Q4 2022 Large Cap Value Commentary
The Snow Large Cap Value strategy outperformed the benchmark by 29 basis points during the quarter, returning 12.71% gross of fees (12.58% net of fees), while the Russell 1000 Value index gained 12.42%. For the year, the strategy returned -4.89% gross of fees (-5.31% net of fees), again outperforming the Russell 1000 Value, which declined -7.54%.
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