SAN FRANCISCO, Jan.8 2013 /PRNewswire/ -- Dodge & Cox, one of the largest privately owned investment advisers in the world, announced today that the Dodge & Cox Worldwide Funds plc are now available for public offer and sale to investors in Switzerland. The Dodge & Cox Worldwide Funds are Ireland-domiciled UCITS* and offer the following three strategies: Global Stock Fund, International Stock Fund, and U.S. Stock Fund. The Funds were authorized for public distribution in Switzerland by the Swiss Financial Market Supervisory Authority (FINMA).
Since the launch of Dodge & Cox's UCITS Funds – starting in 2009 with the Global Stock Fund, and the subsequent launch of the International and U.S. Stock Funds in 2010 – Dodge & Cox has been committed to serving European investors. Kenneth E. Olivier, Dodge & Cox's Chairman and Chief Executive Officer, commented on the registration, "Dodge & Cox is pleased to be able to meet the demand for our services from Swiss investors and their advisors. For over 80 years, Dodge & Cox has provided investment management to institutions and individuals and has established a successful track record based on our disciplined investment approach. That approach continues today, as we announce the registration and distribution of the Dodge & Cox Worldwide Funds in Switzerland."
Dodge & Cox's investment approach is guided by a long-term investment horizon, strict price discipline, and thorough, independent research of individual holdings. The average tenure at Dodge & Cox for the members of the three Investment Policy Committees that serve as the decision-making bodies for the Worldwide Funds ranges from 21 to 27 years. The Worldwide Funds also reflect Dodge & Cox's commitment to low expense ratios and low portfolio turnover.
Founded in 1930, Dodge & Cox manages over $188 billion for individual and institutional investors in mutual funds and private accounts as of 30 November 2012. Dodge & Cox is one of the largest privately owned investment advisers in the world. For more information on the Dodge & Cox Worldwide Funds please visit our website: www.dodgeandcoxworldwide.com.
These materials are for informational and discussion purposes only. This information should not be considered a solicitation or an offer to purchase shares of any Dodge & Cox sponsored or advised product or a solicitation or an offer by Dodge & Cox Worldwide Investments Ltd. (or any affiliate) to provide any services in any jurisdiction. The views expressed herein represent the opinions of Dodge & Cox Worldwide Investments Ltd. and are not intended as a forecast or guarantee of future results for any product or service. The Dodge & Cox Worldwide Funds plc are currently registered for distribution only in Ireland, United Kingdom, and Switzerland.
* As an Irish Undertakings for Collective Investments in Transferable Securities (UCITS) compliant fund, Dodge & Cox Worldwide Funds plc may freely market and sell shares in these funds throughout the European Economic Area where the UCITS has complied with the notification and cross-border registration processes under the UCITS Directive or otherwise complies with applicable law.
SOURCE Dodge & Cox Worldwide Investments Ltd.