A multifunction writing instrument comprising a body extending along an axial direction and housing at least two writing elements, each writing element comprising a writing tip, a selector device configured to select one writing element from among the at least two writing elements, a retraction device configured to move a selected writing element between a writing position in which the writing tip of the selected writing element projects from the body and a retracted position in which the writing tip of the selected writing element is retracted, and a return device configured to bring a writing element from the writing position to the retracted position when the selector device is activated while a writing element is in the writing position.