Summary
- During 2Q25, the GS GQG Partners International Opportunities Fund underperformed the MSCI ACWI ex-USA (Net) benchmark by 499 basis points net of fees.
- From a sector perspective, Q2 relative performance was negatively impacted by an overweight to and selection within Energy.
- From a regional perspective, the Fund’s stock selection in Europe (ex-UK) was the largest detractor.
juststock/iStock via Getty Images
Market Overview
During the 2Q25 period, the MSCI ACWI increased 11.53% with nine of the 11 sectors exhibiting a positive return. The largest drivers of the benchmark’s gain were Information Technology (+23.4%, contributing 560 bps to the performance of the
Select quarterly mutual fund commentaries.
Credit: Source link
