The portfolio underperformed the Russell MidCap® Growth Index in Q4, where the collective drag of several challenged sectors offset outperformance in other areas.
The portfolio outperformed the Russell 2000 Index during the quarter, while equities sank in 2022 as persistent inflation forced interest rates higher and valuations lower.
2022 Taxable Bond Market Review
2022 Municipal Market Review
Chautauqua's growth funds ended the year with a strong fourth quarter. Health care stocks led the way as our funds delivered solid Q4 returns.
