Polen Capital U.S. SMID Company Growth Strategy’s Q4 2022 Investor Letter

Polen Capital, an investment management company, released its “Polen U.S. SMID Company Growth Strategy” fourth-quarter 2022 investor letter. A copy of the same can be downloaded here. The portfolio returned -0.31% net of fees in the fourth quarter compared to a 4.72% return for the Russell 2500 Growth Index. For the full-year 2022, the fund declined 44.95% while the Russell 2500 Growth Index fell 26.21%. Geopolitical uncertainty, inflation, rising interest rates, and concerns about recession impacted the portfolio’s performance. In addition, please check the fund’s top five holdings to know its best picks in 2022.

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