Brown Capital Management Small Company Strategy’s Q3 2022 Investor Letter

Brown Capital Management, an investment management company, released its “The Brown Capital Management Small Company Strategy” Q3 2022 investor letter. A copy of the same can be downloaded here. The Small Company Composite returned -3.06% in the quarter compared to 0.24% for the Russell 2000 Growth Index. The rise in interest rates and inflation concerns drove equity market volatility in the quarter. In this scenario, despite the strong fundamentals, the strategy underperformed its benchmark index. In addition, please check the fund’s top five holdings to know its best picks in 2022.