Polen Capital, an investment management company, released its “Polen Global SMID Company Growth” second quarter 2024 investor letter. In the second quarter, the fund returned -8.90 (gross) and -8.96% (net) compared to -2.05% return for the MSCI ACWI SMID Capitalization Index. Uncertainty around the national elections and shifting economic expectations seemingly weighed on the equity market. In addition, please check the fund’s top five holdings to know its best picks in 2024.
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