Loomis Sayles, an investment management company, released its “International Growth Fund” third quarter 2024 investor letter. The fund returned 13.10% vs. 8.06% for the MSCI ACWI Ex USA Index (Net) in the quarter. Stock selection in consumer discretionary, information technology, financials, consumer staples, and communication services sector, as well as allocations to the consumer discretionary and consumer staples sectors, all positively impacted the fund’s relative performance. In addition, please check the fund’s top five holdings to know its best picks in 2024.
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