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Stock impact report

Invesco Small Cap Growth Fund Q3 2025 Commentary [Seeking Alpha]

Galaxy Digital Inc. - Class A common stock (GLXY) 
Company Research Source: Seeking Alpha
Underperformance primarily stemmed from stock selection in the healthcare, IT and consumer discretionary sectors. Fed is expected to cut rates again amid labor market softening and slowing inflation. Longer term, we are optimistic based on robust AI capital spending, AI-led productivity gains, the potential return of strategic industries to the US and expectations for lower interest rates. Richard Drury/DigitalVision via Getty Images Key takeaways 1 Small-cap stocks had their best quarterly return since 2021 Investor enthusiasm appeared fueled by the US Federal Reserve's (Fed) pivot to easier monetary policy. 2 The fund underperformed its benchmark Underperformance This article was written by Quick Insights Stock selection in healthcare, IT, and consumer discretionary drove underperformance, while selection in financials and utilities contributed positively relative to the benchmark. I favor cyclical positioning over defensive, leveraging expectations for Fed Show less Read more
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