MSAQX Performance — Asia Opportunity Portfolio, Class I
Data updated: 2026-08-21
MSAQX returned +15.90% year to date and +12.56% over one year to Jun 2026. Annualised returns are +12.30% over 3 years and −3.40% over 5 years. The fund trailed its Asia-Pacific Equity category average: $100 invested three years ago grew to $142, against $172 for the category, and to $113 over one year, against $137. Volatility over the past three years was 19.87% a year. In the 12 months to Jun 2026 the fund lost a net $31.0M, and assets reached $104.42M.
MSAQX Growth of $100
What $100 invested in Asia Opportunity Portfolio grew to, compounded from monthly returns reported on SEC Form N-PORT, against the Asia-Pacific Equity category average over the same months.
| Period | MSAQX | Category average |
|---|---|---|
| 1 year (Jul 2025 – Jun 2026) | $113 | $137 |
| 3 years (Jul 2023 – Jun 2026) | $142 | $172 |
| 5 years (Jul 2021 – Jun 2026) | $84 | $136 |
| Since data start (Jul 2019 – Jun 2026) | $144 | $192 |
MSAQX Trailing Returns
Total returns to Jun 2026, from SEC N-PORT.
| Period | Total return |
|---|---|
| YTD | +15.90% |
| 1 year | +12.56% |
| 3 years (annualised) | +12.30% |
| 5 years (annualised) | −3.40% |
MSAQX Annual Returns
Calendar-year total returns of Asia Opportunity Portfolio, compounded from monthly SEC N-PORT returns. Partial years show the months covered.
| Year | Total return |
|---|---|
| 2026 (Jan–Jun) | +15.90% |
| 2025 | +5.48% |
| 2024 | +19.74% |
| 2023 | −6.83% |
| 2022 | −22.00% |
| 2021 | −20.53% |
| 2020 | +52.55% |
| 2019 (Jul–Dec) | +11.98% |
MSAQX 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 | +2.5% | +1.8% | −12.8% | +14.7% | +10.1% | +0.9% | — | — | — | — | — | — |
| 2025 | −1.1% | +1.7% | +1.5% | −0.3% | +2.6% | +4.0% | −0.6% | +0.4% | +6.1% | −2.2% | −5.3% | −1.0% |
| 2024 | −8.8% | +7.1% | +3.9% | +5.6% | +1.6% | −2.0% | −2.3% | +2.1% | +16.1% | −1.6% | +1.4% | −2.7% |
| 2023 | +7.3% | −6.6% | +1.7% | −3.7% | −6.6% | +5.0% | +7.8% | −6.1% | −4.5% | −4.0% | +2.4% | +1.8% |
| 2022 | −4.5% | −3.6% | −11.9% | −5.2% | +0.4% | +0.7% | −1.7% | +0.2% | −9.5% | −13.5% | +27.2% | +2.3% |
| 2021 | +5.3% | +2.9% | −6.6% | +0.4% | +0.4% | −1.5% | −16.7% | +1.4% | −2.1% | +3.6% | −6.2% | −1.7% |
| 2020 | −2.7% | +1.8% | −8.1% | +6.3% | +5.1% | +9.6% | +10.8% | +9.7% | −3.0% | +2.3% | +6.2% | +6.7% |
| 2019 | — | — | — | — | — | — | −2.9% | +3.2% | −0.3% | +6.5% | +0.3% | +4.9% |
MSAQX Risk
Risk measures from monthly returns over Jul 2023 – Jun 2026.
- 3-year volatility (annualised): 19.87%
- 3-year Sharpe ratio: 0.39 (vs 4.5% risk-free rate)
- Best month: +16.12% (Sep 2024)
- Worst month: −12.83% (Mar 2026)
MSAQX Fund Flows
Monthly money in and out of Asia Opportunity Portfolio, from SEC Form N-PORT.
- 12-month net flow: −$31.0M
- 12-month gross sales (incl. reinvestments): $16.8M
- Sales ÷ redemptions: 0.35×
| Month | Sales | Redemptions | Net flow |
|---|---|---|---|
| Jun 2026 | $204K | $2.4M | −$2.2M |
| May 2026 | $457K | $2.9M | −$2.4M |
| Apr 2026 | $700K | $3.3M | −$2.6M |
| Mar 2026 | $448K | $3.6M | −$3.2M |
| Feb 2026 | $1.0M | $18.7M | −$17.7M |
| Jan 2026 | $2.5M | $2.9M | −$413K |
| Dec 2025 | $5.6M | $2.7M | $2.9M |
| Nov 2025 | $1.6M | $2.0M | −$386K |
| Oct 2025 | $859K | $1.2M | −$361K |
| Sep 2025 | $852K | $3.9M | −$3.0M |
| Aug 2025 | $715K | $1.8M | −$1.1M |
| Jul 2025 | $1.9M | $2.5M | −$601K |
MSAQX Assets Under Management
Net assets of Asia Opportunity Portfolio by report date, from SEC N-PORT filings.
| Report date | Net assets |
|---|---|
| 2026-06-30 | $104.42M |
| 2026-03-31 | $88.13M |
| 2025-12-31 | $118.03M |
| 2025-09-30 | $130.43M |
| 2025-06-30 | $127.64M |
| 2025-03-31 | $122.76M |
| 2024-12-31 | $125.00M |
| 2024-09-30 | $137.03M |
| 2024-06-30 | $130.90M |
| 2024-03-31 | $129.07M |
| 2023-12-31 | $141.41M |
| 2023-09-30 | $178.06M |
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.