Fiduciary Management International Equity Fund’s Q3 2020 Investor Letter

Fiduciary Management, Inc recently released its Q3 2020 Investor Letter, a copy of which you can download here. In the third quarter, the FMI International portfolios continued to rebound, advancing approximately 4.7% (currency hedged) and 6.9% (currency unhedged), which compares with an MSCI EAFE Index gain of 1.22% in local currency (LOC) and 4.80% in U.S. Dollars (USD). You should check out Fiduciary Management’s top 5 stock picks for investors to buy right now, which could be the biggest winners of the stock market crash.