Polen Global Emerging Markets Growth’s Q4 2021 Investor Letter

Polen Capital, an investment management firm, published its “Polen Global Emerging Markets Growth” fourth quarter 2021 investor letter – a copy of which can be downloaded here. The MSCI Emerging Markets Index (the “Index’) declined by 1.31% in the fourth quarter as tightening global money markets, the discovery of the Omicron variant, and rising geopolitical tensions weighed on risk appetite worldwide. The Polen Global Emerging Markets Growth Composite Portfolio (the “Portfolio”) returned -4.77% gross and -5.00% net of fees for the period. For the full year, the Portfolio returned -8.97% gross and -9.87% net of fees compared to -2.53% for the benchmark  Spare some time to check the fund’s top 5 holdings to have a clue about their top bets for 2022.