DNOPF - Polen Capital Q1 2024 Emerging Markets Growth Commentary
2024-04-27 09:10:00 ET
Summary
- Polen Capital is a high-conviction growth investment manager. We scour the globe in search of the highest quality, sustainable companies to invest in.
- Over the first quarter of 2024, the Polen Emerging Markets Growth Composite Portfolio returned 1.48% gross and 1.25% net of fees, respectively, versus the 2.37% return of the MSCI Emerging Markets Index.
- Shifting expectations for the timing of interest rate cuts influenced sector and country performance; however, the number of beneficiaries of artificial intelligence continues to rise.
- While acknowledging that short-term share prices may not always reflect business fundamentals, we maintain confidence in our portfolio holdings’ long-term prospects.
Editor's Note: The summary bullets for this article were chosen by Seeking Alpha editors....
Polen Capital Q1 2024 Emerging Markets Growth Commentary