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EPOAY - Invesco Oppenheimer International Growth Fund Q1 2025 Commentary
Epiroc AB ADR (Representing Class A Shares)- New
2025-05-11 01:38:00 ET
Summary
During the quarter, apparent uncertainty about US industrial, tax and trade policy appeared to dampen equity market performance, particularly in the US.
The fund outperformed most in the real estate sector due to its typical underweight allocation and underperformed most in the health care, materials and consumer staples sectors due to stock selection.
We initiated six new positions in the first quarter and can now also discuss three positions initiated in the fourth quarter of 2024.
