When I checked with Quicken last night, I found that our investments in Dodge & Cox International Fund (DODFX) have gained 100%, the first fund in my collection that has posted triple digits return.
I purchased my first share of DODFX on June 9, 2003 at $17.41. Since then, I have been making regular investment of $100 every month into the fund, though I don’t use their automatic investment plan. In just a little over four years, the share price has increased more than 200% to $50.41 as of yesterday and the $2,500 initial investment I made four years ago is now worth $7,254, even without considering capital gain and dividend distributions.
About two weeks ago, Five Cent Nickel asked his readers to name their favorite mutual fund companies. With Vanguard and Fidelity being the obvious choices of many people, my favorite is Dodge & Cox as I own three quarters of their fund offerings . Unlike Vanguard, Fidelity, or many other fund companies whose products cover almost every sector and category in both fixed income and equities, Dodge & Cox, a company that has been in the business since 1930, only has four funds: stock fund (DODGX), international fund, income fund (DODIX), and balanced fund (DODBX), and two of them, DODGX and DODBX, are closed to new investors. If you are considering adding foreign funds to your portfolio, DODFX would make an excellent candidate (Oakmark International Fund (OAKIX) is also worth considering), and if you want to invest in DODFX, then
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