In the fourth quarter of 2025, the First Eagle Overseas Fund's A Shares recorded a commendable return of 5.78%, with positive contributions stemming from diverse global regions, including both burgeoning and established European markets. While certain investments bolstered the fund's performance, others faced headwinds, providing a mixed but ultimately favorable outcome for the quarter.
First Eagle Overseas Fund's Q4 2025 Performance Highlights
In the final quarter of 2025, the First Eagle Overseas Fund (A Shares, excluding sales charges) achieved a notable return of 5.78%. This positive outcome was significantly influenced by strong performances across various geographic segments, particularly in dynamic emerging markets and the mature economies of Europe. Several key holdings played a pivotal role in this success. Gold bullion, a traditional safe-haven asset, proved to be a leading contributor, underscoring its value in diversified portfolios. Japanese robotics giant FANUC Corporation also demonstrated robust performance, as did the South Korean technology behemoth Samsung Electronics Co., Ltd. The luxury goods conglomerate LVMH Moet Hennessy Louis Vuitton SE further enhanced the fund's returns, alongside Samsung Electronics Co., Ltd. Pfd Non-Voting shares. Conversely, some holdings faced challenges, acting as principal detractors from the fund’s overall performance. These included Prosus N.V. Class N, Alibaba Group Holding Ltd., BAE Systems plc, Imperial Oil Limited, and NAVER Corp., each navigating unique market pressures during the period.
This quarter's performance underscores the critical role of diversification and strategic asset allocation in navigating complex global markets. The blend of traditional assets like gold with leading technology and luxury brands highlights a balanced approach to capitalize on growth opportunities while mitigating risks. Observing both the catalysts for success and the sources of underperformance provides valuable insights for future investment strategies, emphasizing the dynamic nature of international markets and the continuous need for vigilant portfolio management.