Aoris International Fund’s Q2 2025 Investor Letter

Aoris Investment Management, a specialist international equity manager, released its “Aoris International Fund” Q2 2025 investor letter. International equity markets, represented by the MSCI AC World Accumulation Index ex Australia, rose by 6.0% in AUD for the June quarter. In local currencies, gains were 9.3%, but currency fluctuations reduced the AUD return by 3.3%. In the June quarter, Portfolio’s Class A (Unhedged) returned 8.2% after fees compared to a 6.0% return for the benchmark. The fund’s Class C (Hedged) returned 10.1% compared to a 9.3% return for the benchmark. In addition, you can check the fund’s top 5 holdings to determine its best picks for 2025.

A copy of Aoris International Fund’s Q2 2025 investor letter can be downloaded here.