UMMA is trading at $38.29, up +3.12% in pre-market, with Asian equities rebounding and providing a favorable backdrop for a foreign-growth fund.

  • MSCI Asia Pacific Index gained 0.8% as most industry groups advanced.
  • Elevated Treasury yields, a firm dollar and oil near $103 were headwinds; U.S. futures were modestly higher, insufficient alone to explain UMMA’s larger gain.
  • U.S. GDP and inflation-related data were due later in the morning, leaving rates-sensitive markets exposed to a potential reaction.