Choice Equities 2021 Year-End UpdateJacob Wolinsky
Choice Equities performance update for the year ended December 31, 2021.
2021 was a successful year for Choice Equities. The conclusion of the year marked our fifth birthday, and the fund generated an attractive net return of 36.9% versus 14.8% and 28.7% for the Russell 2000 and S&P 500, respectively. Since inception, the fund has generated an annualized net return of 27.9%, versus 12.0% and 18.5% for the Russell 2000 and S&P 500, respectively.
Additionally, we continue to grow and attract new partners. Ihrie Wood joined the team on a fulltime basis this past fall to assist in operations. And we also moved to a new office and continue to look to expand our investment staff selectively.
I’m also very pleased to share that we will be featured in the upcoming February issue of Value Investor Insight. Please keep an eye out for that, as well as our year-end letter in coming weeks.
Mitchell Scott, CFA