First Eagle U.S. SMID Cap Opportunity Fund Class A (FEMAX)

Overview

This investment fund predominantly puts its resources into equity securities of small- and mid-cap companies, aiming to capitalize on what the Adviser deems as undervalued securities' opportune moments. These investments are usually made with the belief that small- to mid-sized companies (smid cap) present unique growth opportunities that can be leveraged when they are undervalued by the market. In regular market conditions, the fund commits at least 80% of its net assets, along with any funds borrowed for investment purposes, towards the equity securities of U.S. smid cap companies. This strategy is geared towards investors looking for growth by investing in this specific segment of the market that could potentially offer above-average returns.

Products and Services

• Equity Securities Investments

  The fund's primary product is its investment in equity securities, which include common stocks, warrants, rights, and preferred stocks of U.S. small- and mid-cap companies. By focusing on this market segment, the fund seeks to uncover undervalued opportunities that promise growth and return on investment. These equity securities are chosen based on a meticulous analysis conducted by the Adviser, aiming to identify companies that are believed to be undervalued or to possess strong growth potential.

• Investment in U.S. Smid Cap Companies

  With at least 80% of its net assets devoted to investments in the equity securities of U.S. smid cap companies, the fund is deeply committed to this sector. The investment strategy targets companies that are seen as having better-than-average growth prospects but are currently undervalued by the market. This focus on smid cap companies is based on the Adviser’s assessment that these firms often offer more significant growth opportunities compared to their larger counterparts, while also being underfollowed by analysts, thus presenting unique investment opportunities.