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.

Management

Southeastern has managed all portfolios consistently for over four decades.

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

Fund Facts at 12/31/16

Inception Date December 27, 2012
Net Assets $0.2 billion
Expense Ratio 1.54%
1yr Turnover 33%
Total Holdings 21
Wtd. Avg. Market Cap $44.1 billion
Minimum $10,000
Ticker LLGLX
CUSIP 543069504

Fund Managers

O. Mason Hawkins, CFA

O. Mason Hawkins, CFA

Chairman and Chief Executive Officer, Principal

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

G. Staley Cates, CFA

G. Staley Cates, CFA

President, Principal

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