First Eagle Global Fund Class C (FESGX)

First Eagle Global Fund Class C is a diversified, actively managed mutual fund designed to provide long-term growth of capital. The fund follows a global allocation strategy, allocating its assets across a mix of U.S. and international equities, gold-related investments, and opportunistically, fixed income and short-term instruments. It employs a bottom-up, fundamental approach, seeking resilient companies with durable competitive advantages and purchasing them at prices below their intrinsic value. Notably, the fund maintains substantial flexibility and is not bound by geographic, sector, or market-cap constraints, enabling it to pursue opportunities worldwide. Gold and gold-related securities regularly represent a significant portion of holdings, underscoring its conservative, risk-aware profile. With a track record dating to 1970, the fund is recognized for its disciplined, value-oriented philosophy and its role as a core holding for investors seeking broad global exposure with a risk-conscious tilt. As a Class C share, it typically features level-load sales charges and is designed for investors prioritizing capital appreciation over current income or capital preservation.