Loomis Sayles, an investment management company, released its “Global Growth Fund” investor letter for the first quarter of 2026.
A copy of the letter is available to download here
The fund reported -13.09% in the first quarter, lagging the MSCI ACWI Index Net’s -3.20% return. Stock selection in the financials and information technology sectors contributed positively to relative performance. The Firm maintained a long-term investment strategy, concentrating on high-quality businesses with sustainable competitive advantages and profitable growth when available at discounts to intrinsic value.
Please review the Fund’s top five holdings to gain insights into their key selections for 2026. In its first-quarter 2026 investor letter, Loomis Sayles Global Growth Fund highlighted Tesla, Inc. (NASDAQ:TSLA). Tesla, Inc. (NASDAQ:TSLA) is a global leader in manufacturing of electric vehicles and energy generation and storage systems, and also focuses on actively investing in AI technologies and robotics.