Scout Global Equity Fund Interview

Scout Global Equity Fund Interview by Holmes Osborne, CFA

[timeless]

Looking at the Scout Global Equity Fund’s holdings, you will notice several reoccurring themes–yearly rising revenues and earnings, high profit margins, low debt, and nice dividend yields.  The funds seasoned managers scour the globe for companies that meet the profile of what they call the Three M’s:  management, moat, and market share.

Co-lead portfolio manager Jim Moffett has been with UMB since 1979 and formerly ran the Scout International Fund.  Moffett delivers the economic theme for the team.  He feels that developed economies  have …”been too dependent upon monetary policy and that has been a drag around the world”.  Deficit hawks have been too afraid to spend money.  All this obsession with what...