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For the final quarter of 2024, the fund's Retail Class shares returned -8.41%, modestly trailing the -8.09% result of the benchmark MSCI EAFE Index (Net MA).
Economic concerns also were a factor weighing on U.K. stocks, as were rising bond yields.
The fund owns many foreign companies with significant U.S. exposure that should see a nice tailwind from a resurgent investment cycle there in the coming years.