Polen Capital U.S. Small Company Growth Strategy’s Q3 2022 Investor Letter

Polen Capital, an investment management company, released its “Polen U.S. Small Company Growth Strategy” third-quarter 2022 investor letter. A copy of the same can be downloaded here. The portfolio returned -4.34% net of fees in the third quarter compared to -0.24% return for the Russell 2000 Growth Index. Stock selection led to the underperformance of the strategy in the quarter. The portfolio also faced style headwinds due to an underweight exposure to momentum and overweight exposure to profitability. In addition, please check the fund’s top five holdings to know its best picks in 2022.