Longleaf Partners Global FundLLGLX
Longleaf Partners Global Fund seeks long-term capital growth. The Fund seeks to achieve this objective by investing primarily in US and non-US companies we believe to be significantly undervalued. Current income is not an objective.
- The Fund normally invests at least 40% of its total assets in the equity securities of non-U.S. issuers throughout the world, which could include emerging market issuers, and may achieve its exposure to non-U.S. securities through investing in American depositary receipts (ADRs).
- The Fund's unconstrained portfolio invests in companies of all market capitalizations and geographies.
- The Fund is non-diversified under the federal securities laws and generally invests in 15 to 25 companies.
- Benchmark index is MSCI World Index, though portfolio construction is 100% bottom-up.
Fund Facts at 12/31/14
|Inception Date||December 27, 2012|
|Net Assets||$0.2 billion|
(per 5/1/14 Prospectus)
|Expense Ratio at 12/31/14||1.58%|
|Wtd. Avg. Market Cap||18.2 billion|
Southeastern since 1975
42 years investment experience
BA (Finance) University of Florida
MBA (Finance) University of Georgia
Southeastern since 1986
29 years investment experience
BBA (Finance) University of Texas