First Eagle Overseas Fund (SGOIX)
First Eagle Overseas Fund operates in the Asset Management industry of the Financial Services sector, headquartered in New York, NY, US. The stock last traded at $34.54, up 0.55% on the session, giving a market capitalisation of $16.98B. Its beta of 0.72 implies it has historically moved less than the broad market.
This fund primarily aims to invest in the shares of companies based outside the United States. Its focus is predominantly on firms listed in well-established, developed markets, such as Japan, Germany, and France. However, it also retains the flexibility to seek investment opportunities in countries with evolving economies. A core principle is that a minimum of 80% of its net assets (including any capital borrowed for investment) must be committed to international securities. This 80% allocation also incorporates the value of appropriate derivative instruments. For valuation purposes, every position, including derivatives, is assessed according to its recorded book price.
First Eagle Overseas Fund is most often compared with the following Financial Services names: