Davis Global Fund’s Q3 2021 Investor Letter

Davis Funds, an investment management firm, published its “Davis Global Fund” third quarter 2021 investor letter – a copy of which can be downloaded here. For the first seven months of 2021, Davis Global Fund returned 0.40%, underperforming the MSCI ACWI (All Country World Index) return of 13.08% by −12.68%. You can take a look at the fund’s top 5 holdings to have an idea about their best picks for 2021.