The Saratoga International Equity Portfolio posted negative performance during the first quarter of 2018. On a regional basis the Portfolio benefited from favorable stock selection in Japan, led by top performers in the Energy sector. Developed Europe and China were the largest underperforming regions; German specialty chemicals firm and a Chinese social platform in the regions. On a sector basis, Energy holdings were the best performers on an absolute and relative basis while Technology holdings were the worst relative and absolute return holdings. The Fund’s largest sector allocation on an absolute basis is Financials while Industrials is the largest relative overweight. From a regional standpoint, Developed Europe is the largest absolute allocation, while Emerging Americas is the largest relative overweight.
Information contained herein was obtained from recognized statistical services and other sources believed to be reliable and we therefore cannot make any representation as to its completeness or accuracy. Any statements not of a factual nature constitute opinions which are subject to change without notice.
Investors should carefully consider the investment objectives, risks, charges and expenses of the Saratoga Advantage Trust mutual funds. This and other important information about the Saratoga Advantage Trust's funds is contained in the prospectus, which can be obtained by clicking here, or by calling (800) 807-FUND, and which should be read carefully before investing. The Saratoga Advantage Trust's funds are distributed by Northern Lights Distributors, LLC, member FINRA/SIPC. Saratoga Capital Management, LLC is not affiliated with Northern Lights Distributors, LLC. 4/18 © Saratoga Capital Management, LLC; All Rights Reserved.