Barron's Spotlights First Eagle Fund

Barron's praised the the First Eagle Global fund and its managers in this article over the weekend, which noted that the conservatively managed fund has produced returns that beat 99 percent of its peers over the past 15 years.

The fund, a component of the Bradway Strategic Portfolio, is notable for avoiding market sectors that turn into bubbles that eventually burst. It stayed out of the technology sector in the late 1990s, for example, and the financial sector in the 2000s – decisions that protected investors' capital.

Instead, the fund takes a patient approach that fits well with our long-term investment horizon. "It can be lonely, but we are not followers. We plant seeds and watch the plant grow," fund manager Matthew McLennan told Barron's.