Our Investments in DODFX

Posted by Sun on July 24, 2007
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have doubled :)

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 :D . 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

Get in before it’s too late!

BTW, what’s your favorite fund company?

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Categories : Investing, Mutual fund

8 Comments
July 24, 2007

I too am a big fan of Dodge and Cox. They have disciplined approach towards investors. Close funds when it’s appropriate, and don’t try to be everything to everyone. I respect a company that genuinely seems interested in the well being of it’s clients.

Posted by dong
September 28, 2007

Vanguard never lets me down

Posted by Moneymonk
February 6, 2008

I put $10K in late April or early May when it was at $38. Today my cost basis shows slightly more than $11K with an overall $-180 value to day, after yesterday’s big fall. I assume the $1K gain in cost value was dividends which I pay taxes on, so take some of that away. This hasn’t exactly been a good investment over the past 21 months.

Posted by Tom

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