Smead International Value Fund Y (SVXYX)

Overview

This investment fund focuses on capital growth by investing predominantly in large-cap companies outside the United States. By targeting non-U.S. markets, the fund aims to offer investors exposure to international businesses, potentially diversifying their investment portfolios and tapping into growth opportunities overseas. The fund operates by maintaining a concentrated portfolio of approximately 25-30 companies, ensuring that each chosen company represents a significant investment decision based on rigorous selection criteria. By committing at least 80% of its net assets, including borrowings for investment purposes, to stock in non-U.S. companies, the fund adheres to a strategy designed to capture the dynamics of developed markets outside the American economic sphere. Given its approach, the fund falls under the category of non-diversified, meaning it may invest more of its assets in a smaller number of issuers than a diversified fund would.

Products and Services

• Investment in Non-U.S. Companies

The core of this fund's strategy lies in its commitment to invest at least 80% of its net assets in the equity of non-U.S. companies. By focusing on developed markets, the fund seeks to leverage international growth patterns and economic cycles distinct from those in the United States. This approach offers investors an avenue to diversify their portfolios beyond domestic borders, potentially mitigating risks and capitalizing on global opportunities.

• Large-cap Company Investments

Focusing on large-cap companies, the fund aims at stable growth by investing in established firms with significant market capitalizations. These entities are usually leaders in their respective industries or sectors, offering products or services on a global scale. With their substantial resources and operational scale, large-cap companies can provide a balance of growth potential and reduced volatility, which is attractive for investors looking to invest internationally.

• Concentrated Portfolio

To maximize potential returns, the fund maintains a concentrated portfolio of about 25-30 companies. This strategy allows for more significant investment in each company, potentially leading to higher returns if those companies perform well. However, it also increases risk as the fund's performance is more closely tied to a smaller number of investments. This approach is best suited for investors who are comfortable with higher risk in exchange for the possibility of greater rewards.