SAN FRANCISCO, Oct. 9, 2012 /PRNewswire/ -- Dodge & Cox, one of the largest privately owned investment advisers in the world, announced today that Dodge & Cox Worldwide Funds plc, organised as an Ireland‐domiciled UCITS*, was recently added to the Ascentric Wrap platform.
The Ascentric Wrap platform is available exclusively to financial advisers and offers a fully integrated online investment management and dealing platform. The platform allows advisers to select investments from a wide range of investment vehicles for private investors. Dodge & Cox Worldwide Funds will join the lineup of approximately 3,500 other funds available for advisers on the platform.
Managed by Dodge & Cox Investment Policy Committees, the Dodge & Cox Worldwide Funds consist of three UCITS funds: Global Stock Fund, International Stock Fund, and U.S. Stock Fund. The investment strategies and portfolios of the Funds mirror those of the U.S.-based Dodge & Cox Funds relying on the same investment philosophy—long-term investment horizon, low valuation, strict price discipline, and thorough independent research of individual holdings.
"We are delighted to be included as an option on the Ascentric platform. As we build our UCITS business, financial advisers, as they do in the United States, will play an important role in educating individual investors about our funds," commented Kenneth Olivier, Chairman and Chief Executive Officer of Dodge & Cox.
Dodge & Cox Worldwide Funds are now offered to eligible shareholders by financial advisers through the Raymond James and Ascentric platforms or directly through the Funds' website.
Founded in 1930, Dodge & Cox manages over $180 billion for individual and institutional investors in mutual funds, UCITS, and private accounts as of 30 September 2012. For more information on Dodge & Cox Worldwide Funds, please visit our website: www.dodgeandcoxworldwide.com.
These materials are for informational and discussion purposes only. This information should not be considered a solicitation or an offer to purchase shares of any Dodge & Cox sponsored or advised product or a solicitation or an offer by Dodge & Cox Worldwide Investments Ltd (or any affiliate) to provide any services in any jurisdiction. The views expressed herein represent the opinions of Dodge & Cox Worldwide Investments Ltd and are not intended as a forecast or guarantee of future results for any product or service. The Dodge & Cox Worldwide Funds are currently registered for distribution only in Ireland, United Kingdom and Switzerland.
* As an Irish Undertakings for Collective Investments in Transferable Securities (UCITS) compliant fund, Dodge & Cox Worldwide Funds plc may freely market and sell shares in these funds throughout the European Economic Area where the UCITS has complied with the notification and cross‐border registration processes under the UCITS Directive or otherwise complies with applicable law.
SOURCE Dodge & Cox