Fiduciary Management Inc. (FMI), an independent money management firm, released its “FMI Large Cap Equity Strategy” fourth-quarter 2024 investor letter. A copy of the letter can be downloaded here. The investment philosophy of the firm is to invest in durable business franchises that are selling at a discount to their intrinsic value. In the fourth quarter, the strategy returned -3.92% (gross) and -4.03% (net) compared to 2.41% return for the S&P 500 Index. In addition, please check the fund’s top five holdings to know its best picks in 2024.
FMI Large Cap Equity Strategy...
Create a free account, or log in to read the full article
No credit card required.
We may use your email to send marketing emails about our services. Click here to read our privacy policy.