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IAA - Wedgewood Partners Q1 2022 Focused SMID Cap Client Letter
IAA Inc.
Wedgewood Partners is a money manager founded in 1988 with the goal of providing investors with a superior approach to managing investment portfolios.
For the first quarter 2022, our Focused SMID Cap Composite (net) declined -13.2%.
We expect to be busy this year as all financial markets come to grips with the Federal Reserve's unprecedented task of reigning in 40-year highs in inflation.