The First Eagle Global Fund Class A (SGENX) is a low-cost, actively managed fund that seeks a high total return from capital appreciation and dividends. SGENX is a global stock fund and may invest in any sector or market cap in any nation to accomplish its goal. The fund may also invest in cash or cash-like instruments when the managers feel there are no opportunities for their capital. Through fundamental analysis, SGENX managers seek stocks with good margins of safety and other value metrics.
Given its mandate, SGENX makes an ideal satellite position in a broad equity portfolio.
| Period | SGENX Return | Category Return Low | Category Return High | Rank in Category (%) | Quintile |
|---|---|---|---|---|---|
| YTD | 7.1% | -25.7% | 15.6% | 39.14% | 3 |
| 1 Yr | 11.7% | -35.4% | 247.1% | 31.76% | 2 |
| 3 Yr | 5.1% * | -11.9% | 42.2% | 1.22% | 1 |
| 5 Yr | 9.4% * | -4.7% | 25.8% | 0.62% | 1 |
| 10 Yr | 6.2% * | -4.1% | 9.7% | 1.36% | 1 |
* Annualized
| Period | SGENX Return | Category Return Low | Category Return High | Rank in Category (%) | Quintile |
|---|---|---|---|---|---|
| 2016 | 5.7% | -30.2% | 210.7% | 13.86% | 1 |
| 2015 | -2.1% | -30.7% | 2.7% | 7.91% | 1 |
| 2014 | -2.2% | -25.2% | 10.0% | 43.18% | 3 |
| 2013 | 10.3% | -12.0% | 23.8% | 26.84% | 2 |
| 2012 | 7.7% | -11.2% | 18.2% | 55.34% | 4 |
| Period | SGENX Return | Category Return Low | Category Return High | Rank in Category (%) | Quintile |
|---|---|---|---|---|---|
| YTD | 7.1% | -25.7% | 15.6% | 39.14% | 3 |
| 1 Yr | 6.1% | -35.4% | 247.3% | 67.81% | 4 |
| 3 Yr | 3.4% * | -10.8% | 50.7% | 10.71% | 1 |
| 5 Yr | 8.3% * | -3.3% | 33.3% | 21.91% | 2 |
| 10 Yr | 5.7% * | -2.1% | 17.0% | 12.24% | 1 |
* Annualized
| Period | SGENX Return | Category Return Low | Category Return High | Rank in Category (%) | Quintile |
|---|---|---|---|---|---|
| 2016 | 5.7% | -30.2% | 210.8% | 21.59% | 2 |
| 2015 | -1.0% | -29.2% | 7.0% | 15.81% | 1 |
| 2014 | 3.0% | -13.1% | 18.1% | 41.44% | 3 |
| 2013 | 17.4% | -9.8% | 49.2% | 34.46% | 2 |
| 2012 | 15.0% | -17.9% | 30.6% | 41.42% | 3 |
| SGENX | Category Low | Category High | SGENX % Rank | Quintile | |
|---|---|---|---|---|---|
| Net Assets | 54.6 B | 774 K | 106 B | 1.06% | 1 |
| Number of Holdings | 173 | 2 | 5456 | 10.36% | 3 |
| Net Assets in Top 10 | 11.7 B | -122 M | 19.5 B | 0.85% | 1 |
| Weighting of Top 10 | 21.8% | 0.0% | 408.5% | 20.51% | 4 |
| Weighting | Category Low | Category High | SGENX % Rank | Quintile | |
|---|---|---|---|---|---|
| Stocks | 70.95% | -1.87% | 101.23% | 5.07% | 1 |
| Cash | 20.14% | -106.19% | 184.57% | 3.81% | 1 |
| Other | 7.14% | -1.54% | 101.91% | 5.92% | 2 |
| Bonds | 1.59% | -141.63% | 94.35% | 25.58% | 5 |
| Preferred Stocks | 0.19% | 0.00% | 17.14% | 9.51% | 2 |
| Convertible Bonds | 0.00% | 0.00% | 17.10% | 7.61% | 5 |
| Weighting | Category Low | Category High | SGENX % Rank | Quintile | |
|---|---|---|---|---|---|
| Industrials | 13.29% | 0.00% | 13.29% | 0.22% | 1 |
| Financial Services | 12.44% | -1.55% | 23.87% | 5.95% | 2 |
| Technology | 10.31% | -1.42% | 21.49% | 5.73% | 2 |
| Basic Materials | 10.00% | -0.11% | 19.84% | 1.54% | 1 |
| Energy | 5.45% | -0.11% | 27.67% | 7.05% | 2 |
| Consumer Cyclical | 5.24% | -0.59% | 16.99% | 13.44% | 3 |
| Consumer Defense | 4.89% | -1.18% | 20.37% | 8.81% | 2 |
| Communication Services | 4.09% | -0.71% | 17.99% | 3.96% | 1 |
| Healthcare | 2.77% | -2.40% | 10.58% | 17.18% | 4 |
| Real Estate | 1.85% | -0.70% | 31.84% | 14.32% | 3 |
| Utilities | 0.45% | 0.00% | 19.55% | 18.28% | 4 |
| Weighting | Category Low | Category High | SGENX % Rank | Quintile | |
|---|---|---|---|---|---|
| Non US | 37.08% | 0.00% | 94.99% | 6.34% | 2 |
| US | 33.87% | -70.07% | 97.35% | 6.34% | 2 |
| Weighting | Category Low | Category High | SGENX % Rank | Quintile | |
|---|---|---|---|---|---|
| Cash & Equivalents | 20.14% | -103.93% | 185.25% | 4.02% | 1 |
| Government | 1.54% | -141.63% | 70.19% | 23.04% | 5 |
| Corporate | 0.20% | 0.00% | 50.05% | 24.10% | 5 |
| Derivative | 0.00% | -14.90% | 10.71% | 4.02% | 4 |
| Securitized | 0.00% | 0.00% | 22.45% | 16.49% | 5 |
| Municipal | 0.00% | 0.00% | 9.55% | 7.61% | 5 |
| Weighting | Category Low | Category High | SGENX % Rank | Quintile | |
|---|---|---|---|---|---|
| US | 1.09% | -141.63% | 66.42% | 22.83% | 5 |
| Non US | 0.50% | 0.00% | 54.55% | 24.74% | 5 |
| SGENX Fees (% of AUM) | Category Low | Category High | Rank in Category (%) | Quintile | |
|---|---|---|---|---|---|
| Expense Ratio | 1.10% | 0.01% | 19.72% | 33.90% | 2 |
| Management Fee | 0.75% | 0.00% | 1.70% | 4.47% | 4 |
| 12b-1 Fee | 0.25% | 0.00% | 1.00% | 3.98% | 3 |
| Administrative Fee | 0.05% | 0.00% | 0.55% | 7.19% | 3 |
| SGENX Fees (% of AUM) | Category Low | Category High | SGENX Rank | Quintile | |
|---|---|---|---|---|---|
| Front Load | 5.00% | 0.15% | 5.75% | 3.88% | 2 |
| Deferred Load | N/A | 0.50% | 5.50% | N/A | N/A |
| SGENX Fees (% of AUM) | Category Low | Category High | SGENX Rank | Quintile | |
|---|---|---|---|---|---|
| Max Redemption Fee | 2.00% | 0.11% | 2.00% | 1.49% | 5 |
Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.
| SGENX Fees (% of AUM) | Category Low | Category High | SGENX Rank | Quintile | |
|---|---|---|---|---|---|
| Turnover | 11.54% | 0.00% | 1837.00% | 20.26% | 1 |
| SGENX | Category Low | Category High | SGENX % Rank | Quintile | |
|---|---|---|---|---|---|
| Dividend Yield | 0.7% | 0.00% | 2.17% | 11.92% | 1 |
| SGENX | Category Low | Category High | Category Mode | |
|---|---|---|---|---|
| Dividend Distribution Frequency | Annually | Annually | Monthly | Annually |
| Date | Amount |
|---|---|
| Dec 18, 2013 | $0.656 |
| Dec 14, 2012 | $0.512 |
| Dec 14, 2011 | $0.526 |
| Dec 17, 2010 | $0.640 |
| Dec 17, 2009 | $0.574 |
| Dec 15, 2005 | $2.524 |
| Dec 09, 2004 | $0.610 |
| Dec 20, 2000 | $4.580 |
| Dec 20, 1999 | $2.800 |
| Dec 21, 1998 | $0.520 |
| Jul 31, 1998 | $1.900 |
| Dec 22, 1997 | $2.830 |
| Dec 20, 1996 | $1.830 |
| Dec 21, 1995 | $1.540 |
| Dec 21, 1994 | $0.710 |
| Jan 01, 1900 | $0.701 |
| Jan 01, 1900 | $0.980 |
| SGENX | Category Low | Category High | SGENX % Rank | Quintile | |
|---|---|---|---|---|---|
| Net Income Ratio | 0.55% | -2.25% | 9.28% | 44.92% | 4 |
| SGENX | Category Low | Category High | Capital Mode | |
|---|---|---|---|---|
| Capital Gain Distribution Frequency | Annually | Annually | Daily | Annually |
Lead Manager
Start Date
Sep 12, 2008Tenure
8.72
Tenure Rank
2.0%
Matt is head of the Global Value team and a portfolio manager of the Global Value, International Value and Gold strategies with Abhay Deshpande and Kimball Brooker. Matt joined First Eagle Investment Management, LLC in September 2008. Most recently, Matt worked for Goldman Sachs Asset Management (GSAM) in London where he served as co-portfolio manager of Global Equity Partners, a group he founded in 2003 that ran a focused global equity portfolio for offshore private wealth clients. The portfolio used a value-driven approach with an absolute return focus that emphasized low turnover and resilience in distressed environments.Matt started his career with Queensland Investment Corporation (Australia) in 1991, where he eventually managed over one billion dollars in international equity portfolios. In 1994, he joined Goldman Sachs in Sydney before moving to New York to GSAM’s U.S. Value team as a small cap research analyst. In 1997, he was appointed portfolio manager, and at the end of 1998, senior portfolio manager and co-portfolio manager, of the U.S. Small Cap Value and U.S. Mid Cap Value strategies. In 2001, Matt co-founded and was named Equity Chief Investment Officer of the Investment Strategy Group for Goldman’s private wealth management business and in 2002 was named a managing director of the firm. Born in Rabaul, Papua New Guinea, Matt grew up in Queensland, Australia and received his Bachelor of Commerce with first-class honors from the University of Queensland. He is a member of the Executive Committee of the Leadership Council of the Harvard School of Public Health, he serves as a member of the Board of Directors for the Foundation of the University of Queensland in America and on the Global Advisory Board of Advance, the leading network of expatriate Australian professionals. He also serves on the Trinity School Board of Trustees where he is as a member of the Investment and Education Committees. Matt holds the Chartered Financial Analyst (CFA) designation.
Manager
Start Date
Feb 28, 2011Tenure
6.26
Tenure Rank
3.5%
Kimball is Deputy Head of the Global Value team and a portfolio manager for the First Eagle Global Value and International Value strategies with Matt McLennan and Abhay Deshpande. He joined First Eagle’s Global Value team in 2009 as a senior research analyst covering banks, commercial services, financial services and holding companies. Kimball began his career in 1992 as a financial analyst at Lazard Frères & Co. From there, he joined J.P. Morgan as an associate in the Investment Banking Department’s billion-dollar Corsair private equity funds. In 1998, Kimball returned to J.P. Morgan after finishing his M.B.A. He was named Chief Investment Officer of the Corsair Funds and managing director in 2005. In 2006, Corsair successfully completed a spin-off from J.P. Morgan with nearly $3 billion under management. Kimball received his B.A. from Yale University and his MBA from Harvard University.
Category Low
0.0
Category High
28.3
Category Average
5.01
Category Mode
0.3
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