Fiduciary Management’s All Cap Equity Q1 2021 Investor Letter

Fiduciary Management Inc., an investment management firm, published its first quarter 2021 investor letter – a copy of which can be downloaded here.  A return of 7.6% was reported by the FMI All Cap portfolios for the Q1 of 2021, outperforming both its Russell 3000 benchmark that delivered a 6.35% return, and the Russell 3000 Value Index that had an 11.89% gain in the same period. You can view the fund’s top 5 holdings to have a peek at their top bets for 2021.