Six Circles International Unconstrained Equity Fund (CIUEX)
Under normal circumstances, the fund will invest at least 80% of its net assets (plus borrowings) in equity securities and other instruments with economic characteristics similar to equity securities. Equity securities include common stock, preferred stock and securities or other instruments whose price is linked to the value of common or preferred stock. The fund primarily invests in the equity securities of non-U.S. companies and is generally unconstrained by any particular capitalization, style or sector or non-U.S. country. It is non-diversified.
Fund Info
| ISIN | US83002G4055 |
|---|---|
| Issuer | Six Circles |
| Inception Date | Jul 9, 2018 |
| Category | Foreign Large Cap Equities |
| Min. Investment | $0 |
| Asset Class | Equity |
Expense Ratio
CIUEX features an expense ratio of 0.10%, falling within the medium range.
Share Price Chart
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Compare to other instruments
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Popular comparisons: CIUEX vs. CUSUX, CIUEX vs. BBEU
Performance
Performance Chart
The chart shows the growth of an initial investment of $10,000 in Six Circles International Unconstrained Equity Fund, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.
Returns By Period
Six Circles International Unconstrained Equity Fund had a return of 10.79% year-to-date (YTD) and 16.87% in the last 12 months.
| Period | Return | Benchmark |
|---|---|---|
| Year-To-Date | 10.79% | 11.05% |
| 1 month | 7.20% | 4.86% |
| 6 months | 19.15% | 17.50% |
| 1 year | 16.87% | 27.37% |
| 5 years (annualized) | 7.94% | 13.14% |
| 10 years (annualized) | N/A | 10.90% |
Monthly Returns
The table below presents the monthly returns of CIUEX, with color gradation from worst to best to easily spot seasonal factors. Returns are adjusted for dividends.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | 0.37% | 2.97% | 4.05% | -2.85% | 10.79% | ||||||||
| 2023 | 9.57% | -1.77% | 2.10% | 3.82% | -4.52% | 4.44% | 2.08% | -3.89% | -4.62% | -2.42% | 9.21% | 4.89% | 18.99% |
| 2022 | -3.24% | -3.91% | -0.39% | -5.45% | 2.16% | -9.87% | 5.14% | -7.01% | -9.60% | 8.34% | 14.59% | -2.41% | -13.67% |
| 2021 | -1.50% | 1.42% | 4.01% | 3.28% | 4.39% | -1.43% | 1.09% | 1.89% | -5.73% | 5.42% | -4.88% | 6.03% | 14.00% |
| 2020 | -1.98% | -8.62% | -16.88% | 5.18% | 4.53% | 4.46% | 5.61% | 2.43% | -1.13% | -5.25% | 15.52% | 5.64% | 5.75% |
| 2019 | 6.99% | 3.04% | 1.42% | 1.83% | -4.44% | 5.54% | -2.31% | -1.50% | 1.31% | 1.62% | 0.85% | 3.68% | 18.91% |
| 2018 | 0.60% | -2.09% | 0.81% | -9.26% | -3.22% | -4.82% | -17.00% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
The current rank of CIUEX is 46, suggesting that the investment has average results relative to other mutual funds in terms of risk-adjusted performance. This ranking is determined by the cumulative values of the indicators listed below.
CIUEX (Six Circles International Unconstrained Equity Fund)
Risk-Adjusted Performance Indicators
The charts below present risk-adjusted performance metrics for Six Circles International Unconstrained Equity Fund (CIUEX) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.
Dividends
Dividend History
Six Circles International Unconstrained Equity Fund granted a 2.60% dividend yield in the last twelve months. The annual payout for that period amounted to $0.31 per share.
| Period | TTM | 2023 | 2022 | 2021 | 2020 | 2019 |
|---|---|---|---|---|---|---|
| Dividend | $0.31 | $0.31 | $0.29 | $0.27 | $0.16 | $0.28 |
Dividend yield | 2.60% | 2.88% | 3.14% | 2.44% | 1.59% | 2.87% |
Monthly Dividends
The table displays the monthly dividend distributions for Six Circles International Unconstrained Equity Fund. The dividends shown in the table have been adjusted to account for any splits that may have occurred.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | |||||||
| 2023 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.31 | $0.31 |
| 2022 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.29 | $0.29 |
| 2021 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.27 | $0.27 |
| 2020 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.16 | $0.16 |
| 2019 | $0.28 | $0.28 |
Drawdowns
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way.
Worst Drawdowns
The table below displays the maximum drawdowns of the Six Circles International Unconstrained Equity Fund. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.
The maximum drawdown for the Six Circles International Unconstrained Equity Fund was 37.39%, occurring on Mar 23, 2020. Recovery took 177 trading sessions.
The current Six Circles International Unconstrained Equity Fund drawdown is 0.42%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -37.39% | Aug 1, 2018 | 413 | Mar 23, 2020 | 177 | Dec 2, 2020 | 590 |
| -30.15% | Nov 4, 2021 | 225 | Sep 27, 2022 | 305 | Dec 13, 2023 | 530 |
| -6.55% | Sep 3, 2021 | 19 | Sep 30, 2021 | 24 | Nov 3, 2021 | 43 |
| -5.36% | Jun 16, 2021 | 23 | Jul 19, 2021 | 32 | Sep 1, 2021 | 55 |
| -5.21% | Jan 11, 2021 | 14 | Jan 29, 2021 | 31 | Mar 16, 2021 | 45 |
Volatility
Volatility Chart
The current Six Circles International Unconstrained Equity Fund volatility is 3.01%, representing the average percentage change in the investments's value, either up or down over the past month. The chart below shows the rolling one-month volatility.