- 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 Global Growth Composite Portfolio returned 1.39% gross of fees. The MSCI All-Country World Index returned 4.58% during the same period.
- Turnover was modest during the quarter. We purchased Amazon, added to Alibaba, and trimmed ADP, PayPal, and Align Technology.
- The market favored more cyclical and earnings-depressed businesses and businesses with higher levels of debt and lower levels of profitability during the last three months. This contrasts with the types of businesses we seek to own.
For further details see:
Polen Capital Global Growth Portfolio Manager Commentary Q1 2021