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Stock impact report

Azvalor Asset Management H2 2025 Letter [Seeking Alpha]

Canadian Natural Resources Limited (CNQ) 
Last canadian natural resources limited earnings: 3/5 05:00 am Check Earnings Report
US:NYSE Investor Relations: cnrl.com/investor-information
Company Research Source: Seeking Alpha
Our International fund, which represents approximately 70% of the firm's assets under management, has already more than tripled in value since its launch ten years ago. On the operational front, in October, we announced the launch of our tokenised investment fund within the CNMV's regulatory sandbox. The net asset value of Azvalor Iberia increased by +31% in 2025, reaching EUR 196, and by year-end had accumulated a return of +96% since launch. Ana Stankovic/iStock via Getty Images Dear co-investor, We closed 2025 with a satisfactory annual growth of around +20% in our international products and slightly higher returns in the Iberian fund. Our International fund, which represents approximately 70% of the firm's assets under management, has already more than tripled in value since its launch ten years ago. As is often the case following an outburst of opinions on headline topics (AI, geopolitics, and—more recently—gold and silver prices), we prefer to remain on the sideline Show less Read more
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