After a 32% One-Year Run, an $8.2 Million Bet Signals Renewed Conviction in Non-U.S. Stocks

Core Insights - FFG Partners disclosed a new position in the iShares MSCI ACWI ex U.S. ETF, acquiring 122,025 shares valued at approximately $8.19 million, which increased the fund's quarter-end valuation [2][3] - The new position represents 2.38% of FFG Partners' reportable U.S. equity assets under management as of December 31, and the ETF has shown a significant price increase of 32% over the past year, outperforming the S&P 500 [4][11] ETF Overview - The iShares MSCI ACWI ex U.S. ETF has an assets under management (AUM) of $7.87 billion and a current price of $70.15, with a dividend yield of 2.8% [5][10] - The ETF aims to track the performance of the MSCI ACWI ex U.S. Index, providing exposure to over 1,750 companies across developed and emerging markets, with a diversified portfolio across various sectors [9][12] Investment Implications - The performance of ACWX reflects improving earnings trends abroad and more reasonable valuations compared to large-cap U.S. stocks, indicating a shift in relevance for non-U.S. equities [11] - The allocation to ACWX complements FFG Partners' heavy exposure to U.S. growth stocks, adding geographic diversification while maintaining equity upside, which is essential for building resilient investment portfolios [13]