Shelton International Select Equity Fund Q3 2024 Commentary: Analysis and Performance Review
Performance Overview
For Q3 2024, the Shelton Capital International Select Fund reported a return of 7.91%, which was below the benchmark target of the MSCI AC World ex-US index. This underperformance highlights the challenges faced by the fund in achieving competitive returns amidst fluctuating market conditions.
Key Performance Drivers
- The fund's sector allocations significantly impacted its performance.
- Currency fluctuations also played a role in the overall returns.
- Active management decisions were aimed at positioning the fund for future growth opportunities.
Strategic Outlook
Looking ahead, the management emphasizes a focus on specific regions and sectors that present greater upside potential. By carefully selecting investments, the fund aims to improve its standing against benchmarks in the upcoming quarters.
This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.