AVEM is trading at $94.50, up 4.8% in after-hours trading following a coordinated U.S.–Japan currency intervention to support the yen and a sharp improvement in global risk sentiment.

  • The move is supported by a broader equity rally sparked by easing Middle East tensions and positive economic data, which has lifted major U.S. and international indices.
  • With nearly 40% of its portfolio in technology and heavy exposure to Asian markets, the fund is benefiting significantly from yen stabilization and reduced macroeconomic volatility.