{"id":53370,"date":"2025-06-01T16:08:05","date_gmt":"2025-06-01T16:08:05","guid":{"rendered":"https:\/\/www.inovestor.com\/?p=53370"},"modified":"2025-08-04T16:18:40","modified_gmt":"2025-08-04T16:18:40","slug":"portfolio-managers-comment-for-may-results","status":"publish","type":"post","link":"https:\/\/www.inovestor.com\/en-ca\/2025\/06\/portfolio-managers-comment-for-may-results\/","title":{"rendered":"Portfolio Manager\u2019s Comment for May Results"},"content":{"rendered":"<p>May 2025 marked a continued period of gains for the Canadian and US markets. The S&amp;P\/TSX increased by 5.6%, while the S&amp;P 500 increased by 6.3%. In contrast, the MSCI ACWI ex-USA increased 4.7%.<\/p>\n<p>The 12-month performance metrics highlighted the S&amp;P\/TSX has now outpaced the S&amp;P 500 with a 21.0% annual gain, compared to the MSCI ACWI ex-USA\u2019s 14.4%. Both indices continue to outperform the S&amp;P 500, which recorded a 13.5% one-year return.<\/p>\n<p>The NQICAT index underperformed the broader market, registering a monthly increase of 4.5% in May and a 7.3% annual performance.<\/p>\n<p>Sector-level analysis for May identified the best and worst performers. Industrials, Consumer Discretionary, and IT led the gains, rising by 8.8%, 8.8%, and 7.5%, respectively. Conversely, Health Care, Utilities, and Consumer Staples experienced the lowest returns, falling by -3.0%, 1.9%, and 1.8% respectively.<\/p>\n<p>Within the NQICAT, the top three gains were found in BRP INC (DOO.TO), which rose by +29.4%, while Stella Jones Inc (SJ.TO) and National Bank of Canada (NA.TO) gained +14.8% and +12.5%, respectively. On the other hand, goeasy ltd. (GSY.TO) experienced the lowest return with a decline of -4.0%, followed by Labrador Iron Ore Rty Corporation (LIF.TO) at -3.0% and Alimentation Couche-Tard (ATD.TO) at -1.1%.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>May 2025 marked a continued period of gains for the Canadian and US markets. The S&amp;P\/TSX increased by 5.6%, while the S&amp;P 500 increased by 6.3%. In contrast, the MSCI ACWI ex-USA increased 4.7%. The 12-month performance metrics highlighted the S&amp;P\/TSX has now outpaced the S&amp;P 500 with a 21.0% annual gain, compared to the [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[55],"tags":[],"class_list":["post-53370","post","type-post","status-publish","format-standard","hentry","category-modelportfolio"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v24.3 (Yoast SEO v27.1.1) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Portfolio Manager\u2019s Comment for May Results - Inovestor<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.inovestor.com\/en-ca\/2025\/06\/portfolio-managers-comment-for-may-results\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Portfolio Manager\u2019s Comment for May Results\" \/>\n<meta property=\"og:description\" content=\"May 2025 marked a continued period of gains for the Canadian and US markets. The S&amp;P\/TSX increased by 5.6%, while the S&amp;P 500 increased by 6.3%. In contrast, the MSCI ACWI ex-USA increased 4.7%. 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