Bell Asset Management, an investment management company, released its Q4 2024 “Bell Global Equities Fund” investor letter. A depreciating Australian Dollar boosted returns for local investors, concluding another successful year for equity investors. The MSCI World ex-Australia Index rose 2.6% over December, while the Bell Global Equities Fund (Platform Class) returned 2.8%, outpacing the Index by 0.2%. Annually, absolute returns were strong, with the Fund (Platform Class) appreciating by 21.7%, though it lagged the MSCI World ex-Australia Index, which increased by 31.2%. In addition,...
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