Dear Valued Visitor,

We have noticed that you are using an ad blocker software.

Although advertisements on the web pages may degrade your experience, our business certainly depends on them and we can only keep providing you high-quality research based articles as long as we can display ads on our pages.

To view this article, you can disable your ad blocker and refresh this page or simply login.

We only allow registered users to use ad blockers. You can sign up for free by clicking here or you can login if you are already a member.

Polen Capital’s Q1 2019 Investor Letter – Polen Global Growth Strategy

A Boca Raton, Florida-based investment manager with 40 years long tradition, Polen Capital has just published three investors letter, each for one of its main strategies it offers, and in this article, will present you a part of its  Polen Global Growth Strategy’s letter, while a complete copy of it you can download below. As for its Polen International Growth Strategy, you can track down the letter here, and for its Polen Focus Growth Strategy – here. In Polen Global Growth’s letter, the company reported return of 16.26% gross of fees for the first quarter of 2019, outperforming MSCI All Country World Index (the “Index”) which gained 12.18% in the same quarter.

During the first quarter of 2019, the Polen Global Growth Composite Portfolio (the “Portfolio”) returned 16.26% gross of fees versus 12.18% for the MSCI All Country World Index (the “Index”), outperforming the benchmark by 408 basis points during the quarter.

The first quarter of 2019 saw a reversal of the broad-based selloff that occurred during the fourth quarter of 2018, with broad-based appreciation that cut across all geographies and industries. Concerns so prevalent in the previous quarter around slowing growth in China, tepid to slowing growth in Europe, and the view that growth would decelerate in the United States seemed to give way to revived optimism spurred by the abrupt change in U.S. Federal Reserve policy direction and the expectation of a U.S.-China trade deal. It is interesting how quickly perceptions can change. The contrast between the past two quarters provides yet another example of why we focus on fundamentals and investing only in what we believe are the best businesses rather than engaging in speculation or macro-economic forecasting.

You can download a copy of Polen Capital’s Q1 2019 Investor Letter for its Polen Growth Strategy here:

2019-1Q-Global-Growth-Commentary

 

DOWNLOAD FREE REPORT: Warren Buffett's Best Stock Picks

Let Warren Buffett, George Soros, Steve Cohen, and Daniel Loeb WORK FOR YOU.

If you want to beat the low cost index funds by 19 percentage points per year, look no further than our monthly newsletter.In this free report you can find an in-depth analysis of the performance of Warren Buffett's entire historical stock picks. We uncovered Warren Buffett's Best Stock Picks and a way to for Buffett to improve his returns by more than 4 percentage points per year.

Bonus Biotech Stock Pick: You can also find a detailed bonus biotech stock pick that we expect to return more than 50% within 12 months.
Subscribe me to Insider Monkey's Free Daily Newsletter
This is a FREE report from Insider Monkey. Credit Card is NOT required.
Loading...