Dodge & Cox Global Stock Fund 2nd-Quarter Commentary

The Dodge & Cox International Stock Fund had a complete return of 20.three% for the next quarter of 2020, as opposed to 19.four% for the MSCI Entire world Index. For the 6 months ended June thirty, 2020, the Fund had a complete return of –17.%, as opposed to –5.eight% for the MSCI Entire world.

Financial investment Commentary

In the first quarter of 2020, the coronavirus (COVID-19) pandemic developed into a global menace that disrupted significant economies and significantly improved volatility in the financial marketplaces. After declining sharply in the first quarter, the MSCI Entire world rebounded strongly in the next

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Wally Weitz’s Partners III Opportunity Fund 1st-Quarter Commentary

The Companions III Chance Fund’s Institutional Course returned -sixteen.17% in the very first quarter of 2020 when compared to -19.60% for the S&P five hundred (the Fund’s major benchmark) and -twenty.ninety% for the Russell 3000. For the calendar year ending March 31, 2020, the Fund returned -5.83% when compared to -six.98% for the S&P five hundred and -nine.thirteen% for the Russell 3000.

There was extraordinary volatility in the stock and bond marketplaces during the very first quarter of 2020. The COVID-19 disaster has unfolded at an alarming pace, placing the country and much of the environment in a variety of

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William Blair Commentary- COVID-19: Healthcare Is More Protected

The international reaction to the unfold of COVID-19 has sparked an unprecedented drop in financial action, and no industry is immune. However, the healthcare industry seems far far more safeguarded than most other sectors from coronavirus-related financial disruption.

A Spectrum of Effect

The healthcare industry is experiencing a spectrum of impact throughout its numerous subsegments.

The most negative impacts that we are looking at are amongst the buyer-experiencing healthcare businesses with providers that are easily deferrable.

These include things like businesses that promote listening to aids, eyeglasses, and dental providers. Revenues are dropping to zero or shut to zero for

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Royce Investment Partners Commentary: Performance Review and Outlook for Total Return

View comprehensive video clip below.

What components made 2019 complicated for the tactic?

Total Return underperformed the Russell 2000 by a small, outperformed the Russell 2000 Value by a small, but it was a very big up year, and in a year the place the indices are up north of twenty%, and we’re also up north of twenty%, which is not a terrible result. Not perfect, but not a terrible result. So it was yet another year the place modest-cap growth led modest-cap value. That’s been likely on for about a decade. So we have witnessed that very considerably steadily,

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First Eagle Gold Fund’s 4th-Quarter Commentary

Sector Overview

Assortment sure for substantially of the fourth quarter, the cost of gold rose marginally greater in a late -December rally. Though the gold cost completed 2019 underneath its September four peak of $1,552/ oz.,1 the in close proximity to +eighteen% improve in the course of the 12 months represented the most significant yearly gain given that 2010,two as geopolitical and macro-economic uncertainty ongoing to travel demand from customers for specific perceived “safe havens” like gold even as hazard belongings climbed sharply greater.

Evidence of geopolitical impact on the gold cost was enough in the fourth quarter. Weakness in

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