MICGX Performance — Emerging Markets Great Consumer Fund, Class I
Data updated: 2023-07-12
MICGX returned −9.38% over one year to Apr 2023. The annualised 3-year return is −4.27%. The fund trailed its Emerging Markets Equity category average: $100 invested three years ago grew to $88, against $118 for the category, and to $91 over one year, against $97. Volatility over the past three years was 18.34% a year. In the 12 months to Apr 2023 the fund took in a net $805.3M, and assets reached $430.55M.
MICGX Growth of $100
What $100 invested in Emerging Markets Great Consumer Fund grew to, compounded from monthly returns reported on SEC Form N-PORT, against the Emerging Markets Equity category average over the same months.
| Period | MICGX | Category average |
|---|---|---|
| 1 year (May 2022 – Apr 2023) | $91 | $97 |
| 3 years (May 2020 – Apr 2023) | $88 | $118 |
| Since data start (Feb 2020 – Apr 2023) | $83 | $104 |
MICGX Trailing Returns
Total returns to Apr 2023, from SEC N-PORT.
| Period | Total return |
|---|---|
| 1 year | −9.38% |
| 3 years (annualised) | −4.27% |
MICGX Annual Returns
Calendar-year total returns of Emerging Markets Great Consumer Fund, compounded from monthly SEC N-PORT returns. Partial years show the months covered.
| Year | Total return |
|---|---|
| 2023 (Jan–Apr) | −2.96% |
| 2022 | −26.21% |
| 2021 | −13.42% |
| 2020 (Feb–Dec) | +33.76% |
MICGX 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 | +6.3% | −7.9% | +1.3% | −2.2% | — | — | — | — | — | — | — | — |
| 2022 | −7.0% | −4.2% | −6.0% | −5.7% | −0.8% | −1.7% | −2.1% | +0.1% | −9.1% | −4.7% | +12.6% | +0.1% |
| 2021 | +0.3% | +0.8% | −2.9% | +1.4% | +2.4% | +2.3% | −10.3% | +4.5% | −7.0% | +1.9% | −5.4% | −1.3% |
| 2020 | — | −2.2% | −12.2% | +10.1% | +1.7% | +7.2% | +7.6% | +3.0% | −1.2% | +3.1% | +6.6% | +7.9% |
MICGX Risk
Risk measures from monthly returns over May 2020 – Apr 2023.
- 3-year volatility (annualised): 18.34%
- 3-year Sharpe ratio: -0.48 (vs 4.5% risk-free rate)
- Best month: +12.59% (Nov 2022)
- Worst month: −10.28% (Jul 2021)
MICGX Fund Flows
Monthly money in and out of Emerging Markets Great Consumer Fund, from SEC Form N-PORT.
- 12-month net flow: $805.3M
- 12-month gross sales (incl. reinvestments): $224.7M
- Sales ÷ redemptions: -0.39×
| Month | Sales | Redemptions | Net flow |
|---|---|---|---|
| Apr 2023 | $33.7M | −$42.2M | $75.9M |
| Mar 2023 | $6.8M | −$30.0M | $36.8M |
| Feb 2023 | $12.1M | −$19.1M | $31.3M |
| Jan 2023 | $56.9M | −$23.6M | $80.6M |
| Dec 2022 | $17.0M | −$87.2M | $104.1M |
| Nov 2022 | $7.1M | −$35.0M | $42.1M |
| Oct 2022 | $8.9M | −$26.2M | $35.2M |
| Sep 2022 | $9.1M | −$27.6M | $36.7M |
| Aug 2022 | $12.0M | −$25.1M | $37.2M |
| Jul 2022 | $10.5M | −$61.6M | $72.1M |
| Jun 2022 | $29.2M | −$74.6M | $103.9M |
| May 2022 | $21.3M | −$128.3M | $149.6M |
MICGX Assets Under Management
Net assets of Emerging Markets Great Consumer Fund by report date, from SEC N-PORT filings.
| Report date | Net assets |
|---|---|
| 2023-04-30 | $430.55M |
| 2023-01-31 | $513.48M |
| 2022-10-31 | $490.05M |
| 2022-07-31 | $616.37M |
| 2022-04-30 | $857.56M |
| 2022-01-31 | $1.17B |
| 2021-10-31 | $1.62B |
| 2021-07-31 | $1.65B |
| 2021-04-30 | $1.70B |
| 2021-01-31 | $1.30B |
| 2020-10-31 | $974.74M |
| 2020-07-31 | $857.78M |
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.