If you are thinking about mutual funds, think Dodge and Cox. It is established in 1930, by Van Duyn Dodge and E. Morris Cox and the company headquarters are located at San Francisco, California. It provides four types of no-load mutual funds, namely the domestic equity fund, the international equity fund, the balanced equity fund and the income fund. These mutual funds give one a cost effective way to own a vast array of stocks portfolios and fixed income securities.
The investment approach for the mutual fund services of Dodge and Cox is conceptually the same as the investment approach for separate individualized accounts. Now let us take a look at the features of the different types of funds that this company offers. The Stock Fund aims to ensure long term-growth of the principle amount and your current income. This option is not available to new investors. The Stock Fund follows the strategy of investing mainly in a wide range of portfolios of common stocks.
The Stock Fund was incepted in 1965. The ticker symbol for the Stock Fund is DODGX and the total net assets it is applicable to; happen to be $69.4 million. The International Stock Fund option of Dodge and Cox is open to everybody. Like the Stock Fund, it aims to ensure long-term capital and income enhancements. It enables investment in varied portfolios of non-US equity securities. The year of its inception is 2001.
Its ticker symbol is DODFX and it applies to assets worth $51.7 billion. The Balanced Fund scheme of Dodge and Cox is not available to new investors. It aims to ensure consistent income and conserve the principle amount and like the other two options discussed earlier, enhance long-term investment and principle. The Balanced Fund allows one to invest in a huge variety of common stocks, preferred stocks and fixed income securities. This type of funding is incepted from the year 1931, has a ticker symbol of DODBX and applies to an asset of $28.8 billion value.
The last funding option of the Dodge and Cox is the Income Fund. This funding scheme is open to all investors. It endeavors to ensure a huge and consistent income rate to its investors at the same time preserving the principal amount. This funding allows one to invest in different types of superior-quality bonds and fixed income strategies. It was incepted in the year 1989 and has a ticker symbol of DODIX and applies to an asset of $15.5 billion.
Dodge and Cox has created a model for managing investment companies. They stress on independent ownership of the funds. They ensure stability of your capital and income and they maintain high ethical standards. They operate on the three principles of long-term investments, individualized investor security, diverse portfolio investments.
Dodge & Cox
