Bill Nygren Boosts European Equity to over 40% of PortfolioVW Staff
Bill Nygren Q2 letter to shareholders on his favorite value stocks in Japan and Europe.
The Oakmark Global Select Fund returned 8% for the quarter ended March 31, 2013, matching the MSCI World Index’s return of 8%. During the first half of the fiscal year, the Fund returned 19%, compared to 10% for the MSCI World Index. More importantly, the Fund has returned an average of 7% per year since inception, outperforming the MSCI World Index, which has averaged 3% per year over the same . . .
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