Choice Equities, the long/short equity fund that focuses on high-quality small and mid-cap stocks, returned -20.9% after fees for the first quarter of 2022. According to a copy of its first-quarter investor update, which ValueWalk has been able to review, the fund underperformed both the Russell 2000 and S&P 500 for the quarter, which returned -7.5% and -4.6%, respectively. Q1 2022 hedge fund letters, conferences and more However, since its inception in 2017, the fund has generated annualized returns of 20.9% after fees, compared to 9.8% for its benchmark, the Russell 2000. Falling Tech Stocks Pile On The Losses One…
Choice Equities Down -20.9% In Q1, Remains Constructive On Small Caps
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