MSEJX Performance — MM Equity Asset Fund, Class I
Data updated: 2025-02-28
MSEJX returned +24.65% over one year to Dec 2024. Annualised returns are +9.38% over 3 years and +15.53% over 5 years. The fund beat its US Large Blend category average: $100 invested three years ago grew to $131, against $121 for the category, and to $125 over one year, against $119. Volatility over the past three years was 17.23% a year. In the 12 months to Dec 2024 the fund lost a net $35.9M, and assets reached $291.58M.
MSEJX Growth of $100
What $100 invested in MM Equity Asset Fund grew to, compounded from monthly returns reported on SEC Form N-PORT, against the US Large Blend category average over the same months.
| Period | MSEJX | Category average |
|---|---|---|
| 1 year (Jan 2024 – Dec 2024) | $125 | $119 |
| 3 years (Jan 2022 – Dec 2024) | $131 | $121 |
| 5 years (Jan 2020 – Dec 2024) | $206 | $171 |
| Since data start (Jul 2019 – Dec 2024) | $229 | $185 |
MSEJX Trailing Returns
Total returns to Dec 2024, from SEC N-PORT.
| Period | Total return |
|---|---|
| 1 year | +24.65% |
| 3 years (annualised) | +9.38% |
| 5 years (annualised) | +15.53% |
MSEJX Annual Returns
Calendar-year total returns of MM Equity Asset Fund, compounded from monthly SEC N-PORT returns. Partial years show the months covered.
| Year | Total return |
|---|---|
| 2024 | +24.65% |
| 2023 | +28.22% |
| 2022 | −18.12% |
| 2021 | +30.51% |
| 2020 | +20.49% |
| 2019 (Jul–Dec) | +11.42% |
MSEJX 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 | +3.2% | +5.4% | +1.9% | +3.7% | +5.0% | −3.7% | +1.9% | +2.5% | +1.1% | −2.8% | +5.2% | −0.7% |
| 2023 | +3.7% | −2.2% | +6.5% | +6.6% | +0.7% | +1.7% | −4.5% | −1.4% | +3.4% | +4.5% | +9.1% | −2.0% |
| 2022 | +3.3% | −2.9% | −4.7% | −8.4% | +0.2% | −8.7% | −9.1% | −4.1% | +9.6% | −6.0% | +5.9% | +7.4% |
| 2021 | +4.9% | +2.7% | −0.6% | +2.2% | +0.7% | +5.7% | −4.9% | +2.7% | +2.4% | +4.5% | −0.5% | +7.7% |
| 2020 | −12.8% | −7.8% | +0.1% | +2.4% | +5.1% | +13.3% | −4.3% | +7.9% | +5.8% | +3.9% | +11.1% | −2.6% |
| 2019 | — | — | — | — | — | — | +1.9% | −2.0% | +1.4% | +3.3% | +3.8% | +2.5% |
MSEJX Risk
Risk measures from monthly returns over Jan 2022 – Dec 2024.
- 3-year volatility (annualised): 17.23%
- 3-year Sharpe ratio: 0.28 (vs 4.5% risk-free rate)
- Best month: +9.55% (Sep 2022)
- Worst month: −9.09% (Jul 2022)
MSEJX Fund Flows
Monthly money in and out of MM Equity Asset Fund, from SEC Form N-PORT.
- 12-month net flow: −$35.9M
- 12-month gross sales (incl. reinvestments): $89.6M
- Sales ÷ redemptions: 0.71×
| Month | Sales | Redemptions | Net flow |
|---|---|---|---|
| Dec 2024 | $2.9M | $10.4M | −$7.5M |
| Nov 2024 | $2.8M | $16.7M | −$13.9M |
| Oct 2024 | $47.3M | $12.1M | $35.2M |
| Sep 2024 | $3.3M | $10.9M | −$7.6M |
| Aug 2024 | $3.9M | $7.0M | −$3.1M |
| Jul 2024 | $3.0M | $7.2M | −$4.3M |
| Jun 2024 | $2.9M | $11.3M | −$8.4M |
| May 2024 | $3.1M | $5.5M | −$2.3M |
| Apr 2024 | $1.8M | $16.1M | −$14.4M |
| Mar 2024 | $3.5M | $10.5M | −$7.0M |
| Feb 2024 | $6.1M | $5.4M | $689K |
| Jan 2024 | $8.9M | $12.2M | −$3.3M |
MSEJX Assets Under Management
Net assets of MM Equity Asset Fund by report date, from SEC N-PORT filings.
| Report date | Net assets |
|---|---|
| 2024-12-31 | $291.58M |
| 2024-09-30 | $317.50M |
| 2024-06-30 | $315.68M |
| 2024-03-31 | $325.72M |
| 2023-12-31 | $302.88M |
| 2023-09-30 | $282.98M |
| 2023-06-30 | $341.85M |
| 2023-03-31 | $335.72M |
| 2022-12-31 | $320.84M |
| 2022-09-30 | $303.27M |
| 2022-06-30 | $345.98M |
| 2022-03-31 | $400.61M |
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.