ARNNY - Columbia Overseas Value Fund Q4 2024 Commentary
2025-02-25 07:30:00 ET
Summary
- Columbia Overseas Value Fund outperformed its benchmark in Q4 2024, returning -6.29% versus the MSCI EAFE Value Index's -7.12%, driven by positive security selection and country allocation.
- Developed-market equities outside the U.S. were significantly impacted by a strong U.S. Dollar, leading to a -8.01% return for U.S.-based investors despite local gains.
- Top contributors included Diversified Energy, Imperial Brands, and Sumitomo Mitsui Financial, while JD Sports, E.ON, and UPM-Kymmene Oyj were notable detractors.
- Looking ahead, high valuations, speculative behavior, slowing economic growth, and rising interest rates are expected to pose significant challenges to global equity markets.
Average annual total returns (%) for period ending December 31, 2024
Columbia Overseas Value Fund |
3-mon. |
1-year |
3-year |
5-year |
10-year |
Institutional Class |
-6.29 |
4.74 |
4.57 |
4.82 |
5.89 |
Class A without sales charge |
-6.25 |
4.50 |
4.31 |
4.57 |
5.63 |
Class A with 5.75% maximum sales charge |
-11.66 |
-1.48 |
2.26 |
3.33 |
5.00 |
MSCI EAFE Value Index - Net |
-7.12 |
5.68 |
5.88 |
5.09 |
4.31 |