ClearBridge Investments Small Cap Strategy’s Q3 2021 Investor Letter

ClearBridge Investments, an investment management firm, published its “Small Cap Strategy” third quarter 2021 investor letter – a copy of which can be downloaded here. The ClearBridge Small Cap Strategy underperformed the Russell 2000 Index, the Strategy’s benchmark, during the third quarter. On an absolute basis, the Strategy posted losses in nine of 11 sectors in which it was invested for the quarter. The primary contributor to the Strategy’s performance was the IT sector. The consumer discretionary and health care sectors were the main detractors of performance. You can take a look at the fund’s top 5 holdings to have an idea about their best picks for 2021.