Global Masters Fund (ASX code: GFL) was created to satisfy a growing appetite for investing globally in order to spread risk and to benefit from the rewards available in some of the higher growth global economies.
Currently Global Masters has the majority of its investment in the USA domiciled investment company, Berkshire Hathaway Inc. (NYSE code: BRK:A) with the remainder in bond and cash funds.
Berkshire Hathaway, arguably the world's most successful investment company, has achieved an average return of 21.9% p.a. over the past 40 years and is still actively managed by its founders Warren Buffet and Charles Munger.
An investment in Global Masters is suited to investors who are seeking long-term capital growth from a portfolio managed by one of the most respected investors in the USA.