Commonwealth Funds: Global Fund
Global Fund Fact Sheet (XBRL Data Files)
The investment objective of the Commonwealth Global Fund is to provide long-term capital appreciation and current income. The Global Fund invests primarily in US and foreign equity securities, without regard to market capitalization, including common and preferred stock and securities convertible into common stock. The Fund also acquires debt securities.
As investors seek exposure to markets beyond the confines of the United States, there are terms used that help identify the marketplaces of the world. "Global" markets are generally described as including both United States domiciled companies and non-domiciled companies obviously from other countries. "International" portfolios are traditionally described as being of non- United States companies exclusively.
To capture both the United States and "international" investment exposures, the Commonwealth Global Fund was created. This fund invests in both equities and debt instruments of United States and non United States entities.
Equity markets outside of the United States represent a majority of the total value of all publicly traded equities. The goal of the Commonwealth Global Fund portfolio is to provide diversified investments that will benefit from the growth of companies in these strategically located distant economies.
The investment management of the Commonwealth Global Fund seeks to understand the productive capabilities of nations as they produce products and services to not only meet their own needs but the needs of other countries. Owning companies that produce products and services designed to meet the future needs of people is important to the management of the fund and allows the fund to be in the "pathway of progress" through time.
The analysis procedure is simple: We invest in "real" companies with "real" products using "financial processes" we believe we understand. This proven approach has led to investments in products & transportation, medical research, infrastructure, agriculture and solutions for water issues.
We believe long term opportunities like these underscore the reasons international investing has become of such significant importance through time.
Risks of Investment: Learn about the principal risksof investing in the Global Fund, which includes market, foreign security and geographic risk.
