Evli USA Growth Fund emerged as Finland's best-performing active investment fund* and US equity fund in 2024. Evli continues to overweight US equities in its asset allocation.
US equities dominated among best performing funds last year. The Evli USA Growth Fund emerged as Finland's best-performing active investment fund in 2024 and the top-performing US equity fund**. The fund is a systematically managed active equity fund that invests in large US growth companies.
"The Evli USA Growth Fund's investment strategy is systematic and resilient. We combine academic research with our own analysis to capitalize on the compelling opportunities offered by US growth stocks. Our investment strategy focuses on quality growth - companies that are profitable, invest in research and development, and grow faster than expectations," summarizes Peter Lindahl, Head of Systematic Funds at Evli.
US stocks currently face significant growth prospects and expectations from investors. Following last year's recession concerns, the US economy has remained stable, household balance sheets are strong, and corporate earnings growth is positive. Growth is particularly supported by robust consumer demand, the significant weight of the technology sector, an accelerating AI trend, and declining inflation.
"We find the pace of development in the AI field particularly interesting. Market entry for new AI players is now easier than ever, which accelerates product innovation, availability, and adoption of generative AI. This development shows we've moved beyond a world dominated by semiconductor companies in the AI market and entered a new phase where software and service companies thrive," Lindahl explains.
"Software companies especially benefit from falling costs, as corporate customers can adopt the new technology with a lower threshold than before. Meanwhile, smaller players have better opportunities to compete against large corporations, which may challenge the dominant position of many Magnificent 7 companies in the AI market. Investors should now direct their attention to AI players beyond these tech giants," Lindahl concludes.
Evli USA Growth focuses on large growth companies in the United States, with special emphasis on companies that demonstrate strong growth potential and regularly exceed growth expectations. As the fund's assets are invested in equities or equity-linked securities, the fund unit value can fluctuate very abruptly within a short period. The fund's investments focus on a specific geographical area, which means that the fund's investments are subject to country risk. The fund's investments also carry an exchange rate risk. Further information on risks is available in the fund prospectus.
Read more about the fund: Evli | Evli USA Growth
Further Information
Peter Lindahl, Head of Systematic Funds & Solutions, Evli, tel. +358 9 4766 9317, peter.lindahl@evli.com
* Traditional (UCITS) funds.
** Source: Fund Report December 31, 2024. The fund (share class B) delivered a return of 38.25 percent from January 1, 2024, to December 31, 2024 and from the beginning of operations (September 6, 2022 to December 31, 2024) 58.03 percent before the charge of management fee.
Past performance is not a guarantee of future returns. Returns are stated as gross returns, from which management fees (0.75% annually) are deducted.
This page provides general product information and is marketing communication. Past performance is not a guarantee of future returns. The value of investments can rise and fall, and investors may lose part or all of their invested capital. The content should not be considered investment advice nor should investment decisions be made based on it. Before making an investment decision, please familiarize yourself with the fund's statutory documents, such as fund rules, key information document, and fund prospectus. The funds' statutory documents and additional information are available on product-specific pages and at www.evli.com/funds.