A research produced by
Trimark Global Endeavour Fund declined 1.89% gross of fees over the first quarter of 2016. This compares with a return of -6.00% (C$) for the Fund’s benchmark, the MSCI World Mid Cap Index, over the same period. The Fund’s relative performance was primarily the result of its high cash weighting, which mitigated the negative impacts of a declining equity market. The Fund’s holdings in the consumer discretionary and information technology sectors were also positive contributors to performance, outperforming those of the benchmark over the period.
Source : Invesco
