Interview with A Fund Manager: Matt McLennan, First Eagle Global Fund

Here is an interview with one of the two co-managers of one of the best global/flexible mutual funds on the planet. The fund tries to deliver good returns in good markets while protecting against the downside during bad markets. It is quite effective.

*down only 21% in 2008 (the foreign stock market was down 41%, the US down 37%)

*up 23% in 2009 (vs. up 27% for both Foreign and US).

*up over 7% per year for the past 5 years (the foreign market was up just 1% per year, the US market was almost exactly break-even).

Cut/paste the link below here to see the interview (I'll try figure out how to post links soon):

http://www.executiveinterviews.net/players/mini/default.asp?order=U13259