First Eagle Investments Expands into the ETF Market

How the FEGE ETF Works

The First Eagle Global Equity ETF (FEGE) invests at least 80% of its assets in equity securities, with a minimum of 40% allocated internationally, spanning at least three countries. This strategy provides broad global exposure while maintaining a significant U.S. presence.

FEGE employs a value-driven approach, targeting companies trading below their intrinsic value to reduce capital risk and maximize long-term growth potential. As of December 29, 2024, the fund held between 75 and 120 companies, including leading global names such as Meta, Alphabet, and Samsung Electronics.

How the FEOE ETF Works

The First Eagle Overseas Equity ETF (FEOE) focuses exclusively on international markets, emphasizing geographic diversification with at least 40% of its assets invested outside the U.S. This fund shares FEGE’s value-oriented strategy, targeting high-quality companies trading at a discount to intrinsic value.

While FEGE combines U.S. and international exposure, FEOE is designed to provide capital growth by investing solely in issuers located outside the United States. The fund’s equity portfolio is predominantly weighted toward developed markets, but it may include holdings in emerging markets, mirroring FEGE’s international exposure approach.

As of December 29, 2024, FEOE’s portfolio consisted of 50–100 companies, with top holdings including Shell, Danone, and Unilever.

Why Consider these ETFs

The First Eagle Global and Overseas Equity ETFs seeks resilient wealth creation in an effort to build long-term oriented portfolios that seek to persevere across disparate market conditions.

The team focuses on persistent businesses that posses scarce assets, sound balance sheets, and prudent management teams, and invests in these companies only when they are trading at a discount to our calculation of intrinsic value.

The ETFs are managed by an experienced management team as the Global Value team has been a pioneer in global value investing since 1979.

About First Eagle Investments

First Eagle Investments is an independent, privately owned investment management firm headquartered in New York with approximately $149 billion in assets under management as of September 30, 2024. * Dedicated to providing prudent stewardship of client assets, the firm focuses on active, fundamental, and benchmark-agnostic investing, with a strong emphasis on downside mitigation. The First Eagle ETFs leverage rigorous, bottom-up research to invest in high-quality stocks trading at discounts to their “intrinsic value”, an approach First Eagle’s Global Value team believes could help to avoid the permanent impairment of capital and drive its growth over the long term.

Please note this article is for information purposes only and does not in any way constitute investment advice. It is essential that you seek advice from a registered financial professional prior to making any investment decision.