MSGFX Performance — Global Franchise Portfolio, Class C
Data updated: 2026-08-21
MSGFX returned −11.73% year to date and −17.85% over one year to Jun 2026. Annualised returns are −0.69% over 3 years and −0.27% over 5 years. The fund trailed its Global Large Growth category average: $100 invested three years ago grew to $98, against $157 for the category, and to $82 over one year, against $114. Volatility over the past three years was 11.69% a year. In the 12 months to Jun 2026 the fund lost a net $1.1B, and assets reached $1.02B.
MSGFX Growth of $100
What $100 invested in Global Franchise Portfolio grew to, compounded from monthly returns reported on SEC Form N-PORT, against the Global Large Growth category average over the same months.
| Period | MSGFX | Category average |
|---|---|---|
| 1 year (Jul 2025 – Jun 2026) | $82 | $114 |
| 3 years (Jul 2023 – Jun 2026) | $98 | $157 |
| 5 years (Jul 2021 – Jun 2026) | $99 | $141 |
| Since data start (Jul 2019 – Jun 2026) | $129 | $216 |
MSGFX Trailing Returns
Total returns to Jun 2026, from SEC N-PORT.
| Period | Total return |
|---|---|
| YTD | −11.73% |
| 1 year | −17.85% |
| 3 years (annualised) | −0.69% |
| 5 years (annualised) | −0.27% |
MSGFX Annual Returns
Calendar-year total returns of Global Franchise Portfolio, compounded from monthly SEC N-PORT returns. Partial years show the months covered.
| Year | Total return |
|---|---|
| 2026 (Jan–Jun) | −11.73% |
| 2025 | −0.76% |
| 2024 | +7.90% |
| 2023 | +15.29% |
| 2022 | −18.05% |
| 2021 | +20.75% |
| 2020 | +12.10% |
| 2019 (Jul–Dec) | +6.47% |
MSGFX 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 | −3.2% | −1.7% | −7.8% | +5.7% | −2.1% | −2.9% | — | — | — | — | — | — |
| 2025 | +5.2% | −0.1% | −2.0% | −0.2% | +3.9% | −0.1% | −1.5% | +0.1% | −2.0% | −3.2% | −0.4% | −0.1% |
| 2024 | +2.0% | +2.6% | 0.0% | −5.6% | +2.1% | +1.4% | +3.5% | +3.5% | +2.0% | −3.2% | +2.7% | −3.0% |
| 2023 | +4.5% | −3.8% | +5.5% | +3.3% | −3.6% | +5.4% | +0.9% | −0.6% | −5.5% | −1.9% | +8.3% | +2.8% |
| 2022 | −6.1% | −3.4% | 0.0% | −4.7% | +0.1% | −6.3% | +6.6% | −5.6% | −9.3% | +5.1% | +8.7% | −3.2% |
| 2021 | −2.6% | −0.4% | +4.2% | +5.2% | +0.6% | +2.2% | +2.8% | +0.8% | −4.0% | +6.0% | −2.7% | +7.6% |
| 2020 | +1.5% | −7.5% | −7.7% | +9.2% | +3.8% | +1.9% | +5.2% | +3.6% | −2.5% | −4.9% | +6.9% | +3.6% |
| 2019 | — | — | — | — | — | — | +0.1% | +0.4% | −0.7% | +0.7% | +2.9% | +2.9% |
MSGFX Risk
Risk measures from monthly returns over Jul 2023 – Jun 2026.
- 3-year volatility (annualised): 11.69%
- 3-year Sharpe ratio: -0.44 (vs 4.5% risk-free rate)
- Best month: +8.32% (Nov 2023)
- Worst month: −7.77% (Mar 2026)
MSGFX Fund Flows
Monthly money in and out of Global Franchise Portfolio, from SEC Form N-PORT.
- 12-month net flow: −$1.1B
- 12-month gross sales (incl. reinvestments): $481.7M
- Sales ÷ redemptions: 0.31×
| Month | Sales | Redemptions | Net flow |
|---|---|---|---|
| Jun 2026 | $4.5M | $194.8M | −$190.3M |
| May 2026 | $6.9M | $92.1M | −$85.2M |
| Apr 2026 | $7.1M | $96.8M | −$89.7M |
| Mar 2026 | $7.6M | $127.2M | −$119.6M |
| Feb 2026 | $14.3M | $135.5M | −$121.2M |
| Jan 2026 | $27.4M | $147.7M | −$120.3M |
| Dec 2025 | $277.7M | $233.8M | $43.8M |
| Nov 2025 | $60.8M | $206.9M | −$146.1M |
| Oct 2025 | $22.9M | $100.5M | −$77.6M |
| Sep 2025 | $28.6M | $128.9M | −$100.4M |
| Aug 2025 | $11.3M | $51.2M | −$39.9M |
| Jul 2025 | $12.7M | $35.7M | −$23.0M |
MSGFX Assets Under Management
Net assets of Global Franchise Portfolio by report date, from SEC N-PORT filings.
| Report date | Net assets |
|---|---|
| 2026-06-30 | $1.02B |
| 2026-03-31 | $1.37B |
| 2025-12-31 | $1.94B |
| 2025-09-30 | $2.45B |
| 2025-06-30 | $2.69B |
| 2025-03-31 | $2.71B |
| 2024-12-31 | $2.76B |
| 2024-09-30 | $2.92B |
| 2024-06-30 | $2.78B |
| 2024-03-31 | $2.98B |
| 2023-12-31 | $2.93B |
| 2023-09-30 | $2.75B |
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.