MutualFundWire.com: First Eagle Flies High
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Monday, February 14, 2005

First Eagle Flies High


The New York, New York-based advisor to the First Eagle Funds announced that it closed the $5.3 billion First Eagle Overseas fund to new investors effective February 2.

Jean-Marie Eveillard, one of the fund's managers, said that the fund's inflows have "continued to accelerate" and that the fund currently held 25 percent of its assets in cash. The fund is also managed by Charles de Vaulx.


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