Global Funds: Q3 Performance & Attribution
Active Global funds are facing yet another challenging year. While the average fund delivered a commendable 15.5% return through the end of Q3, the elephant in the room remains a benchmark that continues to deliver well above-average performance. The SPDR ACWI ETF returned 18.8% year-to-date, outperforming 73% of the 358 active funds in our analysis.
For more analysis, data or information on active investor positioning in your market, please get in touch with me on steven.holden@copleyfundresearch.com
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