{"id":53584,"date":"2025-12-01T21:00:44","date_gmt":"2025-12-01T21:00:44","guid":{"rendered":"https:\/\/www.inovestor.com\/2025\/12\/commentaire-du-gestionnaire-de-portefeuille-sur-les-resultats-de-novembre\/"},"modified":"2025-12-01T21:00:44","modified_gmt":"2025-12-01T21:00:44","slug":"commentaire-du-gestionnaire-de-portefeuille-sur-les-resultats-de-novembre","status":"publish","type":"post","link":"https:\/\/www.inovestor.com\/fr-ca\/2025\/12\/commentaire-du-gestionnaire-de-portefeuille-sur-les-resultats-de-novembre\/","title":{"rendered":"Commentaire du gestionnaire de portefeuille sur les r\u00e9sultats de novembre"},"content":{"rendered":"<p><span data-contrast=\"auto\">November 2025 marked a continued period of gain for the Canadian and US markets. The S&amp;P\/TSX increased by 3.9%, while the S&amp;P 500 increased only by 0.2%. In contrast, the MSCI ACWI ex-USA saw no gain.  <\/span><span data-ccp-props=\"{\"335551550\":6,\"335551620\":6}\"> <\/span><\/p>\n<p><span data-contrast=\"auto\">Les mesures de rendement sur 12 mois mettent en \u00e9vidence que le S&amp;P\/TSX a d\u00e9sormais d\u00e9pass\u00e9 le S&amp;P 500 avec un gain annuel de 25,7 %. Le MSCI ACWI ex-USA affiche toutefois le gain annuel le plus \u00e9lev\u00e9 des trois, \u00e0 26,7 %. Les deux indices continuent de surperformer le S&amp;P 500, qui a enregistr\u00e9 un rendement sur un an de 15,0 %.  <\/span><span data-ccp-props=\"{\"335551550\":6,\"335551620\":6}\"> <\/span><\/p>\n<p><span data-contrast=\"auto\">L\u2019indice NQICAT a surperform\u00e9 le march\u00e9 dans son ensemble, avec une hausse mensuelle de 4,7 % en novembre, mais a sous-perform\u00e9 sur une base annuelle avec un rendement de 7,9 %.<\/span><span data-ccp-props=\"{\"335551550\":6,\"335551620\":6}\"> <\/span><\/p>\n<p><span data-contrast=\"auto\">L\u2019analyse sectorielle pour le mois de novembre a mis en lumi\u00e8re les meilleurs et les moins bons r\u00e9sultats. Les secteurs des mat\u00e9riaux, des produits de base de consommation et de l\u2019\u00e9nergie ont men\u00e9 les hausses, avec des progressions respectives de 14,6 %, 9,1 % et 8,5 %. \u00c0 l\u2019inverse, les technologies de l\u2019information, la sant\u00e9 et l\u2019industriel ont affich\u00e9 les plus faibles rendements, avec des baisses de -5,5 %, -5,3 % et -1,3 % respectivement.  <\/span><span data-ccp-props=\"{\"335551550\":6,\"335551620\":6}\"> <\/span><\/p>\n<p><span data-contrast=\"auto\">Au sein de l\u2019indice NQICAT, les trois plus fortes hausses ont \u00e9t\u00e9 enregistr\u00e9es par Dundee Precious Metals Inc. (DPM.TO), qui a progress\u00e9 de +30,0 %, tandis que Mineros S.A. (MSA.TO) et Quebecor Inc. (QBR.B.TO) ont gagn\u00e9 respectivement +18,2 % et +17,7 %. \u00c0 l\u2019oppos\u00e9, Hammond Power Solutions Inc. (HPS-A.TO) a affich\u00e9 le plus faible rendement avec une baisse de -19,0 %, suivie de goeasy Ltd. (GSY.TO) \u00e0 -17,0 % et de Constellation Software Inc. (CSU.TO) \u00e0 -8,4 %. <\/span><span data-ccp-props=\"{\"335551550\":6,\"335551620\":6}\"> <\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>November 2025 marked a continued period of gain for the Canadian and US markets. The S&amp;P\/TSX increased by 3.9%, while the S&amp;P 500 increased only by 0.2%. In contrast, the MSCI ACWI ex-USA saw no gain. Les mesures de rendement sur 12 mois mettent en \u00e9vidence que le S&amp;P\/TSX a d\u00e9sormais d\u00e9pass\u00e9 le S&amp;P 500 [&hellip;]<\/p>\n","protected":false},"author":35,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[781],"tags":[],"class_list":["post-53584","post","type-post","status-publish","format-standard","hentry","category-portefeuilles-modeles"],"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>Commentaire du gestionnaire de portefeuille sur les r\u00e9sultats de novembre - 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\/fr-ca\/2025\/12\/commentaire-du-gestionnaire-de-portefeuille-sur-les-resultats-de-novembre\/\" \/>\n<meta property=\"og:locale\" content=\"fr_CA\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Commentaire du gestionnaire de portefeuille sur les r\u00e9sultats de novembre\" \/>\n<meta property=\"og:description\" content=\"November 2025 marked a continued period of gain for the Canadian and US markets. 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