Polen Global Growth Fund Adjusts Semiconductor Holdings in Q3
The Polen Global Growth Composite Portfolio reported a 3.5% net return for the third quarter, outperforming the MSCI ACWI Index by 1.9 percentage points. The fund's performance was driven by strategic rebalancing within its technology holdings to optimize exposure to the semiconductor sector. During the period, the fund initiated new positions in Seagate Technology (STX), AMD (AMD), and SK Hynix. To balance these additions, the portfolio manager reduced existing stakes in Nvidia (NVDA) and Broadcom (AVGO). This rotation reflects a tactical shift within the fund's growth-oriented strategy.
Tickers: $AMD $AVGO $NVDA $SKHYV $STX