Summary
- US small cap growth equities (Russell 2000 Growth Index) rose 11.97% in the second quarter of 2025, outperforming the Value Index by over 7%.
- The GS Small Cap Growth Insights Fund returned 12.41% in the second quarter of 2025, outperforming its benchmark, the Russell 2000 Growth Index, by 45 basis points.
- Information Technology and Communication Services were the best performing sectors over the quarter.
Market Review
US Small Cap Growth equities (Russell 2000 Growth Index) rose 11.97% in the second quarter of 2025, outperforming the Value Index by over 7%. Growth stocks rebounded sharply after a weak first quarter, supported by easing inflation, a pickup

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