Invesco Discovery Fund Q1 2025 Commentary
Source: SeekingAlpha
2025-05-13 03:25:00 ET
Summary
- The fund lagged its benchmark in the first quarter.
- Performance was driven primarily by stock selection.
- Markets had a strong start, peaking in mid-February, before a sell-off.
- The reversal was largely driven by tariff uncertainty, mixed earnings results, economic and inflation concerns, and challenges to the artificial intelligence secular growth narrative.
- Technology-driven innovation has continued to disrupt large portions of the global economy, providing in our view substantial opportunity through investment in premier growth compounders.
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Invesco Discovery Fund Q1 2025 Commentary
Invesco Global Water ETF
NASDAQ: PIO
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