Summary
- The Virtus Emerging Markets Opportunities Fund returned +10.55% (Class INST) for the quarter compared with the MSCI Emerging Markets Index’s return of +11.99%.
- Taiwan Semiconductor Manufacturing and SK hynix were among the strongest stock contributors.
- JD.com and Alibaba Group Holding were among the largest stock detractors.
Market Review
Emerging markets equities broadly rallied in the second quarter, posting their strongest quarterly performance since early 2021. The period began on a volatile note, sparked by U.S. President Trump’s sweeping tariff proposals. However, markets rebounded sharply on growing
Select quarterly mutual fund commentaries.
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