2Q2020 – Global Emerging Markets Growth Commentary
We believe the opportunity for businesses that can provide consumer-relevant products and services in emerging markets is enormous and should persist for years, if not decades.
Polen Global Emerging Markets Growth
Investment Objective
Our Global Emerging Markets Growth strategy seeks to achieve long-term growth by building a concentrated portfolio of outstanding emerging markets businesses with competitive advantages and the potential for sustained superior growth.
Why Invest in Polen Global Emerging Markets Growth?
- Global emerging markets growth strategy with a strong emphasis on sustainable earnings growth
- Focus on companies with high returns on capital and deep competitive moats
- Concentrated portfolio of approximately 30 high-quality growth companies
- Low portfolio turnover with long-term holding periods
A High Conviction & Quality Approach
We believe that consistent earnings growth is the primary driver of intrinsic value and long-term stock appreciation. We seek to invest in companies with a durable earnings profile driven by a sustainable competitive advantage, superior financial strength, proven management teams and powerful products/services. By thinking and investing like a business owner and taking a long-term investment approach, we believe we can preserve capital and provide stability across market cycles.
Product Profile
| Number of holdings | 25-40 |
|---|---|
| Style | Growth |
| Benchmark | MSCI Emerging Markets Index |
Expertise in High Quality Growth Investing
Related Perspectives
Podcast: Bloomberg What Goes Up—Views of a Top Growth Manager
Listen to Polen Capital’s Dan Davidowitz discuss stock selection, concentrated diversification and the biggest market disruption of the week in the latest episode of “What Goes Up”.
A Business Owner’s Mindset: Investing Through a Pandemic
All-season durable growth companies, in our experience, are led by management teams that focus on long-term value creation—they operate with a business owner’s mindset.
Polen Capital Management, LLC is an independent registered investment advisor.
The MSCI Emerging Markets Index captures large-and mid-cap representation across 26 emerging markets countries. The MSCI Emerging Markets Index is maintained by Morgan Stanley Capital International. It is impossible to invest directly in an index.