Protean Funds Adds Bonava and Scandic Hotels; Exits DSVSF

In September, Protean Small Cap underperformed its benchmark by 1.1 percentage points with a decline of 1.7%, while Protean Aktiesparfond Norden outperformed slightly, falling only 1.3% compared to the benchmark's drop of 1.7%. The funds made several portfolio adjustments during this period. Protean Funds added Bonava (BNVVF) and Scandic Hotels (SCAHF) to its holdings while exiting DSVSF from its portfolio, signaling a strategic shift in asset allocation for these small-cap investments.

By Jay Mehta, SA News Editor · Seeking Alpha ·

Protean Funds Adds Bonava and Scandic Hotels; Exits DSVSF

Tickers: $DSVSF

Topics: benchmark comparison fund performance portfolio changes

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