The AIM Small Cap and International Equity Funds
Posted Excellent Returns in May and YTD for 2020
As shown below, both of the Marquette University student-managed equity funds had very strong results for May 2020. The Small Cap Fund returned 9.17% versus 6.51% for the benchmark, and similarly the International Equity Fund generated 6.94% versus 3.61% for its benchmark. While on a YTD basis both funds have negative returns, they are besting their benchmarks.
Before the students ended the semester, they adjusted the portfolios to reflect a continued slow return to normalcy. They have overweight positions in Technology and Consumer Staples, and underweight positions in Energy and Consumer Discretionary.