Fiduciary Management All Cap Equity Fund’s Q3 2021 Investor Letter

Fiduciary Management, an investment management firm, published its “All Cap Equity Fund” third quarter 2021 investor letter – a copy of which can be downloaded here. The FMI All Cap portfolios declined approximately 1.0% in the September quarter compared to a loss of 0.10% for the Russell 3000 Index and 0.93% for the Russell 3000 Value Index. You can take a look at the fund’s top 5 holdings to have an idea about their best picks for 2021.