |
| 2023 | +8.3% | −4.6% | −2.1% | +2.3% | −4.4% | +3.0% | +3.1% | −2.6% | −5.6% | −3.6% | +9.6% | +8.3% |
| 2022 | −4.9% | −2.6% | +4.1% | −5.2% | −5.6% | −8.6% | +7.0% | −6.5% | −12.4% | +2.6% | +7.3% | −2.9% |
| 2021 | −0.9% | +3.7% | +2.4% | +6.8% | +2.2% | +1.0% | +2.9% | +0.6% | −5.5% | +5.1% | −2.7% | +6.8% |
| 2020 | −1.6% | −8.2% | −25.4% | +8.4% | −2.4% | +2.6% | +0.5% | +3.0% | −3.5% | −4.0% | +18.0% | +2.9% |
| 2019 | — | — | — | — | — | — | −1.1% | −0.6% | +3.3% | +2.0% | −0.6% | +1.9% |
MGETX Risk
Risk measures from monthly returns over Oct 2021 – Sep 2024.
- 3-year volatility (annualised): 19.26%
- 3-year Sharpe ratio: -0.21 (vs 4.5% risk-free rate)
- Best month: +9.61% (Nov 2023)
- Worst month: −12.38% (Sep 2022)
MGETX Fund Flows
Monthly money in and out of Global Real Estate Portfolio, from SEC Form N-PORT.
- 12-month net flow: −$5.2M
- 12-month gross sales (incl. reinvestments): $2.2M
- Sales ÷ redemptions: 0.30×
| Month | Sales | Redemptions | Net flow |
|---|---|---|---|
| Sep 2024 | $42K | $1.2M | −$1.2M |
| Aug 2024 | $86K | $607K | −$521K |
| Jul 2024 | $749K | $438K | $311K |
| Jun 2024 | $84K | $534K | −$450K |
| May 2024 | $181K | $340K | −$159K |
| Apr 2024 | $243K | $338K | −$96K |
| Mar 2024 | $87K | $488K | −$401K |
| Feb 2024 | $86K | $510K | −$424K |
| Jan 2024 | $206K | $942K | −$736K |
| Dec 2023 | $156K | $1.1M | −$948K |
| Nov 2023 | $172K | $373K | −$201K |
| Oct 2023 | $154K | $536K | −$382K |
MGETX Assets Under Management
Net assets of Global Real Estate Portfolio by report date, from SEC N-PORT filings.
| Report date | Net assets |
|---|---|
| 2024-09-30 | $35.63M |
| 2024-06-30 | $32.86M |
| 2024-03-31 | $34.12M |
| 2023-12-31 | $35.55M |
| 2023-09-30 | $32.53M |
| 2023-06-30 | $35.61M |
| 2023-03-31 | $36.66M |
| 2022-12-31 | $37.25M |
| 2022-09-30 | $35.20M |
| 2022-06-30 | $41.65M |
| 2022-03-31 | $53.81M |
| 2021-12-31 | $58.34M |
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.