Mairs & Power, Mairs & Power Growth Fund

Mairs & Power Growth Fund 2Q16 Commentary

Mairs & Power Growth Fund commentary for the second quarter ended June 30, 2016.

H/T Dataroma

The market turned a page at the start of the year and we are seeing a very different story play out compared to a year ago. In 2015, the consumer sectors were the only parts of the economy that seemed to work for investors as the market struggled with the impacts of a rapid fall in oil prices and rapid rise of the dollar against most foreign currencies, hurting the energy . . .

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