Tweedy, Browne announced that investment committee member Sean McDonald left the firm on June 30, 2022. McDonald, who joined Tweedy, Browne in 2009, was the newest member of the seven-member committee, having been appointed in January 2021. Replacing McDonald on the investment committee is Andrew Ewert, who had been an analyst on the team since 2016. Ewert comes with good credentials. He boasts 20-plus years of investment experience—including stints at value-oriented shops Ruane, Cunniff & Goldfarb and Equinox Partners—and is in tune with the firmwide approach employed. More broadly, the committee continues to rank among the industry’s most experienced, averaging 36 years in the industry and 28 years with the firm. Moreover, the committee takes a collegial approach to portfolio management, which allows for multiple inputs during discussions while mitigating key-person risk.
Tweedy, Browne International Value Fund TBGVX
NAV / 1-Day Return
24.47
/
0.61
%
Total Assets
5.4 Bil
Adj. Expense Ratio
1.340%
Expense Ratio
1.340%
Fee Level
High
Longest Manager Tenure
29.28
years
Category
Foreign Large Value
Investment Style
Large BlendMin. Initial Investment
2,500
Status
Open
TTM Yield
1.46%
Turnover
—
Morningstar’s Fund Analysis TBGVX
Will TBGVX outperform in future?
Get our overall rating based on a fundamental assessment of the pillars below.
Process Pillar
The Process Pillar is our assessment of how sensible, clearly defined, and repeatable TBGVX’s performance objective and investment process is for both security selection and portfolio construction.
People Pillar
The People Pillar is our evaluation of the TBGVX management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.
Parent Pillar
The Parent Pillar is our rating of TBGVX’s parent organization’s priorities and whether they’re in line with investors’ interests.
A Change to Tweedy, Browne’s Investment Committee Does Not Affect Its Ratings
