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Weitz Multi Cap Equity Fund Q1 2024 Commentary [Seeking Alpha]
Last alphabet inc. - class c capital stock earnings: 4/28 04:02 pm
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US:NASDAQ Investor Relations: abc.xyz/investor
Equities continued to rally in the first quarter, generating very strong absolute returns for Fund shareholders and pushing many market indices to all-time highs. The strategy for our Multi Cap Equity Fund is founded on the notion that investing in businesses of all sizes provides investors with the broadest possible opportunity set and may provide a measure of insulation as market leadership shifts (sometimes dramatically) from one size category to another. The Multi Cap Equity Fund's Institutional Class returned +8.98% for the first quarter compared to +10.02% for the Russell 3000 Index. For the one-year period ended March 31, 2024, the Fund's Institutional Class returned +26.04% compared to +29.29% for the index. Equities continued to rally in the first quarter, generating very strong absolute returns for Fund shareholders and pushing many market indices to all-time highs. The Fund's absolute results for the year were similarly strong. We are pleased to report strong, risk-a
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