MGRLX Performance — Global Real Estate Portfolio, Class L
Data updated: 2024-11-27
MGRLX returned +30.28% over one year to Sep 2024. Annualised returns are +0.55% over 3 years and +0.10% 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 $102, against $105 for the category, and to $130 over one year, against $129. Volatility over the past three years was 19.30% a year. In the 12 months to Sep 2024 the fund lost a net $1.1M, and assets reached $42.43M.
MGRLX 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 | MGRLX | Category average |
|---|---|---|
| 1 year (Oct 2023 – Sep 2024) | $130 | $129 |
| 3 years (Oct 2021 – Sep 2024) | $102 | $105 |
| 5 years (Oct 2019 – Sep 2024) | $100 | $121 |
| Since data start (Jul 2019 – Sep 2024) | $102 | $125 |
MGRLX Trailing Returns
Total returns to Sep 2024, from SEC N-PORT.
| Period | Total return |
|---|---|
| 1 year | +30.28% |
| 3 years (annualised) | +0.55% |
| 5 years (annualised) | +0.10% |
MGRLX 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) | +14.01% |
| 2023 | +11.74% |
| 2022 | −26.76% |
| 2021 | +22.92% |
| 2020 | −15.15% |
| 2019 (Jul–Dec) | +4.79% |
MGRLX 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% | +1.0% | +3.5% | −5.9% | +4.9% | +0.2% | +5.3% | +5.9% | +2.9% | — | — | — |
| 2023 | +8.4% | −3.2% | −2.1% | +2.4% | −4.5% | +3.0% | +3.1% | −2.8% | −5.7% | −3.8% | +9.8% | +8.2% |
| 2022 | −5.0% | −2.6% | +4.1% | −5.4% | −5.5% | −8.8% | +7.0% | −6.5% | −12.5% | +2.6% | +7.2% | −3.0% |
| 2021 | −1.0% | +3.6% | +2.4% | +6.8% | +2.1% | +0.9% | +2.9% | +0.6% | −5.5% | +4.9% | −2.8% | +6.9% |
| 2020 | −1.7% | −8.3% | −25.5% | +8.7% | −2.7% | +2.9% | +0.3% | +2.9% | −3.5% | −4.2% | +18.4% | +2.9% |
| 2019 | — | — | — | — | — | — | −1.1% | −0.7% | +3.3% | +1.8% | −0.6% | +2.0% |
MGRLX Risk
Risk measures from monthly returns over Oct 2021 – Sep 2024.
- 3-year volatility (annualised): 19.30%
- 3-year Sharpe ratio: -0.20 (vs 4.5% risk-free rate)
- Best month: +9.76% (Nov 2023)
- Worst month: −12.50% (Sep 2022)
MGRLX Fund Flows
Monthly money in and out of Global Real Estate Portfolio, from SEC Form N-PORT.
- 12-month net flow: −$1.1M
- 12-month gross sales (incl. reinvestments): $2.3M
- Sales ÷ redemptions: 0.67×
| Month | Sales | Redemptions | Net flow |
|---|---|---|---|
| Sep 2024 | $9K | $143K | −$134K |
| Aug 2024 | $4K | $453K | −$448K |
| Jul 2024 | $4K | $217K | −$213K |
| Jun 2024 | $10K | $370K | −$360K |
| May 2024 | $25K | $116K | −$91K |
| Apr 2024 | $9K | $241K | −$232K |
| Mar 2024 | $65K | $249K | −$184K |
| Feb 2024 | $20K | $230K | −$211K |
| Jan 2024 | $59K | $464K | −$406K |
| Dec 2023 | $2.0M | $267K | $1.7M |
| Nov 2023 | $21K | $267K | −$246K |
| Oct 2023 | $53K | $400K | −$347K |
MGRLX 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 | $42.43M |
| 2024-06-30 | $37.61M |
| 2024-03-31 | $38.69M |
| 2023-12-31 | $39.28M |
| 2023-09-30 | $35.10M |
| 2023-06-30 | $37.79M |
| 2023-03-31 | $38.43M |
| 2022-12-31 | $38.72M |
| 2022-09-30 | $41.48M |
| 2022-06-30 | $51.70M |
| 2022-03-31 | $65.99M |
| 2021-12-31 | $87.33M |
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.