Mercator International Opportunity Fund’s Q4 2021 Investor Letter

Mercator International, an investment management firm, published its “Mercator International Opportunity Fund” fourth-quarter 2021 investor letter – a copy of which can be downloaded here. In Q4 2021 and early in the new year 2022, rising inflation and a more hawkish Fed led to a selloff of growth stocks. The Mercator International Opportunity Fund had a -3.65% return for the fourth quarter of 2021, compared to its benchmark, the MSCI EAFE Index which had a 2.75% return for the same period. Spare some time to check the fund’s top 5 holdings to have a clue about their top bets for 2022.