Navigating Global Markets: A Strategic Advantage for Long-Term Growth

Exceptional Performance in Q4 2025: Surpassing Benchmarks and Peers

The Invesco Global Fund Class A shares demonstrated remarkable outperformance against the MSCI ACWI Growth Index throughout the fourth quarter of 2025. This strong showing positioned the fund within the top 10th percentile (specifically, 31 out of 314 funds) of the Morningstar Global Large-Stock Growth category, highlighting its superior returns compared to its counterparts.

Global Equity Dynamics: Regional Strengths and Sector Shifts

Global equity markets experienced a general upswing during the quarter, with significant contributions from emerging markets and European equities. This positive trend was predominantly fueled by technology-driven gains in Asia, which effectively counteracted a late-quarter softening in US technology stocks. Such diverse performance across regions underscored the importance of a globally diversified portfolio.

Looking Ahead to 2026: Favorable Conditions for Equity Growth

The outlook for global equities in 2026 remains optimistic. Analysts anticipate a supportive macroeconomic environment, characterized by stable growth and favorable policy interventions. Furthermore, an expected easing of monetary policies is poised to provide additional tailwinds, creating a conducive landscape for continued capital appreciation. These factors collectively contribute to a constructive long-term perspective for the fund's holdings.