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home / news releases / NU - Polen Emerging Markets Growth Portfolio Q4 2024 Commentary

NU - Polen Emerging Markets Growth Portfolio Q4 2024 Commentary

Nu Holdings Ltd. Class A

2025-03-11 00:25:00 ET

Summary

  • Emerging market equity returns, as measured by the MSCI Emerging Markets Index, were negative over the period, mainly pulled down by weaker performance in India, Korea, and Brazil.
  • Over the fourth quarter, the portfolio returned -5.80% gross of fees and -6.00% net of fees, outperforming the MSCI Emerging Markets Index, which returned -8.01%.
  • We initiated one new position over the quarter, sold out of one, and made minor adjustments to existing holdings.

Original Post

Editor's Note: The summary bullets for this article were chosen by Seeking Alpha editors....

For further details see:

Polen Emerging Markets Growth Portfolio Q4 2024 Commentary

Stock Information
Company Name: Nu Holdings Ltd. Class A
Stock Symbol: NU
Market: NYSE
Website: nubank.com.br
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