MSRFX Performance — Next Gen Emerging Markets Portfolio, Class R6
Data updated: 2025-08-22
MSRFX returned +11.68% over one year to Jun 2025. Annualised returns are +7.35% over 3 years and +2.46% over 5 years. The fund trailed its Emerging Markets Equity category average: $100 invested three years ago grew to $124, against $135 for the category, and to $112 over one year, against $113. Volatility over the past three years was 12.79% a year. In the 12 months to Jun 2025 the fund lost a net $8.4M, and assets reached $20.78M.
MSRFX Growth of $100
What $100 invested in Next Gen Emerging Markets Portfolio grew to, compounded from monthly returns reported on SEC Form N-PORT, against the Emerging Markets Equity category average over the same months.
| Period | MSRFX | Category average |
|---|---|---|
| 1 year (Jul 2024 – Jun 2025) | $112 | $113 |
| 3 years (Jul 2022 – Jun 2025) | $124 | $135 |
| 5 years (Jul 2020 – Jun 2025) | $113 | $141 |
| Since data start (Jul 2019 – Jun 2025) | $103 | $138 |
MSRFX Trailing Returns
Total returns to Jun 2025, from SEC N-PORT.
| Period | Total return |
|---|---|
| 1 year | +11.68% |
| 3 years (annualised) | +7.35% |
| 5 years (annualised) | +2.46% |
MSRFX Annual Returns
Calendar-year total returns of Next Gen Emerging Markets Portfolio, compounded from monthly SEC N-PORT returns. Partial years show the months covered.
| Year | Total return |
|---|---|
| 2025 (Jan–Jun) | +4.28% |
| 2024 | +12.45% |
| 2023 | +6.68% |
| 2022 | −37.32% |
| 2021 | +15.35% |
| 2020 | +14.03% |
| 2019 (Jul–Dec) | +0.11% |
MSRFX 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2025 | −0.4% | −3.5% | −3.0% | +0.6% | +7.8% | +3.2% | — | — | — | — | — | — |
| 2024 | −1.5% | +4.5% | +2.9% | −3.1% | +2.0% | +0.3% | +2.3% | +4.0% | +0.1% | −0.5% | +0.3% | +0.8% |
| 2023 | +4.1% | −3.5% | +0.9% | +0.1% | −4.8% | +2.8% | +6.4% | −0.1% | −1.5% | −7.2% | +7.6% | +2.8% |
| 2022 | −11.6% | −17.3% | +4.0% | −9.4% | 0.0% | −7.9% | +3.2% | +2.9% | −8.3% | +1.7% | +3.3% | −3.5% |
| 2021 | +2.2% | +4.5% | −2.4% | +5.6% | +2.9% | +3.9% | +0.2% | +5.9% | −3.3% | +3.9% | −5.4% | −2.8% |
| 2020 | −1.0% | −6.7% | −24.3% | +11.9% | +11.7% | +4.5% | +2.2% | +8.6% | −1.1% | −0.9% | +9.6% | +4.7% |
| 2019 | — | — | — | — | — | — | +0.6% | −2.0% | −1.5% | −0.5% | +2.3% | +1.2% |
MSRFX Risk
Risk measures from monthly returns over Jul 2022 – Jun 2025.
- 3-year volatility (annualised): 12.79%
- 3-year Sharpe ratio: 0.22 (vs 4.5% risk-free rate)
- Best month: +7.80% (May 2025)
- Worst month: −8.26% (Sep 2022)
MSRFX Fund Flows
Monthly money in and out of Next Gen Emerging Markets Portfolio, from SEC Form N-PORT.
- 12-month net flow: −$8.4M
- 12-month gross sales (incl. reinvestments): $1.7M
- Sales ÷ redemptions: 0.17×
| Month | Sales | Redemptions | Net flow |
|---|---|---|---|
| Jun 2025 | $19K | $171K | −$152K |
| May 2025 | $53K | $214K | −$161K |
| Apr 2025 | $453K | $421K | $32K |
| Mar 2025 | $71K | $529K | −$458K |
| Feb 2025 | $45K | $579K | −$534K |
| Jan 2025 | $45K | $350K | −$304K |
| Dec 2024 | $760K | $636K | $123K |
| Nov 2024 | $18K | $215K | −$197K |
| Oct 2024 | $61K | $646K | −$585K |
| Sep 2024 | $29K | $5.5M | −$5.5M |
| Aug 2024 | $5K | $312K | −$307K |
| Jul 2024 | $116K | $438K | −$321K |
MSRFX Assets Under Management
Net assets of Next Gen Emerging Markets Portfolio by report date, from SEC N-PORT filings.
| Report date | Net assets |
|---|---|
| 2025-06-30 | $20.78M |
| 2025-03-31 | $18.83M |
| 2024-12-31 | $21.54M |
| 2024-09-30 | $22.78M |
| 2024-06-30 | $27.18M |
| 2024-03-31 | $32.69M |
| 2023-12-31 | $32.20M |
| 2023-09-30 | $32.64M |
| 2023-06-30 | $34.49M |
| 2023-03-31 | $41.72M |
| 2022-12-31 | $42.90M |
| 2022-09-30 | $44.01M |
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.