Longleaf Partners Global Fund


Investment Objective

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.

Fund Information

  • 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.


Southeastern has managed all portfolios consistently for over three decades.

We adhere to the same Governing Principles.
We employ the same Investment Approach.
We follow the same Investment Process.

Fund Facts at 3/31/15

Inception Date December 27, 2012
Net Assets $0.2 billion
Expense Ratio
(per 5/1/14 Prospectus)
Expense Ratio per
12/31/14 annual report
1yr Turnover 38%
Total Holdings 22
Wtd. Avg. Market Cap $21.6 billion
Minimum $10,000
Ticker LLGLX
CUSIP 543069504

Fund Managers

O. Mason Hawkins, CFA

Chairman & Chief Executive Officer

Southeastern since 1975
42 years investment experience
BA (Finance) University of Florida
MBA (Finance) University of Georgia

G. Staley Cates, CFA

President & Chief Investment Officer

Southeastern since 1986
29 years investment experience
BBA (Finance) University of Texas