Six Circles Managed Equity Portfolio International Unconstrained Fund
Actively managed developed international stock fund
As of its 2026 Q2 report, Six Circles Managed Equity Portfolio International Unconstrained Fund held 1,786 positions with $14.59B in net assets. Its ten largest holdings made up 23.4% of the fund. The CMIUX share class costs 0.1% a year. Over the 12 months to May 2026, CMIUX returned 22.4%, with dividends reinvested. In 2026 Q2 it added 29 new positions and exited 99.
The Fund seeks to provide capital appreciation.
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.
What you own
| Company | Weight | Value | Shares | Reported price |
|---|---|---|---|---|
ASMLFASML HOLDING NV /EUR | 4.28% | $625.04M | 315.6K | $1,980.18 |
HBCYFHSBC HOLDINGS PLC /GBP | 3.42% | $498.98M | 26.4M | $18.91 |
RYCEFROLLS-ROYCE HOLDINGS PLC /GBP | 2.55% | $372.45M | 19.4M | $19.17 |
BTAFFBRITISH AMERICAN TOBACCO /GBP | 2.43% | $355.03M | 5.7M | $61.88 |
SMAWFSIEMENS AG-REG /EUR | 2.08% | $303.72M | 944.7K | $321.51 |
BAESFBAE SYSTEMS PLC /GBP | 1.93% | $281.72M | 11.5M | $24.51 |
TSMWFTAIWAN SEMICONDUCTOR MAN /TWD | 1.84% | $269.17M | 3.4M | $78.89 |
SMEGFSIEMENS ENERGY AG /EUR | 1.65% | $240.25M | 1.3M | $190.64 |
NSRGFNESTLE SA-REG /CHF | 1.62% | $236.35M | 2.3M | $102.57 |
RHHVFROCHE HOLDING AG /CHF | 1.61% | $234.82M | 571.2K | $411.09 |
Reported price is the fund's own reported value divided by its own reported shares at 2026-06-30 — not a live quote, and not what the fund paid.
The 200 largest of 1,786 holdings, with the share counts as filed, open with a free account.
What the fund is made of
Percentages are of fund net assets. Rounding, liabilities and short positions can make totals differ from 100%.
| Stocks | 99.04% |
| Derivatives | 0.36% |
| Real assets | 0.22% |
Derivatives are shown at market value, not notional exposure.
By sector
- International
- 86.8%
- Financials
- 7.1%
- Information Technology
- 2.6%
- Health Care
- 1.4%
- 9 other sectors
- 2.1%
- International
- 86.8%
- Financials
- 7.1%
- Information Technology
- 2.6%
- Health Care
- 1.4%
- Energy
- 0.6%
- Consumer Discretionary
- 0.4%
- Industrials
- 0.4%
- Communication Services
- 0.2%
- Consumer Staples
- 0.1%
- Real Estate
- 0.1%
- Materials
- 0.1%
- Utilities
- 0.1%
- Other
- 0.0%
How it has done
CMIUX share class · total returns with dividends reinvested
Volatility over the last 12 months: 13.52%. Past returns are a record, not a forecast.
Jun 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.
Fees & fund details
Six Circles Managed Equity Portfolio International Unconstrained Fund is an actively managed developed international equity fund.
- Asset class
- Equity
- Region
- Developed international
- Management
- Actively managed
- Fund type
- Open-end fund
- Features
- Non-diversified
- Expense ratio, by class
- 0.10%· CMIUX 0.10%
- Portfolio turnover
- 40.24% a year · as of 2026 Q2
Net is what a holder pays after the adviser's contractual waiver; gross is before it. A waiver can expire.
Turnover is how much of the portfolio was replaced in a year.
Classified from what the fund holds, not from its name · 2026 Q2. The summary is a paraphrase of the prospectus; the objective is verbatim.
What changed this quarter
Positions that entered or left the fund since its previous filing. Positions that were only resized are not listed.
29 new· the largest 8
99 exited· the largest 8
Understand how this fund fits with the rest.
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