News & Our Thinking

News & Our Thinking
Quarterly Investment Commentary

Quarterly Attribution Commentaries

19 July 2022

The second quarter of 2022 felt much like the first quarter, only worse. The combination of supply chain shortages, high inflation and recessionary fears brought the S&P 500 Index to a 20% loss since the beginning of the year, its worst first six months of a year since 1970. The good news is that Argent strategies are showing signs of resilience in this grim environment. The Argent Large Cap, Dividend Select and Small Cap strategies outperformed their benchmarks (net of fees) for the quarter, while SMID Cap slightly underperformed for the quarter (net of fees). Please see our attribution commentaries below for more detail.


Mid Cap Attribution

Russell Midcap

Dividend Select Attribution

Russell 1000 Value

SMID Cap Attribution

Russell 2500

Small Cap Core Attribution

Russell 2000

Large Cap Growth Attribution

Russell 1000 Growth

S&P 500