AVTR - abrdn Healthcare Opportunities Fund Q1 2025 Commentary
2025-05-30 11:35:00 ET
Summary
- The equity portion of the Fund rose (gross of fees) but underperformed its benchmark over the quarter.
- During the first quarter of 2025, we made several changes to the portfolio.
- Against a backdrop of lingering inflationary pressures and a relatively buoyant labour market, the US Fed maintained the target range for the federal funds rate at 4.25–4.50% during the quarter.
Fund performance
The equity portion of the Fund rose (gross of fees) but underperformed its benchmark over the quarter.[1]...
abrdn Healthcare Opportunities Fund Q1 2025 Commentary