Summary
- The Victory RS International Fund returned +11.64% (Class A Shares at net asset value) for the period, while its benchmark, the MSCI EAFE Index, returned +11.78%.
- The RS Global team’s proprietary QVS Model evaluates over 10,000 global companies in search of the best investment opportunities.
- Trade-related uncertainty continues to frustrate investors, inhibiting business investment and impairing the ability of companies to offer meaningful guidance.
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Market Review
International Equities (as measured by the MSCI EAFE Index) gained 11.78% in the second quarter of 2025, continuing their advance despite uncertain U.S. trade policy and escalating conflicts in the Middle East. Shares declined sharply in reaction to
Select quarterly mutual fund commentaries.
