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(As of September 12, 2007 the fund has re-opened. Please click here to read our re-opening announcement.)
Masters' Select International Fund invests in foreign stocks and seeks superior
long-term performance relative to its peer group of
international stock funds. Like Masters' Select Equity
Fund, each of the six managers separately runs a portion
of the portfolio composed of his highest conviction
stocks. The Fund may invest in emerging markets, although
it is expected that exposure to developed markets will
be significantly greater. Although each manager runs
a concentrated portfolio of no fewer than 8 or more
than 15 of his favorite ideas, the Fund as a whole is
diversified by industry, country and stocks.
Typically the Fund holds between
50 and 75 securities. The Fund seeks to maintain risk
in line with its peer group of international stock funds.
Click here to see Morningstar analysis on Masters' Select International Fund
The fund will invest in foreign securities. Investing in foreign securities exposes investors to economic, political and market risks and fluctuations in foreign currencies. Though not a small-cap fund, the fund may invest in the securities of small companies. Small-company investing subjects investors to additional risks, including security price volatility and less liquidity than investing in larger companies. |
