TLEIX Performance — AMG GW&K Emerging Markets Equity Fund, Class Z
Data updated: 2024-03-25
TLEIX returned −5.53% over one year to Jan 2024. The annualised 3-year return is −9.08%. The fund trailed its Alternative category average: $100 invested three years ago grew to $75, against $107 for the category, and to $94 over one year, against $110. Volatility over the past three years was 19.66% a year. In the 12 months to Jan 2024 the fund took in a net $28.4M, and assets reached $752K.
TLEIX Growth of $100
What $100 invested in AMG GW&K Emerging Markets Equity Fund grew to, compounded from monthly returns reported on SEC Form N-PORT, against the Alternative category average over the same months.
| Period | TLEIX | Category average |
|---|---|---|
| 1 year (Feb 2023 – Jan 2024) | $94 | $110 |
| 3 years (Feb 2021 – Jan 2024) | $75 | $107 |
| Since data start (Aug 2019 – Jan 2024) | $98 | $120 |
TLEIX Trailing Returns
Total returns to Jan 2024, from SEC N-PORT.
| Period | Total return |
|---|---|
| 1 year | −5.53% |
| 3 years (annualised) | −9.08% |
TLEIX Annual Returns
Calendar-year total returns of AMG GW&K Emerging Markets Equity Fund, compounded from monthly SEC N-PORT returns. Partial years show the months covered.
| Year | Total return |
|---|---|
| 2024 (Jan–Jan) | +0.27% |
| 2023 | +3.61% |
| 2022 | −17.97% |
| 2021 | −9.62% |
| 2020 | +19.38% |
| 2019 (Aug–Dec) | +7.09% |
TLEIX 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 | +0.3% | — | — | — | — | — | — | — | — | — | — | — |
| 2023 | +10.0% | −5.9% | +4.4% | −1.9% | −1.9% | +5.2% | +5.9% | −6.1% | −4.1% | −5.0% | +6.6% | −1.9% |
| 2022 | +1.4% | −8.0% | −3.1% | −7.3% | +1.8% | −3.0% | −1.6% | −1.5% | −10.7% | −2.7% | +19.4% | −1.5% |
| 2021 | +2.5% | +2.8% | −2.2% | −0.3% | +1.5% | −0.8% | −8.3% | +1.0% | −4.1% | +1.2% | −5.7% | +3.1% |
| 2020 | −4.4% | −4.0% | −18.4% | +8.9% | +1.4% | +7.7% | +8.3% | +3.4% | −1.5% | +2.5% | +9.1% | +8.6% |
| 2019 | — | — | — | — | — | — | — | −3.3% | +0.4% | +2.8% | 0.0% | +7.2% |
TLEIX Risk
Risk measures from monthly returns over Feb 2021 – Jan 2024.
- 3-year volatility (annualised): 19.66%
- 3-year Sharpe ratio: -0.69 (vs 4.5% risk-free rate)
- Best month: +19.41% (Nov 2022)
- Worst month: −10.73% (Sep 2022)
TLEIX Fund Flows
Monthly money in and out of AMG GW&K Emerging Markets Equity Fund, from SEC Form N-PORT.
- 12-month net flow: $28.4M
- 12-month gross sales (incl. reinvestments): $4.5M
- Sales ÷ redemptions: -0.19×
| Month | Sales | Redemptions | Net flow |
|---|---|---|---|
| Jan 2024 | $15K | −$5.3M | $5.3M |
| Dec 2023 | $398K | −$14.8M | $15.2M |
| Nov 2023 | $22K | −$3K | $25K |
| Oct 2023 | $162K | −$304K | $467K |
| Sep 2023 | $122K | −$983K | $1.1M |
| Aug 2023 | $114K | −$245K | $359K |
| Jul 2023 | $415K | −$68K | $483K |
| Jun 2023 | $89K | −$21K | $111K |
| May 2023 | $516K | −$60K | $577K |
| Apr 2023 | $34K | −$170K | $204K |
| Mar 2023 | $1.1M | −$1.7M | $2.8M |
| Feb 2023 | $1.5M | −$162K | $1.7M |
TLEIX Assets Under Management
Net assets of AMG GW&K Emerging Markets Equity Fund by report date, from SEC N-PORT filings.
| Report date | Net assets |
|---|---|
| 2024-01-31 | $751.96K |
| 2023-10-31 | $19.83M |
| 2023-07-31 | $24.43M |
| 2023-04-28 | $21.50M |
| 2023-01-31 | $21.73M |
| 2022-10-31 | $16.16M |
| 2022-07-29 | $38.40M |
| 2022-04-29 | $52.89M |
| 2022-01-31 | $63.45M |
| 2021-10-29 | $58.60M |
| 2021-07-30 | $60.62M |
| 2021-04-30 | $64.76M |
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.