PGIM Jennison Growth Fund Q2 2024 Performance Analysis
Tuesday, 27 August 2024, 15:30
PGIM Jennison Growth Fund Q2 2024 Performance Analysis
For the quarter, the PGIM Jennison Growth Fund returned 6.2%, underperforming the Russell 1000 Growth Index, which rose 8.3%. Key factors contributing to this performance include market volatility and sector allocation shifts.
Factors Influencing Returns
- Market Conditions: Fluctuations in market trends significantly impacted the fund's performance.
- Sector Allocation: Certain sectors showed stronger growth, affecting overall returns.
- Fund Management: Strategic decisions made by fund managers played a critical role.
Investors are urged to stay informed on these developments for better decision-making on future investments.
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.