Watch First Eagle’s Jean-Marie Eveillard and Matt McLennan in a lively discussion moderated by Consuelo Mack as they discuss the impact of the changing political and economic climate on investing, in the context of First Eagle’s long tradition of Value Investing.
At First Eagle, we question the wisdom of constructing a core exclusively from passive vehicles. That is because index funds and ETFs, by their very nature, can expose investors to one of the gravest kinds of investment risk: permanent impairment of capital.
During periods of significant market disruptions or in the event that suitable investment opportunities become less available, the Fund has the flexibility to hold higher cash positions as evidenced in the past.
First Eagle Funds
Shareholder Servicing Agent
PO Box 219324
Kansas City, MO 64121-9324