Tweedy, Browne . Buybacks . Divs+Val Fd (Tweedy, Browne Worldwide High D) Fonds

The fund invests primarily in U.S. and foreign equity securities that have a buyback yield, which is the percentage reduction in the company’s shares outstanding, or a dividend yield, or both, and also appear to be undervalued – including undervaluation based on proprietary combinations of various numerical investment characteristics, a value score, and qualitative assessments. The adviser seeks to construct a diversified portfolio of stocks from a variety of industries and countries, including emerging market countries.