SAN FRANCISCO, May 2, 2014 /PRNewswire/ -- Dodge & Cox, one of the largest privately owned investment advisers in the world, announced today the opening of its fourth UCITS fund, the Dodge & Cox Worldwide Funds plc --Global Bond Fund.
The Global Bond Fund invests primarily in debt securities across countries (both developed and emerging market) and currencies (U.S. and non-U.S.). The Barclays Global Aggregate Bond Index serves as the Fund's benchmark. The Global Bond Fund is managed by the Global Bond Investment Policy Committee, whose six members have an average tenure at Dodge & Cox of 19 years. This team has been managing a private global bond fund with proprietary assets since December 2012.
Dana Emery, Dodge & Cox's Chief Executive Officer, President, and Director of Fixed Income commented on the opening, "Dodge & Cox has been investing internationally for over 25 years in both our fixed income and equity strategies. Over time we have deepened and broadened our global research capabilities, at the same time that we have seen greater globalization of both economies and markets. We believe that global bonds represent a durable, investable, and attractive asset class, and we feel well positioned to take advantage of growing opportunities across global fixed income markets."
The Global Bond Fund shares many of the same characteristics as the other Dodge & Cox Worldwide Funds, including a team-oriented decision making process, low expenses, a focus on fundamental research and individual security selection, and a long-term investment horizon.
Charles Pohl, Chairman and Chief Investment Officer of Dodge & Cox also commented, "Given our global research reach, integrated investment team, and the collaborative process we employ across both equity and fixed income strategies, a global bond fund is a natural progression in our offerings to investors. We launched the Global Stock Fund in 2009 and the International and U.S. Stock Funds in 2010. The launch of the Global Bond Fund is exciting for us as it rounds out our product offerings."
Effective today, the Dodge & Cox Global Bond Fund is now offered to eligible shareholders, in a variety of share classes. Additional information can be found on the Dodge & Cox Worldwide Funds' website.
Founded in 1930, Dodge & Cox manages over $234 billion for individual and institutional investors in mutual funds, UCITS, and private accounts as of March 31, 2014. For more information on Dodge & Cox, please visit our website: www.dodgeandcoxworldwide.com [http://www.dodgeandcoxworldwide.com/].
These materials are for informational and discussion purposes only. This information should not be considered a solicitation or an offer to purchase shares of any Dodge & Cox sponsored or advised product or a solicitation or an offer by Dodge & Cox Worldwide Investments Ltd (or any affiliate) to provide any services in any jurisdiction. The views expressed herein represent the opinions of Dodge & Cox Worldwide Investments Ltd and are not intended as a forecast or guarantee of future results for any product or service. The Dodge & Cox Worldwide Funds plc are currently registered for distribution in Denmark, Finland, Germany, Ireland, the Netherlands, Norway, Sweden, Switzerland, and the United Kingdom.
* As an Irish Undertakings for Collective Investments in Transferable Securities (UCITS) compliant fund, Dodge & Cox Worldwide Funds plc may freely market and sell shares in these funds throughout the European Economic Area where the UCITS has complied with the notification and cross-border registration processes under the UCITS Directive or otherwise complies with applicable law.
Dodge & Cox
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