The Tweedy Browne
Global Value Fund seeks long-term growth of capital by investing throughout the world in a diversified portfolio consisting primarily of non-U.S. marketable equity securities. Although, they note, investments in U.S. securities are permitted and will be made when opportunities in the U.S. appear more attractive. Investments are focused in developed markets, and where practicable, perceived foreign currency exposure is hedged back into the U.S. dollar. The fund is currently managed by the team of Tweedy Browne
Partners. As of the second quarter the Tweedy Browne
Global Value Fund held 101 stocks, three of them new buys, valued at around $5.1 billion. More...