Re-opening of Tweedy, Browne Global Value Fund II – A Good Sign

I follow this value investment company as they are one of the oldest and most venerable ones out there.

From there recent press release:

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Re-opening of Tweedy, Browne Global Value Fund II

The Tweedy, Browne Global Value Fund II – Currency Unhedged will reopen to new investors on February 1, 2016. As you will recall, the Fund was closed to new investors back in August of 2014, as it had become difficult to invest new subscriptions in the face of rising equity valuations. More recently, flows have become more manageable, and we now believe that the addition of new assets can be managed effectively, without risk of diluting returns to existing shareholders. This is especially true given the enhanced volatility in global equity markets of late which has begun to stimulate new idea flow. We will continue to impose for the time being a maximum purchase amount of $4,000,000 per investor on any single trade day to prevent large trades that could be disruptive to effective portfolio management.

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Gives you a good idea, as a long term investor, that it is worth being ready with any sidelined money, to invest. In my humble opinion.

Here there top holdings (easy and cheap to replicate!). Not much value added by management , except the fact they don’t trade…

tweedy-brown-top-holdings_2 tweedy-brown-top-holdings_1

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