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home / news releases / LRLCY - BNY Mellon Global Stock Fund Q4 2024 Commentary

LRLCY - BNY Mellon Global Stock Fund Q4 2024 Commentary

L`Oreal ADR

2025-02-19 14:23:00 ET

Summary

  • The BNY Mellon Global Stock Fund underperformed the MSCI World Index for the fourth quarter of 2024.
  • International equity markets finished off the year on a downbeat note, particularly in US dollar terms, given the strength of the ‘greenback’.
  • From a sector perspective, the fund’s consumer discretionary holdings lagged their sector index and were key relative detractors during the quarter.

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For further details see:

BNY Mellon Global Stock Fund Q4 2024 Commentary

Stock Information
Company Name: L`Oreal ADR
Stock Symbol: LRLCY
Market: OTC
Website: loreal.com
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