Fund Description

The fund invests primarily in foreign equity securities that are considered undervalued by the Adviser, Tweedy, Browne Company LLC, while also allowing for limited investments in U.S. securities. The strategy is rooted in value investing principles inspired by Benjamin Graham, aiming to identify stocks trading below their intrinsic value based on metrics such as price-to-sales and price-to-earnings ratios. The portfolio is diversified across various industries and countries, with a minimum exposure to five countries, and includes emerging markets. The fund seeks to hedge currency risk back to the U.S. dollar where practical, and is intended for long-term value investors rather than those prioritizing income.