American Century Quality Preferred ETF Price & Performance (QPFF)

American Century Companies Inc. has boosted its holdings in TPG Inc. by 11.7% during the fourth quarter. The fund now owns 1,407,270 shares valued at $88.43 million. This move highlights growing institutional interest in TPG, with other major investors also increasing their stakes in the company.1

The Global Resources Fund underperformed due to its heavy exposure to luxury consumer goods. Stocks like Lululemon and LVMH experienced significant declines, with Lululemon dropping 25.02% last year. This strategic overweight in upscale sectors has negatively impacted the fund's performance relative to benchmarks.2

BMO ETFs has shifted its portfolio to a more defensive stance for Q1 2025, reducing equity exposure from 60% to 40% while increasing fixed income to 35%. Non-traditional investments now comprise 30% of the portfolio, reflecting a cautious approach amid potential market volatility and currency risks.3