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WealthTrack: Guest: Jean Marie-Eveillard, Senior Advisor, First Eagle Funds
Interesting that in his personal portfolio, Eveillard owns "just over 15%" in gold bullion/gold equities, and he owns NO bonds......
He is always cautious and quite risk-averse, always has been by nature. And that's how he ran his fund for 25-30 years, SGENX, which had a great risk adjusted return under him. He won a lifetime achievement award by Morningstar, and also a Manager of the Year award.
In the bear market of 2000-2002, his fund was up 10% in each of those 3 years.....
Eveillard is also a person of high moral character and concern for people.
Comments
He is always cautious and quite risk-averse, always has been by nature.
And that's how he ran his fund for 25-30 years, SGENX, which had a great risk adjusted return under him. He won a lifetime achievement award by Morningstar, and also a Manager of the Year award.
In the bear market of 2000-2002, his fund was up 10% in each of those 3 years.....
Eveillard is also a person of high moral character and concern for people.