Worldly Fund
Globe-trotting with your assets pays off.
Talk about international mutual funds with anyone who's beenin the funds business for a while, and Jean-Marie Eveillard'sname will inevitably pop up. He's the portfolio manager of theFirst Eagle SoGen Global Fund (SGENX), managing the fund since itsinception in 1979.
Eveillard has racked up an impressive track record. In 2001, ahorrific year for funds by any standard, this five-star Morningstarfund was up 10.2 percent. In fact, in the 23 years he's run thefund, it has outperformed its benchmark, the MSCI World Index, byabout 300 basis points. According to Eveillard, that puts the FirstEagle SoGen Global Fund's average return at about 15 percentper year, compared with the MSCI World Index's 12 percent.
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