Southeastern Asset Management [profile] has rolled out its first U.S. open-end fund since 1998, and its first global mutual fund ever, for sale in the United States, reports Morningstar. The fund, dubbed LongLeaf Global will invest at least 40 percent of its assets outside the U.S.

The research firm notes that sibling funds  Longleaf Partners and  Longleaf Partners Small-Cap have netted Gold Morningstar Analyst Ratings while  Longleaf Partners International  is rated Bronze. 

Edited by: Tommy Fernandez


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