Donald Smith, L.P. manages investments for two registered pools, Donald Smith Value Fund, L.P. and Donald Smith Futures Fund, L.P. The Value Fund invests in various asset classes, while the Futures Fund focuses on financial, currency, and commodity futures. The firm is affiliated with Donald Smith & Co., Inc., and DSCO Value Fund, L.P. The firm's investment approach emphasizes fundamental security analysis and research.
Donald Smith, L.P. manages investments for pooled investment vehicles. The fee structure includes both a management fee and an incentive fee (based on performance).