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CEVMF - Franklin International Growth Equity ADR SMA Q1 2025 Commentary
CTS Eventim AG & Co KGAA
2025-05-04 08:15:00 ET
Summary
International equities collectively delivered strong returns during the first quarter of 2025, with most of the gains occurring at the start of the year amid a generally solid economic backdrop.
Amid increasing investor concerns about US economic growth and President Trump’s tariff plans, which triggered a decline in US equities, international stock markets remained relatively resilient over the rest of the period.
We design our portfolio to capture a diversified range of growth drivers and economic exposures throughout the global economy that we believe helps reduce risk over the long term.