Monday, September 4, 2017

Despite Weaker Dollar - Marquette's AIM International Equity Fund Has Produced Strong Absolute and Relative Returns During the Past 12 Months

Marquette AIM Students Have Seen Returns Grow by 9.19% in the AIM International Fund Since April 1st.  The Classes of 2017 and 2018 Made a Smooth Transaction. 

The Marquette AIM Class of 2018 has seen the AIM International Fund grow by nearly 920 basis points of return since April 1, 2017. This lags the Russell Global xUS, but exceeds the S&P ADR benchmark by nearly 180 bps. 




The following table indicates that over the past 12 months that the AIM International Fund has exceed two of the three benchmarks used to evaluate the performance of a non-US equity fund. The AIM International Fund has exceeded the S&P ADR by 317 basis points over the 1-year period ending on 6/30/17 - who says active management is dead!



AIM International Holdings as of 7/31/2017
Name Ticker Sector Business Country
Argo Group International Holdings Ltd AGII Financial Services Bermuda
Assured Guaranty Ltd AGO Financial Services United Kingdom
Atos SE ADR AEXAY Technology France
Autoliv Inc ALV Consumer Cyclical Sweden
Aviva PLC ADR AVVIY Financial Services United Kingdom
BAE Systems PLC ADR BAESY Industrials United Kingdom
Brookfield Property Partners LP BPY Real Estate Canada
Caesarstone Ltd CSTE Basic Materials Israel
Cameco Corp CCJ Basic Materials Canada
Canadian Solar Inc CSIQ Technology Canada
Carnival PLC ADR CUK Consumer Cyclical United Kingdom
Check Point Software Technologies Ltd CHKP Technology Israel
China Biologic Products Holdings Inc CBPO Healthcare China
China Mobile Ltd ADR CHL Communication Services China
Chubb Ltd CB Financial Services Switzerland
Controladora Vuela Compania de Aviacion SAB de CV ADR A VLRS Industrials Mexico
Credicorp Ltd BAP Financial Services Peru
Danone SA ADR DANOY Consumer Defensive France
Delphi Automotive PLC DLPH Consumer Cyclical United Kingdom
Diageo PLC ADR DEO Consumer Defensive United Kingdom
Dominion Diamond Corp DDC Basic Materials Canada
Enbridge Inc ENB Energy Canada
Fibria Celulose SA ADR FBR Basic Materials Brazil
FirstService Corp FSV Real Estate Canada
Fomento Economico Mexicano SAB de CV ADR FMX Consumer Defensive Mexico
Gildan Activewear Inc GIL Consumer Cyclical Canada
Golar LNG Ltd GLNG Industrials Ghana
Grupo Aeroportuario del Pacifico SAB de CV ADR PAC Industrials Mexico
Grupo Supervielle SA ADR SUPV Financial Services Argentina
Grupo Televisa SAB ADR TV Consumer Cyclical Mexico
Heineken NV ADR HEINY Consumer Defensive Netherlands
Iberdrola SA ADR IBDRY Utilities Spain
Icon PLC ICLR Healthcare Canada
IHS Markit Ltd A INFO Industrials United Kingdom
Imax Corp IMAX Consumer Cyclical Canada
Infineon Technologies AG ADR IFNNY Technology Germany
iShares Global Healthcare ETF IXJ    
iShares MSCI ACWI ex US ETF ACWX    
Jazz Pharmaceuticals PLC JAZZ Healthcare United Kingdom
KONE Oyj ADR KNYJY Industrials Finland
Lazard Ltd Shs A LAZ Financial Services France
L'Oreal SA ADR LRLCY Consumer Defensive France
Lululemon Athletica Inc LULU Consumer Cyclical United States
MARSHALL GOVT MONEY MARKET MGNXX    
MercadoLibre Inc MELI Consumer Cyclical Brazil
National Grid PLC ADR NGG Utilities United Kingdom
NICE Ltd ADR NICE Technology Israel
Nidec Corp ADR NJDCY Industrials Japan
Open Text Corp OTEX Technology Canada
PT Bank Mandiri (Persero) Tbk ADR PPERY Financial Services Indonesia
Reckitt Benckiser Group PLC ADR RBGLY Consumer Defensive United Kingdom
SAP SE ADR SAP Technology Germany
Sberbank of Russia PJSC ADR SBRCY Financial Services Russian Federation
Schneider Electric SE ADR SBGSY Industrials France
Shinhan Financial Group Co Ltd ADR SHG Financial Services South Korea
Sibanye Gold Ltd ADR SBGL Basic Materials South Africa
Suncor Energy Inc SU Energy Canada
Syneron Medical Ltd ELOS Healthcare Israel
Talend SA ADR TLND Technology France
The Toronto-Dominion Bank TD Financial Services Canada
Total SA ADR TOT Energy France
Transportadora de Gas del Sur SA ADR TGS Utilities Argentina
Travelport Worldwide Ltd TVPT Consumer Cyclical Canada
Vedanta Ltd ADR VEDL Basic Materials India
Vodafone Group PLC ADR VOD Communication Services United Kingdom
WNS (Holdings) Ltd ADR WNS Industrials United Kingdom
XL Group Ltd XL Financial Services Bermuda