CMPUY - Polen Capital International Small Company Growth Portfolio Manager Commentary Q1 2021
- Polen Capital is a global independently-owned growth equity boutique, led by an experienced team of investment professionals who are committed to preserving and growing the assets of our clients through a prudent and disciplined long-term investment approach.
- During the first quarter of 2021, the Polen International Small Company Growth Composite Portfolio returned -2.03% gross of fees vs. 5.53% for the MSCI ACWI ex-USA Small Capitalization Index.
- We initiated positions in Smaregiand Cybozuand added to Koh Young Technology. We exited positions in Rightmove, M Dias Branco, SanneGroup, and Morneau Shepell.
- Our long-term earnings forecast for our owned companies exceeds 20% per annum.
For further details see:
Polen Capital International Small Company Growth Portfolio Manager Commentary Q1 2021