FEGE: Seeking Margin Of Safety Around The World In A Stretched Market
The First Eagle Global Equity ETF offers global value exposure with low sector risk in a diversified portfolio of 94 stocks. FEGE has outperformed the MSCI ACWI benchmark since inception, with a 5.9% higher annualized return, but has lagged over the past three months. While FEGE is attractive for global value investors, FGD presents stronger returns, lower volatility, and superior geographic diversification.
First Eagle Adds Active ETF Pair to Growing Lineup
After debuting its first ETFs in late 2024, First Eagle Investments just added two more funds to its growing active ETF lineup with the First Eagle Mid Cap Equity ETF (FEMD) and the First Eagle US Equity ETF (USFE). Per a press release, the firm has already accumulated $1.
Newer ETFs Are Not Necessarily Gimmicks
Every year, a large number of ETFs launch in December, aiming to get the benefit of a fresh calendar year of performance. Six months later, some of them have done so and garnered investor interest.
Why First Eagle Soared Into the ETF Market
At the end of 2024, a handful of well-established active managers entered the ETF market. One of them was First Eagle Investments.
