FA Magazine: Foreign Growth Stocks—A Diamond in the Rough?

Polen Global Growth portfolio manager Jeff Mueller shares his view on unique quality growth investment opportunities around the world

Article Highlights

According to Jeff Mueller, portfolio manager & analyst for Polen’s Global Growth strategy, the conventional wisdom that quality growth stocks are difficult to find outside the U.S. is a misconception. Recently, he sat down with Financial Advisor Magazine to discuss why.

Read the full FA Magazine article here →

  • Polen’s Large Company Growth Team uses five investment guardrails to guide their search for what they believe are the highest-quality businesses globally. Only about 300 companies meet all five requirements, which the team then reduces by half by stripping out names they consider cyclical.

Polen’s Equity Investment Guardrails

Polen’s 5 Equity Investment Guardrails

  • Mueller cites Aon and ICON as examples of businesses with compelling strategic advantages—including deep competitive moats and pricing power that can help them thrive, even in the face of inflationary pressure.
  • Digital payments and global beauty care are two sectors dominated by duopolies, which Polen sees as attractive investment opportunities.

Read the full FA Magazine article here →

We’re pleased to be in markets where fundamentals matter, as opposed to those driven by extreme emotions that can create wide gaps between businesses & their stocks.

—Jeff Mueller, Portfolio Manager & Analyst, Large Company Growth

Important Disclosures
The information provided is for informational purposes only. Opinions and views expressed constitute the judgment of Polen Capital as of May 2023, may involve a number of assumptions and estimates which are not guaranteed, and are subject to change without notice. Although the information and any opinions or views given have been obtained from or based on sources believed to be reliable, no warranty or representation is made as to their correctness, completeness or accuracy. Opinions, estimates, forecasts, and statements of financial market trends that are based on current market conditions constitute our judgment and are subject to change without notice, including any forward-looking estimates or statements which are based on certain expectations and assumptions. The views and strategies described may not be suitable for all clients. References to specific securities, asset classes and financial markets are for illustrative purposes only and are not intended to be, and should not be interpreted as, recommendations. This document does not identify all the risks (direct or indirect) or other considerations which might be material when entering any financial transaction.

The information provided in this document should not be construed as a recommendation to purchase or sell any particular security. There is no assurance that any securities discussed herein will be in the composite at the time you receive this document or that any securities sold have not been repurchased. The securities discussed do not necessarily represent the composite’s entire portfolio. Actual holdings will vary depending on the size of the account, cash flows, restrictions, and any trade orders in progress on the date as of when holdings are shown. It should not be assumed that any of the securities transactions or holdings discussed were or will prove to be profitable or that any investment recommendations we make in the future will equal the investment performance of the securities discussed herein. For a complete list of Polen’s past specific recommendations holdings and current holdings as of the current quarter end, please contact [email protected].