Polaris International Equity Composite Q2 2025 Commentary

2025

Annualized as of June 30, 2025

YTD

QII

QI

1 Yr

3 Yrs

5 Yrs

10 Yrs

Since

6/30/1984

Polaris Intl. Equity Composite (net of fees)

18.82%

12.40%

5.72%

14.72%

14.74%

11.90%

6.06%

10.15%

Polaris Intl. Equity Composite (gross of fees)

19.13%

12.55%

5.85%

15.30%

15.31%

12.46%

6.61%

10.95%

MSCI EAFE Index, gross dividends reinvested

19.92%

12.07%

7.01%

18.33%

16.55%

11.71%

7.03%

8.90%