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FXY - Invesco Global Focus Fund Q1 2025 Commentary
Invesco CurrencyShares Japanese Yen Trust
2025-05-13 08:20:00 ET
Summary
Class A shares outperformed the MSCI ACWI Growth Index and ranked in the 66th percentile of the Morningstar Global Large Stock Growth category for the first quarter.
US markets declined due to policy uncertainty and challenges to high-valuation technology stocks after news of artificial intelligence advances in China.
Growth equities were hindered by rising recession and stagflation risks.
The fund is positioned for long-term results and not for a specific market regime.