Welcome to our Commentary & Insight page — a resource for thoughtful perspectives on value investing, market behavior, and company research. Here you’ll find original papers, portfolio commentary, interviews, and firm updates, all designed to keep investors informed about our strategy, outlook, and the thinking behind our decisions.
To access the Funds’ prospectus click here. Please read the prospectus carefully before investing.
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COMMENTARY
Q2
2026
Different Perspectives on Investment Performance: International Value Fund
A historical perspective concerning the year-by-year variability of investment returns for the International Value Fund.
Currency Hedging Simplified
A streamlined explanation about how currency hedging works to reduce foreign currency risk.
The Dichotomy Between US and Non-US Returns
Examining long-term results of the S&P 500 and MSCI EAFE Indexes.
COMMENTARY
Q1
2026
ANNUAL
2026
STATEMENTS
ANNUAL
2026
TSRs