Here’s How Cooper Investors Global Equities Fund Gained from Costco Wholesale Corporation (COST) Investment

Cooper Investors, an investment management firm, released its “Cooper Investors Global Equities Fund” third quarter 2023 investor letter. A copy of the same can be downloaded here. The fund returned -0.48% in the third quarter, compared to a -0.37% return for the benchmark MSCI ACWI. Global stocks closed lower at quarter-end due to rising bond yields, higher energy prices, and a strong dollar, which are typically unfriendly for equities. In addition, please check the fund’s top five...