Choice Equities Small Caps Are They Cheapest They’ve Been In 20 Years

Choice Equities Fund’s primary objective is to outperform the Russell 2000 index and S&P 500 over a multiyear time horizon using a value-driven investing strategy. It has achieved this aim. Since its inception in January 2017, the fund has produced an internal rate of return of 16%, versus 6% for the Russell 2000 index and 12% for the S&P 500. Founded by Mitchell Scott, the firm started life with just $1.1 million in assets under management. According to its latest investor presentation, assets under management today stand at just over $100 million. Q2 2022 hedge fund letters, conferences and more…