Longleaf Partners International Fund (LLINX)
Performance at 12/31/13
|Fund||Inception†||10 Yr||5 Yr||3 Yr||1 Yr||YTD||4Q||1 Mo|
|MSCI EAFE Index||112.60||95.09||79.69||26.55||22.78||22.78||5.71||1.50|
|Average Annual Returns||Total Return|
|MSCI EAFE Index||5.10||6.91||12.44||8.17||22.78||22.78||5.71||1.50|
Calendar Year Total Returns
Inception date is 10/26/98. During the inception year, the EAFE Index was available only at month-end; therefore the EAFE value at 10/31/98 was used to calculate performance since inception.
Fund returns include reinvested dividends and distributions, but do not reflect the reduction of taxes that a shareholder would pay on Fund distributions or the redemption of Fund shares. Returns of the unmanaged and unhedged EAFE Index include reinvested dividends and distributions. Prior to 2010, the Fund used currency hedging as an investment strategy. Current performance may be lower or higher than the performance quoted. The Prospectus and Summary Prospectus should be read carefully before investing to learn about the investment objectives, risks, charges and expenses of the Longleaf Partners Funds. Past performance is no guarantee of future results, fund prices fluctuate, and the value of an investment at redemption may be worth more or less than the purchase price.
The risks associated with an investment in the Longleaf Partners International Fund are detailed on page 10 of the Prospectus. These risks include stock market risk, investment selection risk, corporate ownership risk, non-diversification risk, non-US investment risk, focused geographic risk, and derivatives risk.
MSCI World and MSCI EAFE are service marks of MSCI Barra.