UL - Tweedy Browne Fund Q1 2022 Commentary

• Tweedy, Browne Company LLC provides investment advisory services. The Company offers portfolio management, financial planning, and consulting services for individuals, institutions, partnerships, pension and profit-sharing plans, charitable foundations, trusts, and offshore funds. Tweedy, Browne serves investors in the U.S.
• This challenging environment favored value stocks, and all four of the Tweedy, Browne Funds outperformed their respective primary benchmark indices during the quarter.
• Over the last several decades, the global stock markets have endured some pretty grim news, but in our experience, those who persevered generally prospered.
• We remain focused on taking advantage of the pricing opportunities that inevitably present themselves in uncertain market environments like the one at hand.

For further details see: