Bestinvest says
The management groups staff model is to take new recruits straight from business school and keep them for their entire working career. Analysts seem motivated for the common good of the fund not just for their own sector. We need to see more of the team before we can rate this fund, which will take time as they are based in San Francisco. Overtime we should see more of their analysts as they cover their sectors globally (and will eventually come through London). The team do not a stunning MRI but their long track record and low staff turnover is part of their USP.
In selecting investments, the Fund invests in companies that, in Dodge & Cox’s opinion, appear to be temporarily undervalued by the stock market but have a favorable outlook for long-term growth.