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MP - Bernzott Capital US Small Cap Value Fund Q1 2022 Commentary
MP Materials Corp Cl A
Bernzott Capital Advisors are independent money managers for institutional, intermediary and private clients. Our investment philosophy is fundamentally based and time tested.
Equity markets fell globally, and bonds posted their worst quarterly return in over 40 years.
The portfolio fell -4.6% (gross), modestly below the Russell 2000 Value’s decline of -2.4% and the Russell 2500 Value’s decline of -1.5%.