Third Avenue Value Fund Q3 2019 Letter

Fund Letters profile picture
Fund Letters
11.29K Followers

Summary

  • Our flagship mutual fund's high conviction strategy seeks to invest in undervalued securities across industries, regions and market capitalizations. Our fundamental analysis seeks to identify stocks trading below their intrinsic value.
  • For the three months ended September 30th, 2019, the Third Avenue Value Fund (the “Fund”) returned (9.93%), compared to the MSCI World Index, which returned 0.66%.
  • The escalation of the U.S. and China trade war during recent quarters has, broadly speaking, been a substantial headwind to Fund performance.

THIRD AVENUE VALUE FUND
16

Original Post

Editor's Note: The summary bullets for this article were chosen by Seeking Alpha editors.

This article was written by

Fund Letters profile picture
11.29K Followers
Select quarterly fund letters.
Follow
To ensure this doesn’t happen in the future, please enable Javascript and cookies in your browser.
Is this happening to you frequently? Please report it on our feedback forum.
If you have an ad-blocker enabled you may be blocked from proceeding. Please disable your ad-blocker and refresh.