4Q2020 – U.S. SMID Company Growth Commentary

The strategy taps into our small-cap investing expertise by seeking to capture attractive companies earlier in their lifecycle and allowing us to hold ‘winners’ for longer.

  • The Polen U.S. SMID Company Growth Composite Portfolio (the “Portfolio”) returned 26.62% gross of fees in the fourth quarter compared to 25.89% for the Russell 2500 Growth Index (the “Index”).
  • Since inception on April 1, 2020, the Portfolio is up more than 105.53% gross of fees, which is 2,200 basis points ahead of the Index. We are very proud of this outcome especially considering the challenges 2020 presented.
  • Our knowledge and experience with investing through crises gave us the confidence to act when the market was at its weakest, setting us up for an outstanding year.
  • We look to the long term and believe the companies in our Portfolio are well-positioned for the future. We believe companies must strategically invest in culture, talent, organizational agility, and innovation to achieve long-lasting success.

Read the full commentary here →