About GGGAX
Gabelli Global Growth Fund Class A is an actively managed mutual fund focused on delivering capital appreciation for investors, with current income as a secondary objective. The fund invests predominantly in common stocks of companies identified by its management team as having the potential for rapid growth in revenues and earnings or being undervalued. It maintains a globally diversified portfolio, allocating at least 65% of total assets to equities and ensuring that at least 40% of assets are invested in securities of non-U.S. issuers, spanning issuers across a minimum of three countries.
The fund's holdings encompass a blend of large, mid, and small-cap companies, with an emphasis on global growth sectors such as technology, consumer discretionary, healthcare, and communication services. Notable portfolio positions include leading multinational firms like NVIDIA, Microsoft, Amazon, and Meta Platforms. Known for its disciplined growth-oriented approach, Gabelli Global Growth Fund Class A navigates both domestic and international markets, aiming to capitalize on emerging trends and market leadership. With a relatively low expense ratio and a performance record benchmarked against the MSCI All Country World Index, this fund plays a significant role for investors seeking exposure to growth opportunities worldwide while managing the inherent volatility of global equity markets.
Fund Family Gabelli
Category World Large-Stock Growth
Performance Rating Above Average
Risk Rating Above Average
Stock Exchange NASDAQ
Ticker Symbol GGGAX
Share Class Class A
Index MSCI AC World NR USD
GGGAX had a total return of -3.73% in the past year, including dividends. Since the fund's
inception, the average annual return has been 9.84%.
