PM Capital Global Opportunities Fund Outperforms in December on Metals and European Banks

The latest announcement is out from PM Capital Global Opportunities Fund Ltd. ( (AU:PGF) ).

PM Capital Global Opportunities Fund reported a 3.1% portfolio gain in December 2025, significantly outperforming the MSCI World Net Total Return Index, which fell 0.9% in Australian dollar terms. The result was driven by strong gains in European domestic banks and global materials, particularly copper and gold producers, amid record-high copper and gold prices, supportive sector rotation into undervalued European financials, and central bank policy divergence. Key holdings such as Freeport-McMoRan, Teck Resources, Newmont and several European banks rallied, helping lift the fund’s net tangible asset backing per share and contributing to a cumulative return of more than 532% since its 2013 inception, reinforcing its positioning as an actively managed, high-conviction global equities vehicle for long-term investors.

The most recent analyst rating on (AU:PGF) stock is a Buy with a A$3.00 price target. To see the full list of analyst forecasts on PM Capital Global Opportunities Fund Ltd. stock, see the AU:PGF Stock Forecast page.

More about PM Capital Global Opportunities Fund Ltd.

PM Capital Global Opportunities Fund Limited (ASX: PGF) is a listed global equities investment company that seeks to build long-term wealth by exploiting valuation anomalies across international markets. The fund runs a concentrated, mainly long-only portfolio of around 40 globally listed equities, with a focus on sectors such as European and US domestic banking, industrial metals, industrials, healthcare, leisure and consumer staples, and invests across a range of market capitalisations and currencies for investors with a seven-year-plus horizon.

Average Trading Volume: 445,585

Technical Sentiment Signal: Buy

See more data about PGF stock on TipRanks’ Stock Analysis page.