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AMG Veritas Asia Pacific Fund (MGSEX)
Performance
Return for Risk
Dividends
Drawdowns
Volatility

Fund Info

ISIN
US00170L8679
CUSIP
00170L867
Issuer
AMG
Inception Date
May 31, 1984
Min. Investment
$2,000
Distribution Policy
Distributing
Asset Class
Equity
Asset Class Size
Large-Cap
Asset Class Style
Growth

Share Price Chart


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Performance

Performance Chart

The chart shows the growth of an initial investment of $10,000 in AMG Veritas Asia Pacific Fund, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.


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S&P 500 Index

Returns By Period

AMG Veritas Asia Pacific Fund (MGSEX) has returned 5.27% so far this year and 50.02% over the past 12 months. Looking at the last ten years, MGSEX has achieved an annualized return of 14.00%, outperforming the S&P 500 Index benchmark, which averaged 12.16% per year.


AMG Veritas Asia Pacific Fund

1D
-1.11%
1M
-13.49%
YTD
5.27%
6M
8.88%
1Y
50.02%
3Y*
14.56%
5Y*
1.58%
10Y*
14.00%

Benchmark (S&P 500 Index)

1D
2.91%
1M
-5.09%
YTD
-4.63%
6M
-2.39%
1Y
16.33%
3Y*
16.69%
5Y*
10.18%
10Y*
12.16%
*Multi-year figures are annualized to reflect compound growth (CAGR)

Monthly Returns

Based on dividend-adjusted daily data since May 31, 1984, MGSEX's average daily return is +0.05%, while the average monthly return is +1.00%. At this rate, your investment would double in approximately 5.8 years.

Historically, 62% of months were positive and 38% were negative. The best month was Dec 2019 with a return of +45.3%, while the worst month was Oct 1987 at -22.8%. The longest winning streak lasted 10 consecutive months, and the longest losing streak was 6 months.

On a daily basis, MGSEX closed higher 47% of trading days. The best single day was Dec 16, 2019 with a return of +44.6%, while the worst single day was Oct 30, 1987 at -22.8%.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
202611.17%9.46%-13.49%5.27%
20252.32%-0.81%-2.12%3.36%5.65%8.00%3.67%1.94%10.56%5.32%-4.80%3.16%41.56%
2024-5.28%4.63%3.29%-2.39%2.62%6.68%0.99%0.61%3.66%-2.66%-1.93%-2.52%7.23%
20237.64%-8.27%2.45%-2.53%-3.70%1.95%6.00%-6.51%-5.11%-4.20%4.65%4.29%-4.82%
2022-8.02%-3.13%-5.54%-6.91%0.09%-3.99%2.42%-2.33%-9.29%-2.75%12.73%-3.74%-27.91%
20212.17%5.00%-4.71%3.73%0.91%3.01%-5.23%3.08%-3.48%2.74%-3.29%-2.37%0.83%

Benchmark Metrics

AMG Veritas Asia Pacific Fund has an annualized alpha of 3.55%, beta of 0.82, and R² of 0.47 versus S&P 500 Index. Calculated based on daily prices since June 01, 1984.

  • This fund captured 110.27% of S&P 500 Index gains and 105.62% of its losses — amplifying both gains and losses, but participating more in upside than downside.
  • R² of 0.47 means the benchmark explains less than half of this fund's behavior — treat beta with caution or consider switching to a more representative benchmark.

Alpha
3.55%
Beta
0.82
0.47
Upside Capture
110.27%
Downside Capture
105.62%

Expense Ratio

MGSEX has a high expense ratio of 1.18%, indicating above-average management fees.


Return for Risk

Risk / Return Rank

MGSEX ranks 92 for risk / return — in the top 92% of mutual funds on our site. This means strong returns relative to risk — exactly what professional investors look for. Well-suited for investors who want to maximize return per unit of risk.


MGSEX Risk / Return Rank: 9292
Overall Rank
MGSEX Sharpe Ratio Rank: 9494
Sharpe Ratio Rank
MGSEX Sortino Ratio Rank: 9292
Sortino Ratio Rank
MGSEX Omega Ratio Rank: 8989
Omega Ratio Rank
MGSEX Calmar Ratio Rank: 9494
Calmar Ratio Rank
MGSEX Martin Ratio Rank: 9292
Martin Ratio Rank
The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

Return / Risk — by metrics

The table below present risk-adjusted performance metrics for AMG Veritas Asia Pacific Fund (MGSEX) and compare them to a chosen benchmark (S&P 500 Index).


MGSEXBenchmarkDifference

Sharpe ratio

Return per unit of total volatility

2.21

0.90

+1.31

Sortino ratio

Return per unit of downside risk

2.75

1.39

+1.37

Omega ratio

Gain probability vs. loss probability

1.40

1.21

+0.19

Calmar ratio

Return relative to maximum drawdown

3.18

1.40

+1.78

Martin ratio

Return relative to average drawdown

11.02

6.61

+4.41

Explore MGSEX risk-adjusted metrics in detail

Dive deeper into individual metrics with historical trends, benchmark comparisons, and performance across different time periods.

Dividends

Dividend History

AMG Veritas Asia Pacific Fund provided a 0.13% dividend yield over the last twelve months, with an annual payout of $0.12 per share.


0.00%20.00%40.00%60.00%80.00%$0.00$10.00$20.00$30.00$40.00$50.00$60.00$70.002019202020212022202320242025
Dividends
Dividend Yield
PeriodTTM2025202420232022202120202019
Dividend$0.12$0.12$0.28$0.06$0.00$69.04$6.42$65.91

Dividend yield

0.13%0.14%0.47%0.11%0.00%83.77%4.35%59.30%

Monthly Dividends

The table displays the monthly dividend distributions for AMG Veritas Asia Pacific Fund. The dividends shown in the table have been adjusted to account for any splits that may have occurred.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
2026$0.00$0.00$0.00$0.00
2025$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.12$0.12
2024$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.28$0.28
2023$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.06$0.06
2022$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00
2021$0.00$0.00$69.04$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$69.04

Drawdowns

Drawdowns Chart

The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.


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Worst Drawdowns

The table below displays the maximum drawdowns of the AMG Veritas Asia Pacific 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 AMG Veritas Asia Pacific Fund was 62.06%, occurring on Mar 9, 2009. Recovery took 539 trading sessions.

The current AMG Veritas Asia Pacific Fund drawdown is 14.34%.


Depth

Start

To Bottom

Bottom

To Recover

End

Total

-62.06%Jul 16, 2007417Mar 9, 2009539Apr 26, 2011956
-53.95%Mar 10, 2000652Oct 9, 2002863Mar 15, 20061515
-45.32%Feb 16, 2021680Oct 26, 2023558Jan 21, 20261238
-38.41%Feb 20, 202020Mar 18, 202092Jul 29, 2020112
-37.89%Apr 22, 1998119Oct 8, 1998185Jul 6, 1999304

Volatility

Volatility Chart

The chart below shows the rolling one-month volatility.


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