HDLMY - Impax International Sustainable Economy Fund Q4 2024 Commentary
2025-04-01 14:34:00 ET
Summary
- During the fourth quarter of 2024, Impax International Sustainable Economy Fund underperformed the MSCI EAFE benchmark.
- Sector performance was broadly negative within the index, led by underperformance in Materials, Health Care, Real Estate, and Consumer Staples.
- The portfolio’s underweight position in Materials added notable value, as did the overweight to Communication Services stocks.
| Performance (%) |
| Total return |
| Average annual return |
| 1M |
| 3M |
| YTD |
| 1Y |
| 3Y |
| 5Y |
| 10Y |
| SI1 |
| Institutional Class |
| -3.7 |
| -9.68 |
| 5.04 |
| 5.04 |
| 0.99 |
| 4.87 |
| 5.25 |
| 5.14 |
| Investor Class |
| -3.75 |
| -9.76 |
| 4.87 |
| 4.87 |
| 0.75 |
| 4.61 |
| 4.99 |
| 4 |
| MSCI EAFE |
| -2.27 |
| -8.11 |
| 3.82 |
| 3.82 |
| 1.65 |
| 4.73 |
| 5.2 |
| 4.92 |