Polen Capital Focus Growth Strategy’s Q1 2025 Investor Letter

Polen Capital, an investment management company, released its “Polen Focus Growth Strategy” first quarter 20245 investor letter. 2025 started following the best two-year stretch ever for the Russell 1000 Growth Index, with a return of +90% largely driven by the AI infrastructure narrative. The Trump victory and pro-business agenda boosted optimism, leading to a 7% rally. However, the first wave of Trump tariffs disrupted the global order, causing uncertainty to spike to levels comparable...