WEDXF - Third Avenue Small-Cap Value Fund Q1 2022 Portfolio Manager Commentary
- Third Avenue Management is a New York City-based asset manager founded in 1986 that utilizes a disciplined, value-oriented, and asset-based approach to investing in publicly traded securities.
- The Third Avenue Small-Cap Value Fund (the “Fund”) declined 0.44% during the first quarter of 2022.
- Fund Management took advantage of attractive opportunities within the portfolio, materially boosting exposure.
- When liquidity tightens, large cap beneficiaries could experience multiplecompression as capital leaves the financial system.
For further details see:
Third Avenue Small-Cap Value Fund Q1 2022 Portfolio Manager Commentary