Six Circles Managed Equity Portfolio International Unconstrained Fund

SIX CIRCLES TRUST · Series S000063725 · 1 share classes

Equity fund · 99% stocks
One fund, 1 share classes:CMIUX
$12.97B NAV
1,856 positions · as of 2026-03-31 · filed 2026-05-28
data updated 2026-08-10

Fund profile

As filed in the prospectus · 2026 Q2

The Fund seeks to provide capital appreciation.

Strategy · summarised

The fund's adviser allocates assets among non-U.S. equity indexes and individual securities, with BlackRock as sub-adviser executing daily investment decisions to replicate the performance of the selected indexes and securities. The fund is non-diversified and may concentrate holdings in fewer issuers. Because the fund samples indexes rather than holding all constituents, its performance may diverge from the indexes it seeks to track.

Expenses
0.10%one share class
Share classGrossNet
CMIUX0.30%0.10%

Net is what a holder pays after the adviser's contractual waiver; gross is before it. A waiver can expire.

Portfolio turnover 40.24% · as of 2026 Q2

Allocation

Asset groups · long / short shown separately, never netted · 2026 Q1

99.57%
of net assets
Stocks98.51%
Derivatives0.85%
Real assets0.20%

Derivatives are shown at market value, not notional exposure.

Latest quarter

What changed since the fund's previous filing

vs 2025Q4: 28 new157 exited

Largest new: ROCHE HOLDING AG /CHF, F/C EURO STOXX 50 JUN26, RECKITT BENCKISER GROUP /GBP, SUNB, BAWAG GROUP AG /EUR, ITALGAS SPA /EUR, CSG NV /EUR, AYVENS SA /EUR

Largest exited: ROCHE HOLDING AG-GENUSSC /CHF, F/C EURO STOXX 50 MAR26, F/C FTSE 100 IDX FUT MAR26, RECKITT BENCKISER GROUP /GBP, ASHTEAD GROUP PLC /GBP, F/C STOXX EUROPE 600 MAR26, F/C MSCI EMGMKT MAR26, F/C TOPIX INDX FUTR MAR26

Return profile

Total return as filed — price change plus distributions reinvested · trailing figures to Feb 2026

1-year
3-year
5-year
Volatility
Worst 3-yr fall
Cumulative return· Apr 2023 – Feb 2026

Mar 2026 has been filed since the trailing figures were struck, so it is not in the table above or the curve — every figure here shares one cut-off, which is what makes them comparable with other funds.

Holdings

By % of NAV · equity positions carry filed share counts · every resolvable issuer links to its company page

Issuer%NAVValue
ASML HOLDING NV /EURASMLF3.09%$400.43M
HSBC HOLDINGS PLC /GBPHBCYF2.97%$385.49M
BRITISH AMERICAN TOBACCO /GBPBTAFF2.21%$287.27M
DEUTSCHE TELEKOM AG-REG /EURDTEGF2.18%$282.49M
SIEMENS ENERGY AG /EURSMEGF2.12%$275.45M
ROLLS-ROYCE HOLDINGS PLC /GBPRYCEF2.12%$274.43M
SAP SE /EURSAPGF1.79%$232.81M
ASTRAZENECA PLC /GBPAZN1.77%$230.11M
NOVARTIS AG-REG /CHFNVSEF1.71%$221.91M
ROCHE HOLDING AG /CHFRHHVF1.64%$213.15M
Showing 10 of 1,856Sign in to see more

Top 10 positions are 21.61% of net assets, top 25 38.78%, across 1.8K issuers.

See more of this fund's book

More positions with filed share counts, and the quarter-over-quarter change list rather than the largest few — free with an account, no card required.

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