SNEMX Performance — Emerging Markets Portfolio
Data updated: 2026-02-26
SNEMX returned +30.70% over one year to Dec 2025. Annualised returns are +16.11% over 3 years and +4.57% over 5 years. The fund beat its Emerging Markets Equity category average: $100 invested three years ago grew to $157, against $156 for the category, and to $131 over one year, against $130. Volatility over the past three years was 13.62% a year. In the 12 months to Dec 2025 the fund lost a net $157.0M, and assets reached $1.28B.
SNEMX Growth of $100
What $100 invested in 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 | SNEMX | Category average |
|---|---|---|
| 1 year (Jan 2025 – Dec 2025) | $131 | $130 |
| 3 years (Jan 2023 – Dec 2025) | $157 | $156 |
| 5 years (Jan 2021 – Dec 2025) | $125 | $127 |
| Since data start (Jul 2019 – Dec 2025) | $155 | $158 |
SNEMX Trailing Returns
Total returns to Dec 2025, from SEC N-PORT.
| Period | Total return |
|---|---|
| 1 year | +30.70% |
| 3 years (annualised) | +16.11% |
| 5 years (annualised) | +4.57% |
SNEMX Annual Returns
Calendar-year total returns of Emerging Markets Portfolio, compounded from monthly SEC N-PORT returns. Partial years show the months covered.
| Year | Total return |
|---|---|
| 2025 | +30.70% |
| 2024 | +8.45% |
| 2023 | +10.43% |
| 2022 | −21.37% |
| 2021 | +1.58% |
| 2020 | +15.24% |
| 2019 (Jul–Dec) | +7.60% |
SNEMX 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 | +2.6% | −0.1% | +1.1% | +0.8% | +4.3% | +6.5% | −0.3% | +2.3% | +4.9% | +4.0% | −1.8% | +3.1% |
| 2024 | −3.4% | +6.1% | +2.8% | −0.5% | +2.4% | +4.0% | −1.5% | +0.6% | +3.7% | −3.5% | −2.1% | +0.1% |
| 2023 | +10.9% | −6.4% | +3.1% | −1.6% | −1.8% | +4.4% | +4.6% | −6.2% | −2.5% | −4.9% | +7.8% | +4.4% |
| 2022 | −0.2% | −3.6% | −1.1% | −5.7% | +1.2% | −7.7% | −1.8% | −0.6% | −11.6% | −1.6% | +14.7% | −3.5% |
| 2021 | +1.2% | +4.2% | −0.6% | +1.9% | +2.6% | +0.2% | −5.0% | +1.8% | −3.2% | +2.4% | −5.4% | +2.1% |
| 2020 | −5.1% | −3.3% | −19.2% | +8.5% | +2.9% | +6.5% | +7.8% | +0.9% | −1.4% | +1.7% | +11.1% | +7.9% |
| 2019 | — | — | — | — | — | — | −1.6% | −4.7% | +2.3% | +4.4% | +0.8% | +6.5% |
SNEMX Risk
Risk measures from monthly returns over Jan 2023 – Dec 2025.
- 3-year volatility (annualised): 13.62%
- 3-year Sharpe ratio: 0.85 (vs 4.5% risk-free rate)
- Best month: +10.94% (Jan 2023)
- Worst month: −6.43% (Feb 2023)
SNEMX Fund Flows
Monthly money in and out of Emerging Markets Portfolio, from SEC Form N-PORT.
- 12-month net flow: −$157.0M
- 12-month gross sales (incl. reinvestments): $99.9M
- Sales ÷ redemptions: 0.39×
| Month | Sales | Redemptions | Net flow |
|---|---|---|---|
| Dec 2025 | $26.9M | $11.1M | $15.8M |
| Nov 2025 | $4.4M | $33.8M | −$29.5M |
| Oct 2025 | $8.4M | $46.6M | −$38.2M |
| Sep 2025 | $6.7M | $15.7M | −$9.0M |
| Aug 2025 | $4.3M | $6.5M | −$2.2M |
| Jul 2025 | $6.8M | $10.6M | −$3.8M |
| Jun 2025 | $8.2M | $16.1M | −$7.9M |
| May 2025 | $4.5M | $18.0M | −$13.5M |
| Apr 2025 | $5.7M | $14.1M | −$8.4M |
| Mar 2025 | $6.0M | $27.7M | −$21.7M |
| Feb 2025 | $8.0M | $43.2M | −$35.2M |
| Jan 2025 | $10.1M | $13.7M | −$3.5M |
SNEMX Assets Under Management
Net assets of Emerging Markets Portfolio by report date, from SEC N-PORT filings.
| Report date | Net assets |
|---|---|
| 2025-12-31 | $1.28B |
| 2025-09-30 | $1.29B |
| 2025-06-30 | $1.22B |
| 2025-03-31 | $1.12B |
| 2024-12-31 | $1.13B |
| 2024-09-30 | $1.20B |
| 2024-06-30 | $1.17B |
| 2024-03-31 | $1.12B |
| 2023-12-31 | $1.09B |
| 2023-09-30 | $1.05B |
| 2023-06-30 | $1.12B |
| 2023-03-31 | $1.17B |
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.