Schultz directed the Muchmores to nine solid, albeit not cheap, mutual funds, such as FirstEagle Gold Fund, which charges 1.41% of assets yearly and a maximum 5% upfront sales charge.
Eveillard's FirstEagle Global Fund, which has enjoyed a five-year annualized return of 18% (compared with 15% at MSCIs World Index), has been steadily increasing its positions in Japanese stocks to 21% of the fund, behind only U.S. stocks at 24%.
Another fund targeting such small European companies is the FirstEagle SoGen Overseas fund ( SGOIX) , managed by Charles de Vaulx and Jean-Marie Eveillard.