Summary
- The first quarter of 2025 saw a rise in volatility as markets adjust to abrupt policy changes in the US.
- Stock selection in Japan added value in the Fund, while stock selection in Europe and exposure in Canada dragged the performance for the quarter.
- For the year, the Fund saw poor performance in some regions, notably Canada, offset modest positive performance in other regions.
Performance factors
The first quarter of 2025 saw a rise in volatility as markets adjust to abrupt policy changes in the US. While driven by events in the US, the effects were felt worldwide across nearly all assets and
Select quarterly mutual fund commentaries.
Read the full article here