MSEFX Performance — iMGP Global Select Fund, Institutional Class
Data updated: 2026-08-26
MSEFX returned +0.17% year to date and +1.99% over one year to Jun 2026. Annualised returns are +4.46% over 3 years and −0.81% over 5 years. The fund trailed its Emerging Markets Equity category average: $100 invested three years ago grew to $114, against $179 for the category, and to $102 over one year, against $141. Volatility over the past three years was 13.05% a year. In the 12 months to Jun 2026 the fund lost a net $15.3M, and assets reached $77.77M.
MSEFX Growth of $100
What $100 invested in iMGP Global Select 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 | MSEFX | Category average |
|---|---|---|
| 1 year (Jul 2025 – Jun 2026) | $102 | $141 |
| 3 years (Jul 2023 – Jun 2026) | $114 | $179 |
| 5 years (Jul 2021 – Jun 2026) | $96 | $144 |
| Since data start (Jul 2019 – Jun 2026) | $143 | $195 |
MSEFX Trailing Returns
Total returns to Jun 2026, from SEC N-PORT.
| Period | Total return |
|---|---|
| YTD | +0.17% |
| 1 year | +1.99% |
| 3 years (annualised) | +4.46% |
| 5 years (annualised) | −0.81% |
MSEFX Annual Returns
Calendar-year total returns of iMGP Global Select Fund, compounded from monthly SEC N-PORT returns. Partial years show the months covered.
| Year | Total return |
|---|---|
| 2026 (Jan–Jun) | +0.17% |
| 2025 | +5.16% |
| 2024 | +3.34% |
| 2023 | +17.26% |
| 2022 | −25.52% |
| 2021 | +17.73% |
| 2020 | +19.52% |
| 2019 (Jul–Dec) | +7.08% |
MSEFX 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 | −0.5% | +2.7% | −8.6% | +7.6% | +2.4% | −2.6% | — | — | — | — | — | — |
| 2025 | +3.8% | −1.1% | −3.2% | −1.6% | +4.0% | +1.4% | −0.8% | +1.8% | +1.3% | −0.2% | −0.8% | +0.6% |
| 2024 | −1.2% | +2.7% | +1.6% | −4.5% | +1.3% | −0.8% | +5.1% | +2.2% | +1.2% | −3.9% | +5.1% | −4.7% |
| 2023 | +7.6% | −3.1% | +2.8% | +2.4% | −3.4% | +5.7% | +3.1% | −4.0% | −4.7% | −3.1% | +9.2% | +4.9% |
| 2022 | −6.2% | −2.3% | −1.7% | −10.5% | −0.1% | −9.6% | +7.8% | −4.7% | −11.7% | +5.6% | +9.2% | −2.3% |
| 2021 | −0.5% | +6.6% | +2.5% | +6.7% | +0.3% | +0.3% | +0.4% | +1.8% | −2.9% | +4.4% | −5.8% | +3.4% |
| 2020 | −1.2% | −7.6% | −17.4% | +13.5% | +5.9% | +2.0% | +4.4% | +6.4% | −3.2% | +1.3% | +12.8% | +5.1% |
| 2019 | — | — | — | — | — | — | +0.5% | −4.2% | +1.1% | +2.1% | +4.6% | +3.0% |
MSEFX Risk
Risk measures from monthly returns over Jul 2023 – Jun 2026.
- 3-year volatility (annualised): 13.05%
- 3-year Sharpe ratio: -0.00 (vs 4.5% risk-free rate)
- Best month: +9.23% (Nov 2023)
- Worst month: −8.63% (Mar 2026)
MSEFX Fund Flows
Monthly money in and out of iMGP Global Select Fund, from SEC Form N-PORT.
- 12-month net flow: −$15.3M
- 12-month gross sales (incl. reinvestments): $3.2M
- Sales ÷ redemptions: 0.17×
| Month | Sales | Redemptions | Net flow |
|---|---|---|---|
| Jun 2026 | $8K | $1.0M | −$996K |
| May 2026 | $4K | $1.5M | −$1.5M |
| Apr 2026 | $41K | $1.3M | −$1.3M |
| Mar 2026 | $18K | $1.3M | −$1.3M |
| Feb 2026 | $14K | $1.5M | −$1.5M |
| Jan 2026 | $212K | $1.5M | −$1.3M |
| Dec 2025 | $2.8M | $2.6M | $175K |
| Nov 2025 | $27K | $1.0M | −$1.0M |
| Oct 2025 | $21K | $1.3M | −$1.2M |
| Sep 2025 | $18K | $1.5M | −$1.5M |
| Aug 2025 | $11K | $1.4M | −$1.4M |
| Jul 2025 | $14K | $2.4M | −$2.4M |
MSEFX Assets Under Management
Net assets of iMGP Global Select Fund by report date, from SEC N-PORT filings.
| Report date | Net assets |
|---|---|
| 2026-06-30 | $77.77M |
| 2026-03-31 | $76.07M |
| 2025-12-31 | $85.68M |
| 2025-09-30 | $90.99M |
| 2025-06-30 | $94.34M |
| 2025-03-31 | $94.08M |
| 2024-12-31 | $98.74M |
| 2024-09-30 | $111.09M |
| 2024-06-30 | $105.80M |
| 2024-03-31 | $114.49M |
| 2023-12-31 | $117.70M |
| 2023-09-30 | $113.12M |
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.