Markets are not always efficient. Sometimes investors are compelled to sell not because a business has lost its value, but for reasons entirely unrelated to its fundamentals. Analyst Jay Hill explains what forced selling is, why it happens, and how Tweedy, Browne looks to turn that market inefficiency into an opportunity.
All investing involves the risk of loss, including the loss of principal.
An investor should consider the investment objectives, risks, and charges and expenses of the fund carefully before investing. Click here or call 1-800-617-0004 for a copy of the Fund’s prospectus, which contains this and other information about the fund. The prospectus should be read carefully before investing.
As of May 31, 2026, COPY and ICPY had invested the following percentages of their net assets in CVS Group: COPY (0.48%), ICPY (0.0%). Current and future portfolio holdings are subject to change.
To view current Fund Holdings: COPY, ICPY
GLOSSARY
Market capitalization is the current value of a publicly traded company, based on the total dollar amount that all of its outstanding shares are worth.
The FTSE 250 Index comprises mid-capitalized companies not covered by the FTSE 100 and represents approximately 15% of UK market capitalization.