On September 10, 2025, Tweedy, Browne Company LLC, launched the International Insider + Value ETF (ICPY). The ETF is both actively managed and fully transparent, which might engender some risk (for example, front-running by high-speed traders) but also simplifies the structure and reduces complexity.
The managers have the freedom to create an all-cap, all-world portfolio that can invest in developed and developing markets and, to a limited extent, in the US. The plan is simple Continue reading →