0000930413-19-000962.txt : 20190315 0000930413-19-000962.hdr.sgml : 20190315 20190315162545 ACCESSION NUMBER: 0000930413-19-000962 CONFORMED SUBMISSION TYPE: 485BPOS PUBLIC DOCUMENT COUNT: 56 FILED AS OF DATE: 20190315 DATE AS OF CHANGE: 20190315 EFFECTIVENESS DATE: 20190315 FILER: COMPANY DATA: COMPANY CONFORMED NAME: FIRST EAGLE FUNDS CENTRAL INDEX KEY: 0000906352 IRS NUMBER: 000000000 STATE OF INCORPORATION: DE FISCAL YEAR END: 1031 FILING VALUES: FORM TYPE: 485BPOS SEC ACT: 1933 Act SEC FILE NUMBER: 033-63560 FILM NUMBER: 19685373 BUSINESS ADDRESS: STREET 1: 1345 AVENUE OF THE AMERICAS CITY: NEW YORK STATE: NY ZIP: 10105 BUSINESS PHONE: 212-698-3393 MAIL ADDRESS: STREET 1: 1345 AVENUE OF THE AMERICAS CITY: NEW YORK STATE: NY ZIP: 10105 FORMER COMPANY: FORMER CONFORMED NAME: FIRST EAGLE FUNDS INC DATE OF NAME CHANGE: 20030103 FORMER COMPANY: FORMER CONFORMED NAME: FIRST EAGLE SOGEN FUNDS INC DATE OF NAME CHANGE: 20000403 FORMER COMPANY: FORMER CONFORMED NAME: SOGEN FUNDS INC DATE OF NAME CHANGE: 19930714 FILER: COMPANY DATA: COMPANY CONFORMED NAME: FIRST EAGLE FUNDS CENTRAL INDEX KEY: 0000906352 IRS NUMBER: 000000000 STATE OF INCORPORATION: DE FISCAL YEAR END: 1031 FILING VALUES: FORM TYPE: 485BPOS SEC ACT: 1940 Act SEC FILE NUMBER: 811-07762 FILM NUMBER: 19685372 BUSINESS ADDRESS: STREET 1: 1345 AVENUE OF THE AMERICAS CITY: NEW YORK STATE: NY ZIP: 10105 BUSINESS PHONE: 212-698-3393 MAIL ADDRESS: STREET 1: 1345 AVENUE OF THE AMERICAS CITY: NEW YORK STATE: NY ZIP: 10105 FORMER COMPANY: FORMER CONFORMED NAME: FIRST EAGLE FUNDS INC DATE OF NAME CHANGE: 20030103 FORMER COMPANY: FORMER CONFORMED NAME: FIRST EAGLE SOGEN FUNDS INC DATE OF NAME CHANGE: 20000403 FORMER COMPANY: FORMER CONFORMED NAME: SOGEN FUNDS INC DATE OF NAME CHANGE: 19930714 0000906352 S000011211 First Eagle Global Fund C000030894 Class A SGENX C000030895 Class I SGIIX C000030896 Class C FESGX C000179763 Class R3 EARGX C000179764 Class R4 EAGRX C000179765 Class R5 FRGLX C000179766 Class R6 FEGRX C000182924 Class T FEGTX 0000906352 S000011212 First Eagle Overseas Fund C000030897 Class A SGOVX C000030898 Class I SGOIX C000030899 Class C FESOX C000179767 Class R3 EAROX C000179768 Class R4 FIORX C000179769 Class R5 FEROX C000179770 Class R6 FEORX C000182925 Class T FEOTX 0000906352 S000011213 First Eagle U.S. Value Fund C000030900 Class A FEVAX C000030901 Class I FEVIX C000030902 Class C FEVCX C000179771 Class R4 FIVRX C000179772 Class R5 FERVX C000179773 Class R6 FEVRX C000179774 Class R3 EARVX C000182926 Class T FEVTX 0000906352 S000011214 First Eagle Gold Fund C000030903 Class A SGGDX C000030904 Class I FEGIX C000030905 Class C FEGOX C000179775 Class R3 EAURX C000179776 Class R4 FIURX C000179777 Class R5 FERUX C000179778 Class R6 FEURX C000182927 Class T FEUTX 0000906352 S000011215 First Eagle Fund of America C000030906 Class Y FEAFX C000030907 Class C FEAMX C000030908 Class A FEFAX C000124490 Class I FEAIX C000179779 Class R3 EARFX C000179780 Class R4 EAFRX C000179781 Class R5 FERFX C000179782 Class R6 FEFRX C000182928 Class T FEFTX 0000906352 S000035180 First Eagle High Yield Fund C000108220 Class A FEHAX C000108221 Class C FEHCX C000108222 Class I FEHIX C000179783 Class R3 EARHX C000179784 Class R4 FIHRX C000179785 Class R5 FERHX C000179786 Class R6 FEHRX C000182929 Class T FEHTX 0000906352 S000035750 First Eagle Global Income Builder Fund C000109583 Class A FEBAX C000109584 Class C FEBCX C000109585 Class I FEBIX C000179787 Class R3 FBRRX C000179788 Class R4 FIBRX C000179789 Class R5 EABRX C000179790 Class R6 FEBRX C000182930 Class T FEITX 485BPOS 1 c92705_485bpos.htm

As filed with the Securities and Exchange Commission on March 15, 2019

 

REGISTRATION NO. 033-63560 and 811-7762

 

 

 

SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, D.C. 20549

 

 

 

FORM N-1A

 

REGISTRATION STATEMENT
UNDER

 

THE SECURITIES ACT OF 1933  
PRE-EFFECTIVE AMENDMENT NO.  
   
POST-EFFECTIVE AMENDMENT NO. 91  

 

AND/OR
REGISTRATION STATEMENT
UNDER

 

THE INVESTMENT COMPANY ACT OF 1940  
   
AMENDMENT NO. 93  

 

(CHECK APPROPRIATE BOX OR BOXES)

 

 

 

FIRST EAGLE FUNDS

(EXACT NAME OF REGISTRANT AS SPECIFIED IN CHARTER)

 

 

 

1345 AVENUE OF THE AMERICAS
NEW YORK, NY 10105

(ADDRESS OF PRINCIPAL EXECUTIVE OFFICES)

 

REGISTRANT’S TELEPHONE NUMBER, INCLUDING AREA CODE: (212) 698-3300

 

SHEELYN MICHAEL

 

FIRST EAGLE FUNDS

 

1345 AVENUE OF THE AMERICAS
NEW YORK, NY 10105

(NAME AND ADDRESS OF AGENT FOR SERVICE)

 

 

 

COPY TO:

NATHAN J. GREENE, ESQ.
SHEARMAN & STERLING LLP
599 LEXINGTON AVENUE
NEW YORK, NY 10022

 

 

 

It is proposed that this filing will become effective (check appropriate box):

 

x immediately upon filing pursuant to paragraph (b)

 

o on (date) pursuant to paragraph (b) of Rule 485

 

o 60 days after filing pursuant to paragraph (a)(1)

 

o on (date) pursuant to paragraph (a)(1) of Rule 485

 

o 75 days after filing pursuant to paragraph (a)(2)

 

o on (date) pursuant to paragraph (a)(2) of Rule 485 If appropriate, check the following box:

 

o this post-effective amendment designates a new effective date for a previously filed post-effective amendment.

 

 

 

 

SIGNATURES

Pursuant to the requirements of the Securities Act of 1933 and the Investment Company Act of 1940, the Registrant certifies that it meets all of the requirements for the effectiveness of this Registration Statement pursuant to Rule 485(b) under the Securities Act of 1933 and the Registrant has duly caused this Post-Effective Amendment to its Registration Statement to be signed on its behalf by the undersigned, thereunto duly authorized, in the City of New York and State of New York, as of the 15th day of March, 2019.

 

FIRST EAGLE FUNDS  
     
By:  /s/ MEHDI MAHMUD  
     
  MEHDI MAHMUD
PRESIDENT
 

 

Pursuant to the requirements of the Securities Act of 1933, this Post-Effective Amendment to the Registration Statement has been signed below by the following persons in the capacities and on the dates indicated.

 

SIGNATURE   CAPACITY   DATE
         
/s/ LISA ANDERSON*   Trustee   March 15, 2019
(LISA ANDERSON)        
         
/s/ JOHN P. ARNHOLD*   Trustee   March 15, 2019
(JOHN P. ARNHOLD)        
         
/s/ JEAN-MARIE EVEILLARD*   Trustee   March 15, 2019
(JEAN-MARIE EVEILLARD)        
         
/s/ CANDACE K. BEINECKE*   Trustee   March 15, 2019
(CANDACE K. BEINECKE)        
         
/s/ JEAN D. HAMILTON*   Trustee   March 15, 2019
(JEAN D. HAMILTON)        
         
/s/ JAMES E. JORDAN*   Trustee   March 15, 2019
(JAMES E. JORDAN)        
         
/s/ WILLIAM M. KELLY*   Trustee   March 15, 2019
(WILLIAM M. KELLY)        
         
/s/ PAUL J. LAWLER*   Trustee   March 15, 2019
(PAUL J. LAWLER)        
         
/s/ JOSEPH MALONE*   Chief Financial Officer   March 15, 2019
(JOSEPH MALONE)        

 

 

 

*By: /S/ SHEELYN MICHAEL  
  Sheelyn Michael  
  Power-of-Attorney  

SIGNATURES

First Eagle Global Cayman Fund, Ltd., First Eagle Overseas Cayman Fund, Ltd., First Eagle U.S. Value Cayman Fund, Ltd. and First Eagle Gold Cayman Fund, Ltd. has duly cause this Post-Effective Amendment to the Registration Statement to be signed on its behalf by the undersigned, thereunto duly authorized in the City of New York and State of New York, as of the 15th day of March, 2019.

 

FIRST EAGLE GLOBAL CAYMAN FUND, LTD.
FIRST EAGLE OVERSEAS CAYMAN FUND, LTD.
FIRST EAGLE U.S. VALUE CAYMAN FUND, LTD.
FIRST EAGLE GOLD CAYMAN FUND, LTD.

 

SIGNATURE   CAPACITY   DATE
         
/s/ PETER HUBER*   Director   March 15, 2019
(PETER HUBER)        
         
/s/ GLENN MITCHELL*   Director   March 15, 2019
(GLENN MITCHELL)        

 

*By: /S/ SHEELYN MICHAEL  
  Sheelyn Michael  
  Power-of-Attorney  

Exhibit Index

 

Exhibit No. Description
EX-101.INS XBRL Instance Document
EX-101.SCH XBRL Taxonomy Extension Schema Document
EX-101.DEF XBRL Taxonomy Extension Definition Linkbase
EX-101.LAB XBRL Taxonomy Extension Labels Linkbase
EX-101.PRE XBRL Taxonomy Extension Presentation Linkbase
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"Other Expenses" shown generally reflect actual expenses for the Fund for the fiscal year ended October 31, 2018 and estimated expenses in the case of newly organized share classes. The Adviser has contractually agreed to waive its management fee at an annual rate in the amount of 0.05% of the average daily value of the Fund's net assets for the period through February 29, 2020. This waiver has the effect of reducing the management fee shown in the table for the term of the waiver from 0.75% to 0.70%. The Adviser has contractually agreed to waive its management fee at an annual rate in the amount of 0.10% of the average daily value of the Fund's net assets for the period through February 29, 2020. This waiver has the effect of reducing the management fee shown in the table for the term of the waiver from 0.70% to 0.60%. Closed to new investors. 0.90% of the first $2.25 billion of the Fund's average daily net assets, 0.85% of the next $2.75 billion of average daily net assets, and 0.80% of average daily net assets in excess of $5 billion. "Other Expenses" shown generally reflect actual expenses for the Fund for the fiscal year ended October 31, 2018 as adjusted for estimates in the case of newly organized share classes. FIRST EAGLE FUNDS 485BPOS N-1A false 0000906352 2019-03-01 2019-02-28 2019-03-01 2019-03-01 First Eagle Global Fund Investment Results <p style="margin:2.1mm 0 0; "><font style="font-family:Times, serif; font-size:3.8mm; color:#272727; ">The following information provides an indication of the risks of investing in the Global Fund by showing changes in the Fund&#8217;s performance from year to year, and by showing how the Fund&#8217;s average annual returns for 1, 5 and 10 years compare with those of a broad measure of market performance. 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After-tax returns are calculated using the highest individual federal income tax rate for each year, and do not reflect the effect of state and local taxes. www.feim.com/individual-investors/fund/global-fund After-tax returns are not relevant to investors in tax-deferred accounts, such as 401(k) plans or individual retirement accounts. While no or only partial information is shown for Class R3, Class R4, Class R5 and Class R6 shares (because they have no or partial performance as of December 31, 2018), annual returns for Class R3, Class R4, Class R5 and Class R6 shares would have been substantially similar to those shown here. While no or only partial information is shown for Class R3, Class R4, Class R5 and Class R6 shares (because they have no or partial performance as of December 31, 2018), annual returns for Class R3, Class R4, Class R5 and Class R6 shares would have been substantially similar to those shown here. 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The following information provides an indication of the risks of investing in the Global Fund by showing changes in the Fund&#8217;s performance from year to year, and by showing how the Fund&#8217;s average annual returns for 1, 5 and 10 years compare with those of a broad measure of market performance. Average Annual Total Returns as of December 31, 2018 Principal Investment Strategies <p style="margin:2.1mm 0 0; "><font style="font-family:Times, serif; font-size:3.8mm; color:#272727; ">To achieve its objective of long-term capital growth, the Global Fund will normally invest primarily in common stocks (and securities convertible into common stocks) of U.S. and foreign companies.</font></p> <br/><p style="margin:2.1mm 0 0; "><font style="font-family:Times, serif; font-size:3.8mm; color:#272727; ">Investment decisions for the Fund are made without regard to the capitalization (size) of the companies in which it invests. The Fund may invest in any size company, including large, medium and smaller companies. The Fund may also invest in fixed-income instruments (without regard to credit rating or time to maturity), short-term debt instruments, gold and other precious metals, and futures contracts related to precious metals. Under normal circumstances, the Fund anticipates it will allocate a substantial amount of its assets to foreign investments. That generally means that approximately 40% or more of the Fund&#8217;s net assets (plus any borrowings for investment purposes) will be allocated to foreign investments (unless market conditions are not deemed favorable by the Fund, in which case the Fund expects to invest at least 30% of its net assets (plus any borrowings for investment purposes) in foreign investments). 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The following information provides an indication of the risks of investing in the U.S. Value Fund by showing changes in the Fund&#8217;s performance from year to year, and by showing how the Fund&#8217;s average annual returns for 1, 5 and 10 years compare with those of a broad measure of market performance. Average Annual Total Returns as of December 31, 2018 Principal Investment Strategies <p style="margin:2.1mm 0 0; "><font style="font-family:Times, serif; font-size:3.8mm; color:#272727; ">To achieve its objective of long-term capital growth, the U.S. Value Fund will normally invest at least 80% of its net assets (plus any borrowings for investment purposes) in domestic equity and debt instruments and may invest to a lesser extent in securities of non-U.S. issuers. In particular, the Fund seeks companies exhibiting financial strength and stability, strong management and fundamental value. 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The following table discloses after-tax returns only for Class A shares. After-tax returns for Class C, Class I, Class R3, Class R4, Class R5 and Class R6 shares will vary. After-tax returns are calculated using the highest individual federal income tax rate for each year, and do not reflect the effect of state and local taxes. www.feim.com/individual-investors/fund/global-income-builder-fund After-tax returns are not relevant to investors in tax-deferred accounts, such as 401(k) plans or individual retirement accounts. While no or only partial information is shown for Class R3, Class R4, Class R5 and Class R6 shares (because they have no or partial performance as of December 31, 2018), annual returns for Class R3, Class R4, Class R5 and Class R6 shares would have been substantially similar to those shown here. 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The following bar chart assumes reinvestment of dividends and distributions and does not reflect any sales charges. If sales charges were included, the returns would be lower. The following information provides an indication of the risks of investing in the Global Income Builder Fund by showing changes in the Fund&#8217;s performance from year to year, and by showing how the Fund&#8217;s average annual returns for the periods shown compare with those of a broad measure of market performance. Average Annual Total Returns as of December 31, 2018 Principal Investment Strategies <p style="margin:2.1mm 0 0; "><font style="font-family:Times, serif; font-size:3.8mm; color:#272727; ">To achieve its objective of current income generation and long-term growth of capital, the Global Income Builder Fund will normally invest primarily in common stocks of U.S. and foreign companies that offer attractive dividend yields as well as a range of fixed income instruments, including high-yield, below investment grade instruments (commonly referred to as &#8220;junk bonds&#8221;), investment grade instruments and sovereign debt, from markets in the United States and multiple countries around the world.</font></p> <br/><p style="margin:2.1mm 0 0; "><font style="font-family:Times, serif; font-size:3.8mm; color:#272727; ">Investment decisions for the Global Income Builder Fund are made without regard to the capitalization (size) of the companies in which it invests. 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After-tax returns for Class A, Class C, Class R3, Class R4, Class R5 and Class R6 shares will vary. After-tax returns are calculated using the highest individual federal income tax rate for each year, and do not reflect the effect of state and local taxes. www.feim.com/individual-investors/fund/high-yield-fund After-tax returns are not relevant to investors in tax-deferred accounts, such as 401(k) plans or individual retirement accounts. While no or only partial information is shown for Class R3, Class R4, Class R5 and Class R6 shares (because they have no or partial performance as of December 31, 2018), annual returns for Class R3, Class R4, Class R5 and Class R6 shares would have been substantially similar to those shown here. 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Please keep in mind your actual costs may be higher or lower.</font></p> 628 628 309 209 135 135 104 104 140 140 125 125 115 115 100 100 897 897 646 646 421 421 325 325 437 437 390 390 359 359 312 312 1187 1187 1108 1108 729 729 563 563 755 755 676 676 622 622 542 542 2011 2011 2390 2390 1601 1601 1248 1248 1657 1657 1489 1489 1375 1375 1201 1201 ~ http://firsteagle.com/20190228/role/ScheduleExpenseExampleTransposed20051 column dei_DocumentInformationDocumentAxis compact cik0000906352_doc_Multiclass_ProspectusMember column dei_LegalEntityAxis compact cik0000906352_S000011215Member row primary compact * ~ ~ http://firsteagle.com/20190228/role/ScheduleExpenseExampleNoRedemptionTransposed20052 column dei_DocumentInformationDocumentAxis compact cik0000906352_doc_Multiclass_ProspectusMember column dei_LegalEntityAxis compact cik0000906352_S000011215Member row primary compact * ~ Sold Held First Eagle Global Fund Investment Results <p style="margin:2.1mm 0 0; "><font style="font-family:Times, serif; font-size:3.8mm; color:#272727; ">The following information provides an indication of the risks of investing in the Global Fund by showing changes in the Fund&#8217;s performance from year to year, and by showing how the Fund&#8217;s average annual returns for 1, 5 and 10 years compare with those of a broad measure of market performance. 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The following information provides an indication of the risks of investing in the Global Fund by showing changes in the Fund&#8217;s performance from year to year, and by showing how the Fund&#8217;s average annual returns for 1, 5 and 10 years compare with those of a broad measure of market performance. Average Annual Total Returns as of December 31, 2018 Principal Investment Strategies <p style="margin:2.1mm 0 0; "><font style="font-family:Times, serif; font-size:3.8mm; color:#272727; ">To achieve its objective of long-term capital growth, the Global Fund will normally invest primarily in common stocks (and securities convertible into common stocks) of U.S. and foreign companies.</font></p> <br/><p style="margin:2.1mm 0 0; "><font style="font-family:Times, serif; font-size:3.8mm; color:#272727; ">Investment decisions for the Fund are made without regard to the capitalization (size) of the companies in which it invests. 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Please keep in mind your actual costs may be higher or lower.</font></p> 360 360 594 594 846 846 1568 1568 ~ http://firsteagle.com/20190228/role/ScheduleExpenseExampleTransposed20059 column dei_DocumentInformationDocumentAxis compact cik0000906352_doc_Class_T_ProspectusMember column dei_LegalEntityAxis compact cik0000906352_S000011211Member row primary compact * ~ ~ http://firsteagle.com/20190228/role/ScheduleExpenseExampleNoRedemptionTransposed20060 column dei_DocumentInformationDocumentAxis compact cik0000906352_doc_Class_T_ProspectusMember column dei_LegalEntityAxis compact cik0000906352_S000011211Member row primary compact * ~ Sold Held First Eagle Overseas Fund Investment Results <p style="margin:2.1mm 0 0; "><font style="font-family:Times, serif; font-size:3.8mm; color:#272727; ">The following information provides an indication of the risks of investing in the Overseas Fund by showing changes in the Fund&#8217;s performance from year to year, and by showing how the Fund&#8217;s average annual returns for 1, 5 and 10 years compare with those of a broad measure of market performance. 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The following information provides an indication of the risks of investing in the Overseas Fund by showing changes in the Fund&#8217;s performance from year to year, and by showing how the Fund&#8217;s average annual returns for 1, 5 and 10 years compare with those of a broad measure of market performance. Average Annual Total Returns as of December 31, 2018 Principal Investment Strategies <p style="margin:2.1mm 0 0; "><font style="font-family:Times, serif; font-size:3.8mm; color:#272727; ">To achieve its objective of long-term capital growth, the Overseas Fund will invest primarily in equity securities of non-U.S. companies the majority of which are traded in mature markets (for example, Japan, Germany and France) and may invest in countries whose economies are still developing (sometimes called &#8220;emerging markets&#8221;). The Fund particularly seeks companies that have financial strength and stability, strong management and fundamental value. 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The following information provides an indication of the risks of investing in the Gold Fund by showing changes in the Fund&#8217;s performance from year to year, and by showing how the Fund&#8217;s average annual returns for 1, 5 and 10 years compare with those of a broad measure of market performance. 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The following information provides an indication of the risks of investing in the Global Income Builder Fund by showing changes in the Fund&#8217;s performance from year to year, and by showing how the Fund&#8217;s average annual returns for the periods shown compare with those of a broad measure of market performance. 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Document and Entity Information
Total
Prospectus:  
Document Type 485BPOS
Document Period End Date Mar. 01, 2019
Registrant Name FIRST EAGLE FUNDS
Entity Central Index Key 0000906352
Entity Inv Company Type N-1A
Amendment Flag false
Document Creation Date Feb. 28, 2019
Document Effective Date Mar. 01, 2019
Prospectus Date Mar. 01, 2019
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Multi-class Prospectus | First Eagle Global Fund
First Eagle Global Fund
Investment Objective

First Eagle Global Fund (“Global Fund”) seeks long-term growth of capital by investing in a range of asset classes from markets in the United States and throughout the world.

Fees and Expenses of the Global Fund

The following information describes the fees and expenses you may pay if you buy and hold shares of the Global Fund.


You may qualify for sales charge discounts if you, together with certain related accounts, invest, or agree to invest in the future, at least $25,000 in the Global Fund. Information about these and other discounts is available from your financial professional and in the How to Purchase Shares and Public Offering Price of Class A Shares sections on pages 78 and 85, respectively, and in the appendix to this Prospectus titled Intermediary-Specific Front-End Sales Load and Waiver Terms.

Shareholder Fees (fees paid directly from your investment)
Shareholder Fees - Multi-class Prospectus - First Eagle Global Fund
Class A
Class C
Class I
Class R3
Class R4
Class R5
Class R6
Maximum Sales Charge (Load) on Purchases (as a percentage of public offering price) 5.00% none none none none none none
Maximum Deferred Sales Charge (Load) (as a percentage of the lesser of your purchase or redemption price) 1.00% [1] 1.00% none none none none none
[1] A contingent deferred sales charge of 1.00% may apply on certain redemptions of Class A shares made within 18 months following a purchase of $1,000,000 or more without an initial sales charge.
Annual Fund Operating Expenses (expenses you pay each year as a percentage of the value of your investment)
Annual Fund Operating Expenses - Multi-class Prospectus - First Eagle Global Fund
Class A
Class C
Class I
Class R3
Class R4
Class R5
Class R6
Management Fees 0.75% 0.75% 0.75% 0.75% 0.75% 0.75% 0.75%
Distribution and/or Service (12b-1) Fees 0.25% 1.00% none 0.35% 0.10% none none
Other Expenses [1] 0.11% 0.11% 0.09% 0.15% 0.17% 0.18% 0.03%
Total Annual Operating Expenses (%) 1.11% 1.86% 0.84% 1.25% 1.02% 0.93% 0.78%
[1] "Other Expenses" shown generally reflect actual expenses for the Fund for the fiscal year ended October 31, 2018 and estimated expenses in the case of newly organized share classes.
Example

The following example is intended to help you compare the cost of investing in the Global Fund with the cost of investing in other mutual funds. This hypothetical example assumes you invest $10,000 in the Fund for the time periods indicated and then either redeem or do not redeem all shares at the end of those periods. The example also assumes the average annual return is 5% and operating expenses remain the same. Please keep in mind your actual costs may be higher or lower.

Sold
Expense Example - Multi-class Prospectus - First Eagle Global Fund - USD ($)
1 Year
3 Years
5 Years
10 Years
Class A 608 835 1,081 1,784
Class C 289 585 1,006 2,180
Class I 86 268 466 1,037
Class R3 127 397 686 1,511
Class R4 104 325 563 1,248
Class R5 95 296 515 1,143
Class R6 80 249 433 966
Held
Expense Example No Redemption - Multi-class Prospectus - First Eagle Global Fund - USD ($)
1 Year
3 Years
5 Years
10 Years
Class A 608 835 1,081 1,784
Class C 189 585 1,006 2,180
Class I 86 268 466 1,037
Class R3 127 397 686 1,511
Class R4 104 325 563 1,248
Class R5 95 296 515 1,143
Class R6 80 249 433 966
Portfolio Turnover Rate

The Global Fund pays transaction costs, such as commissions, when it buys and sells securities (or “turns over” its portfolio). A higher portfolio turnover rate may indicate higher transaction costs and may result in higher taxes when the Fund shares are held in a taxable account. These costs, which are not reflected in annual Fund operating expenses or in the example, affect the Fund’s performance. During the most recent fiscal year, the Fund’s portfolio turnover rate was 14.91% of the average value of its portfolio.

Principal Investment Strategies

To achieve its objective of long-term capital growth, the Global Fund will normally invest primarily in common stocks (and securities convertible into common stocks) of U.S. and foreign companies.


Investment decisions for the Fund are made without regard to the capitalization (size) of the companies in which it invests. The Fund may invest in any size company, including large, medium and smaller companies. The Fund may also invest in fixed-income instruments (without regard to credit rating or time to maturity), short-term debt instruments, gold and other precious metals, and futures contracts related to precious metals. Under normal circumstances, the Fund anticipates it will allocate a substantial amount of its assets to foreign investments. That generally means that approximately 40% or more of the Fund’s net assets (plus any borrowings for investment purposes) will be allocated to foreign investments (unless market conditions are not deemed favorable by the Fund, in which case the Fund expects to invest at least 30% of its net assets (plus any borrowings for investment purposes) in foreign investments). For purposes of these 40% and 30% of assets allocations, the Fund “counts” relevant derivative positions on foreign investments, and in doing so, values each position at the price at which it is held on the Fund’s books (generally market price).


The investment philosophy and strategy of the Global Fund can be broadly characterized as a “value” approach, as it seeks a “margin of safety” in each investment purchase with the goal being to avoid permanent impairment of capital (as opposed to temporary losses in share value relating to shifting investor sentiment or other normal share price volatility). In particular, a discount to “intrinsic value” is sought even for the best of businesses, with a deeper discount demanded for companies that we view as under business model, balance sheet, management or other stresses. “Intrinsic value” is based on our judgment of what a prudent and rational business buyer would pay in cash for all of the company in normal markets. See also Defensive Investment Strategies.


The Fund makes some investments through a special purpose trading subsidiary (the “Subsidiary”) and may invest up to 25% of its total assets in the Subsidiary. The Subsidiary is a wholly-owned and controlled subsidiary of the Fund, organized under the laws of the Cayman Islands as an exempted company. Generally, the Subsidiary will invest in commodities and related instruments (primarily gold bullion and other precious metals and related futures contracts).

Principal Investment Risks

As with any mutual fund investment, you may lose money by investing in the Global Fund. The likelihood of loss may be greater if you invest for a shorter period of time. An investment in the Fund is not intended to be a complete investment program.


Principal risks of investing in the Global Fund, which could adversely affect its net asset value and total return, are:


 

 

Market Risk — The value of the Fund’s portfolio holdings may fluctuate in response to events specific to the companies or markets in which the Fund invests, as well as economic, political, or social events in the United States or abroad.

 

 

Foreign Investment Risk — The Fund may invest in foreign investments. Foreign investments are susceptible to less politically, economically and socially stable environments, foreign currency and exchange rate changes, and adverse changes to government regulations.

 

 

Small and Medium-Size Company Risk — The Fund may invest in small and medium-size companies, the securities of which can be more volatile in price than those of larger companies. Positions in smaller companies, especially when the Fund is a large holder of a small company’s securities, also may be more difficult or expensive to trade. The Fund considers small companies to be companies with market capitalizations of less than $1 billion and medium-size companies to have market capitalizations of less than $10 billion.

 

 

Gold Risk — The Fund may invest in both physical gold and the securities of companies in the gold mining sector. Prices of gold-related issues are susceptible to changes in U.S. and foreign regulatory policies, taxes, currencies, mining laws, inflation, and various other market conditions.

 

 

Credit and Interest Rate Risk — The value of the Fund’s portfolio may fluctuate in response to the risk that the issuer of a bond or other instrument will not be able to make payments of interest and principal when due. The Fund may invest in debt instruments that are below investment grade, commonly known as junk bonds, which are considered speculative, and carry a higher risk of default. In addition, fluctuations in interest rates can affect the value of debt instruments held by the Fund. An increase in interest rates tends to reduce the market value of debt instruments, while a decline in interest rates tends to increase their values. Longer-duration instruments tend to be more sensitive to interest rate changes than those with shorter durations.


 

 

Derivatives Risk — Futures contracts or other “derivatives,” including hedging strategies, present risks related to their significant price volatility and risk of default by the counterparty to the contract. To date, derivatives have been used mainly under a hedging program intended to reduce the impact of foreign exchange rate changes on the Fund’s value.

 

 

Currency Risk — Currency risk is the risk that foreign currencies will decline in value relative to that of the U.S. dollar and affect the Fund’s non-U.S. currencies or securities that trade in and receive revenue in non-U.S. currencies.

 

 

Subsidiary Risk — By investing in the Subsidiary, the Fund is indirectly exposed to the risks associated with the Subsidiary’s investments. The Subsidiary is not registered under the Investment Company Act of 1940, as amended (the “1940 Act”) and is not subject to all of the investor protections of the 1940 Act. Changes in the laws of the United States and/or the Cayman Islands could result in the inability of the Fund and/or the Subsidiary to operate as expected and could adversely affect the Fund.


An investment in the Fund is not a bank deposit and is not insured or guaranteed by the Federal Deposit Insurance Corporation (FDIC) or any other government agency.


For more information on the risks of investing in the Global Fund, please see the More Information about the Funds’ Investments section.

Investment Results

The following information provides an indication of the risks of investing in the Global Fund by showing changes in the Fund’s performance from year to year, and by showing how the Fund’s average annual returns for 1, 5 and 10 years compare with those of a broad measure of market performance. As with all mutual funds, past performance is not an indication of future performance (before or after taxes).


After-tax returns are calculated using the highest individual federal income tax rate for each year, and do not reflect the effect of state and local taxes. Actual after-tax returns depend on your individual tax situation. After-tax returns are not relevant to investors in tax-deferred accounts, such as 401(k) plans or individual retirement accounts.


Updated performance information is available at www.feim.com/individual-investors/fund/global-fund or by calling 800.334.2143.


The following bar chart assumes reinvestment of dividends and distributions and does not reflect any sales charges. If sales charges were included the returns would be lower.

Calendar Year Total Returns—Class A
Bar Chart

 

 

 

 

 

 

 

 

 

Best Quarter*

 

 

 

Worst Quarter*

Third Quarter 2009

 

14.58%

 

 

 

Third Quarter 2011

 

-9.95%

 

 

 

 

 


 

*

 

For the period presented in the bar chart above.

Average Annual Total Returns as of December 31, 2018

The following table discloses after-tax returns only for Class A shares.


After-tax returns for Class C, Class I, Class R3, Class R4, Class R5 and Class R6 shares will vary. While no or only partial information is shown for Class R3, Class R4, Class R5 and Class R6 shares (because they have no or partial performance as of December 31, 2018), annual returns for Class R3, Class R4, Class R5 and Class R6 shares would have been substantially similar to those shown here. Class R3, Class R4, Class R5 and Class R6 shares are invested in the same portfolio of securities and the annual returns differ only to the extent that Class R3, Class R4, Class R5 and Class R6 shares do not have the same expenses as the classes for which more extended performance is shown. Comparative expense information is in the Fees and Expenses table.

Average Annual Returns - Multi-class Prospectus - First Eagle Global Fund
1 Year
5 Years
10 Years
Since Inception
Inception Date
Class A (13.08%) 2.16% 7.62%    
Class C (10.04%) 2.45% 7.37%    
Class I (8.26%) 3.49% 8.46%    
Class R3       (7.94%) May 01, 2018
Class R4       (11.75%) Jan. 17, 2018
Class R6 (8.19%)     (0.36%) Mar. 01, 2017
After Taxes on Distributions | Class A (14.29%) 1.16% 6.83%    
After Taxes on Distributions and Sale of Fund Shares | Class A (6.84%) 1.65% 6.21%    
MSCI World Index | Class R3 (8.71%) 4.56% 9.67% (8.46%) May 01, 2018
MSCI World Index | Class R4 (8.71%) 4.56% 9.67% (12.74%) Jan. 17, 2018
MSCI World Index | Class R6 (8.71%) 4.56% 9.67% 2.76% Mar. 01, 2017
XML 13 R9.htm IDEA: XBRL DOCUMENT v3.19.1
Label Element Value
Multi-class Prospectus | First Eagle Global Fund  
Risk/Return: rr_RiskReturnAbstract  
Risk/Return [Heading] rr_RiskReturnHeading First Eagle Global Fund
Objective [Heading] rr_ObjectiveHeading Investment Objective
Objective, Primary [Text Block] rr_ObjectivePrimaryTextBlock

First Eagle Global Fund (“Global Fund”) seeks long-term growth of capital by investing in a range of asset classes from markets in the United States and throughout the world.

Expense [Heading] rr_ExpenseHeading Fees and Expenses of the Global Fund
Expense Narrative [Text Block] rr_ExpenseNarrativeTextBlock

The following information describes the fees and expenses you may pay if you buy and hold shares of the Global Fund.


You may qualify for sales charge discounts if you, together with certain related accounts, invest, or agree to invest in the future, at least $25,000 in the Global Fund. Information about these and other discounts is available from your financial professional and in the How to Purchase Shares and Public Offering Price of Class A Shares sections on pages 78 and 85, respectively, and in the appendix to this Prospectus titled Intermediary-Specific Front-End Sales Load and Waiver Terms.

Shareholder Fees Caption [Text] rr_ShareholderFeesCaption Shareholder Fees (fees paid directly from your investment)
Operating Expenses Caption [Text] rr_OperatingExpensesCaption Annual Fund Operating Expenses (expenses you pay each year as a percentage of the value of your investment)
Portfolio Turnover [Heading] rr_PortfolioTurnoverHeading Portfolio Turnover Rate
Portfolio Turnover [Text Block] rr_PortfolioTurnoverTextBlock

The Global Fund pays transaction costs, such as commissions, when it buys and sells securities (or “turns over” its portfolio). A higher portfolio turnover rate may indicate higher transaction costs and may result in higher taxes when the Fund shares are held in a taxable account. These costs, which are not reflected in annual Fund operating expenses or in the example, affect the Fund’s performance. During the most recent fiscal year, the Fund’s portfolio turnover rate was 14.91% of the average value of its portfolio.

Portfolio Turnover, Rate rr_PortfolioTurnoverRate 14.91%
Expense Breakpoint Discounts [Text] rr_ExpenseBreakpointDiscounts You may qualify for sales charge discounts if you, together with certain related accounts, invest, or agree to invest in the future, at least $25,000 in the Global Fund.
Expense Breakpoint, Minimum Investment Required [Amount] rr_ExpenseBreakpointMinimumInvestmentRequiredAmount $ 25,000
Other Expenses, New Fund, Based on Estimates [Text] rr_OtherExpensesNewFundBasedOnEstimates “Other Expenses” shown generally reflect actual expenses for the Fund for the fiscal year ended October 31, 2018 and estimated expenses in the case of newly organized share classes.
Expense Example [Heading] rr_ExpenseExampleHeading Example
Expense Example Narrative [Text Block] rr_ExpenseExampleNarrativeTextBlock

The following example is intended to help you compare the cost of investing in the Global Fund with the cost of investing in other mutual funds. This hypothetical example assumes you invest $10,000 in the Fund for the time periods indicated and then either redeem or do not redeem all shares at the end of those periods. The example also assumes the average annual return is 5% and operating expenses remain the same. Please keep in mind your actual costs may be higher or lower.

Expense Example by, Year, Caption [Text] rr_ExpenseExampleByYearCaption Sold
Expense Example, No Redemption, By Year, Caption [Text] rr_ExpenseExampleNoRedemptionByYearCaption Held
Strategy [Heading] rr_StrategyHeading Principal Investment Strategies
Strategy Narrative [Text Block] rr_StrategyNarrativeTextBlock

To achieve its objective of long-term capital growth, the Global Fund will normally invest primarily in common stocks (and securities convertible into common stocks) of U.S. and foreign companies.


Investment decisions for the Fund are made without regard to the capitalization (size) of the companies in which it invests. The Fund may invest in any size company, including large, medium and smaller companies. The Fund may also invest in fixed-income instruments (without regard to credit rating or time to maturity), short-term debt instruments, gold and other precious metals, and futures contracts related to precious metals. Under normal circumstances, the Fund anticipates it will allocate a substantial amount of its assets to foreign investments. That generally means that approximately 40% or more of the Fund’s net assets (plus any borrowings for investment purposes) will be allocated to foreign investments (unless market conditions are not deemed favorable by the Fund, in which case the Fund expects to invest at least 30% of its net assets (plus any borrowings for investment purposes) in foreign investments). For purposes of these 40% and 30% of assets allocations, the Fund “counts” relevant derivative positions on foreign investments, and in doing so, values each position at the price at which it is held on the Fund’s books (generally market price).


The investment philosophy and strategy of the Global Fund can be broadly characterized as a “value” approach, as it seeks a “margin of safety” in each investment purchase with the goal being to avoid permanent impairment of capital (as opposed to temporary losses in share value relating to shifting investor sentiment or other normal share price volatility). In particular, a discount to “intrinsic value” is sought even for the best of businesses, with a deeper discount demanded for companies that we view as under business model, balance sheet, management or other stresses. “Intrinsic value” is based on our judgment of what a prudent and rational business buyer would pay in cash for all of the company in normal markets. See also Defensive Investment Strategies.


The Fund makes some investments through a special purpose trading subsidiary (the “Subsidiary”) and may invest up to 25% of its total assets in the Subsidiary. The Subsidiary is a wholly-owned and controlled subsidiary of the Fund, organized under the laws of the Cayman Islands as an exempted company. Generally, the Subsidiary will invest in commodities and related instruments (primarily gold bullion and other precious metals and related futures contracts).

Risk [Heading] rr_RiskHeading Principal Investment Risks
Risk Narrative [Text Block] rr_RiskNarrativeTextBlock

As with any mutual fund investment, you may lose money by investing in the Global Fund. The likelihood of loss may be greater if you invest for a shorter period of time. An investment in the Fund is not intended to be a complete investment program.


Principal risks of investing in the Global Fund, which could adversely affect its net asset value and total return, are:


 

 

Market Risk — The value of the Fund’s portfolio holdings may fluctuate in response to events specific to the companies or markets in which the Fund invests, as well as economic, political, or social events in the United States or abroad.

 

 

Foreign Investment Risk — The Fund may invest in foreign investments. Foreign investments are susceptible to less politically, economically and socially stable environments, foreign currency and exchange rate changes, and adverse changes to government regulations.

 

 

Small and Medium-Size Company Risk — The Fund may invest in small and medium-size companies, the securities of which can be more volatile in price than those of larger companies. Positions in smaller companies, especially when the Fund is a large holder of a small company’s securities, also may be more difficult or expensive to trade. The Fund considers small companies to be companies with market capitalizations of less than $1 billion and medium-size companies to have market capitalizations of less than $10 billion.

 

 

Gold Risk — The Fund may invest in both physical gold and the securities of companies in the gold mining sector. Prices of gold-related issues are susceptible to changes in U.S. and foreign regulatory policies, taxes, currencies, mining laws, inflation, and various other market conditions.

 

 

Credit and Interest Rate Risk — The value of the Fund’s portfolio may fluctuate in response to the risk that the issuer of a bond or other instrument will not be able to make payments of interest and principal when due. The Fund may invest in debt instruments that are below investment grade, commonly known as junk bonds, which are considered speculative, and carry a higher risk of default. In addition, fluctuations in interest rates can affect the value of debt instruments held by the Fund. An increase in interest rates tends to reduce the market value of debt instruments, while a decline in interest rates tends to increase their values. Longer-duration instruments tend to be more sensitive to interest rate changes than those with shorter durations.


 

 

Derivatives Risk — Futures contracts or other “derivatives,” including hedging strategies, present risks related to their significant price volatility and risk of default by the counterparty to the contract. To date, derivatives have been used mainly under a hedging program intended to reduce the impact of foreign exchange rate changes on the Fund’s value.

 

 

Currency Risk — Currency risk is the risk that foreign currencies will decline in value relative to that of the U.S. dollar and affect the Fund’s non-U.S. currencies or securities that trade in and receive revenue in non-U.S. currencies.

 

 

Subsidiary Risk — By investing in the Subsidiary, the Fund is indirectly exposed to the risks associated with the Subsidiary’s investments. The Subsidiary is not registered under the Investment Company Act of 1940, as amended (the “1940 Act”) and is not subject to all of the investor protections of the 1940 Act. Changes in the laws of the United States and/or the Cayman Islands could result in the inability of the Fund and/or the Subsidiary to operate as expected and could adversely affect the Fund.


An investment in the Fund is not a bank deposit and is not insured or guaranteed by the Federal Deposit Insurance Corporation (FDIC) or any other government agency.


For more information on the risks of investing in the Global Fund, please see the More Information about the Funds’ Investments section.

Risk Lose Money [Text] rr_RiskLoseMoney As with any mutual fund investment, you may lose money by investing in the Global Fund.
Risk Not Insured Depository Institution [Text] rr_RiskNotInsuredDepositoryInstitution An investment in the Fund is not a bank deposit and is not insured or guaranteed by the Federal Deposit Insurance Corporation (FDIC) or any other government agency.
Bar Chart and Performance Table [Heading] rr_BarChartAndPerformanceTableHeading Investment Results
Performance Narrative [Text Block] rr_PerformanceNarrativeTextBlock

The following information provides an indication of the risks of investing in the Global Fund by showing changes in the Fund’s performance from year to year, and by showing how the Fund’s average annual returns for 1, 5 and 10 years compare with those of a broad measure of market performance. As with all mutual funds, past performance is not an indication of future performance (before or after taxes).


After-tax returns are calculated using the highest individual federal income tax rate for each year, and do not reflect the effect of state and local taxes. Actual after-tax returns depend on your individual tax situation. After-tax returns are not relevant to investors in tax-deferred accounts, such as 401(k) plans or individual retirement accounts.


Updated performance information is available at www.feim.com/individual-investors/fund/global-fund or by calling 800.334.2143.


The following bar chart assumes reinvestment of dividends and distributions and does not reflect any sales charges. If sales charges were included the returns would be lower.

Performance Information Illustrates Variability of Returns [Text] rr_PerformanceInformationIllustratesVariabilityOfReturns The following information provides an indication of the risks of investing in the Global Fund by showing changes in the Fund’s performance from year to year, and by showing how the Fund’s average annual returns for 1, 5 and 10 years compare with those of a broad measure of market performance.
Performance Availability Phone [Text] rr_PerformanceAvailabilityPhone 800.334.2143
Performance Availability Website Address [Text] rr_PerformanceAvailabilityWebSiteAddress www.feim.com/individual-investors/fund/global-fund
Performance Past Does Not Indicate Future [Text] rr_PerformancePastDoesNotIndicateFuture As with all mutual funds, past performance is not an indication of future performance (before or after taxes).
Bar Chart [Heading] rr_BarChartHeading Calendar Year Total Returns—Class A
Bar Chart Does Not Reflect Sales Loads [Text] rr_BarChartDoesNotReflectSalesLoads The following bar chart assumes reinvestment of dividends and distributions and does not reflect any sales charges. If sales charges were included, the returns would be lower.
Bar Chart Closing [Text Block] rr_BarChartClosingTextBlock

 

 

 

 

 

 

 

 

 

Best Quarter*

 

 

 

Worst Quarter*

Third Quarter 2009

 

14.58%

 

 

 

Third Quarter 2011

 

-9.95%

 

 

 

 

 


 

*

 

For the period presented in the bar chart above.

Highest Quarterly Return, Label rr_HighestQuarterlyReturnLabel Best Quarter
Highest Quarterly Return, Date rr_BarChartHighestQuarterlyReturnDate Sep. 30, 2009
Highest Quarterly Return rr_BarChartHighestQuarterlyReturn 14.58%
Lowest Quarterly Return, Label rr_LowestQuarterlyReturnLabel Worst Quarter
Lowest Quarterly Return, Date rr_BarChartLowestQuarterlyReturnDate Sep. 30, 2011
Lowest Quarterly Return rr_BarChartLowestQuarterlyReturn (9.95%)
Performance Table Uses Highest Federal Rate rr_PerformanceTableUsesHighestFederalRate After-tax returns are calculated using the highest individual federal income tax rate for each year, and do not reflect the effect of state and local taxes.
Performance Table Not Relevant to Tax Deferred rr_PerformanceTableNotRelevantToTaxDeferred After-tax returns are not relevant to investors in tax-deferred accounts, such as 401(k) plans or individual retirement accounts.
Performance Table One Class of after Tax Shown [Text] rr_PerformanceTableOneClassOfAfterTaxShown The following table discloses after-tax returns only for Class A shares. After-tax returns for Class C, Class I, Class R3, Class R4, Class R5 and Class R6 shares will vary.
Performance Table Narrative rr_PerformanceTableNarrativeTextBlock

The following table discloses after-tax returns only for Class A shares.


After-tax returns for Class C, Class I, Class R3, Class R4, Class R5 and Class R6 shares will vary. While no or only partial information is shown for Class R3, Class R4, Class R5 and Class R6 shares (because they have no or partial performance as of December 31, 2018), annual returns for Class R3, Class R4, Class R5 and Class R6 shares would have been substantially similar to those shown here. Class R3, Class R4, Class R5 and Class R6 shares are invested in the same portfolio of securities and the annual returns differ only to the extent that Class R3, Class R4, Class R5 and Class R6 shares do not have the same expenses as the classes for which more extended performance is shown. Comparative expense information is in the Fees and Expenses table.

Average Annual Return, Caption rr_AverageAnnualReturnCaption Average Annual Total Returns as of December 31, 2018
Multi-class Prospectus | First Eagle Global Fund | Class A  
Risk/Return: rr_RiskReturnAbstract  
Maximum Sales Charge (Load) on Purchases (as a percentage of public offering price) rr_MaximumSalesChargeImposedOnPurchasesOverOfferingPrice 5.00%
Maximum Deferred Sales Charge (Load) (as a percentage of the lesser of your purchase or redemption price) rr_MaximumDeferredSalesChargeOverOfferingPrice 1.00% [1]
Management Fees rr_ManagementFeesOverAssets 0.75%
Distribution and/or Service (12b-1) Fees rr_DistributionAndService12b1FeesOverAssets 0.25%
Other Expenses rr_OtherExpensesOverAssets 0.11% [2]
Total Annual Operating Expenses (%) rr_ExpensesOverAssets 1.11%
Expenses Deferred Charges [Text Block] rr_ExpensesDeferredChargesTextBlock A contingent deferred sales charge of 1.00% may apply on certain redemptions of Class A shares made within 18 months following a purchase of $1,000,000 or more without an initial sales charge.
Expense Example, with Redemption, 1 Year rr_ExpenseExampleYear01 $ 608
Expense Example, with Redemption, 3 Years rr_ExpenseExampleYear03 835
Expense Example, with Redemption, 5 Years rr_ExpenseExampleYear05 1,081
Expense Example, with Redemption, 10 Years rr_ExpenseExampleYear10 1,784
Expense Example, No Redemption, 1 Year rr_ExpenseExampleNoRedemptionYear01 608
Expense Example, No Redemption, 3 Years rr_ExpenseExampleNoRedemptionYear03 835
Expense Example, No Redemption, 5 Years rr_ExpenseExampleNoRedemptionYear05 1,081
Expense Example, No Redemption, 10 Years rr_ExpenseExampleNoRedemptionYear10 $ 1,784
Annual Return 2009 rr_AnnualReturn2009 22.91%
Annual Return 2010 rr_AnnualReturn2010 17.58%
Annual Return 2011 rr_AnnualReturn2011 (0.19%)
Annual Return 2012 rr_AnnualReturn2012 12.46%
Annual Return 2013 rr_AnnualReturn2013 15.49%
Annual Return 2014 rr_AnnualReturn2014 2.93%
Annual Return 2015 rr_AnnualReturn2015 (0.94%)
Annual Return 2016 rr_AnnualReturn2016 10.65%
Annual Return 2017 rr_AnnualReturn2017 13.49%
Annual Return 2018 rr_AnnualReturn2018 (8.51%)
1 Year rr_AverageAnnualReturnYear01 (13.08%)
5 Years rr_AverageAnnualReturnYear05 2.16%
10 Years rr_AverageAnnualReturnYear10 7.62%
Multi-class Prospectus | First Eagle Global Fund | Class A | After Taxes on Distributions  
Risk/Return: rr_RiskReturnAbstract  
1 Year rr_AverageAnnualReturnYear01 (14.29%)
5 Years rr_AverageAnnualReturnYear05 1.16%
10 Years rr_AverageAnnualReturnYear10 6.83%
Multi-class Prospectus | First Eagle Global Fund | Class A | After Taxes on Distributions and Sale of Fund Shares  
Risk/Return: rr_RiskReturnAbstract  
1 Year rr_AverageAnnualReturnYear01 (6.84%)
5 Years rr_AverageAnnualReturnYear05 1.65%
10 Years rr_AverageAnnualReturnYear10 6.21%
Multi-class Prospectus | First Eagle Global Fund | Class C  
Risk/Return: rr_RiskReturnAbstract  
Maximum Sales Charge (Load) on Purchases (as a percentage of public offering price) rr_MaximumSalesChargeImposedOnPurchasesOverOfferingPrice none
Maximum Deferred Sales Charge (Load) (as a percentage of the lesser of your purchase or redemption price) rr_MaximumDeferredSalesChargeOverOfferingPrice 1.00%
Management Fees rr_ManagementFeesOverAssets 0.75%
Distribution and/or Service (12b-1) Fees rr_DistributionAndService12b1FeesOverAssets 1.00%
Other Expenses rr_OtherExpensesOverAssets 0.11% [2]
Total Annual Operating Expenses (%) rr_ExpensesOverAssets 1.86%
Expense Example, with Redemption, 1 Year rr_ExpenseExampleYear01 $ 289
Expense Example, with Redemption, 3 Years rr_ExpenseExampleYear03 585
Expense Example, with Redemption, 5 Years rr_ExpenseExampleYear05 1,006
Expense Example, with Redemption, 10 Years rr_ExpenseExampleYear10 2,180
Expense Example, No Redemption, 1 Year rr_ExpenseExampleNoRedemptionYear01 189
Expense Example, No Redemption, 3 Years rr_ExpenseExampleNoRedemptionYear03 585
Expense Example, No Redemption, 5 Years rr_ExpenseExampleNoRedemptionYear05 1,006
Expense Example, No Redemption, 10 Years rr_ExpenseExampleNoRedemptionYear10 $ 2,180
1 Year rr_AverageAnnualReturnYear01 (10.04%)
5 Years rr_AverageAnnualReturnYear05 2.45%
10 Years rr_AverageAnnualReturnYear10 7.37%
Multi-class Prospectus | First Eagle Global Fund | Class I  
Risk/Return: rr_RiskReturnAbstract  
Maximum Sales Charge (Load) on Purchases (as a percentage of public offering price) rr_MaximumSalesChargeImposedOnPurchasesOverOfferingPrice none
Maximum Deferred Sales Charge (Load) (as a percentage of the lesser of your purchase or redemption price) rr_MaximumDeferredSalesChargeOverOfferingPrice none
Management Fees rr_ManagementFeesOverAssets 0.75%
Distribution and/or Service (12b-1) Fees rr_DistributionAndService12b1FeesOverAssets none
Other Expenses rr_OtherExpensesOverAssets 0.09% [2]
Total Annual Operating Expenses (%) rr_ExpensesOverAssets 0.84%
Expense Example, with Redemption, 1 Year rr_ExpenseExampleYear01 $ 86
Expense Example, with Redemption, 3 Years rr_ExpenseExampleYear03 268
Expense Example, with Redemption, 5 Years rr_ExpenseExampleYear05 466
Expense Example, with Redemption, 10 Years rr_ExpenseExampleYear10 1,037
Expense Example, No Redemption, 1 Year rr_ExpenseExampleNoRedemptionYear01 86
Expense Example, No Redemption, 3 Years rr_ExpenseExampleNoRedemptionYear03 268
Expense Example, No Redemption, 5 Years rr_ExpenseExampleNoRedemptionYear05 466
Expense Example, No Redemption, 10 Years rr_ExpenseExampleNoRedemptionYear10 $ 1,037
1 Year rr_AverageAnnualReturnYear01 (8.26%)
5 Years rr_AverageAnnualReturnYear05 3.49%
10 Years rr_AverageAnnualReturnYear10 8.46%
Multi-class Prospectus | First Eagle Global Fund | Class R3  
Risk/Return: rr_RiskReturnAbstract  
Maximum Sales Charge (Load) on Purchases (as a percentage of public offering price) rr_MaximumSalesChargeImposedOnPurchasesOverOfferingPrice none
Maximum Deferred Sales Charge (Load) (as a percentage of the lesser of your purchase or redemption price) rr_MaximumDeferredSalesChargeOverOfferingPrice none
Management Fees rr_ManagementFeesOverAssets 0.75%
Distribution and/or Service (12b-1) Fees rr_DistributionAndService12b1FeesOverAssets 0.35%
Other Expenses rr_OtherExpensesOverAssets 0.15% [2]
Total Annual Operating Expenses (%) rr_ExpensesOverAssets 1.25%
Expense Example, with Redemption, 1 Year rr_ExpenseExampleYear01 $ 127
Expense Example, with Redemption, 3 Years rr_ExpenseExampleYear03 397
Expense Example, with Redemption, 5 Years rr_ExpenseExampleYear05 686
Expense Example, with Redemption, 10 Years rr_ExpenseExampleYear10 1,511
Expense Example, No Redemption, 1 Year rr_ExpenseExampleNoRedemptionYear01 127
Expense Example, No Redemption, 3 Years rr_ExpenseExampleNoRedemptionYear03 397
Expense Example, No Redemption, 5 Years rr_ExpenseExampleNoRedemptionYear05 686
Expense Example, No Redemption, 10 Years rr_ExpenseExampleNoRedemptionYear10 $ 1,511
Performance One Year or Less [Text] rr_PerformanceOneYearOrLess While no or only partial information is shown for Class R3, Class R4, Class R5 and Class R6 shares (because they have no or partial performance as of December 31, 2018), annual returns for Class R3, Class R4, Class R5 and Class R6 shares would have been substantially similar to those shown here.
Since Inception rr_AverageAnnualReturnSinceInception (7.94%)
Inception Date rr_AverageAnnualReturnInceptionDate May 01, 2018
Multi-class Prospectus | First Eagle Global Fund | Class R3 | MSCI World Index  
Risk/Return: rr_RiskReturnAbstract  
1 Year rr_AverageAnnualReturnYear01 (8.71%)
5 Years rr_AverageAnnualReturnYear05 4.56%
10 Years rr_AverageAnnualReturnYear10 9.67%
Since Inception rr_AverageAnnualReturnSinceInception (8.46%)
Inception Date rr_AverageAnnualReturnInceptionDate May 01, 2018
Multi-class Prospectus | First Eagle Global Fund | Class R4  
Risk/Return: rr_RiskReturnAbstract  
Maximum Sales Charge (Load) on Purchases (as a percentage of public offering price) rr_MaximumSalesChargeImposedOnPurchasesOverOfferingPrice none
Maximum Deferred Sales Charge (Load) (as a percentage of the lesser of your purchase or redemption price) rr_MaximumDeferredSalesChargeOverOfferingPrice none
Management Fees rr_ManagementFeesOverAssets 0.75%
Distribution and/or Service (12b-1) Fees rr_DistributionAndService12b1FeesOverAssets 0.10%
Other Expenses rr_OtherExpensesOverAssets 0.17% [2]
Total Annual Operating Expenses (%) rr_ExpensesOverAssets 1.02%
Expense Example, with Redemption, 1 Year rr_ExpenseExampleYear01 $ 104
Expense Example, with Redemption, 3 Years rr_ExpenseExampleYear03 325
Expense Example, with Redemption, 5 Years rr_ExpenseExampleYear05 563
Expense Example, with Redemption, 10 Years rr_ExpenseExampleYear10 1,248
Expense Example, No Redemption, 1 Year rr_ExpenseExampleNoRedemptionYear01 104
Expense Example, No Redemption, 3 Years rr_ExpenseExampleNoRedemptionYear03 325
Expense Example, No Redemption, 5 Years rr_ExpenseExampleNoRedemptionYear05 563
Expense Example, No Redemption, 10 Years rr_ExpenseExampleNoRedemptionYear10 $ 1,248
Performance One Year or Less [Text] rr_PerformanceOneYearOrLess While no or only partial information is shown for Class R3, Class R4, Class R5 and Class R6 shares (because they have no or partial performance as of December 31, 2018), annual returns for Class R3, Class R4, Class R5 and Class R6 shares would have been substantially similar to those shown here.
Since Inception rr_AverageAnnualReturnSinceInception (11.75%)
Inception Date rr_AverageAnnualReturnInceptionDate Jan. 17, 2018
Multi-class Prospectus | First Eagle Global Fund | Class R4 | MSCI World Index  
Risk/Return: rr_RiskReturnAbstract  
1 Year rr_AverageAnnualReturnYear01 (8.71%)
5 Years rr_AverageAnnualReturnYear05 4.56%
10 Years rr_AverageAnnualReturnYear10 9.67%
Since Inception rr_AverageAnnualReturnSinceInception (12.74%)
Inception Date rr_AverageAnnualReturnInceptionDate Jan. 17, 2018
Multi-class Prospectus | First Eagle Global Fund | Class R5  
Risk/Return: rr_RiskReturnAbstract  
Maximum Sales Charge (Load) on Purchases (as a percentage of public offering price) rr_MaximumSalesChargeImposedOnPurchasesOverOfferingPrice none
Maximum Deferred Sales Charge (Load) (as a percentage of the lesser of your purchase or redemption price) rr_MaximumDeferredSalesChargeOverOfferingPrice none
Management Fees rr_ManagementFeesOverAssets 0.75%
Distribution and/or Service (12b-1) Fees rr_DistributionAndService12b1FeesOverAssets none
Other Expenses rr_OtherExpensesOverAssets 0.18% [2]
Total Annual Operating Expenses (%) rr_ExpensesOverAssets 0.93%
Expense Example, with Redemption, 1 Year rr_ExpenseExampleYear01 $ 95
Expense Example, with Redemption, 3 Years rr_ExpenseExampleYear03 296
Expense Example, with Redemption, 5 Years rr_ExpenseExampleYear05 515
Expense Example, with Redemption, 10 Years rr_ExpenseExampleYear10 1,143
Expense Example, No Redemption, 1 Year rr_ExpenseExampleNoRedemptionYear01 95
Expense Example, No Redemption, 3 Years rr_ExpenseExampleNoRedemptionYear03 296
Expense Example, No Redemption, 5 Years rr_ExpenseExampleNoRedemptionYear05 515
Expense Example, No Redemption, 10 Years rr_ExpenseExampleNoRedemptionYear10 $ 1,143
Performance One Year or Less [Text] rr_PerformanceOneYearOrLess While no or only partial information is shown for Class R3, Class R4, Class R5 and Class R6 shares (because they have no or partial performance as of December 31, 2018), annual returns for Class R3, Class R4, Class R5 and Class R6 shares would have been substantially similar to those shown here.
Multi-class Prospectus | First Eagle Global Fund | Class R6  
Risk/Return: rr_RiskReturnAbstract  
Maximum Sales Charge (Load) on Purchases (as a percentage of public offering price) rr_MaximumSalesChargeImposedOnPurchasesOverOfferingPrice none
Maximum Deferred Sales Charge (Load) (as a percentage of the lesser of your purchase or redemption price) rr_MaximumDeferredSalesChargeOverOfferingPrice none
Management Fees rr_ManagementFeesOverAssets 0.75%
Distribution and/or Service (12b-1) Fees rr_DistributionAndService12b1FeesOverAssets none
Other Expenses rr_OtherExpensesOverAssets 0.03% [2]
Total Annual Operating Expenses (%) rr_ExpensesOverAssets 0.78%
Expense Example, with Redemption, 1 Year rr_ExpenseExampleYear01 $ 80
Expense Example, with Redemption, 3 Years rr_ExpenseExampleYear03 249
Expense Example, with Redemption, 5 Years rr_ExpenseExampleYear05 433
Expense Example, with Redemption, 10 Years rr_ExpenseExampleYear10 966
Expense Example, No Redemption, 1 Year rr_ExpenseExampleNoRedemptionYear01 80
Expense Example, No Redemption, 3 Years rr_ExpenseExampleNoRedemptionYear03 249
Expense Example, No Redemption, 5 Years rr_ExpenseExampleNoRedemptionYear05 433
Expense Example, No Redemption, 10 Years rr_ExpenseExampleNoRedemptionYear10 $ 966
Performance One Year or Less [Text] rr_PerformanceOneYearOrLess While no or only partial information is shown for Class R3, Class R4, Class R5 and Class R6 shares (because they have no or partial performance as of December 31, 2018), annual returns for Class R3, Class R4, Class R5 and Class R6 shares would have been substantially similar to those shown here.
1 Year rr_AverageAnnualReturnYear01 (8.19%)
Since Inception rr_AverageAnnualReturnSinceInception (0.36%)
Inception Date rr_AverageAnnualReturnInceptionDate Mar. 01, 2017
Multi-class Prospectus | First Eagle Global Fund | Class R6 | MSCI World Index  
Risk/Return: rr_RiskReturnAbstract  
1 Year rr_AverageAnnualReturnYear01 (8.71%)
5 Years rr_AverageAnnualReturnYear05 4.56%
10 Years rr_AverageAnnualReturnYear10 9.67%
Since Inception rr_AverageAnnualReturnSinceInception 2.76%
Inception Date rr_AverageAnnualReturnInceptionDate Mar. 01, 2017
[1] A contingent deferred sales charge of 1.00% may apply on certain redemptions of Class A shares made within 18 months following a purchase of $1,000,000 or more without an initial sales charge.
[2] "Other Expenses" shown generally reflect actual expenses for the Fund for the fiscal year ended October 31, 2018 and estimated expenses in the case of newly organized share classes.
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Multi-class Prospectus | First Eagle Overseas Fund
First Eagle Overseas Fund
Investment Objective

First Eagle Overseas Fund (“Overseas Fund”) seeks long-term growth of capital by investing primarily in equities issued by non-U.S. corporations.

Fees and Expenses of the Overseas Fund

The following information describes the fees and expenses you may pay if you buy and hold shares of the Overseas Fund.


You may qualify for sales charge discounts if you, together with certain related accounts, invest, or agree to invest in the future, at least $25,000 in the Overseas Fund. Information about these and other discounts is available from your financial professional and in the How to Purchase Shares and Public Offering Price of Class A Shares sections on pages 78 and 85, respectively, and in the appendix to this Prospectus titled Intermediary-Specific Front-End Sales Load and Waiver Terms.

Shareholder Fees (fees paid directly from your investment)
Shareholder Fees - Multi-class Prospectus - First Eagle Overseas Fund
Class A
Class C
Class I
Class R3
Class R4
Class R5
Class R6
Maximum Sales Charge (Load) on Purchases (as a percentage of public offering price) 5.00% none none none none none none
Maximum Deferred Sales Charge (Load) (as a percentage of the lesser of your purchase or redemption price) 1.00% [1] 1.00% none none none none none
[1] A contingent deferred sales charge of 1.00% may apply on certain redemptions of Class A shares made within 18 months following a purchase of $1,000,000 or more without an initial sales charge.
Annual Fund Operating Expenses (expenses you pay each year as a percentage of the value of your investment)
Annual Fund Operating Expenses - Multi-class Prospectus - First Eagle Overseas Fund
Class A
Class C
Class I
Class R3
Class R4
Class R5
Class R6
Management Fees 0.75% 0.75% 0.75% 0.75% 0.75% 0.75% 0.75%
Distribution and/or Service (12b-1) Fees 0.25% 1.00% none 0.35% 0.10% none none
Other Expenses [1] 0.15% 0.13% 0.11% 0.11% 0.18% 0.20% 0.05%
Total Annual Operating Expenses (%) 1.15% 1.88% 0.86% 1.21% 1.03% 0.95% 0.80%
[1] "Other Expenses" shown generally reflect actual expenses for the Fund for the fiscal year ended October 31, 2018 and estimated expenses in the case of newly organized share classes.
Example

The following example is intended to help you compare the cost of investing in the Overseas Fund with the cost of investing in other mutual funds. This hypothetical example assumes you invest $10,000 in the Fund for the time periods indicated and then either redeem or do not redeem all shares at the end of those periods. The example also assumes the average annual return is 5% and operating expenses remain the same. Please keep in mind your actual costs may be higher or lower.

Sold
Expense Example - Multi-class Prospectus - First Eagle Overseas Fund - USD ($)
1 Year
3 Years
5 Years
10 Years
Class A 611 847 1,101 1,828
Class C 291 591 1,016 2,201
Class I 88 274 477 1,061
Class R3 123 384 665 1,466
Class R4 105 328 569 1,259
Class R5 97 303 525 1,166
Class R6 82 255 444 990
Held
Expense Example No Redemption - Multi-class Prospectus - First Eagle Overseas Fund - USD ($)
1 Year
3 Years
5 Years
10 Years
Class C 191 591 1,016 2,201
Class I 88 274 477 1,061
Class R3 123 384 665 1,466
Class R4 105 328 569 1,259
Class R5 97 303 525 1,166
Class R6 82 255 444 990
Portfolio Turnover Rate

The Overseas Fund pays transaction costs, such as commissions, when it buys and sells securities (or “turns over” its portfolio). A higher portfolio turnover rate may indicate higher transaction costs and may result in higher taxes when Fund shares are held in a taxable account. These costs, which are not reflected in annual Fund operating expenses or in the example, affect the Fund’s performance. During the most recent fiscal year, the Fund’s portfolio turnover rate was 12.10% of the average value of its portfolio.

Principal Investment Strategies

To achieve its objective of long-term capital growth, the Overseas Fund will invest primarily in equity securities of non-U.S. companies, the majority of which are traded in mature markets (for example, Japan, Germany and France), and may invest in countries whose economies are still developing (sometimes called “emerging markets”). The Fund particularly seeks companies that have financial strength and stability, strong management and fundamental value. Normally, the Fund invests at least 80% of its net assets (plus any borrowings for investment purposes) in foreign securities and “counts” relevant derivative positions towards this “80% of assets” allocation, and in doing so, values each position at the price at which it is held on the Fund’s books (generally market price). The Fund also may invest up to 20% of its total assets in debt instruments. The Fund may invest in debt securities generally without regard to their credit rating or time to maturity. Investment decisions for the Fund are made without regard to the capitalization (size) of the companies in which it invests. The Fund may invest in any size company, including large, medium and smaller companies. The Fund may invest in fixed-income instruments, short-term debt instruments, gold and other precious metals, and futures contracts related to precious metals.


The investment philosophy and strategy of the Overseas Fund can be broadly characterized as a “value” approach, as it seeks a “margin of safety” in each investment purchase with the goal being to avoid permanent impairment of capital (as opposed to temporary losses in share value relating to shifting investor sentiment or other normal share price volatility). In particular, a discount to “intrinsic value” is sought even for the best of businesses, with a deeper discount demanded for companies that we view as under business model, balance sheet, management or other stresses. “Intrinsic value” is based on our judgment of what a prudent and rational business buyer would pay in cash for all of the company in normal markets. See also Defensive Investment Strategies.


The Fund makes some investments through a special purpose trading subsidiary (the “Subsidiary”) and may invest up to 25% of its total assets in the Subsidiary. The Subsidiary is a wholly-owned and controlled subsidiary of the Fund, organized under the laws of the Cayman Islands as an exempted company. Generally, the Subsidiary will invest in commodities and related instruments (primarily gold bullion and other precious metals and related futures contracts).

Principal Investment Risks

As with any mutual fund investment, you may lose money by investing in the Overseas Fund. The likelihood of loss may be greater if you invest for a shorter period of time. An investment in the Fund is not intended to be a complete investment program.


Principal risks of investing in the Overseas Fund, which could adversely affect its net asset value and total return, are:


 

 

Market Risk — The value of the Fund’s portfolio holdings may fluctuate in response to events specific to the companies or markets in which the Fund invests, as well as economic, political, or social events in the United States or abroad.

 

 

Foreign Investment Risk — The Fund may invest in foreign investments. Foreign investments are susceptible to less politically, economically and socially stable environments, foreign currency and exchange rate changes, and adverse changes to government regulations.

 

 

Emerging Market Risk — When the Fund invests in emerging market securities (generally meaning those associated with less developed markets), the Fund may be exposed to market, credit, currency, liquidity, legal, political, technical and other risks different from, and generally greater than, the risks of investing in developed markets. Emerging market countries typically have less-established market economies than developed countries and may face greater social, economic, regulatory and political uncertainties. In addition, emerging markets typically present greater illiquidity and price volatility concerns due to smaller or limited local capital markets and greater difficulty in determining market valuations of securities due to limited public information on issuers.

 

 

Small and Medium-Size Company Risk — The Fund may invest in small and medium-size companies, the securities of which can be more volatile in price than those of larger companies. Positions in smaller companies, especially when the Fund is a large holder of a small company’s securities, also may be more difficult or expensive to trade. The Fund considers small companies to be companies with market capitalizations of less than $1 billion and medium-size companies to have market capitalizations of less than $10 billion.

 

 

Credit and Interest Rate Risk — The value of the Fund’s portfolio may fluctuate in response to the risk that the issuer of a bond or other instrument will not be able to make payments of interest and principal when due. The Fund may invest in debt instruments that are below investment grade, commonly known as junk bonds, which are considered speculative, and carry a higher risk of default. In addition, fluctuations in interest rates can affect the value of debt instruments held by the Fund. An increase in interest rates tends to reduce the market value of debt instruments, while a decline in interest rates tends to increase their values. Longer-duration instruments tend to be more sensitive to interest rate changes than those with shorter durations.

 

 

Gold Risk — The Fund may invest in both physical gold and the securities of companies in the gold mining sector. Prices of gold-related issues are susceptible to changes in U.S. and foreign regulatory policies, taxes, currencies, mining laws, inflation, and various other market conditions.

 

 

Illiquid Investment Risk — Holding illiquid securities restricts or otherwise limits the ability for the Fund to freely dispose of its investments for specific periods of time. The Fund might not be able to sell illiquid securities at its desired price or time. Changes in the markets or in regulations governing the trading of illiquid instruments can cause rapid changes in the price or ability to sell an illiquid security.

 

 

Derivatives Risk — Futures contracts or other “derivatives,” including hedging strategies, present risks related to their significant price volatility and risk of default by the counterparty to the contract. To date, derivatives have been used mainly under a hedging program intended to reduce the impact of foreign exchange rate changes on the Fund’s value.

 

 

Currency Risk — Currency risk is the risk that foreign currencies will decline in value relative to that of the U.S. dollar and affect the Fund’s non-U.S. currencies or securities that trade in and receive revenue in non-U.S. currencies.

 

 

Subsidiary Risk — By investing in the Subsidiary, the Fund is indirectly exposed to the risks associated with the Subsidiary’s investments. The Subsidiary is not registered under the 1940 Act and is not subject to all of the investor protections of the 1940 Act. Changes in the laws of the United States and/or the Cayman Islands could result in the inability of the Fund and/or the Subsidiary to operate as expected and could adversely affect the Fund.


An investment in the Fund is not a bank deposit and is not insured or guaranteed by the Federal Deposit Insurance Corporation (FDIC) or any other government agency.


For more information on the risks of investing in the Overseas Fund, please see the More Information about the Funds’ Investments section.

Investment Results

The following information provides an indication of the risks of investing in the Overseas Fund by showing changes in the Fund’s performance from year to year, and by showing how the Fund’s average annual returns for 1, 5 and 10 years compare with those of a broad measure of market performance. As with all mutual funds, past performance is not an indication of future performance (before or after taxes).


After-tax returns are calculated using the highest individual federal income tax rate for each year, and do not reflect the effect of state and local taxes. Actual after-tax returns depend on your individual tax situation. After-tax returns are not relevant to investors in tax-deferred accounts, such as 401(k) plans or individual retirement accounts.


Updated performance information is available at www.feim.com/individual-investors/fund/overseas-fund or by calling 800.334.2143.


The following bar chart assumes reinvestment of dividends and distributions and does not reflect any sales charges. If sales charges were included, the returns would be lower.

Calendar Year Total Returns—Class A
Bar Chart

 

 

 

 

 

 

 

 

 

Best Quarter*

 

 

 

Worst Quarter*

Second Quarter 2009

 

16.58%

 

 

 

Third Quarter 2011

 

-10.29%

 

 

 

 

 


 

*

 

For the period presented in the bar chart above.

Average Annual Total Returns as of December 31, 2018

The following table discloses after-tax returns only for Class A shares.


After-tax returns for Class C, Class I, Class R3, Class R4, Class R5 and Class R6 shares will vary. While no or only partial information is shown for Class R3, Class R4, Class R5 and Class R6 shares (because they have no or partial performance as of December 31, 2018), annual returns for Class R3, Class R4, Class R5 and Class R6 shares would have been substantially similar to those shown here. Class R3, Class R4, Class R5 and Class R6 shares are invested in the same portfolio of securities and the annual returns differ only to the extent that Class R3, Class R4, Class R5 and Class R6 shares do not have the same expenses as the classes for which more extended performance is shown. Comparative expense information is in the Fees and Expenses table.

Average Annual Returns - Multi-class Prospectus - First Eagle Overseas Fund
1 Year
5 Years
10 Years
Since Inception
Inception Date
Class A (14.78%) 0.77% 6.03%    
Class C (11.77%) 1.07% 5.78%    
Class I (9.99%) 2.10% 6.85%    
Class R3       (9.75%) May 01, 2018
Class R4       (13.32%) Jan. 17, 2018
Class R6 (9.92%)     (0.99%) Mar. 01, 2017
After Taxes on Distributions | Class A (15.25%) 0.12% 5.25%    
After Taxes on Distributions and Sale of Fund Shares | Class A (8.19%) 0.69% 4.91%    
MSCI EAFE Index | Class R3 (13.79%) 0.53% 6.32% (13.82%) May 01, 2018
MSCI EAFE Index | Class R4 (13.79%) 0.53% 6.32% (17.55%) Jan. 17, 2018
MSCI EAFE Index | Class R6 (13.79%) 0.53% 6.32% 1.54% Mar. 01, 2017
XML 16 R17.htm IDEA: XBRL DOCUMENT v3.19.1
Label Element Value
Multi-class Prospectus | First Eagle Overseas Fund  
Risk/Return: rr_RiskReturnAbstract  
Risk/Return [Heading] rr_RiskReturnHeading First Eagle Overseas Fund
Objective [Heading] rr_ObjectiveHeading Investment Objective
Objective, Primary [Text Block] rr_ObjectivePrimaryTextBlock

First Eagle Overseas Fund (“Overseas Fund”) seeks long-term growth of capital by investing primarily in equities issued by non-U.S. corporations.

Expense [Heading] rr_ExpenseHeading Fees and Expenses of the Overseas Fund
Expense Narrative [Text Block] rr_ExpenseNarrativeTextBlock

The following information describes the fees and expenses you may pay if you buy and hold shares of the Overseas Fund.


You may qualify for sales charge discounts if you, together with certain related accounts, invest, or agree to invest in the future, at least $25,000 in the Overseas Fund. Information about these and other discounts is available from your financial professional and in the How to Purchase Shares and Public Offering Price of Class A Shares sections on pages 78 and 85, respectively, and in the appendix to this Prospectus titled Intermediary-Specific Front-End Sales Load and Waiver Terms.

Shareholder Fees Caption [Text] rr_ShareholderFeesCaption Shareholder Fees (fees paid directly from your investment)
Operating Expenses Caption [Text] rr_OperatingExpensesCaption Annual Fund Operating Expenses (expenses you pay each year as a percentage of the value of your investment)
Portfolio Turnover [Heading] rr_PortfolioTurnoverHeading Portfolio Turnover Rate
Portfolio Turnover [Text Block] rr_PortfolioTurnoverTextBlock

The Overseas Fund pays transaction costs, such as commissions, when it buys and sells securities (or “turns over” its portfolio). A higher portfolio turnover rate may indicate higher transaction costs and may result in higher taxes when Fund shares are held in a taxable account. These costs, which are not reflected in annual Fund operating expenses or in the example, affect the Fund’s performance. During the most recent fiscal year, the Fund’s portfolio turnover rate was 12.10% of the average value of its portfolio.

Portfolio Turnover, Rate rr_PortfolioTurnoverRate 12.10%
Expense Breakpoint Discounts [Text] rr_ExpenseBreakpointDiscounts You may qualify for sales charge discounts if you, together with certain related accounts, invest, or agree to invest in the future, at least $25,000 in the Overseas Fund.
Expense Breakpoint, Minimum Investment Required [Amount] rr_ExpenseBreakpointMinimumInvestmentRequiredAmount $ 25,000
Other Expenses, New Fund, Based on Estimates [Text] rr_OtherExpensesNewFundBasedOnEstimates “Other Expenses” shown generally reflect actual expenses for the Fund for the fiscal year ended October 31, 2018 and estimated expenses in the case of newly organized share classes.
Expense Example [Heading] rr_ExpenseExampleHeading Example
Expense Example Narrative [Text Block] rr_ExpenseExampleNarrativeTextBlock

The following example is intended to help you compare the cost of investing in the Overseas Fund with the cost of investing in other mutual funds. This hypothetical example assumes you invest $10,000 in the Fund for the time periods indicated and then either redeem or do not redeem all shares at the end of those periods. The example also assumes the average annual return is 5% and operating expenses remain the same. Please keep in mind your actual costs may be higher or lower.

Expense Example by, Year, Caption [Text] rr_ExpenseExampleByYearCaption Sold
Expense Example, No Redemption, By Year, Caption [Text] rr_ExpenseExampleNoRedemptionByYearCaption Held
Strategy [Heading] rr_StrategyHeading Principal Investment Strategies
Strategy Narrative [Text Block] rr_StrategyNarrativeTextBlock

To achieve its objective of long-term capital growth, the Overseas Fund will invest primarily in equity securities of non-U.S. companies, the majority of which are traded in mature markets (for example, Japan, Germany and France), and may invest in countries whose economies are still developing (sometimes called “emerging markets”). The Fund particularly seeks companies that have financial strength and stability, strong management and fundamental value. Normally, the Fund invests at least 80% of its net assets (plus any borrowings for investment purposes) in foreign securities and “counts” relevant derivative positions towards this “80% of assets” allocation, and in doing so, values each position at the price at which it is held on the Fund’s books (generally market price). The Fund also may invest up to 20% of its total assets in debt instruments. The Fund may invest in debt securities generally without regard to their credit rating or time to maturity. Investment decisions for the Fund are made without regard to the capitalization (size) of the companies in which it invests. The Fund may invest in any size company, including large, medium and smaller companies. The Fund may invest in fixed-income instruments, short-term debt instruments, gold and other precious metals, and futures contracts related to precious metals.


The investment philosophy and strategy of the Overseas Fund can be broadly characterized as a “value” approach, as it seeks a “margin of safety” in each investment purchase with the goal being to avoid permanent impairment of capital (as opposed to temporary losses in share value relating to shifting investor sentiment or other normal share price volatility). In particular, a discount to “intrinsic value” is sought even for the best of businesses, with a deeper discount demanded for companies that we view as under business model, balance sheet, management or other stresses. “Intrinsic value” is based on our judgment of what a prudent and rational business buyer would pay in cash for all of the company in normal markets. See also Defensive Investment Strategies.


The Fund makes some investments through a special purpose trading subsidiary (the “Subsidiary”) and may invest up to 25% of its total assets in the Subsidiary. The Subsidiary is a wholly-owned and controlled subsidiary of the Fund, organized under the laws of the Cayman Islands as an exempted company. Generally, the Subsidiary will invest in commodities and related instruments (primarily gold bullion and other precious metals and related futures contracts).

Risk [Heading] rr_RiskHeading Principal Investment Risks
Risk Narrative [Text Block] rr_RiskNarrativeTextBlock

As with any mutual fund investment, you may lose money by investing in the Overseas Fund. The likelihood of loss may be greater if you invest for a shorter period of time. An investment in the Fund is not intended to be a complete investment program.


Principal risks of investing in the Overseas Fund, which could adversely affect its net asset value and total return, are:


 

 

Market Risk — The value of the Fund’s portfolio holdings may fluctuate in response to events specific to the companies or markets in which the Fund invests, as well as economic, political, or social events in the United States or abroad.

 

 

Foreign Investment Risk — The Fund may invest in foreign investments. Foreign investments are susceptible to less politically, economically and socially stable environments, foreign currency and exchange rate changes, and adverse changes to government regulations.

 

 

Emerging Market Risk — When the Fund invests in emerging market securities (generally meaning those associated with less developed markets), the Fund may be exposed to market, credit, currency, liquidity, legal, political, technical and other risks different from, and generally greater than, the risks of investing in developed markets. Emerging market countries typically have less-established market economies than developed countries and may face greater social, economic, regulatory and political uncertainties. In addition, emerging markets typically present greater illiquidity and price volatility concerns due to smaller or limited local capital markets and greater difficulty in determining market valuations of securities due to limited public information on issuers.

 

 

Small and Medium-Size Company Risk — The Fund may invest in small and medium-size companies, the securities of which can be more volatile in price than those of larger companies. Positions in smaller companies, especially when the Fund is a large holder of a small company’s securities, also may be more difficult or expensive to trade. The Fund considers small companies to be companies with market capitalizations of less than $1 billion and medium-size companies to have market capitalizations of less than $10 billion.

 

 

Credit and Interest Rate Risk — The value of the Fund’s portfolio may fluctuate in response to the risk that the issuer of a bond or other instrument will not be able to make payments of interest and principal when due. The Fund may invest in debt instruments that are below investment grade, commonly known as junk bonds, which are considered speculative, and carry a higher risk of default. In addition, fluctuations in interest rates can affect the value of debt instruments held by the Fund. An increase in interest rates tends to reduce the market value of debt instruments, while a decline in interest rates tends to increase their values. Longer-duration instruments tend to be more sensitive to interest rate changes than those with shorter durations.

 

 

Gold Risk — The Fund may invest in both physical gold and the securities of companies in the gold mining sector. Prices of gold-related issues are susceptible to changes in U.S. and foreign regulatory policies, taxes, currencies, mining laws, inflation, and various other market conditions.

 

 

Illiquid Investment Risk — Holding illiquid securities restricts or otherwise limits the ability for the Fund to freely dispose of its investments for specific periods of time. The Fund might not be able to sell illiquid securities at its desired price or time. Changes in the markets or in regulations governing the trading of illiquid instruments can cause rapid changes in the price or ability to sell an illiquid security.

 

 

Derivatives Risk — Futures contracts or other “derivatives,” including hedging strategies, present risks related to their significant price volatility and risk of default by the counterparty to the contract. To date, derivatives have been used mainly under a hedging program intended to reduce the impact of foreign exchange rate changes on the Fund’s value.

 

 

Currency Risk — Currency risk is the risk that foreign currencies will decline in value relative to that of the U.S. dollar and affect the Fund’s non-U.S. currencies or securities that trade in and receive revenue in non-U.S. currencies.

 

 

Subsidiary Risk — By investing in the Subsidiary, the Fund is indirectly exposed to the risks associated with the Subsidiary’s investments. The Subsidiary is not registered under the 1940 Act and is not subject to all of the investor protections of the 1940 Act. Changes in the laws of the United States and/or the Cayman Islands could result in the inability of the Fund and/or the Subsidiary to operate as expected and could adversely affect the Fund.


An investment in the Fund is not a bank deposit and is not insured or guaranteed by the Federal Deposit Insurance Corporation (FDIC) or any other government agency.


For more information on the risks of investing in the Overseas Fund, please see the More Information about the Funds’ Investments section.

Risk Lose Money [Text] rr_RiskLoseMoney As with any mutual fund investment, you may lose money by investing in the Overseas Fund.
Risk Not Insured Depository Institution [Text] rr_RiskNotInsuredDepositoryInstitution An investment in the Fund is not a bank deposit and is not insured or guaranteed by the Federal Deposit Insurance Corporation (FDIC) or any other government agency.
Bar Chart and Performance Table [Heading] rr_BarChartAndPerformanceTableHeading Investment Results
Performance Narrative [Text Block] rr_PerformanceNarrativeTextBlock

The following information provides an indication of the risks of investing in the Overseas Fund by showing changes in the Fund’s performance from year to year, and by showing how the Fund’s average annual returns for 1, 5 and 10 years compare with those of a broad measure of market performance. As with all mutual funds, past performance is not an indication of future performance (before or after taxes).


After-tax returns are calculated using the highest individual federal income tax rate for each year, and do not reflect the effect of state and local taxes. Actual after-tax returns depend on your individual tax situation. After-tax returns are not relevant to investors in tax-deferred accounts, such as 401(k) plans or individual retirement accounts.


Updated performance information is available at www.feim.com/individual-investors/fund/overseas-fund or by calling 800.334.2143.


The following bar chart assumes reinvestment of dividends and distributions and does not reflect any sales charges. If sales charges were included, the returns would be lower.

Performance Information Illustrates Variability of Returns [Text] rr_PerformanceInformationIllustratesVariabilityOfReturns The following information provides an indication of the risks of investing in the Overseas Fund by showing changes in the Fund’s performance from year to year, and by showing how the Fund’s average annual returns for 1, 5 and 10 years compare with those of a broad measure of market performance.
Performance Availability Phone [Text] rr_PerformanceAvailabilityPhone 800.334.2143
Performance Availability Website Address [Text] rr_PerformanceAvailabilityWebSiteAddress www.feim.com/individual-investors/fund/overseas-fund
Performance Past Does Not Indicate Future [Text] rr_PerformancePastDoesNotIndicateFuture As with all mutual funds, past performance is not an indication of future performance (before or after taxes).
Bar Chart [Heading] rr_BarChartHeading Calendar Year Total Returns—Class A
Bar Chart Does Not Reflect Sales Loads [Text] rr_BarChartDoesNotReflectSalesLoads The following bar chart assumes reinvestment of dividends and distributions and does not reflect any sales charges. If sales charges were included, the returns would be lower.
Bar Chart Closing [Text Block] rr_BarChartClosingTextBlock

 

 

 

 

 

 

 

 

 

Best Quarter*

 

 

 

Worst Quarter*

Second Quarter 2009

 

16.58%

 

 

 

Third Quarter 2011

 

-10.29%

 

 

 

 

 


 

*

 

For the period presented in the bar chart above.

Highest Quarterly Return, Label rr_HighestQuarterlyReturnLabel Best Quarter
Highest Quarterly Return, Date rr_BarChartHighestQuarterlyReturnDate Jun. 30, 2009
Highest Quarterly Return rr_BarChartHighestQuarterlyReturn 16.58%
Lowest Quarterly Return, Label rr_LowestQuarterlyReturnLabel Worst Quarter
Lowest Quarterly Return, Date rr_BarChartLowestQuarterlyReturnDate Sep. 30, 2011
Lowest Quarterly Return rr_BarChartLowestQuarterlyReturn (10.29%)
Performance Table Uses Highest Federal Rate rr_PerformanceTableUsesHighestFederalRate After-tax returns are calculated using the highest individual federal income tax rate for each year, and do not reflect the effect of state and local taxes.
Performance Table Not Relevant to Tax Deferred rr_PerformanceTableNotRelevantToTaxDeferred After-tax returns are not relevant to investors in tax-deferred accounts, such as 401(k) plans or individual retirement accounts.
Performance Table One Class of after Tax Shown [Text] rr_PerformanceTableOneClassOfAfterTaxShown The following table discloses after-tax returns only for Class A shares. After-tax returns for Class C, Class I, Class R3, Class R4, Class R5 and Class R6 shares will vary.
Performance Table Narrative rr_PerformanceTableNarrativeTextBlock

The following table discloses after-tax returns only for Class A shares.


After-tax returns for Class C, Class I, Class R3, Class R4, Class R5 and Class R6 shares will vary. While no or only partial information is shown for Class R3, Class R4, Class R5 and Class R6 shares (because they have no or partial performance as of December 31, 2018), annual returns for Class R3, Class R4, Class R5 and Class R6 shares would have been substantially similar to those shown here. Class R3, Class R4, Class R5 and Class R6 shares are invested in the same portfolio of securities and the annual returns differ only to the extent that Class R3, Class R4, Class R5 and Class R6 shares do not have the same expenses as the classes for which more extended performance is shown. Comparative expense information is in the Fees and Expenses table.

Average Annual Return, Caption rr_AverageAnnualReturnCaption Average Annual Total Returns as of December 31, 2018
Multi-class Prospectus | First Eagle Overseas Fund | Class A  
Risk/Return: rr_RiskReturnAbstract  
Maximum Sales Charge (Load) on Purchases (as a percentage of public offering price) rr_MaximumSalesChargeImposedOnPurchasesOverOfferingPrice 5.00%
Maximum Deferred Sales Charge (Load) (as a percentage of the lesser of your purchase or redemption price) rr_MaximumDeferredSalesChargeOverOfferingPrice 1.00% [1]
Management Fees rr_ManagementFeesOverAssets 0.75%
Distribution and/or Service (12b-1) Fees rr_DistributionAndService12b1FeesOverAssets 0.25%
Other Expenses rr_OtherExpensesOverAssets 0.15% [2]
Total Annual Operating Expenses (%) rr_ExpensesOverAssets 1.15%
Expenses Deferred Charges [Text Block] rr_ExpensesDeferredChargesTextBlock A contingent deferred sales charge of 1.00% may apply on certain redemptions of Class A shares made within 18 months following a purchase of $1,000,000 or more without an initial sales charge.
Expense Example, with Redemption, 1 Year rr_ExpenseExampleYear01 $ 611
Expense Example, with Redemption, 3 Years rr_ExpenseExampleYear03 847
Expense Example, with Redemption, 5 Years rr_ExpenseExampleYear05 1,101
Expense Example, with Redemption, 10 Years rr_ExpenseExampleYear10 $ 1,828
Annual Return 2009 rr_AnnualReturn2009 20.64%
Annual Return 2010 rr_AnnualReturn2010 19.24%
Annual Return 2011 rr_AnnualReturn2011 (5.60%)
Annual Return 2012 rr_AnnualReturn2012 13.98%
Annual Return 2013 rr_AnnualReturn2013 11.57%
Annual Return 2014 rr_AnnualReturn2014 (0.97%)
Annual Return 2015 rr_AnnualReturn2015 2.27%
Annual Return 2016 rr_AnnualReturn2016 5.59%
Annual Return 2017 rr_AnnualReturn2017 14.05%
Annual Return 2018 rr_AnnualReturn2018 (10.29%)
1 Year rr_AverageAnnualReturnYear01 (14.78%)
5 Years rr_AverageAnnualReturnYear05 0.77%
10 Years rr_AverageAnnualReturnYear10 6.03%
Multi-class Prospectus | First Eagle Overseas Fund | Class A | After Taxes on Distributions  
Risk/Return: rr_RiskReturnAbstract  
1 Year rr_AverageAnnualReturnYear01 (15.25%)
5 Years rr_AverageAnnualReturnYear05 0.12%
10 Years rr_AverageAnnualReturnYear10 5.25%
Multi-class Prospectus | First Eagle Overseas Fund | Class A | After Taxes on Distributions and Sale of Fund Shares  
Risk/Return: rr_RiskReturnAbstract  
1 Year rr_AverageAnnualReturnYear01 (8.19%)
5 Years rr_AverageAnnualReturnYear05 0.69%
10 Years rr_AverageAnnualReturnYear10 4.91%
Multi-class Prospectus | First Eagle Overseas Fund | Class C  
Risk/Return: rr_RiskReturnAbstract  
Maximum Sales Charge (Load) on Purchases (as a percentage of public offering price) rr_MaximumSalesChargeImposedOnPurchasesOverOfferingPrice none
Maximum Deferred Sales Charge (Load) (as a percentage of the lesser of your purchase or redemption price) rr_MaximumDeferredSalesChargeOverOfferingPrice 1.00%
Management Fees rr_ManagementFeesOverAssets 0.75%
Distribution and/or Service (12b-1) Fees rr_DistributionAndService12b1FeesOverAssets 1.00%
Other Expenses rr_OtherExpensesOverAssets 0.13% [2]
Total Annual Operating Expenses (%) rr_ExpensesOverAssets 1.88%
Expense Example, with Redemption, 1 Year rr_ExpenseExampleYear01 $ 291
Expense Example, with Redemption, 3 Years rr_ExpenseExampleYear03 591
Expense Example, with Redemption, 5 Years rr_ExpenseExampleYear05 1,016
Expense Example, with Redemption, 10 Years rr_ExpenseExampleYear10 2,201
Expense Example, No Redemption, 1 Year rr_ExpenseExampleNoRedemptionYear01 191
Expense Example, No Redemption, 3 Years rr_ExpenseExampleNoRedemptionYear03 591
Expense Example, No Redemption, 5 Years rr_ExpenseExampleNoRedemptionYear05 1,016
Expense Example, No Redemption, 10 Years rr_ExpenseExampleNoRedemptionYear10 $ 2,201
1 Year rr_AverageAnnualReturnYear01 (11.77%)
5 Years rr_AverageAnnualReturnYear05 1.07%
10 Years rr_AverageAnnualReturnYear10 5.78%
Multi-class Prospectus | First Eagle Overseas Fund | Class I  
Risk/Return: rr_RiskReturnAbstract  
Maximum Sales Charge (Load) on Purchases (as a percentage of public offering price) rr_MaximumSalesChargeImposedOnPurchasesOverOfferingPrice none
Maximum Deferred Sales Charge (Load) (as a percentage of the lesser of your purchase or redemption price) rr_MaximumDeferredSalesChargeOverOfferingPrice none
Management Fees rr_ManagementFeesOverAssets 0.75%
Distribution and/or Service (12b-1) Fees rr_DistributionAndService12b1FeesOverAssets none
Other Expenses rr_OtherExpensesOverAssets 0.11% [2]
Total Annual Operating Expenses (%) rr_ExpensesOverAssets 0.86%
Expense Example, with Redemption, 1 Year rr_ExpenseExampleYear01 $ 88
Expense Example, with Redemption, 3 Years rr_ExpenseExampleYear03 274
Expense Example, with Redemption, 5 Years rr_ExpenseExampleYear05 477
Expense Example, with Redemption, 10 Years rr_ExpenseExampleYear10 1,061
Expense Example, No Redemption, 1 Year rr_ExpenseExampleNoRedemptionYear01 88
Expense Example, No Redemption, 3 Years rr_ExpenseExampleNoRedemptionYear03 274
Expense Example, No Redemption, 5 Years rr_ExpenseExampleNoRedemptionYear05 477
Expense Example, No Redemption, 10 Years rr_ExpenseExampleNoRedemptionYear10 $ 1,061
1 Year rr_AverageAnnualReturnYear01 (9.99%)
5 Years rr_AverageAnnualReturnYear05 2.10%
10 Years rr_AverageAnnualReturnYear10 6.85%
Multi-class Prospectus | First Eagle Overseas Fund | Class R3  
Risk/Return: rr_RiskReturnAbstract  
Maximum Sales Charge (Load) on Purchases (as a percentage of public offering price) rr_MaximumSalesChargeImposedOnPurchasesOverOfferingPrice none
Maximum Deferred Sales Charge (Load) (as a percentage of the lesser of your purchase or redemption price) rr_MaximumDeferredSalesChargeOverOfferingPrice none
Management Fees rr_ManagementFeesOverAssets 0.75%
Distribution and/or Service (12b-1) Fees rr_DistributionAndService12b1FeesOverAssets 0.35%
Other Expenses rr_OtherExpensesOverAssets 0.11% [2]
Total Annual Operating Expenses (%) rr_ExpensesOverAssets 1.21%
Expense Example, with Redemption, 1 Year rr_ExpenseExampleYear01 $ 123
Expense Example, with Redemption, 3 Years rr_ExpenseExampleYear03 384
Expense Example, with Redemption, 5 Years rr_ExpenseExampleYear05 665
Expense Example, with Redemption, 10 Years rr_ExpenseExampleYear10 1,466
Expense Example, No Redemption, 1 Year rr_ExpenseExampleNoRedemptionYear01 123
Expense Example, No Redemption, 3 Years rr_ExpenseExampleNoRedemptionYear03 384
Expense Example, No Redemption, 5 Years rr_ExpenseExampleNoRedemptionYear05 665
Expense Example, No Redemption, 10 Years rr_ExpenseExampleNoRedemptionYear10 $ 1,466
Performance One Year or Less [Text] rr_PerformanceOneYearOrLess While no or only partial information is shown for Class R3, Class R4, Class R5 and Class R6 shares (because they have no or partial performance as of December 31, 2018), annual returns for Class R3, Class R4, Class R5 and Class R6 shares would have been substantially similar to those shown here.
Since Inception rr_AverageAnnualReturnSinceInception (9.75%)
Inception Date rr_AverageAnnualReturnInceptionDate May 01, 2018
Multi-class Prospectus | First Eagle Overseas Fund | Class R3 | MSCI EAFE Index  
Risk/Return: rr_RiskReturnAbstract  
1 Year rr_AverageAnnualReturnYear01 (13.79%)
5 Years rr_AverageAnnualReturnYear05 0.53%
10 Years rr_AverageAnnualReturnYear10 6.32%
Since Inception rr_AverageAnnualReturnSinceInception (13.82%)
Inception Date rr_AverageAnnualReturnInceptionDate May 01, 2018
Multi-class Prospectus | First Eagle Overseas Fund | Class R4  
Risk/Return: rr_RiskReturnAbstract  
Maximum Sales Charge (Load) on Purchases (as a percentage of public offering price) rr_MaximumSalesChargeImposedOnPurchasesOverOfferingPrice none
Maximum Deferred Sales Charge (Load) (as a percentage of the lesser of your purchase or redemption price) rr_MaximumDeferredSalesChargeOverOfferingPrice none
Management Fees rr_ManagementFeesOverAssets 0.75%
Distribution and/or Service (12b-1) Fees rr_DistributionAndService12b1FeesOverAssets 0.10%
Other Expenses rr_OtherExpensesOverAssets 0.18% [2]
Total Annual Operating Expenses (%) rr_ExpensesOverAssets 1.03%
Expense Example, with Redemption, 1 Year rr_ExpenseExampleYear01 $ 105
Expense Example, with Redemption, 3 Years rr_ExpenseExampleYear03 328
Expense Example, with Redemption, 5 Years rr_ExpenseExampleYear05 569
Expense Example, with Redemption, 10 Years rr_ExpenseExampleYear10 1,259
Expense Example, No Redemption, 1 Year rr_ExpenseExampleNoRedemptionYear01 105
Expense Example, No Redemption, 3 Years rr_ExpenseExampleNoRedemptionYear03 328
Expense Example, No Redemption, 5 Years rr_ExpenseExampleNoRedemptionYear05 569
Expense Example, No Redemption, 10 Years rr_ExpenseExampleNoRedemptionYear10 $ 1,259
Performance One Year or Less [Text] rr_PerformanceOneYearOrLess While no or only partial information is shown for Class R3, Class R4, Class R5 and Class R6 shares (because they have no or partial performance as of December 31, 2018), annual returns for Class R3, Class R4, Class R5 and Class R6 shares would have been substantially similar to those shown here.
Since Inception rr_AverageAnnualReturnSinceInception (13.32%)
Inception Date rr_AverageAnnualReturnInceptionDate Jan. 17, 2018
Multi-class Prospectus | First Eagle Overseas Fund | Class R4 | MSCI EAFE Index  
Risk/Return: rr_RiskReturnAbstract  
1 Year rr_AverageAnnualReturnYear01 (13.79%)
5 Years rr_AverageAnnualReturnYear05 0.53%
10 Years rr_AverageAnnualReturnYear10 6.32%
Since Inception rr_AverageAnnualReturnSinceInception (17.55%)
Inception Date rr_AverageAnnualReturnInceptionDate Jan. 17, 2018
Multi-class Prospectus | First Eagle Overseas Fund | Class R5  
Risk/Return: rr_RiskReturnAbstract  
Maximum Sales Charge (Load) on Purchases (as a percentage of public offering price) rr_MaximumSalesChargeImposedOnPurchasesOverOfferingPrice none
Maximum Deferred Sales Charge (Load) (as a percentage of the lesser of your purchase or redemption price) rr_MaximumDeferredSalesChargeOverOfferingPrice none
Management Fees rr_ManagementFeesOverAssets 0.75%
Distribution and/or Service (12b-1) Fees rr_DistributionAndService12b1FeesOverAssets none
Other Expenses rr_OtherExpensesOverAssets 0.20% [2]
Total Annual Operating Expenses (%) rr_ExpensesOverAssets 0.95%
Expense Example, with Redemption, 1 Year rr_ExpenseExampleYear01 $ 97
Expense Example, with Redemption, 3 Years rr_ExpenseExampleYear03 303
Expense Example, with Redemption, 5 Years rr_ExpenseExampleYear05 525
Expense Example, with Redemption, 10 Years rr_ExpenseExampleYear10 1,166
Expense Example, No Redemption, 1 Year rr_ExpenseExampleNoRedemptionYear01 97
Expense Example, No Redemption, 3 Years rr_ExpenseExampleNoRedemptionYear03 303
Expense Example, No Redemption, 5 Years rr_ExpenseExampleNoRedemptionYear05 525
Expense Example, No Redemption, 10 Years rr_ExpenseExampleNoRedemptionYear10 $ 1,166
Performance One Year or Less [Text] rr_PerformanceOneYearOrLess While no or only partial information is shown for Class R3, Class R4, Class R5 and Class R6 shares (because they have no or partial performance as of December 31, 2018), annual returns for Class R3, Class R4, Class R5 and Class R6 shares would have been substantially similar to those shown here.
Multi-class Prospectus | First Eagle Overseas Fund | Class R6  
Risk/Return: rr_RiskReturnAbstract  
Maximum Sales Charge (Load) on Purchases (as a percentage of public offering price) rr_MaximumSalesChargeImposedOnPurchasesOverOfferingPrice none
Maximum Deferred Sales Charge (Load) (as a percentage of the lesser of your purchase or redemption price) rr_MaximumDeferredSalesChargeOverOfferingPrice none
Management Fees rr_ManagementFeesOverAssets 0.75%
Distribution and/or Service (12b-1) Fees rr_DistributionAndService12b1FeesOverAssets none
Other Expenses rr_OtherExpensesOverAssets 0.05% [2]
Total Annual Operating Expenses (%) rr_ExpensesOverAssets 0.80%
Expense Example, with Redemption, 1 Year rr_ExpenseExampleYear01 $ 82
Expense Example, with Redemption, 3 Years rr_ExpenseExampleYear03 255
Expense Example, with Redemption, 5 Years rr_ExpenseExampleYear05 444
Expense Example, with Redemption, 10 Years rr_ExpenseExampleYear10 990
Expense Example, No Redemption, 1 Year rr_ExpenseExampleNoRedemptionYear01 82
Expense Example, No Redemption, 3 Years rr_ExpenseExampleNoRedemptionYear03 255
Expense Example, No Redemption, 5 Years rr_ExpenseExampleNoRedemptionYear05 444
Expense Example, No Redemption, 10 Years rr_ExpenseExampleNoRedemptionYear10 $ 990
Performance One Year or Less [Text] rr_PerformanceOneYearOrLess While no or only partial information is shown for Class R3, Class R4, Class R5 and Class R6 shares (because they have no or partial performance as of December 31, 2018), annual returns for Class R3, Class R4, Class R5 and Class R6 shares would have been substantially similar to those shown here.
1 Year rr_AverageAnnualReturnYear01 (9.92%)
Since Inception rr_AverageAnnualReturnSinceInception (0.99%)
Inception Date rr_AverageAnnualReturnInceptionDate Mar. 01, 2017
Multi-class Prospectus | First Eagle Overseas Fund | Class R6 | MSCI EAFE Index  
Risk/Return: rr_RiskReturnAbstract  
1 Year rr_AverageAnnualReturnYear01 (13.79%)
5 Years rr_AverageAnnualReturnYear05 0.53%
10 Years rr_AverageAnnualReturnYear10 6.32%
Since Inception rr_AverageAnnualReturnSinceInception 1.54%
Inception Date rr_AverageAnnualReturnInceptionDate Mar. 01, 2017
[1] A contingent deferred sales charge of 1.00% may apply on certain redemptions of Class A shares made within 18 months following a purchase of $1,000,000 or more without an initial sales charge.
[2] "Other Expenses" shown generally reflect actual expenses for the Fund for the fiscal year ended October 31, 2018 and estimated expenses in the case of newly organized share classes.
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Multi-class Prospectus | First Eagle U.S. Value Fund
First Eagle U.S. Value Fund
Investment Objective

First Eagle U.S. Value Fund (“U.S. Value Fund”) seeks long-term growth of capital by investing, under normal market conditions, at least 80% of its net assets (plus any borrowings for investment purposes) in domestic equity and debt securities.

Fees and Expenses of the U.S. Value Fund

The following information describes the fees and expenses you may pay if you buy and hold shares of the U.S. Value Fund.


You may qualify for sales charge discounts if you, together with certain related accounts, invest, or agree to invest in the future, at least $25,000 in the U.S. Value Fund. Information about these and other discounts is available from your financial professional and in the How to Purchase Shares and Public Offering Price of Class A Shares sections on pages 78 and 85, respectively, and in the appendix to this Prospectus titled Intermediary-Specific Front-End Sales Load and Waiver Terms.

Shareholder Fees (fees paid directly from your investment)
Shareholder Fees - Multi-class Prospectus - First Eagle U.S. Value Fund
Class A
Class C
Class I
Class R3
Class R4
Class R5
Class R6
Maximum Sales Charge (Load) on Purchases (as a percentage of public offering price) 5.00% none none none none none none
Maximum Deferred Sales Charge (Load) (as a percentage of the lesser of your purchase or redemption price) 1.00% [1] 1.00% none none none none none
[1] A contingent deferred sales charge of 1.00% may apply on certain redemptions of Class A shares made within 18 months following a purchase of $1,000,000 or more without an initial sales charge.
Annual Fund Operating Expenses (expenses you pay each year as a percentage of the value of your investment)
Annual Fund Operating Expenses - Multi-class Prospectus - First Eagle U.S. Value Fund
Class A
Class C
Class I
Class R3
Class R4
Class R5
Class R6
Management Fees [1] 0.75% 0.75% 0.75% 0.75% 0.75% 0.75% 0.75%
Distribution and/or Service (12b-1) Fees 0.25% 1.00% none 0.35% 0.10% none none
Other Expenses [2] 0.15% 0.15% 0.12% 0.14% 0.26% 0.26% 0.11%
Total Annual Operating Expenses (%) 1.15% 1.90% 0.87% 1.24% 1.11% 1.01% 0.86%
Fee Waiver [1] (0.05%) (0.05%) (0.05%) (0.05%) (0.05%) (0.05%) (0.05%)
Total Annual Operating Expenses After Fee Waiver (%) 1.10% 1.85% 0.82% 1.19% 1.06% 0.96% 0.81%
[1] The Adviser has contractually agreed to waive its management fee at an annual rate in the amount of 0.05% of the average daily value of the Fund's net assets for the period through February 29, 2020. This waiver has the effect of reducing the management fee shown in the table for the term of the waiver from 0.75% to 0.70%.
[2] "Other Expenses" shown generally reflect actual expenses for the Fund for the fiscal year ended October 31, 2018 and estimated expenses in the case of newly organized share classes.
Example

The following example is intended to help you compare the cost of investing in the U.S. Value Fund with the cost of investing in other mutual funds. This hypothetical example assumes you invest $10,000 in the Fund for the time periods indicated and then either redeem or do not redeem all shares at the end of those periods. The example also assumes the average annual return is 5% and operating expenses remain the same (except that the management fee waiver is taken into account only for the one-year expense example). Please keep in mind your actual costs may be higher or lower.

Sold
Expense Example - Multi-class Prospectus - First Eagle U.S. Value Fund - USD ($)
1 Year
3 Years
5 Years
10 Years
Class A 607 842 1,097 1,823
Class C 288 592 1,022 2,218
Class I 84 273 477 1,068
Class R3 121 388 676 1,496
Class R4 108 348 607 1,347
Class R5 98 317 553 1,232
Class R6 83 269 472 1,056
Held
Expense Example No Redemption - Multi-class Prospectus - First Eagle U.S. Value Fund - USD ($)
1 Year
3 Years
5 Years
10 Years
Class A 607 842 1,097 1,823
Class C 188 592 1,022 2,218
Class I 84 273 477 1,068
Class R3 121 388 676 1,496
Class R4 108 348 607 1,347
Class R5 98 317 553 1,232
Class R6 83 269 472 1,056
Portfolio Turnover Rate

The U.S. Value Fund pays transaction costs, such as commissions, when it buys and sells securities (or “turns over” its portfolio). A higher portfolio turnover rate may indicate higher transaction costs and may result in higher taxes when Fund shares are held in a taxable account. These costs, which are not reflected in annual Fund operating expenses or in the example, affect the Fund’s performance. During the most recent fiscal year, the Fund’s portfolio turnover rate was 9.05% of the average value of its portfolio.

Principal Investment Strategies

To achieve its objective of long-term capital growth, the U.S. Value Fund will normally invest at least 80% of its net assets (plus any borrowings for investment purposes) in domestic equity and debt instruments and may invest to a lesser extent in securities of non-U.S. issuers. In particular, the Fund seeks companies exhibiting financial strength and stability, strong management and fundamental value. Investment decisions for the Fund are made without regard to the capitalization (size) of the companies in which it invests. The Fund may invest in any size company, including large, medium and smaller companies. The debt instruments in which the Fund may invest include fixed-income securities without regard to credit rating or time to maturity and short-term debt instruments. The Fund may also invest in gold and other precious metals, and futures contracts related to precious metals. The Fund “counts” relevant derivative positions towards its “80% of assets” allocation, and in doing so, values each position at the price at which it is held on the Fund’s books (generally market price).


The investment philosophy and strategy of the U.S. Value Fund can be broadly characterized as a “value” approach, as it seeks a “margin of safety” in each investment purchase with the goal being to avoid permanent impairment of capital (as opposed to temporary losses in share value relating to shifting investor sentiment or other normal share price volatility). In particular, a discount to “intrinsic value” is sought even for the best of businesses, with a deeper discount demanded for companies that we view as under business model, balance sheet, management or other stresses. “Intrinsic value” is based on our judgment of what a prudent and rational business buyer would pay in cash for all of the company in normal markets. See also Defensive Investment Strategies.


The Fund makes some investments through a special purpose trading subsidiary (the “Subsidiary”) and may invest up to 25% of its total assets in the Subsidiary. The Subsidiary is a wholly-owned and controlled subsidiary of the Fund, organized under the laws of the Cayman Islands as an exempted company. Generally, the Subsidiary will invest in commodities and related instruments (primarily gold bullion and other precious metals and related futures contracts).

Principal Investment Risks

As with any mutual fund investment, you may lose money by investing in the U.S. Value Fund. The likelihood of loss may be greater if you invest for a shorter period of time. An investment in the Fund is not intended to be a complete investment program.


Principal risks of investing in the U.S. Value Fund, which could adversely affect its net asset value and total return, are:


 

 

Market Risk — The value of the Fund’s portfolio holdings may fluctuate in response to events specific to the companies or markets in which the Fund invests, as well as economic, political, or social events in the United States or abroad.

 

 

Credit and Interest Rate Risk — The value of the Fund’s portfolio may fluctuate in response to the risk that the issuer of a bond or other instrument will not be able to make payments of interest and principal when due. The Fund may invest in debt instruments that are below investment grade, commonly known as junk bonds, which are considered speculative, and carry a higher risk of default. In addition, fluctuations in interest rates can affect the value of debt instruments held by the Fund. An increase in interest rates tends to reduce the market value of debt instruments, while a decline in interest rates tends to increase their values. Longer-duration instruments tend to be more sensitive to interest rate changes than those with shorter durations.

 

 

Small and Medium-Size Company Risk — The Fund may invest in small and medium-size companies, the securities of which can be more volatile in price than those of larger companies. Positions in smaller companies, especially when the Fund is a large holder of a small company’s securities, also may be more difficult or expensive to trade. The Fund considers small companies to be companies with market capitalizations of less than $1 billion and medium-size companies to have market capitalizations of less than $10 billion.

 

 

Gold Risk — The Fund may invest in both physical gold and the securities of companies in the gold mining sector. Prices of gold-related issues are susceptible to changes in U.S. and foreign regulatory policies, taxes, currencies, mining laws, inflation, and various other market conditions.


 

 

Foreign Investment Risk — The Fund may invest in foreign investments. Foreign investments are susceptible to less politically, economically and socially stable environments, foreign currency and exchange rate changes, and adverse changes to government regulations.

 

 

Subsidiary Risk — By investing in the Subsidiary, the Fund is indirectly exposed to the risks associated with the Subsidiary’s investments. The Subsidiary is not registered under the 1940 Act and is not subject to all of the investor protections of the 1940 Act. Changes in the laws of the United States and/or the Cayman Islands could result in the inability of the Fund and/or the Subsidiary to operate as expected and could adversely affect the Fund.


An investment in the Fund is not a bank deposit and is not insured or guaranteed by the Federal Deposit Insurance Corporation (FDIC) or any other government agency.


For more information on the risks of investing in the U.S. Value Fund, please see the More Information about the Funds’ Investments section.

Investment Results

The following information provides an indication of the risks of investing in the U.S. Value Fund by showing changes in the Fund’s performance from year to year, and by showing how the Fund’s average annual returns for 1, 5 and 10 years compare with those of a broad measure of market performance. As with all mutual funds, past performance is not an indication of future performance (before or after taxes).


After-tax returns are calculated using the highest individual federal income tax rate for each year, and do not reflect the effect of state and local taxes. Actual after-tax returns depend on your individual tax situation. After-tax returns are not relevant to investors in tax-deferred accounts, such as 401(k) plans or individual retirement accounts.


Updated performance information is available at www.feim.com/individual-investors/fund/us-value-fund or by calling 800.334.2143.


The following bar chart assumes reinvestment of dividends and distributions and does not reflect any sales charges. If sales charges were included, the returns would be lower.

Calendar Year Total Returns—Class A
Bar Chart

 

 

 

 

 

 

 

 

 

Best Quarter*

 

 

 

Worst Quarter*

Second Quarter 2009

 

12.57%

 

 

 

Third Quarter 2011

 

-9.03%

 

 

 

 

 


 

*

 

For the period presented in the bar chart above.

Average Annual Total Returns as of December 31, 2018

The following table discloses after-tax returns only for Class A shares.


After-tax returns for Class C, Class I, Class R3, Class R4, Class R5 and Class R6 shares will vary. While no or only partial information is shown for Class R3, Class R4, Class R5 and Class R6 shares (because they have no or partial performance as of December 31, 2018), annual returns for Class R3, Class R4, Class R5 and Class R6 shares would have been substantially similar to those shown here. Class R3, Class R4, Class R5 and Class R6 shares are invested in the same portfolio of securities and the annual returns differ only to the extent that Class R3, Class R4, Class R5 and Class R6 shares do not have the same expenses as the classes for which more extended performance is shown. Comparative expense information is in the Fees and Expenses table.

Average Annual Returns - Multi-class Prospectus - First Eagle U.S. Value Fund
1 Year
5 Years
10 Years
Since Inception
Inception Date
Class A (10.64%) 3.49% 8.57%    
Class C (7.40%) 3.77% 8.31%    
Class I (5.64%) 4.83% 9.41%    
Class R3       (5.76%) May 01, 2018
Class R6 (5.61%)     0.96% Mar. 01, 2017
After Taxes on Distributions | Class A (13.49%) 1.50% 7.23%    
After Taxes on Distributions and Sale of Fund Shares | Class A (4.10%) 2.66% 6.97%    
Standard & Poor’s 500 Index | Class R3 (4.38%) 8.49% 13.12% (4.27%) May 01, 2018
Standard & Poor’s 500 Index | Class R6 (4.38%) 8.49% 13.12% 4.51% Mar. 01, 2017

XML 19 R25.htm IDEA: XBRL DOCUMENT v3.19.1
Label Element Value
Multi-class Prospectus | First Eagle U.S. Value Fund  
Risk/Return: rr_RiskReturnAbstract  
Risk/Return [Heading] rr_RiskReturnHeading First Eagle U.S. Value Fund
Objective [Heading] rr_ObjectiveHeading Investment Objective
Objective, Primary [Text Block] rr_ObjectivePrimaryTextBlock

First Eagle U.S. Value Fund (“U.S. Value Fund”) seeks long-term growth of capital by investing, under normal market conditions, at least 80% of its net assets (plus any borrowings for investment purposes) in domestic equity and debt securities.

Expense [Heading] rr_ExpenseHeading Fees and Expenses of the U.S. Value Fund
Expense Narrative [Text Block] rr_ExpenseNarrativeTextBlock

The following information describes the fees and expenses you may pay if you buy and hold shares of the U.S. Value Fund.


You may qualify for sales charge discounts if you, together with certain related accounts, invest, or agree to invest in the future, at least $25,000 in the U.S. Value Fund. Information about these and other discounts is available from your financial professional and in the How to Purchase Shares and Public Offering Price of Class A Shares sections on pages 78 and 85, respectively, and in the appendix to this Prospectus titled Intermediary-Specific Front-End Sales Load and Waiver Terms.

Shareholder Fees Caption [Text] rr_ShareholderFeesCaption Shareholder Fees (fees paid directly from your investment)
Operating Expenses Caption [Text] rr_OperatingExpensesCaption Annual Fund Operating Expenses (expenses you pay each year as a percentage of the value of your investment)
Fee Waiver or Reimbursement over Assets, Date of Termination rr_FeeWaiverOrReimbursementOverAssetsDateOfTermination Feb. 29, 2020
Portfolio Turnover [Heading] rr_PortfolioTurnoverHeading Portfolio Turnover Rate
Portfolio Turnover [Text Block] rr_PortfolioTurnoverTextBlock

The U.S. Value Fund pays transaction costs, such as commissions, when it buys and sells securities (or “turns over” its portfolio). A higher portfolio turnover rate may indicate higher transaction costs and may result in higher taxes when Fund shares are held in a taxable account. These costs, which are not reflected in annual Fund operating expenses or in the example, affect the Fund’s performance. During the most recent fiscal year, the Fund’s portfolio turnover rate was 9.05% of the average value of its portfolio.

Portfolio Turnover, Rate rr_PortfolioTurnoverRate 9.05%
Expense Breakpoint Discounts [Text] rr_ExpenseBreakpointDiscounts You may qualify for sales charge discounts if you, together with certain related accounts, invest, or agree to invest in the future, at least $25,000 in the U.S. Value Fund.
Expense Breakpoint, Minimum Investment Required [Amount] rr_ExpenseBreakpointMinimumInvestmentRequiredAmount $ 25,000
Other Expenses, New Fund, Based on Estimates [Text] rr_OtherExpensesNewFundBasedOnEstimates “Other Expenses” shown generally reflect actual expenses for the Fund for the fiscal year ended October 31, 2018 and estimated expenses in the case of newly organized share classes.
Expense Example [Heading] rr_ExpenseExampleHeading Example
Expense Example Narrative [Text Block] rr_ExpenseExampleNarrativeTextBlock

The following example is intended to help you compare the cost of investing in the U.S. Value Fund with the cost of investing in other mutual funds. This hypothetical example assumes you invest $10,000 in the Fund for the time periods indicated and then either redeem or do not redeem all shares at the end of those periods. The example also assumes the average annual return is 5% and operating expenses remain the same (except that the management fee waiver is taken into account only for the one-year expense example). Please keep in mind your actual costs may be higher or lower.

Expense Example by, Year, Caption [Text] rr_ExpenseExampleByYearCaption Sold
Expense Example, No Redemption, By Year, Caption [Text] rr_ExpenseExampleNoRedemptionByYearCaption Held
Strategy [Heading] rr_StrategyHeading Principal Investment Strategies
Strategy Narrative [Text Block] rr_StrategyNarrativeTextBlock

To achieve its objective of long-term capital growth, the U.S. Value Fund will normally invest at least 80% of its net assets (plus any borrowings for investment purposes) in domestic equity and debt instruments and may invest to a lesser extent in securities of non-U.S. issuers. In particular, the Fund seeks companies exhibiting financial strength and stability, strong management and fundamental value. Investment decisions for the Fund are made without regard to the capitalization (size) of the companies in which it invests. The Fund may invest in any size company, including large, medium and smaller companies. The debt instruments in which the Fund may invest include fixed-income securities without regard to credit rating or time to maturity and short-term debt instruments. The Fund may also invest in gold and other precious metals, and futures contracts related to precious metals. The Fund “counts” relevant derivative positions towards its “80% of assets” allocation, and in doing so, values each position at the price at which it is held on the Fund’s books (generally market price).


The investment philosophy and strategy of the U.S. Value Fund can be broadly characterized as a “value” approach, as it seeks a “margin of safety” in each investment purchase with the goal being to avoid permanent impairment of capital (as opposed to temporary losses in share value relating to shifting investor sentiment or other normal share price volatility). In particular, a discount to “intrinsic value” is sought even for the best of businesses, with a deeper discount demanded for companies that we view as under business model, balance sheet, management or other stresses. “Intrinsic value” is based on our judgment of what a prudent and rational business buyer would pay in cash for all of the company in normal markets. See also Defensive Investment Strategies.


The Fund makes some investments through a special purpose trading subsidiary (the “Subsidiary”) and may invest up to 25% of its total assets in the Subsidiary. The Subsidiary is a wholly-owned and controlled subsidiary of the Fund, organized under the laws of the Cayman Islands as an exempted company. Generally, the Subsidiary will invest in commodities and related instruments (primarily gold bullion and other precious metals and related futures contracts).

Risk [Heading] rr_RiskHeading Principal Investment Risks
Risk Narrative [Text Block] rr_RiskNarrativeTextBlock

As with any mutual fund investment, you may lose money by investing in the U.S. Value Fund. The likelihood of loss may be greater if you invest for a shorter period of time. An investment in the Fund is not intended to be a complete investment program.


Principal risks of investing in the U.S. Value Fund, which could adversely affect its net asset value and total return, are:


 

 

Market Risk — The value of the Fund’s portfolio holdings may fluctuate in response to events specific to the companies or markets in which the Fund invests, as well as economic, political, or social events in the United States or abroad.

 

 

Credit and Interest Rate Risk — The value of the Fund’s portfolio may fluctuate in response to the risk that the issuer of a bond or other instrument will not be able to make payments of interest and principal when due. The Fund may invest in debt instruments that are below investment grade, commonly known as junk bonds, which are considered speculative, and carry a higher risk of default. In addition, fluctuations in interest rates can affect the value of debt instruments held by the Fund. An increase in interest rates tends to reduce the market value of debt instruments, while a decline in interest rates tends to increase their values. Longer-duration instruments tend to be more sensitive to interest rate changes than those with shorter durations.

 

 

Small and Medium-Size Company Risk — The Fund may invest in small and medium-size companies, the securities of which can be more volatile in price than those of larger companies. Positions in smaller companies, especially when the Fund is a large holder of a small company’s securities, also may be more difficult or expensive to trade. The Fund considers small companies to be companies with market capitalizations of less than $1 billion and medium-size companies to have market capitalizations of less than $10 billion.

 

 

Gold Risk — The Fund may invest in both physical gold and the securities of companies in the gold mining sector. Prices of gold-related issues are susceptible to changes in U.S. and foreign regulatory policies, taxes, currencies, mining laws, inflation, and various other market conditions.


 

 

Foreign Investment Risk — The Fund may invest in foreign investments. Foreign investments are susceptible to less politically, economically and socially stable environments, foreign currency and exchange rate changes, and adverse changes to government regulations.

 

 

Subsidiary Risk — By investing in the Subsidiary, the Fund is indirectly exposed to the risks associated with the Subsidiary’s investments. The Subsidiary is not registered under the 1940 Act and is not subject to all of the investor protections of the 1940 Act. Changes in the laws of the United States and/or the Cayman Islands could result in the inability of the Fund and/or the Subsidiary to operate as expected and could adversely affect the Fund.


An investment in the Fund is not a bank deposit and is not insured or guaranteed by the Federal Deposit Insurance Corporation (FDIC) or any other government agency.


For more information on the risks of investing in the U.S. Value Fund, please see the More Information about the Funds’ Investments section.

Risk Lose Money [Text] rr_RiskLoseMoney As with any mutual fund investment, you may lose money by investing in the U.S. Value Fund.
Risk Not Insured Depository Institution [Text] rr_RiskNotInsuredDepositoryInstitution An investment in the Fund is not a bank deposit and is not insured or guaranteed by the Federal Deposit Insurance Corporation (FDIC) or any other government agency.
Bar Chart and Performance Table [Heading] rr_BarChartAndPerformanceTableHeading Investment Results
Performance Narrative [Text Block] rr_PerformanceNarrativeTextBlock

The following information provides an indication of the risks of investing in the U.S. Value Fund by showing changes in the Fund’s performance from year to year, and by showing how the Fund’s average annual returns for 1, 5 and 10 years compare with those of a broad measure of market performance. As with all mutual funds, past performance is not an indication of future performance (before or after taxes).


After-tax returns are calculated using the highest individual federal income tax rate for each year, and do not reflect the effect of state and local taxes. Actual after-tax returns depend on your individual tax situation. After-tax returns are not relevant to investors in tax-deferred accounts, such as 401(k) plans or individual retirement accounts.


Updated performance information is available at www.feim.com/individual-investors/fund/us-value-fund or by calling 800.334.2143.


The following bar chart assumes reinvestment of dividends and distributions and does not reflect any sales charges. If sales charges were included, the returns would be lower.

Performance Information Illustrates Variability of Returns [Text] rr_PerformanceInformationIllustratesVariabilityOfReturns The following information provides an indication of the risks of investing in the U.S. Value Fund by showing changes in the Fund’s performance from year to year, and by showing how the Fund’s average annual returns for 1, 5 and 10 years compare with those of a broad measure of market performance.
Performance Availability Phone [Text] rr_PerformanceAvailabilityPhone 800.334.2143
Performance Availability Website Address [Text] rr_PerformanceAvailabilityWebSiteAddress www.feim.com/individual-investors/fund/us-value-fund
Performance Past Does Not Indicate Future [Text] rr_PerformancePastDoesNotIndicateFuture As with all mutual funds, past performance is not an indication of future performance (before or after taxes).
Bar Chart [Heading] rr_BarChartHeading Calendar Year Total Returns—Class A
Bar Chart Does Not Reflect Sales Loads [Text] rr_BarChartDoesNotReflectSalesLoads The following bar chart assumes reinvestment of dividends and distributions and does not reflect any sales charges. If sales charges were included, the returns would be lower.
Bar Chart Closing [Text Block] rr_BarChartClosingTextBlock

 

 

 

 

 

 

 

 

 

Best Quarter*

 

 

 

Worst Quarter*

Second Quarter 2009

 

12.57%

 

 

 

Third Quarter 2011

 

-9.03%

 

 

 

 

 


 

*

 

For the period presented in the bar chart above.

Highest Quarterly Return, Label rr_HighestQuarterlyReturnLabel Best Quarter
Highest Quarterly Return, Date rr_BarChartHighestQuarterlyReturnDate Jun. 30, 2009
Highest Quarterly Return rr_BarChartHighestQuarterlyReturn 12.57%
Lowest Quarterly Return, Label rr_LowestQuarterlyReturnLabel Worst Quarter
Lowest Quarterly Return, Date rr_BarChartLowestQuarterlyReturnDate Sep. 30, 2011
Lowest Quarterly Return rr_BarChartLowestQuarterlyReturn (9.03%)
Performance Table Uses Highest Federal Rate rr_PerformanceTableUsesHighestFederalRate After-tax returns are calculated using the highest individual federal income tax rate for each year, and do not reflect the effect of state and local taxes.
Performance Table Not Relevant to Tax Deferred rr_PerformanceTableNotRelevantToTaxDeferred After-tax returns are not relevant to investors in tax-deferred accounts, such as 401(k) plans or individual retirement accounts.
Performance Table One Class of after Tax Shown [Text] rr_PerformanceTableOneClassOfAfterTaxShown The following table discloses after-tax returns only for Class A shares. After-tax returns for Class C, Class I, Class R3, Class R4, Class R5 and Class R6 shares will vary.
Performance Table Narrative rr_PerformanceTableNarrativeTextBlock

The following table discloses after-tax returns only for Class A shares.


After-tax returns for Class C, Class I, Class R3, Class R4, Class R5 and Class R6 shares will vary. While no or only partial information is shown for Class R3, Class R4, Class R5 and Class R6 shares (because they have no or partial performance as of December 31, 2018), annual returns for Class R3, Class R4, Class R5 and Class R6 shares would have been substantially similar to those shown here. Class R3, Class R4, Class R5 and Class R6 shares are invested in the same portfolio of securities and the annual returns differ only to the extent that Class R3, Class R4, Class R5 and Class R6 shares do not have the same expenses as the classes for which more extended performance is shown. Comparative expense information is in the Fees and Expenses table.

Average Annual Return, Caption rr_AverageAnnualReturnCaption Average Annual Total Returns as of December 31, 2018
Multi-class Prospectus | First Eagle U.S. Value Fund | Class A  
Risk/Return: rr_RiskReturnAbstract  
Maximum Sales Charge (Load) on Purchases (as a percentage of public offering price) rr_MaximumSalesChargeImposedOnPurchasesOverOfferingPrice 5.00%
Maximum Deferred Sales Charge (Load) (as a percentage of the lesser of your purchase or redemption price) rr_MaximumDeferredSalesChargeOverOfferingPrice 1.00% [1]
Management Fees rr_ManagementFeesOverAssets 0.75% [2]
Distribution and/or Service (12b-1) Fees rr_DistributionAndService12b1FeesOverAssets 0.25%
Other Expenses rr_OtherExpensesOverAssets 0.15% [3]
Total Annual Operating Expenses (%) rr_ExpensesOverAssets 1.15%
Fee Waiver rr_FeeWaiverOrReimbursementOverAssets (0.05%) [2]
Total Annual Operating Expenses After Fee Waiver (%) rr_NetExpensesOverAssets 1.10%
Expenses Deferred Charges [Text Block] rr_ExpensesDeferredChargesTextBlock A contingent deferred sales charge of 1.00% may apply on certain redemptions of Class A shares made within 18 months following a purchase of $1,000,000 or more without an initial sales charge.
Expense Example, with Redemption, 1 Year rr_ExpenseExampleYear01 $ 607
Expense Example, with Redemption, 3 Years rr_ExpenseExampleYear03 842
Expense Example, with Redemption, 5 Years rr_ExpenseExampleYear05 1,097
Expense Example, with Redemption, 10 Years rr_ExpenseExampleYear10 1,823
Expense Example, No Redemption, 1 Year rr_ExpenseExampleNoRedemptionYear01 607
Expense Example, No Redemption, 3 Years rr_ExpenseExampleNoRedemptionYear03 842
Expense Example, No Redemption, 5 Years rr_ExpenseExampleNoRedemptionYear05 1,097
Expense Example, No Redemption, 10 Years rr_ExpenseExampleNoRedemptionYear10 $ 1,823
Annual Return 2009 rr_AnnualReturn2009 24.84%
Annual Return 2010 rr_AnnualReturn2010 12.22%
Annual Return 2011 rr_AnnualReturn2011 5.70%
Annual Return 2012 rr_AnnualReturn2012 10.71%
Annual Return 2013 rr_AnnualReturn2013 16.94%
Annual Return 2014 rr_AnnualReturn2014 8.15%
Annual Return 2015 rr_AnnualReturn2015 (5.14%)
Annual Return 2016 rr_AnnualReturn2016 14.77%
Annual Return 2017 rr_AnnualReturn2017 12.79%
Annual Return 2018 rr_AnnualReturn2018 (5.92%)
1 Year rr_AverageAnnualReturnYear01 (10.64%)
5 Years rr_AverageAnnualReturnYear05 3.49%
10 Years rr_AverageAnnualReturnYear10 8.57%
Multi-class Prospectus | First Eagle U.S. Value Fund | Class A | After Taxes on Distributions  
Risk/Return: rr_RiskReturnAbstract  
1 Year rr_AverageAnnualReturnYear01 (13.49%)
5 Years rr_AverageAnnualReturnYear05 1.50%
10 Years rr_AverageAnnualReturnYear10 7.23%
Multi-class Prospectus | First Eagle U.S. Value Fund | Class A | After Taxes on Distributions and Sale of Fund Shares  
Risk/Return: rr_RiskReturnAbstract  
1 Year rr_AverageAnnualReturnYear01 (4.10%)
5 Years rr_AverageAnnualReturnYear05 2.66%
10 Years rr_AverageAnnualReturnYear10 6.97%
Multi-class Prospectus | First Eagle U.S. Value Fund | Class C  
Risk/Return: rr_RiskReturnAbstract  
Maximum Sales Charge (Load) on Purchases (as a percentage of public offering price) rr_MaximumSalesChargeImposedOnPurchasesOverOfferingPrice none
Maximum Deferred Sales Charge (Load) (as a percentage of the lesser of your purchase or redemption price) rr_MaximumDeferredSalesChargeOverOfferingPrice 1.00%
Management Fees rr_ManagementFeesOverAssets 0.75% [2]
Distribution and/or Service (12b-1) Fees rr_DistributionAndService12b1FeesOverAssets 1.00%
Other Expenses rr_OtherExpensesOverAssets 0.15% [3]
Total Annual Operating Expenses (%) rr_ExpensesOverAssets 1.90%
Fee Waiver rr_FeeWaiverOrReimbursementOverAssets (0.05%) [2]
Total Annual Operating Expenses After Fee Waiver (%) rr_NetExpensesOverAssets 1.85%
Expense Example, with Redemption, 1 Year rr_ExpenseExampleYear01 $ 288
Expense Example, with Redemption, 3 Years rr_ExpenseExampleYear03 592
Expense Example, with Redemption, 5 Years rr_ExpenseExampleYear05 1,022
Expense Example, with Redemption, 10 Years rr_ExpenseExampleYear10 2,218
Expense Example, No Redemption, 1 Year rr_ExpenseExampleNoRedemptionYear01 188
Expense Example, No Redemption, 3 Years rr_ExpenseExampleNoRedemptionYear03 592
Expense Example, No Redemption, 5 Years rr_ExpenseExampleNoRedemptionYear05 1,022
Expense Example, No Redemption, 10 Years rr_ExpenseExampleNoRedemptionYear10 $ 2,218
1 Year rr_AverageAnnualReturnYear01 (7.40%)
5 Years rr_AverageAnnualReturnYear05 3.77%
10 Years rr_AverageAnnualReturnYear10 8.31%
Multi-class Prospectus | First Eagle U.S. Value Fund | Class I  
Risk/Return: rr_RiskReturnAbstract  
Maximum Sales Charge (Load) on Purchases (as a percentage of public offering price) rr_MaximumSalesChargeImposedOnPurchasesOverOfferingPrice none
Maximum Deferred Sales Charge (Load) (as a percentage of the lesser of your purchase or redemption price) rr_MaximumDeferredSalesChargeOverOfferingPrice none
Management Fees rr_ManagementFeesOverAssets 0.75% [2]
Distribution and/or Service (12b-1) Fees rr_DistributionAndService12b1FeesOverAssets none
Other Expenses rr_OtherExpensesOverAssets 0.12% [3]
Total Annual Operating Expenses (%) rr_ExpensesOverAssets 0.87%
Fee Waiver rr_FeeWaiverOrReimbursementOverAssets (0.05%) [2]
Total Annual Operating Expenses After Fee Waiver (%) rr_NetExpensesOverAssets 0.82%
Expense Example, with Redemption, 1 Year rr_ExpenseExampleYear01 $ 84
Expense Example, with Redemption, 3 Years rr_ExpenseExampleYear03 273
Expense Example, with Redemption, 5 Years rr_ExpenseExampleYear05 477
Expense Example, with Redemption, 10 Years rr_ExpenseExampleYear10 1,068
Expense Example, No Redemption, 1 Year rr_ExpenseExampleNoRedemptionYear01 84
Expense Example, No Redemption, 3 Years rr_ExpenseExampleNoRedemptionYear03 273
Expense Example, No Redemption, 5 Years rr_ExpenseExampleNoRedemptionYear05 477
Expense Example, No Redemption, 10 Years rr_ExpenseExampleNoRedemptionYear10 $ 1,068
1 Year rr_AverageAnnualReturnYear01 (5.64%)
5 Years rr_AverageAnnualReturnYear05 4.83%
10 Years rr_AverageAnnualReturnYear10 9.41%
Multi-class Prospectus | First Eagle U.S. Value Fund | Class R3  
Risk/Return: rr_RiskReturnAbstract  
Maximum Sales Charge (Load) on Purchases (as a percentage of public offering price) rr_MaximumSalesChargeImposedOnPurchasesOverOfferingPrice none
Maximum Deferred Sales Charge (Load) (as a percentage of the lesser of your purchase or redemption price) rr_MaximumDeferredSalesChargeOverOfferingPrice none
Management Fees rr_ManagementFeesOverAssets 0.75% [2]
Distribution and/or Service (12b-1) Fees rr_DistributionAndService12b1FeesOverAssets 0.35%
Other Expenses rr_OtherExpensesOverAssets 0.14% [3]
Total Annual Operating Expenses (%) rr_ExpensesOverAssets 1.24%
Fee Waiver rr_FeeWaiverOrReimbursementOverAssets (0.05%) [2]
Total Annual Operating Expenses After Fee Waiver (%) rr_NetExpensesOverAssets 1.19%
Expense Example, with Redemption, 1 Year rr_ExpenseExampleYear01 $ 121
Expense Example, with Redemption, 3 Years rr_ExpenseExampleYear03 388
Expense Example, with Redemption, 5 Years rr_ExpenseExampleYear05 676
Expense Example, with Redemption, 10 Years rr_ExpenseExampleYear10 1,496
Expense Example, No Redemption, 1 Year rr_ExpenseExampleNoRedemptionYear01 121
Expense Example, No Redemption, 3 Years rr_ExpenseExampleNoRedemptionYear03 388
Expense Example, No Redemption, 5 Years rr_ExpenseExampleNoRedemptionYear05 676
Expense Example, No Redemption, 10 Years rr_ExpenseExampleNoRedemptionYear10 $ 1,496
Performance One Year or Less [Text] rr_PerformanceOneYearOrLess While no or only partial information is shown for Class R3, Class R4, Class R5 and Class R6 shares (because they have no or partial performance as of December 31, 2018), annual returns for Class R3, Class R4, Class R5 and Class R6 shares would have been substantially similar to those shown here.
Since Inception rr_AverageAnnualReturnSinceInception (5.76%)
Inception Date rr_AverageAnnualReturnInceptionDate May 01, 2018
Multi-class Prospectus | First Eagle U.S. Value Fund | Class R3 | Standard & Poor’s 500 Index  
Risk/Return: rr_RiskReturnAbstract  
1 Year rr_AverageAnnualReturnYear01 (4.38%)
5 Years rr_AverageAnnualReturnYear05 8.49%
10 Years rr_AverageAnnualReturnYear10 13.12%
Since Inception rr_AverageAnnualReturnSinceInception (4.27%)
Inception Date rr_AverageAnnualReturnInceptionDate May 01, 2018
Multi-class Prospectus | First Eagle U.S. Value Fund | Class R4  
Risk/Return: rr_RiskReturnAbstract  
Maximum Sales Charge (Load) on Purchases (as a percentage of public offering price) rr_MaximumSalesChargeImposedOnPurchasesOverOfferingPrice none
Maximum Deferred Sales Charge (Load) (as a percentage of the lesser of your purchase or redemption price) rr_MaximumDeferredSalesChargeOverOfferingPrice none
Management Fees rr_ManagementFeesOverAssets 0.75% [2]
Distribution and/or Service (12b-1) Fees rr_DistributionAndService12b1FeesOverAssets 0.10%
Other Expenses rr_OtherExpensesOverAssets 0.26% [3]
Total Annual Operating Expenses (%) rr_ExpensesOverAssets 1.11%
Fee Waiver rr_FeeWaiverOrReimbursementOverAssets (0.05%) [2]
Total Annual Operating Expenses After Fee Waiver (%) rr_NetExpensesOverAssets 1.06%
Expense Example, with Redemption, 1 Year rr_ExpenseExampleYear01 $ 108
Expense Example, with Redemption, 3 Years rr_ExpenseExampleYear03 348
Expense Example, with Redemption, 5 Years rr_ExpenseExampleYear05 607
Expense Example, with Redemption, 10 Years rr_ExpenseExampleYear10 1,347
Expense Example, No Redemption, 1 Year rr_ExpenseExampleNoRedemptionYear01 108
Expense Example, No Redemption, 3 Years rr_ExpenseExampleNoRedemptionYear03 348
Expense Example, No Redemption, 5 Years rr_ExpenseExampleNoRedemptionYear05 607
Expense Example, No Redemption, 10 Years rr_ExpenseExampleNoRedemptionYear10 $ 1,347
Performance One Year or Less [Text] rr_PerformanceOneYearOrLess While no or only partial information is shown for Class R3, Class R4, Class R5 and Class R6 shares (because they have no or partial performance as of December 31, 2018), annual returns for Class R3, Class R4, Class R5 and Class R6 shares would have been substantially similar to those shown here.
Multi-class Prospectus | First Eagle U.S. Value Fund | Class R5  
Risk/Return: rr_RiskReturnAbstract  
Maximum Sales Charge (Load) on Purchases (as a percentage of public offering price) rr_MaximumSalesChargeImposedOnPurchasesOverOfferingPrice none
Maximum Deferred Sales Charge (Load) (as a percentage of the lesser of your purchase or redemption price) rr_MaximumDeferredSalesChargeOverOfferingPrice none
Management Fees rr_ManagementFeesOverAssets 0.75% [2]
Distribution and/or Service (12b-1) Fees rr_DistributionAndService12b1FeesOverAssets none
Other Expenses rr_OtherExpensesOverAssets 0.26% [3]
Total Annual Operating Expenses (%) rr_ExpensesOverAssets 1.01%
Fee Waiver rr_FeeWaiverOrReimbursementOverAssets (0.05%) [2]
Total Annual Operating Expenses After Fee Waiver (%) rr_NetExpensesOverAssets 0.96%
Expense Example, with Redemption, 1 Year rr_ExpenseExampleYear01 $ 98
Expense Example, with Redemption, 3 Years rr_ExpenseExampleYear03 317
Expense Example, with Redemption, 5 Years rr_ExpenseExampleYear05 553
Expense Example, with Redemption, 10 Years rr_ExpenseExampleYear10 1,232
Expense Example, No Redemption, 1 Year rr_ExpenseExampleNoRedemptionYear01 98
Expense Example, No Redemption, 3 Years rr_ExpenseExampleNoRedemptionYear03 317
Expense Example, No Redemption, 5 Years rr_ExpenseExampleNoRedemptionYear05 553
Expense Example, No Redemption, 10 Years rr_ExpenseExampleNoRedemptionYear10 $ 1,232
Performance One Year or Less [Text] rr_PerformanceOneYearOrLess While no or only partial information is shown for Class R3, Class R4, Class R5 and Class R6 shares (because they have no or partial performance as of December 31, 2018), annual returns for Class R3, Class R4, Class R5 and Class R6 shares would have been substantially similar to those shown here.
Multi-class Prospectus | First Eagle U.S. Value Fund | Class R6  
Risk/Return: rr_RiskReturnAbstract  
Maximum Sales Charge (Load) on Purchases (as a percentage of public offering price) rr_MaximumSalesChargeImposedOnPurchasesOverOfferingPrice none
Maximum Deferred Sales Charge (Load) (as a percentage of the lesser of your purchase or redemption price) rr_MaximumDeferredSalesChargeOverOfferingPrice none
Management Fees rr_ManagementFeesOverAssets 0.75% [2]
Distribution and/or Service (12b-1) Fees rr_DistributionAndService12b1FeesOverAssets none
Other Expenses rr_OtherExpensesOverAssets 0.11% [3]
Total Annual Operating Expenses (%) rr_ExpensesOverAssets 0.86%
Fee Waiver rr_FeeWaiverOrReimbursementOverAssets (0.05%) [2]
Total Annual Operating Expenses After Fee Waiver (%) rr_NetExpensesOverAssets 0.81%
Expense Example, with Redemption, 1 Year rr_ExpenseExampleYear01 $ 83
Expense Example, with Redemption, 3 Years rr_ExpenseExampleYear03 269
Expense Example, with Redemption, 5 Years rr_ExpenseExampleYear05 472
Expense Example, with Redemption, 10 Years rr_ExpenseExampleYear10 1,056
Expense Example, No Redemption, 1 Year rr_ExpenseExampleNoRedemptionYear01 83
Expense Example, No Redemption, 3 Years rr_ExpenseExampleNoRedemptionYear03 269
Expense Example, No Redemption, 5 Years rr_ExpenseExampleNoRedemptionYear05 472
Expense Example, No Redemption, 10 Years rr_ExpenseExampleNoRedemptionYear10 $ 1,056
Performance One Year or Less [Text] rr_PerformanceOneYearOrLess While no or only partial information is shown for Class R3, Class R4, Class R5 and Class R6 shares (because they have no or partial performance as of December 31, 2018), annual returns for Class R3, Class R4, Class R5 and Class R6 shares would have been substantially similar to those shown here.
1 Year rr_AverageAnnualReturnYear01 (5.61%)
Since Inception rr_AverageAnnualReturnSinceInception 0.96%
Inception Date rr_AverageAnnualReturnInceptionDate Mar. 01, 2017
Multi-class Prospectus | First Eagle U.S. Value Fund | Class R6 | Standard & Poor’s 500 Index  
Risk/Return: rr_RiskReturnAbstract  
1 Year rr_AverageAnnualReturnYear01 (4.38%)
5 Years rr_AverageAnnualReturnYear05 8.49%
10 Years rr_AverageAnnualReturnYear10 13.12%
Since Inception rr_AverageAnnualReturnSinceInception 4.51%
Inception Date rr_AverageAnnualReturnInceptionDate Mar. 01, 2017
[1] A contingent deferred sales charge of 1.00% may apply on certain redemptions of Class A shares made within 18 months following a purchase of $1,000,000 or more without an initial sales charge.
[2] The Adviser has contractually agreed to waive its management fee at an annual rate in the amount of 0.05% of the average daily value of the Fund's net assets for the period through February 29, 2020. This waiver has the effect of reducing the management fee shown in the table for the term of the waiver from 0.75% to 0.70%.
[3] "Other Expenses" shown generally reflect actual expenses for the Fund for the fiscal year ended October 31, 2018 and estimated expenses in the case of newly organized share classes.
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    Class T Prospectus | First Eagle Gold Fund
    First Eagle Gold Fund
    Investment Objective

    First Eagle Gold Fund (“Gold Fund”) seeks to provide investors the opportunity to participate in the investment characteristics of gold (and to a limited extent other precious metals) for a portion of their overall investment portfolio.

    Fees and Expenses of the Gold Fund

    The following information describes the fees and expenses you may pay if you buy and hold shares of the Gold Fund.


    You may qualify for sales charge discounts if you invest at least $250,000 in the Gold Fund. Information about these discounts is available from your financial professional and in the How to Purchase Shares and Public Offering Price of Class T Shares sections on pages 69 and 74, respectively, and in the appendix to this Prospectus titled Intermediary-Specific Front-End Sales Load and Waiver Terms.

    Shareholder Fees (fees paid directly from your investment)
    Shareholder Fees
    Class T Prospectus
    First Eagle Gold Fund
    Class T
    Maximum Sales Charge (Load) on Purchases (as a percentage of public offering price) 2.50%
    Maximum Deferred Sales Charge (Load) (as a percentage of the lesser of your purchase or redemption price) none
    Redemption Fee (as a percentage of the amount redeemed within 60 days of purchase) 2.00%
    Annual Fund Operating Expenses (expenses you pay each year as a percentage of the value of your investment)
    Annual Fund Operating Expenses
    Class T Prospectus
    First Eagle Gold Fund
    Class T
    Management Fees 0.75%
    Distribution and/or Service (12b-1) Fees 0.25%
    Other Expenses 0.29% [1]
    Total Annual Operating Expenses (%) 1.29%
    [1] "Other Expenses" shown generally reflect actual expenses for the Fund for the fiscal year ended October 31, 2018 and estimated expenses in the case of newly organized share classes.
    Example

    The following example is intended to help you compare the cost of investing in the Gold Fund with the cost of investing in other mutual funds. This hypothetical example assumes you invest $10,000 in the Fund for the time periods indicated and then either redeem or do not redeem all shares at the end of those periods. The example also assumes the average annual return is 5% and operating expenses remain the same. Please keep in mind your actual costs may be higher or lower.

    Sold
    Expense Example
    1 Year
    3 Years
    5 Years
    10 Years
    Class T Prospectus | First Eagle Gold Fund | Class T | USD ($) 378 649 940 1,768
    Held
    Expense Example No Redemption
    1 Year
    3 Years
    5 Years
    10 Years
    Class T Prospectus | First Eagle Gold Fund | Class T | USD ($) 378 649 940 1,768
    Portfolio Turnover Rate

    The Gold Fund pays transaction costs, such as commissions, when it buys and sells securities (or “turns over” its portfolio). A higher portfolio turnover rate may indicate higher transaction costs and may result in higher taxes when Fund shares are held in a taxable account. These costs, which are not reflected in annual Fund operating expenses or in the example, affect the Fund’s performance. During the most recent fiscal year, the Fund’s portfolio turnover rate was 9.43% of the average value of its portfolio.

    Principal Investment Strategies

    To achieve its objective of providing investors the opportunity to participate in the investment characteristics of gold, the Gold Fund invests at least 80% of its net assets (plus any borrowings for investment purposes) in gold and/or securities (which may include both equity and, to a limited extent, debt instruments) directly related to gold or issuers principally engaged in the gold industry, including securities of gold mining finance companies as well as operating companies with long-, medium- or short-life mines. Up to 20% of the Fund’s assets may be invested in equity and, to a limited extent, debt instruments unrelated to gold or the gold industry. The Fund may invest up to 20% of its total assets in debt securities. Investment decisions for the Fund are made without regard to the capitalization (size) of the companies in which it invests. The Fund may invest in any size company, including large, medium and smaller companies. The Fund may also invest in fixed-income instruments (without regard to credit rating or time to maturity), short-term debt instruments, other precious metals, and futures contracts related to precious metals. The Fund “counts” relevant derivative positions towards its “80% of assets” allocation, and in doing so, values each position at the price at which it is held on the Fund’s books (generally market price).


    An investment in the Gold Fund is not intended to be a complete investment program. However, many investors believe that, historically, a limited exposure to investments in gold or gold-related instruments may provide some offset against the market impact of political and economic disruptions, as well as relieve inflationary or deflationary pressures.


    The Fund makes some investments through a special purpose trading subsidiary (the “Subsidiary”) and may invest up to 25% of its total assets in the Subsidiary. The Subsidiary is a wholly-owned and controlled subsidiary of the Fund, organized under the laws of the Cayman Islands as an exempted company. Generally, the Subsidiary will invest in commodities and related instruments (primarily gold bullion and other precious metals and related futures contracts). The Fund will invest in the Subsidiary in order to gain exposure to the commodities markets within the limitations of the federal tax laws, rules and regulations that apply to regulated investment companies. Unlike the Fund, the Subsidiary may invest without limitation in commodities and related instruments, however, the Subsidiary will comply with the same 1940 Act asset coverage requirements with respect to any investments in commodity-linked derivatives that are applicable to the Fund’s transactions in derivatives. In addition, to the extent applicable to the investment activities of the Subsidiary, the Subsidiary will be subject to the same fundamental investment restrictions and will follow the same compliance policies and procedures as the Fund. Compliance with the Fund’s investment restrictions generally will be measured on an aggregate basis in respect of the Fund’s and the Subsidiary’s portfolios. The Subsidiary will comply with the 1940 Act provisions governing affiliate transactions and custody of assets. The Fund is the sole shareholder of the Subsidiary and does not expect shares of the Subsidiary to be offered or sold to other investors.

    Principal Investment Risks

    As with any mutual fund investment, you may lose money by investing in the Gold Fund. The likelihood of loss may be greater if you invest for a shorter period of time. An investment in the Fund is not intended to be a complete investment program.


    Principal risks of investing in the Gold Fund, which could adversely affect its net asset value and total return, are:


     

     

    Market Risk — The value of the Fund’s portfolio holdings may fluctuate in response to events specific to the companies or markets in which the Fund invests, as well as economic, political, or social events in the United States or abroad.

     

     

    Gold Risk — The Fund may invest in both physical gold and the securities of companies in the gold mining sector. Prices of gold-related issues are susceptible to changes in U.S. and foreign regulatory policies, taxes, currencies, mining laws, inflation, and various other market conditions.

     

     

    Derivatives Risk — Futures contracts or other “derivatives,” including hedging strategies, present risks related to their significant price volatility and risk of default by the counterparty to the contract. To date, derivatives have been used mainly under a hedging program intended to reduce the impact of foreign exchange rate changes on the Fund’s value.

     

     

    Foreign Investment Risk — The Fund may invest in foreign investments. Foreign investments are susceptible to less politically, economically and socially stable environments, foreign currency and exchange rate changes, and adverse changes to government regulations. These risks may be more pronounced with respect to investments in emerging markets. Because of the Gold Fund’s policy of investing primarily in gold, securities directly related to gold and/or of companies engaged in the gold industry, a substantial part of the Gold Fund’s assets will generally be invested in securities of companies domiciled or operating in one or more foreign countries, including emerging markets.

     

     

    Diversification Risk — The Fund is a non-diversified mutual fund, and as a result, an investment in the Fund may expose your money to greater risks than if you invest in a diversified fund. The Fund may invest in a limited number of companies and industries, therefore gains or losses in a particular security may have a greater impact on their share price.

     

     

    Small and Medium-Size Company Risk — The Fund may invest in small and medium-size companies, the securities of which can be more volatile in price than those of larger companies. Positions in smaller companies, especially when the Fund is a large holder of a small company’s securities, also may be more difficult or expensive to trade. The Fund considers small companies to be companies with market capitalizations of less than $1 billion and medium-size companies to have market capitalizations of less than $10 billion.

     

     

    Credit and Interest Rate Risk — The value of the Fund’s portfolio may fluctuate in response to the risk that the issuer of a bond or other instrument will not be able to make payments of interest and principal when due. The Fund may invest in debt instruments that are below investment grade, commonly known as junk bonds, which are considered speculative, and carry a higher risk of default. In addition, fluctuations in interest rates can affect the value of debt instruments held by the Fund. An increase in interest rates tends to reduce the market value of debt instruments, while a decline in interest rates tends to increase their values. Longer-duration instruments tend to be more sensitive to interest rate changes than those with shorter durations.

     

     

    Currency Risk — Currency risk is the risk that foreign currencies will decline in value relative to that of the U.S. dollar and affect the Fund’s non-U.S. currencies or securities that trade in and receive revenue in non-U.S. currencies.

     

     

    Subsidiary Risk — By investing in the Subsidiary, the Fund is indirectly exposed to the risks associated with the Subsidiary’s investments. The Subsidiary is not registered under the 1940 Act and is not subject to all of the investor protections of the 1940 Act. Changes in the laws of the United States and/or the Cayman Islands could result in the inability of the Fund and/or the Subsidiary to operate as expected and could adversely affect the Fund.


    An investment in the Fund is not a bank deposit and is not insured or guaranteed by the Federal Deposit Insurance Corporation (FDIC) or any other government agency.


    For more information on the risks of investing in the Gold Fund, please see the More Information about the Funds’ Investments section.

    Investment Results

    The following information provides an indication of the risks of investing in the Gold Fund by showing changes in the Fund’s performance from year to year, and by showing how the Fund’s average annual returns for 1, 5 and 10 years compare with those of a broad measure of market performance. As with all mutual funds, past performance is not an indication of future performance (before or after taxes).


    After-tax returns are calculated using the highest individual federal income tax rate for each year, and do not reflect the effect of state and local taxes. Actual after-tax returns depend on your individual tax situation. After-tax returns are not relevant to investors in tax-deferred accounts, such as 401(k) plans or individual retirement accounts.


    Updated performance information is available at www.feim.com/individual-investors/fund/gold-fund or by calling 800.334.2143.


    The following bar chart assumes reinvestment of dividends and distributions and does not reflect any sales charges. If sales charges were included, the returns would be lower.

    Calendar Year Total Returns—Class A
    Bar Chart

     

     

     

     

     

     

     

     

     

    Best Quarter*

     

     

     

    Worst Quarter*

    First Quarter 2016

     

    32.55%

     

     

     

    Second Quarter 2013

     

    -32.24%

     

     

     

     

     


     

    *

     

    For the period presented in the bar chart above.

    Average Annual Total Returns as of December 31, 2018

    The bar chart above and table below disclose returns only for Class A shares (which are not offered by this prospectus).


    While no information is shown for the Class T shares (because they have no or partial performance as of December 31, 2018), annual returns for Class T shares would have been substantially similar to those shown here. Class T shares are invested in the same portfolio of securities and the annual returns would differ only to the extent that Class T shares do not have the same expenses.

    Average Annual Returns - Class T Prospectus - First Eagle Gold Fund
    1 Year
    5 Years
    10 Years
    Class A (20.10%) (1.40%) (2.45%)
    After Taxes on Distributions | Class A (20.10%) (1.40%) (2.68%)
    After Taxes on Distributions and Sale of Fund Shares | Class A (11.90%) (1.06%) (1.57%)
    MSCI World Index (8.71%) 4.56% 9.67%
    FTSE Gold Mines Index (11.31%) 0.58% (5.41%)
    XML 43 R89.htm IDEA: XBRL DOCUMENT v3.19.1
    Label Element Value
    Class T Prospectus | First Eagle Gold Fund  
    Risk/Return: rr_RiskReturnAbstract  
    Risk/Return [Heading] rr_RiskReturnHeading First Eagle Gold Fund
    Objective [Heading] rr_ObjectiveHeading Investment Objective
    Objective, Primary [Text Block] rr_ObjectivePrimaryTextBlock

    First Eagle Gold Fund (“Gold Fund”) seeks to provide investors the opportunity to participate in the investment characteristics of gold (and to a limited extent other precious metals) for a portion of their overall investment portfolio.

    Expense [Heading] rr_ExpenseHeading Fees and Expenses of the Gold Fund
    Expense Narrative [Text Block] rr_ExpenseNarrativeTextBlock

    The following information describes the fees and expenses you may pay if you buy and hold shares of the Gold Fund.


    You may qualify for sales charge discounts if you invest at least $250,000 in the Gold Fund. Information about these discounts is available from your financial professional and in the How to Purchase Shares and Public Offering Price of Class T Shares sections on pages 69 and 74, respectively, and in the appendix to this Prospectus titled Intermediary-Specific Front-End Sales Load and Waiver Terms.

    Shareholder Fees Caption [Text] rr_ShareholderFeesCaption Shareholder Fees (fees paid directly from your investment)
    Operating Expenses Caption [Text] rr_OperatingExpensesCaption Annual Fund Operating Expenses (expenses you pay each year as a percentage of the value of your investment)
    Portfolio Turnover [Heading] rr_PortfolioTurnoverHeading Portfolio Turnover Rate
    Portfolio Turnover [Text Block] rr_PortfolioTurnoverTextBlock

    The Gold Fund pays transaction costs, such as commissions, when it buys and sells securities (or “turns over” its portfolio). A higher portfolio turnover rate may indicate higher transaction costs and may result in higher taxes when Fund shares are held in a taxable account. These costs, which are not reflected in annual Fund operating expenses or in the example, affect the Fund’s performance. During the most recent fiscal year, the Fund’s portfolio turnover rate was 9.43% of the average value of its portfolio.

    Portfolio Turnover, Rate rr_PortfolioTurnoverRate 9.43%
    Expense Breakpoint Discounts [Text] rr_ExpenseBreakpointDiscounts You may qualify for sales charge discounts if you invest at least $250,000 in the Gold Fund. I
    Expense Breakpoint, Minimum Investment Required [Amount] rr_ExpenseBreakpointMinimumInvestmentRequiredAmount $ 250,000
    Other Expenses, New Fund, Based on Estimates [Text] rr_OtherExpensesNewFundBasedOnEstimates “Other Expenses” shown generally reflect actual expenses for the Fund for the fiscal year ended October 31, 2018 and estimated expenses in the case of newly organized share classes.
    Expense Example [Heading] rr_ExpenseExampleHeading Example
    Expense Example Narrative [Text Block] rr_ExpenseExampleNarrativeTextBlock

    The following example is intended to help you compare the cost of investing in the Gold Fund with the cost of investing in other mutual funds. This hypothetical example assumes you invest $10,000 in the Fund for the time periods indicated and then either redeem or do not redeem all shares at the end of those periods. The example also assumes the average annual return is 5% and operating expenses remain the same. Please keep in mind your actual costs may be higher or lower.

    Expense Example by, Year, Caption [Text] rr_ExpenseExampleByYearCaption Sold
    Expense Example, No Redemption, By Year, Caption [Text] rr_ExpenseExampleNoRedemptionByYearCaption Held
    Strategy [Heading] rr_StrategyHeading Principal Investment Strategies
    Strategy Narrative [Text Block] rr_StrategyNarrativeTextBlock

    To achieve its objective of providing investors the opportunity to participate in the investment characteristics of gold, the Gold Fund invests at least 80% of its net assets (plus any borrowings for investment purposes) in gold and/or securities (which may include both equity and, to a limited extent, debt instruments) directly related to gold or issuers principally engaged in the gold industry, including securities of gold mining finance companies as well as operating companies with long-, medium- or short-life mines. Up to 20% of the Fund’s assets may be invested in equity and, to a limited extent, debt instruments unrelated to gold or the gold industry. The Fund may invest up to 20% of its total assets in debt securities. Investment decisions for the Fund are made without regard to the capitalization (size) of the companies in which it invests. The Fund may invest in any size company, including large, medium and smaller companies. The Fund may also invest in fixed-income instruments (without regard to credit rating or time to maturity), short-term debt instruments, other precious metals, and futures contracts related to precious metals. The Fund “counts” relevant derivative positions towards its “80% of assets” allocation, and in doing so, values each position at the price at which it is held on the Fund’s books (generally market price).


    An investment in the Gold Fund is not intended to be a complete investment program. However, many investors believe that, historically, a limited exposure to investments in gold or gold-related instruments may provide some offset against the market impact of political and economic disruptions, as well as relieve inflationary or deflationary pressures.


    The Fund makes some investments through a special purpose trading subsidiary (the “Subsidiary”) and may invest up to 25% of its total assets in the Subsidiary. The Subsidiary is a wholly-owned and controlled subsidiary of the Fund, organized under the laws of the Cayman Islands as an exempted company. Generally, the Subsidiary will invest in commodities and related instruments (primarily gold bullion and other precious metals and related futures contracts). The Fund will invest in the Subsidiary in order to gain exposure to the commodities markets within the limitations of the federal tax laws, rules and regulations that apply to regulated investment companies. Unlike the Fund, the Subsidiary may invest without limitation in commodities and related instruments, however, the Subsidiary will comply with the same 1940 Act asset coverage requirements with respect to any investments in commodity-linked derivatives that are applicable to the Fund’s transactions in derivatives. In addition, to the extent applicable to the investment activities of the Subsidiary, the Subsidiary will be subject to the same fundamental investment restrictions and will follow the same compliance policies and procedures as the Fund. Compliance with the Fund’s investment restrictions generally will be measured on an aggregate basis in respect of the Fund’s and the Subsidiary’s portfolios. The Subsidiary will comply with the 1940 Act provisions governing affiliate transactions and custody of assets. The Fund is the sole shareholder of the Subsidiary and does not expect shares of the Subsidiary to be offered or sold to other investors.

    Risk [Heading] rr_RiskHeading Principal Investment Risks
    Risk Narrative [Text Block] rr_RiskNarrativeTextBlock

    As with any mutual fund investment, you may lose money by investing in the Gold Fund. The likelihood of loss may be greater if you invest for a shorter period of time. An investment in the Fund is not intended to be a complete investment program.


    Principal risks of investing in the Gold Fund, which could adversely affect its net asset value and total return, are:


     

     

    Market Risk — The value of the Fund’s portfolio holdings may fluctuate in response to events specific to the companies or markets in which the Fund invests, as well as economic, political, or social events in the United States or abroad.

     

     

    Gold Risk — The Fund may invest in both physical gold and the securities of companies in the gold mining sector. Prices of gold-related issues are susceptible to changes in U.S. and foreign regulatory policies, taxes, currencies, mining laws, inflation, and various other market conditions.

     

     

    Derivatives Risk — Futures contracts or other “derivatives,” including hedging strategies, present risks related to their significant price volatility and risk of default by the counterparty to the contract. To date, derivatives have been used mainly under a hedging program intended to reduce the impact of foreign exchange rate changes on the Fund’s value.

     

     

    Foreign Investment Risk — The Fund may invest in foreign investments. Foreign investments are susceptible to less politically, economically and socially stable environments, foreign currency and exchange rate changes, and adverse changes to government regulations. These risks may be more pronounced with respect to investments in emerging markets. Because of the Gold Fund’s policy of investing primarily in gold, securities directly related to gold and/or of companies engaged in the gold industry, a substantial part of the Gold Fund’s assets will generally be invested in securities of companies domiciled or operating in one or more foreign countries, including emerging markets.

     

     

    Diversification Risk — The Fund is a non-diversified mutual fund, and as a result, an investment in the Fund may expose your money to greater risks than if you invest in a diversified fund. The Fund may invest in a limited number of companies and industries, therefore gains or losses in a particular security may have a greater impact on their share price.

     

     

    Small and Medium-Size Company Risk — The Fund may invest in small and medium-size companies, the securities of which can be more volatile in price than those of larger companies. Positions in smaller companies, especially when the Fund is a large holder of a small company’s securities, also may be more difficult or expensive to trade. The Fund considers small companies to be companies with market capitalizations of less than $1 billion and medium-size companies to have market capitalizations of less than $10 billion.

     

     

    Credit and Interest Rate Risk — The value of the Fund’s portfolio may fluctuate in response to the risk that the issuer of a bond or other instrument will not be able to make payments of interest and principal when due. The Fund may invest in debt instruments that are below investment grade, commonly known as junk bonds, which are considered speculative, and carry a higher risk of default. In addition, fluctuations in interest rates can affect the value of debt instruments held by the Fund. An increase in interest rates tends to reduce the market value of debt instruments, while a decline in interest rates tends to increase their values. Longer-duration instruments tend to be more sensitive to interest rate changes than those with shorter durations.

     

     

    Currency Risk — Currency risk is the risk that foreign currencies will decline in value relative to that of the U.S. dollar and affect the Fund’s non-U.S. currencies or securities that trade in and receive revenue in non-U.S. currencies.

     

     

    Subsidiary Risk — By investing in the Subsidiary, the Fund is indirectly exposed to the risks associated with the Subsidiary’s investments. The Subsidiary is not registered under the 1940 Act and is not subject to all of the investor protections of the 1940 Act. Changes in the laws of the United States and/or the Cayman Islands could result in the inability of the Fund and/or the Subsidiary to operate as expected and could adversely affect the Fund.


    An investment in the Fund is not a bank deposit and is not insured or guaranteed by the Federal Deposit Insurance Corporation (FDIC) or any other government agency.


    For more information on the risks of investing in the Gold Fund, please see the More Information about the Funds’ Investments section.

    Risk Lose Money [Text] rr_RiskLoseMoney As with any mutual fund investment, you may lose money by investing in the Gold Fund.
    Risk Nondiversified Status [Text] rr_RiskNondiversifiedStatus The Fund is a non-diversified mutual fund, and as a result, an investment in the Fund may expose your money to greater risks than if you invest in a diversified fund. The Fund may invest in a limited number of companies and industries, therefore gains or losses in a particular security may have a greater impact on their share price.
    Risk Not Insured Depository Institution [Text] rr_RiskNotInsuredDepositoryInstitution An investment in the Fund is not a bank deposit and is not insured or guaranteed by the Federal Deposit Insurance Corporation (FDIC) or any other government agency.
    Bar Chart and Performance Table [Heading] rr_BarChartAndPerformanceTableHeading Investment Results
    Performance Narrative [Text Block] rr_PerformanceNarrativeTextBlock

    The following information provides an indication of the risks of investing in the Gold Fund by showing changes in the Fund’s performance from year to year, and by showing how the Fund’s average annual returns for 1, 5 and 10 years compare with those of a broad measure of market performance. As with all mutual funds, past performance is not an indication of future performance (before or after taxes).


    After-tax returns are calculated using the highest individual federal income tax rate for each year, and do not reflect the effect of state and local taxes. Actual after-tax returns depend on your individual tax situation. After-tax returns are not relevant to investors in tax-deferred accounts, such as 401(k) plans or individual retirement accounts.


    Updated performance information is available at www.feim.com/individual-investors/fund/gold-fund or by calling 800.334.2143.


    The following bar chart assumes reinvestment of dividends and distributions and does not reflect any sales charges. If sales charges were included, the returns would be lower.

    Performance Information Illustrates Variability of Returns [Text] rr_PerformanceInformationIllustratesVariabilityOfReturns The following information provides an indication of the risks of investing in the Gold Fund by showing changes in the Fund’s performance from year to year, and by showing how the Fund’s average annual returns for 1, 5 and 10 years compare with those of a broad measure of market performance.
    Performance One Year or Less [Text] rr_PerformanceOneYearOrLess While no information is shown for the Class T shares (because they have no or partial performance as of December 31, 2018), annual returns for Class T shares would have been substantially similar to those shown here.
    Performance Availability Phone [Text] rr_PerformanceAvailabilityPhone 800.334.2143
    Performance Availability Website Address [Text] rr_PerformanceAvailabilityWebSiteAddress www.feim.com/individual-investors/fund/gold-fund
    Performance Past Does Not Indicate Future [Text] rr_PerformancePastDoesNotIndicateFuture As with all mutual funds, past performance is not an indication of future performance (before or after taxes).
    Bar Chart [Heading] rr_BarChartHeading Calendar Year Total Returns—Class A
    Bar Chart Does Not Reflect Sales Loads [Text] rr_BarChartDoesNotReflectSalesLoads The following bar chart assumes reinvestment of dividends and distributions and does not reflect any sales charges. If sales charges were included, the returns would be lower.
    Bar Chart Closing [Text Block] rr_BarChartClosingTextBlock

     

     

     

     

     

     

     

     

     

    Best Quarter*

     

     

     

    Worst Quarter*

    First Quarter 2016

     

    32.55%

     

     

     

    Second Quarter 2013

     

    -32.24%

     

     

     

     

     


     

    *

     

    For the period presented in the bar chart above.

    Bar Chart, Returns for Class Not Offered in Prospectus [Text] rr_BarChartReturnsForClassNotOfferedInProspectus The bar chart above and table below disclose returns only for Class A shares (which are not offered by this prospectus).
    Highest Quarterly Return, Label rr_HighestQuarterlyReturnLabel Best Quarter
    Highest Quarterly Return, Date rr_BarChartHighestQuarterlyReturnDate Mar. 31, 2016
    Highest Quarterly Return rr_BarChartHighestQuarterlyReturn 32.55%
    Lowest Quarterly Return, Label rr_LowestQuarterlyReturnLabel Worst Quarter
    Lowest Quarterly Return, Date rr_BarChartLowestQuarterlyReturnDate Jun. 30, 2013
    Lowest Quarterly Return rr_BarChartLowestQuarterlyReturn (32.24%)
    Performance Table Uses Highest Federal Rate rr_PerformanceTableUsesHighestFederalRate After-tax returns are calculated using the highest individual federal income tax rate for each year, and do not reflect the effect of state and local taxes.
    Performance Table Not Relevant to Tax Deferred rr_PerformanceTableNotRelevantToTaxDeferred After-tax returns are not relevant to investors in tax-deferred accounts, such as 401(k) plans or individual retirement accounts.
    Performance Table Narrative rr_PerformanceTableNarrativeTextBlock

    The bar chart above and table below disclose returns only for Class A shares (which are not offered by this prospectus).


    While no information is shown for the Class T shares (because they have no or partial performance as of December 31, 2018), annual returns for Class T shares would have been substantially similar to those shown here. Class T shares are invested in the same portfolio of securities and the annual returns would differ only to the extent that Class T shares do not have the same expenses.

    Average Annual Return, Caption rr_AverageAnnualReturnCaption Average Annual Total Returns as of December 31, 2018
    Class T Prospectus | First Eagle Gold Fund | MSCI World Index  
    Risk/Return: rr_RiskReturnAbstract  
    1 Year rr_AverageAnnualReturnYear01 (8.71%)
    5 Years rr_AverageAnnualReturnYear05 4.56%
    10 Years rr_AverageAnnualReturnYear10 9.67%
    Class T Prospectus | First Eagle Gold Fund | FTSE Gold Mines Index  
    Risk/Return: rr_RiskReturnAbstract  
    1 Year rr_AverageAnnualReturnYear01 (11.31%)
    5 Years rr_AverageAnnualReturnYear05 0.58%
    10 Years rr_AverageAnnualReturnYear10 (5.41%)
    Class T Prospectus | First Eagle Gold Fund | Class T  
    Risk/Return: rr_RiskReturnAbstract  
    Maximum Sales Charge (Load) on Purchases (as a percentage of public offering price) rr_MaximumSalesChargeImposedOnPurchasesOverOfferingPrice 2.50%
    Maximum Deferred Sales Charge (Load) (as a percentage of the lesser of your purchase or redemption price) rr_MaximumDeferredSalesChargeOverOfferingPrice none
    Redemption Fee (as a percentage of Amount Redeemed) rr_RedemptionFeeOverRedemption (2.00%)
    Management Fees rr_ManagementFeesOverAssets 0.75%
    Distribution and/or Service (12b-1) Fees rr_DistributionAndService12b1FeesOverAssets 0.25%
    Other Expenses rr_OtherExpensesOverAssets 0.29% [1]
    Total Annual Operating Expenses (%) rr_ExpensesOverAssets 1.29%
    Expense Example, with Redemption, 1 Year rr_ExpenseExampleYear01 $ 378
    Expense Example, with Redemption, 3 Years rr_ExpenseExampleYear03 649
    Expense Example, with Redemption, 5 Years rr_ExpenseExampleYear05 940
    Expense Example, with Redemption, 10 Years rr_ExpenseExampleYear10 1,768
    Expense Example, No Redemption, 1 Year rr_ExpenseExampleNoRedemptionYear01 378
    Expense Example, No Redemption, 3 Years rr_ExpenseExampleNoRedemptionYear03 649
    Expense Example, No Redemption, 5 Years rr_ExpenseExampleNoRedemptionYear05 940
    Expense Example, No Redemption, 10 Years rr_ExpenseExampleNoRedemptionYear10 $ 1,768
    Class T Prospectus | First Eagle Gold Fund | Class A  
    Risk/Return: rr_RiskReturnAbstract  
    Annual Return 2009 rr_AnnualReturn2009 39.18%
    Annual Return 2010 rr_AnnualReturn2010 34.64%
    Annual Return 2011 rr_AnnualReturn2011 (11.13%)
    Annual Return 2012 rr_AnnualReturn2012 (5.15%)
    Annual Return 2013 rr_AnnualReturn2013 (46.99%)
    Annual Return 2014 rr_AnnualReturn2014 (2.41%)
    Annual Return 2015 rr_AnnualReturn2015 (19.28%)
    Annual Return 2016 rr_AnnualReturn2016 36.92%
    Annual Return 2017 rr_AnnualReturn2017 8.12%
    Annual Return 2018 rr_AnnualReturn2018 (15.90%)
    1 Year rr_AverageAnnualReturnYear01 (20.10%)
    5 Years rr_AverageAnnualReturnYear05 (1.40%)
    10 Years rr_AverageAnnualReturnYear10 (2.45%)
    Class T Prospectus | First Eagle Gold Fund | Class A | After Taxes on Distributions  
    Risk/Return: rr_RiskReturnAbstract  
    1 Year rr_AverageAnnualReturnYear01 (20.10%)
    5 Years rr_AverageAnnualReturnYear05 (1.40%)
    10 Years rr_AverageAnnualReturnYear10 (2.68%)
    Class T Prospectus | First Eagle Gold Fund | Class A | After Taxes on Distributions and Sale of Fund Shares  
    Risk/Return: rr_RiskReturnAbstract  
    1 Year rr_AverageAnnualReturnYear01 (11.90%)
    5 Years rr_AverageAnnualReturnYear05 (1.06%)
    10 Years rr_AverageAnnualReturnYear10 (1.57%)
    [1] "Other Expenses" shown generally reflect actual expenses for the Fund for the fiscal year ended October 31, 2018 and estimated expenses in the case of newly organized share classes.
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    Class T Prospectus | First Eagle Global Income Builder Fund
    First Eagle Global Income Builder Fund
    Investment Objective

    First Eagle Global Income Builder Fund (“Global Income Builder Fund”) seeks current income generation and long-term growth of capital.

    Fees and Expenses of the Global Income Builder Fund

    The following information describes the fees and expenses you may pay if you buy and hold shares of the Global Income Builder Fund.


    You may qualify for sales charge discounts if you invest at least $250,000 in the Global Income Builder Fund. Information about these discounts is available from your financial professional and in the How to Purchase Shares and Public Offering Price of Class T Shares sections on pages 69 and 74, respectively, and in the appendix to this Prospectus titled Intermediary-Specific Front-End Sales Load and Waiver Terms.

    Shareholder Fees (fees paid directly from your investment)
    Shareholder Fees
    Class T Prospectus
    First Eagle Global Income Builder Fund
    Class T
    Maximum Sales Charge (Load) on Purchases (as a percentage of public offering price) 2.50%
    Maximum Deferred Sales Charge (Load) (as a percentage of the lesser of your purchase or redemption price) none
    Annual Fund Operating Expenses (expenses you pay each year as a percentage of the value of your investment)
    Annual Fund Operating Expenses
    Class T Prospectus
    First Eagle Global Income Builder Fund
    Class T
    Management Fees 0.75%
    Distribution and/or Service (12b-1) Fees 0.25%
    Other Expenses 0.18% [1]
    Total Annual Fund Operating Expenses (%) 1.18%
    [1] "Other Expenses" shown generally reflect actual expenses for the Fund for the fiscal year ended October 31, 2018 and estimated expenses in the case of newly organized share classes.
    Example

    The following example is intended to help you compare the cost of investing in the Global Income Builder Fund with the cost of investing in other mutual funds. This hypothetical example assumes you invest $10,000 in the Fund for the time periods indicated and then either redeem or do not redeem all shares at the end of those periods. The example also assumes the average annual return is 5% and operating expenses remain the same. Please keep in mind your actual costs may be higher or lower.

    Sold
    Expense Example
    1 Year
    3 Years
    5 Years
    10 Years
    Class T Prospectus | First Eagle Global Income Builder Fund | Class T | USD ($) 367 615 883 1,646
    Held
    Expense Example No Redemption
    1 Year
    3 Years
    5 Years
    10 Years
    Class T Prospectus | First Eagle Global Income Builder Fund | Class T | USD ($) 367 615 883 1,646
    Portfolio Turnover Rate

    There are transaction costs due to the bid/ask spread in the case of bonds or commissions in the case of stocks. The Global Income Builder Fund pays transaction costs when the Fund buys and sells securities (or “turns over” its portfolio). A higher portfolio turnover rate may indicate higher transaction costs and may result in higher taxes when Fund shares are held in a taxable account. These costs, which are not reflected in annual fund operating expenses or in the Example, affect the Fund’s performance. During the Fund’s most recent fiscal year, the Fund’s portfolio turnover rate was 22.15% of the average value of its portfolio.

    Principal Investment Strategies

    To achieve its objective of current income generation and long-term growth of capital, the Global Income Builder Fund will normally invest primarily in common stocks of U.S. and foreign companies that offer attractive dividend yields as well as a range of fixed income instruments, including high-yield, below investment grade instruments (commonly referred to as “junk bonds”), investment grade instruments and sovereign debt, from markets in the United States and multiple countries around the world.


    Investment decisions for the Global Income Builder Fund are made without regard to the capitalization (size) of the companies in which it invests. The Fund may invest in any size company, including large, medium and smaller companies. Under normal circumstances, the Fund anticipates it will allocate a substantial amount of its assets to income-producing securities. That generally means that approximately 80% or more of the Fund’s net assets (plus any borrowings for investment purposes) will be allocated to such investments, which may include dividend paying equities, both high-yield (below investment grade) and investment grade debt, sovereign bonds, and various short-term debt instruments. The Fund may invest in securities with any maturity or investment rating, as well as unrated securities. The Fund may also invest (typically for hedging purposes) in derivative instruments such as options, futures contracts and options on futures contracts, credit default swaps, and swaps and options on indices.


    Additionally, under normal circumstances, the Fund anticipates it will allocate a substantial amount of its assets to foreign investments. That generally means that approximately 40% or more of the Fund’s net assets (plus any borrowings for investment purposes) will be allocated to foreign investments (unless market conditions are not deemed favorable by the Fund, in which case the Fund expects to invest at least 30% of its net assets (plus any borrowings for investment purposes) in foreign investments). For purposes of these 80%, 40% and 30% of assets allocations, the Fund “counts” relevant derivative positions on investments, and in doing so, values each position at the price at which it is held on the Fund’s books (generally market price).


    The investment philosophy and strategy of the Global Income Builder Fund can be broadly characterized as a “value” approach, as it seeks a “margin of safety” in each investment purchase with the goal being to avoid permanent impairment of capital (as opposed to temporary losses in share value relating to shifting investor sentiment or other normal share price volatility). With respect to equity investments in particular, a discount to “intrinsic value” is sought even for what appear to be the best of businesses, with a deeper discount demanded for companies that we view as under business model, balance sheet, management or other stresses. “Intrinsic value” is based on our judgment of what a prudent and rational business buyer would pay in cash for all of the company in normal markets. Investments in debt instruments are made after careful scrutiny of the underlying creditworthiness of the issuer, taking into account such factors as cash flow generation, liquidation value and structural protections. The Global Income Builder Fund seeks to own debt instruments that offer an attractive “margin of safety” on principal repayment relative to the total expected return of the security.

    Principal Investment Risks

    As with any mutual fund investment, you may lose money by investing in the Global Income Builder Fund. The likelihood of loss may be greater if you invest for a shorter period of time. An investment in the Fund is not intended to be a complete investment program.


    Principal risks of investing in the Global Income Builder Fund, which could adversely affect its net asset value and total return, are:


     

     

    Market Risk — The value of the Fund’s portfolio holdings may fluctuate in response to events specific to the companies or markets in which the Fund invests, as well as economic, political, or social events in the United States or abroad.

     

     

    Foreign Investment Risk — The Fund will invest in foreign investments. Foreign investments can be susceptible to less politically, economically and socially stable environments, foreign currency and exchange rate changes, and adverse changes to government regulations.

     

     

    Credit and Interest Rate Risk — The value of the Fund’s portfolio may fluctuate in response to the risk that the issuer of a bond or other instrument will not be able to make payments of interest and principal when due. In addition, fluctuations in interest rates can affect the value of debt instruments held by the Fund. An increase in interest rates tends to reduce the market value of debt instruments, while a decline in interest rates tends to increase their values. Longer-duration instruments tend to be more sensitive to interest rate changes than those with shorter durations.

     

     

    Prepayment Risk — Certain instruments, especially mortgage-backed securities, for example, are susceptible to the risk of prepayment by borrowers. During a period of declining interest rates, homeowners may refinance their high-rate mortgages and prepay the principal. Cash from these prepayments flows through to prepay the mortgage-backed securities, necessitating reinvestment in other assets, which may lower returns. Asset-backed securities, which are subject to risks similar to those of mortgage-backed securities, are also structured like mortgage-backed securities, but instead of mortgage loans or interests in mortgage loans, the underlying assets may include such items as motor vehicle installment sales or installment loan contracts, leases of various types of real and personal property and receivables from credit card agreements. The market for mortgage-backed and asset-backed instruments may be volatile and limited, which may make them difficult to buy or sell.

     

     

    Changes in Debt Ratings Risk — If a rating agency gives a debt instrument a lower rating, the value of the instrument may decline because investors may demand a higher rate of return.

     

     

    Defaulted Securities Risk — The Fund may invest in securities of companies that are experiencing significant financial or business difficulties, including companies involved in bankruptcy or other reorganization and liquidation proceedings. Such investments involve a substantial degree of risk. In any reorganization or liquidation proceeding relating to a company in which the Fund invests, the Fund may lose its entire investment, may be required to accept cash or securities with a value less than the Fund’s original investment, and/or may be required to accept payment over an extended period of time.

     

     

    Convertible Security Risk — Convertible securities generally offer lower interest or dividend yields than non-convertible securities of similar quality. Convertible securities may gain or lose value due to changes in the issuer’s operating results, financial condition and credit rating and changes in interest rates and other general economic, industry and market conditions.

     

     

    High Yield Risk — The Fund intends to invest in high yield instruments (commonly known as “junk bonds”) which may be subject to greater levels of interest rate, credit (including issuer default) and liquidity risk than investment grade instruments and may experience extreme price fluctuations. The securities of such companies may be considered speculative and the ability of such companies to pay their debts on schedule may be uncertain.

     

     

    Gold Risk — The Fund may invest in both physical gold and the securities of companies in the gold mining sector. Prices of gold-related issues are susceptible to changes in U.S. and foreign regulatory policies, taxes, currencies, mining laws, inflation, and various other market conditions.

     

     

    Derivatives Risk — Futures contracts or other “derivatives,” including hedging strategies, present risks related to their significant price volatility and risk of default by the counterparty to the contract. To date, derivatives have been used mainly under a hedging program that seeks to reduce the impact of foreign exchange rate changes on the Fund’s value. The Fund may at times also purchase derivatives linked to relevant market indices as either a hedge or for investment purposes.

     

     

    Currency Risk — Currency risk is the risk that foreign currencies will decline in value relative to that of the U.S. dollar and affect the Fund’s non-U.S. currencies or securities that trade in and receive revenue in non-U.S. currencies.

     

     

    Small and Medium-Size Company Risk — The Fund may invest in small and medium-size companies, the securities of which can be more volatile in price than those of larger companies. Positions in smaller companies, especially when the Fund is a large holder of a small company’s securities, also may be more difficult or expensive to trade. The Fund considers small companies to be companies with market capitalizations of less than $1 billion and medium-size companies to have market capitalizations of less than $10 billion.


     

     

    Bank Loan Risk — The Fund may invest in bank loans. These investments potentially expose the Fund to the credit risk of the underlying borrower, and in certain cases, of the financial institution. The Fund’s ability to receive payments in connection with the loan depends primarily on the financial condition of the borrower. The market for bank loans may be illiquid and the Fund may have difficulty selling them, especially in the case of leveraged loans, which can be difficult to value. In addition, bank loans often have contractual restrictions on resale, which can delay the sale and adversely impact the sale price. At times, the Fund may decline to receive non-public information relating to loans, which could disadvantage the Fund relative to other investors.

     

     

    Real Estate Industry Risk — The Fund may invest in real estate investment trusts (“REITs”), which are subject to risks affecting the real estate industry generally (including market conditions, competition, property obsolescence, changes in interest rates and casualty to real estate), as well as risks specifically affecting REITs (the quality and skill of REIT management and the internal expenses of the REIT).


    An investment in the Fund is not a bank deposit and is not insured or guaranteed by the Federal Deposit Insurance Corporation (FDIC) or any other government agency.


    For more information on the risks of investing in the Global Income Builder Fund, please see the More Information about the Funds’ Investments section.

    Investment Results

    The following information provides an indication of the risks of investing in the Global Income Builder Fund by showing changes in the Fund’s performance from year to year, and by showing how the Fund’s average annual returns for the periods shown compare with those of a broad measure of market performance. As with all mutual funds, past performance is not an indication of future performance (before or after taxes).


    After-tax returns are calculated using the highest individual federal income tax rate for each year, and do not reflect the effect of state and local taxes. Actual after-tax returns depend on your individual tax situation. After-tax returns are not relevant to investors in tax-deferred accounts, such as 401(k) plans or individual retirement accounts.


    Updated performance information is available at www.feim.com/individual-investors/fund/global-income-builder-fund or by calling 800.334.2143.


    The following bar chart assumes reinvestment of dividends and distributions and does not reflect any sales charges. If sales charges were included, the returns would be lower.

    Calendar Year Total Returns Class A
    Bar Chart

     

     

     

     

     

     

     

     

     

    Best Quarter*

     

     

     

    Worst Quarter*

    Third Quarter 2013

     

    5.09%

     

     

     

    Fourth Quarter 2018

     

    -6.48%

     

     

     

     

     


     

    *

     

    For the period presented in the bar chart above.

    Average Annual Total Returns as of December 31, 2018

    The bar chart above and table below disclose returns only for Class A shares (which are not offered by this prospectus).


    While no information is shown for the Class T shares (because they have no or partial performance as of December 31, 2018), annual returns for Class T shares would have been substantially similar to those shown here. Class T shares are invested in the same portfolio of securities and the annual returns would differ only to the extent that Class T shares do not have the same expenses.

    Average Annual Returns - Class T Prospectus - First Eagle Global Income Builder Fund
    1 Year
    5 Years
    Since Inception
    Inception Date
    Class A (11.18%) 1.80% 4.03% May 01, 2012
    After Taxes on Distributions | Class A (11.61%) 0.78% 2.99%  
    After Taxes on Distributions and Sale of Fund Shares | Class A (6.41%) 1.08% 2.81%  
    60% MSCI World Index/40% Bloomberg Barclays U.S. Aggregate Bond Index (5.07%) 3.90% 5.67% May 01, 2012
    MSCI World Index (8.71%) 4.56% 7.86% May 01, 2012
    Bloomberg Barclays U.S. Aggregate Bond Index 0.01% 2.52% 2.00% May 01, 2012
    XML 46 R97.htm IDEA: XBRL DOCUMENT v3.19.1
    Label Element Value
    Class T Prospectus | First Eagle Global Income Builder Fund  
    Risk/Return: rr_RiskReturnAbstract  
    Risk/Return [Heading] rr_RiskReturnHeading First Eagle Global Income Builder Fund
    Objective [Heading] rr_ObjectiveHeading Investment Objective
    Objective, Primary [Text Block] rr_ObjectivePrimaryTextBlock

    First Eagle Global Income Builder Fund (“Global Income Builder Fund”) seeks current income generation and long-term growth of capital.

    Expense [Heading] rr_ExpenseHeading Fees and Expenses of the Global Income Builder Fund
    Expense Narrative [Text Block] rr_ExpenseNarrativeTextBlock

    The following information describes the fees and expenses you may pay if you buy and hold shares of the Global Income Builder Fund.


    You may qualify for sales charge discounts if you invest at least $250,000 in the Global Income Builder Fund. Information about these discounts is available from your financial professional and in the How to Purchase Shares and Public Offering Price of Class T Shares sections on pages 69 and 74, respectively, and in the appendix to this Prospectus titled Intermediary-Specific Front-End Sales Load and Waiver Terms.

    Shareholder Fees Caption [Text] rr_ShareholderFeesCaption Shareholder Fees (fees paid directly from your investment)
    Operating Expenses Caption [Text] rr_OperatingExpensesCaption Annual Fund Operating Expenses (expenses you pay each year as a percentage of the value of your investment)
    Portfolio Turnover [Heading] rr_PortfolioTurnoverHeading Portfolio Turnover Rate
    Portfolio Turnover [Text Block] rr_PortfolioTurnoverTextBlock

    There are transaction costs due to the bid/ask spread in the case of bonds or commissions in the case of stocks. The Global Income Builder Fund pays transaction costs when the Fund buys and sells securities (or “turns over” its portfolio). A higher portfolio turnover rate may indicate higher transaction costs and may result in higher taxes when Fund shares are held in a taxable account. These costs, which are not reflected in annual fund operating expenses or in the Example, affect the Fund’s performance. During the Fund’s most recent fiscal year, the Fund’s portfolio turnover rate was 22.15% of the average value of its portfolio.

    Portfolio Turnover, Rate rr_PortfolioTurnoverRate 22.15%
    Expense Breakpoint Discounts [Text] rr_ExpenseBreakpointDiscounts You may qualify for sales charge discounts if you invest at least $250,000 in the Global Income Builder Fund.
    Expense Breakpoint, Minimum Investment Required [Amount] rr_ExpenseBreakpointMinimumInvestmentRequiredAmount $ 250,000
    Other Expenses, New Fund, Based on Estimates [Text] rr_OtherExpensesNewFundBasedOnEstimates “Other Expenses” shown generally reflect actual expenses for the Fund for the fiscal year ended October 31, 2018 and estimated expenses in the case of newly organized share classes.
    Expense Example [Heading] rr_ExpenseExampleHeading Example
    Expense Example Narrative [Text Block] rr_ExpenseExampleNarrativeTextBlock

    The following example is intended to help you compare the cost of investing in the Global Income Builder Fund with the cost of investing in other mutual funds. This hypothetical example assumes you invest $10,000 in the Fund for the time periods indicated and then either redeem or do not redeem all shares at the end of those periods. The example also assumes the average annual return is 5% and operating expenses remain the same. Please keep in mind your actual costs may be higher or lower.

    Expense Example by, Year, Caption [Text] rr_ExpenseExampleByYearCaption Sold
    Expense Example, No Redemption, By Year, Caption [Text] rr_ExpenseExampleNoRedemptionByYearCaption Held
    Strategy [Heading] rr_StrategyHeading Principal Investment Strategies
    Strategy Narrative [Text Block] rr_StrategyNarrativeTextBlock

    To achieve its objective of current income generation and long-term growth of capital, the Global Income Builder Fund will normally invest primarily in common stocks of U.S. and foreign companies that offer attractive dividend yields as well as a range of fixed income instruments, including high-yield, below investment grade instruments (commonly referred to as “junk bonds”), investment grade instruments and sovereign debt, from markets in the United States and multiple countries around the world.


    Investment decisions for the Global Income Builder Fund are made without regard to the capitalization (size) of the companies in which it invests. The Fund may invest in any size company, including large, medium and smaller companies. Under normal circumstances, the Fund anticipates it will allocate a substantial amount of its assets to income-producing securities. That generally means that approximately 80% or more of the Fund’s net assets (plus any borrowings for investment purposes) will be allocated to such investments, which may include dividend paying equities, both high-yield (below investment grade) and investment grade debt, sovereign bonds, and various short-term debt instruments. The Fund may invest in securities with any maturity or investment rating, as well as unrated securities. The Fund may also invest (typically for hedging purposes) in derivative instruments such as options, futures contracts and options on futures contracts, credit default swaps, and swaps and options on indices.


    Additionally, under normal circumstances, the Fund anticipates it will allocate a substantial amount of its assets to foreign investments. That generally means that approximately 40% or more of the Fund’s net assets (plus any borrowings for investment purposes) will be allocated to foreign investments (unless market conditions are not deemed favorable by the Fund, in which case the Fund expects to invest at least 30% of its net assets (plus any borrowings for investment purposes) in foreign investments). For purposes of these 80%, 40% and 30% of assets allocations, the Fund “counts” relevant derivative positions on investments, and in doing so, values each position at the price at which it is held on the Fund’s books (generally market price).


    The investment philosophy and strategy of the Global Income Builder Fund can be broadly characterized as a “value” approach, as it seeks a “margin of safety” in each investment purchase with the goal being to avoid permanent impairment of capital (as opposed to temporary losses in share value relating to shifting investor sentiment or other normal share price volatility). With respect to equity investments in particular, a discount to “intrinsic value” is sought even for what appear to be the best of businesses, with a deeper discount demanded for companies that we view as under business model, balance sheet, management or other stresses. “Intrinsic value” is based on our judgment of what a prudent and rational business buyer would pay in cash for all of the company in normal markets. Investments in debt instruments are made after careful scrutiny of the underlying creditworthiness of the issuer, taking into account such factors as cash flow generation, liquidation value and structural protections. The Global Income Builder Fund seeks to own debt instruments that offer an attractive “margin of safety” on principal repayment relative to the total expected return of the security.

    Risk [Heading] rr_RiskHeading Principal Investment Risks
    Risk Narrative [Text Block] rr_RiskNarrativeTextBlock

    As with any mutual fund investment, you may lose money by investing in the Global Income Builder Fund. The likelihood of loss may be greater if you invest for a shorter period of time. An investment in the Fund is not intended to be a complete investment program.


    Principal risks of investing in the Global Income Builder Fund, which could adversely affect its net asset value and total return, are:


     

     

    Market Risk — The value of the Fund’s portfolio holdings may fluctuate in response to events specific to the companies or markets in which the Fund invests, as well as economic, political, or social events in the United States or abroad.

     

     

    Foreign Investment Risk — The Fund will invest in foreign investments. Foreign investments can be susceptible to less politically, economically and socially stable environments, foreign currency and exchange rate changes, and adverse changes to government regulations.

     

     

    Credit and Interest Rate Risk — The value of the Fund’s portfolio may fluctuate in response to the risk that the issuer of a bond or other instrument will not be able to make payments of interest and principal when due. In addition, fluctuations in interest rates can affect the value of debt instruments held by the Fund. An increase in interest rates tends to reduce the market value of debt instruments, while a decline in interest rates tends to increase their values. Longer-duration instruments tend to be more sensitive to interest rate changes than those with shorter durations.

     

     

    Prepayment Risk — Certain instruments, especially mortgage-backed securities, for example, are susceptible to the risk of prepayment by borrowers. During a period of declining interest rates, homeowners may refinance their high-rate mortgages and prepay the principal. Cash from these prepayments flows through to prepay the mortgage-backed securities, necessitating reinvestment in other assets, which may lower returns. Asset-backed securities, which are subject to risks similar to those of mortgage-backed securities, are also structured like mortgage-backed securities, but instead of mortgage loans or interests in mortgage loans, the underlying assets may include such items as motor vehicle installment sales or installment loan contracts, leases of various types of real and personal property and receivables from credit card agreements. The market for mortgage-backed and asset-backed instruments may be volatile and limited, which may make them difficult to buy or sell.

     

     

    Changes in Debt Ratings Risk — If a rating agency gives a debt instrument a lower rating, the value of the instrument may decline because investors may demand a higher rate of return.

     

     

    Defaulted Securities Risk — The Fund may invest in securities of companies that are experiencing significant financial or business difficulties, including companies involved in bankruptcy or other reorganization and liquidation proceedings. Such investments involve a substantial degree of risk. In any reorganization or liquidation proceeding relating to a company in which the Fund invests, the Fund may lose its entire investment, may be required to accept cash or securities with a value less than the Fund’s original investment, and/or may be required to accept payment over an extended period of time.

     

     

    Convertible Security Risk — Convertible securities generally offer lower interest or dividend yields than non-convertible securities of similar quality. Convertible securities may gain or lose value due to changes in the issuer’s operating results, financial condition and credit rating and changes in interest rates and other general economic, industry and market conditions.

     

     

    High Yield Risk — The Fund intends to invest in high yield instruments (commonly known as “junk bonds”) which may be subject to greater levels of interest rate, credit (including issuer default) and liquidity risk than investment grade instruments and may experience extreme price fluctuations. The securities of such companies may be considered speculative and the ability of such companies to pay their debts on schedule may be uncertain.

     

     

    Gold Risk — The Fund may invest in both physical gold and the securities of companies in the gold mining sector. Prices of gold-related issues are susceptible to changes in U.S. and foreign regulatory policies, taxes, currencies, mining laws, inflation, and various other market conditions.

     

     

    Derivatives Risk — Futures contracts or other “derivatives,” including hedging strategies, present risks related to their significant price volatility and risk of default by the counterparty to the contract. To date, derivatives have been used mainly under a hedging program that seeks to reduce the impact of foreign exchange rate changes on the Fund’s value. The Fund may at times also purchase derivatives linked to relevant market indices as either a hedge or for investment purposes.

     

     

    Currency Risk — Currency risk is the risk that foreign currencies will decline in value relative to that of the U.S. dollar and affect the Fund’s non-U.S. currencies or securities that trade in and receive revenue in non-U.S. currencies.

     

     

    Small and Medium-Size Company Risk — The Fund may invest in small and medium-size companies, the securities of which can be more volatile in price than those of larger companies. Positions in smaller companies, especially when the Fund is a large holder of a small company’s securities, also may be more difficult or expensive to trade. The Fund considers small companies to be companies with market capitalizations of less than $1 billion and medium-size companies to have market capitalizations of less than $10 billion.


     

     

    Bank Loan Risk — The Fund may invest in bank loans. These investments potentially expose the Fund to the credit risk of the underlying borrower, and in certain cases, of the financial institution. The Fund’s ability to receive payments in connection with the loan depends primarily on the financial condition of the borrower. The market for bank loans may be illiquid and the Fund may have difficulty selling them, especially in the case of leveraged loans, which can be difficult to value. In addition, bank loans often have contractual restrictions on resale, which can delay the sale and adversely impact the sale price. At times, the Fund may decline to receive non-public information relating to loans, which could disadvantage the Fund relative to other investors.

     

     

    Real Estate Industry Risk — The Fund may invest in real estate investment trusts (“REITs”), which are subject to risks affecting the real estate industry generally (including market conditions, competition, property obsolescence, changes in interest rates and casualty to real estate), as well as risks specifically affecting REITs (the quality and skill of REIT management and the internal expenses of the REIT).


    An investment in the Fund is not a bank deposit and is not insured or guaranteed by the Federal Deposit Insurance Corporation (FDIC) or any other government agency.


    For more information on the risks of investing in the Global Income Builder Fund, please see the More Information about the Funds’ Investments section.

    Risk Lose Money [Text] rr_RiskLoseMoney As with any mutual fund investment, you may lose money by investing in the Global Income Builder Fund.
    Risk Not Insured Depository Institution [Text] rr_RiskNotInsuredDepositoryInstitution An investment in the Fund is not a bank deposit and is not insured or guaranteed by the Federal Deposit Insurance Corporation (FDIC) or any other government agency.
    Bar Chart and Performance Table [Heading] rr_BarChartAndPerformanceTableHeading Investment Results
    Performance Narrative [Text Block] rr_PerformanceNarrativeTextBlock

    The following information provides an indication of the risks of investing in the Global Income Builder Fund by showing changes in the Fund’s performance from year to year, and by showing how the Fund’s average annual returns for the periods shown compare with those of a broad measure of market performance. As with all mutual funds, past performance is not an indication of future performance (before or after taxes).


    After-tax returns are calculated using the highest individual federal income tax rate for each year, and do not reflect the effect of state and local taxes. Actual after-tax returns depend on your individual tax situation. After-tax returns are not relevant to investors in tax-deferred accounts, such as 401(k) plans or individual retirement accounts.


    Updated performance information is available at www.feim.com/individual-investors/fund/global-income-builder-fund or by calling 800.334.2143.


    The following bar chart assumes reinvestment of dividends and distributions and does not reflect any sales charges. If sales charges were included, the returns would be lower.

    Performance Information Illustrates Variability of Returns [Text] rr_PerformanceInformationIllustratesVariabilityOfReturns The following information provides an indication of the risks of investing in the Global Income Builder Fund by showing changes in the Fund’s performance from year to year, and by showing how the Fund’s average annual returns for the periods shown compare with those of a broad measure of market performance.
    Performance One Year or Less [Text] rr_PerformanceOneYearOrLess While no information is shown for the Class T shares (because they have no or partial performance as of December 31, 2018), annual returns for Class T shares would have been substantially similar to those shown here.
    Performance Availability Phone [Text] rr_PerformanceAvailabilityPhone 800.334.2143
    Performance Availability Website Address [Text] rr_PerformanceAvailabilityWebSiteAddress www.feim.com/individual-investors/fund/global-income-builder-fund
    Performance Past Does Not Indicate Future [Text] rr_PerformancePastDoesNotIndicateFuture As with all mutual funds, past performance is not an indication of future performance (before or after taxes).
    Bar Chart [Heading] rr_BarChartHeading Calendar Year Total Returns Class A
    Bar Chart Does Not Reflect Sales Loads [Text] rr_BarChartDoesNotReflectSalesLoads The following bar chart assumes reinvestment of dividends and distributions and does not reflect any sales charges. If sales charges were included, the returns would be lower.
    Bar Chart Closing [Text Block] rr_BarChartClosingTextBlock

     

     

     

     

     

     

     

     

     

    Best Quarter*

     

     

     

    Worst Quarter*

    Third Quarter 2013

     

    5.09%

     

     

     

    Fourth Quarter 2018

     

    -6.48%

     

     

     

     

     


     

    *

     

    For the period presented in the bar chart above.

    Bar Chart, Returns for Class Not Offered in Prospectus [Text] rr_BarChartReturnsForClassNotOfferedInProspectus The bar chart above and table below disclose returns only for Class A shares (which are not offered by this prospectus).
    Highest Quarterly Return, Label rr_HighestQuarterlyReturnLabel Best Quarter
    Highest Quarterly Return, Date rr_BarChartHighestQuarterlyReturnDate Sep. 30, 2013
    Highest Quarterly Return rr_BarChartHighestQuarterlyReturn 5.09%
    Lowest Quarterly Return, Label rr_LowestQuarterlyReturnLabel Worst Quarter
    Lowest Quarterly Return, Date rr_BarChartLowestQuarterlyReturnDate Dec. 31, 2018
    Lowest Quarterly Return rr_BarChartLowestQuarterlyReturn (6.48%)
    Performance Table Uses Highest Federal Rate rr_PerformanceTableUsesHighestFederalRate After-tax returns are calculated using the highest individual federal income tax rate for each year, and do not reflect the effect of state and local taxes.
    Performance Table Not Relevant to Tax Deferred rr_PerformanceTableNotRelevantToTaxDeferred After-tax returns are not relevant to investors in tax-deferred accounts, such as 401(k) plans or individual retirement accounts.
    Performance Table Narrative rr_PerformanceTableNarrativeTextBlock

    The bar chart above and table below disclose returns only for Class A shares (which are not offered by this prospectus).


    While no information is shown for the Class T shares (because they have no or partial performance as of December 31, 2018), annual returns for Class T shares would have been substantially similar to those shown here. Class T shares are invested in the same portfolio of securities and the annual returns would differ only to the extent that Class T shares do not have the same expenses.

    Average Annual Return, Caption rr_AverageAnnualReturnCaption Average Annual Total Returns as of December 31, 2018
    Class T Prospectus | First Eagle Global Income Builder Fund | 60% MSCI World Index/40% Bloomberg Barclays U.S. Aggregate Bond Index  
    Risk/Return: rr_RiskReturnAbstract  
    1 Year rr_AverageAnnualReturnYear01 (5.07%)
    5 Years rr_AverageAnnualReturnYear05 3.90%
    Since Inception rr_AverageAnnualReturnSinceInception 5.67%
    Inception Date rr_AverageAnnualReturnInceptionDate May 01, 2012
    Class T Prospectus | First Eagle Global Income Builder Fund | MSCI World Index  
    Risk/Return: rr_RiskReturnAbstract  
    1 Year rr_AverageAnnualReturnYear01 (8.71%)
    5 Years rr_AverageAnnualReturnYear05 4.56%
    Since Inception rr_AverageAnnualReturnSinceInception 7.86%
    Inception Date rr_AverageAnnualReturnInceptionDate May 01, 2012
    Class T Prospectus | First Eagle Global Income Builder Fund | Bloomberg Barclays U.S. Aggregate Bond Index  
    Risk/Return: rr_RiskReturnAbstract  
    1 Year rr_AverageAnnualReturnYear01 0.01%
    5 Years rr_AverageAnnualReturnYear05 2.52%
    Since Inception rr_AverageAnnualReturnSinceInception 2.00%
    Inception Date rr_AverageAnnualReturnInceptionDate May 01, 2012
    Class T Prospectus | First Eagle Global Income Builder Fund | Class T  
    Risk/Return: rr_RiskReturnAbstract  
    Maximum Sales Charge (Load) on Purchases (as a percentage of public offering price) rr_MaximumSalesChargeImposedOnPurchasesOverOfferingPrice 2.50%
    Maximum Deferred Sales Charge (Load) (as a percentage of the lesser of your purchase or redemption price) rr_MaximumDeferredSalesChargeOverOfferingPrice none
    Management Fees rr_ManagementFeesOverAssets 0.75%
    Distribution and/or Service (12b-1) Fees rr_DistributionAndService12b1FeesOverAssets 0.25%
    Other Expenses rr_OtherExpensesOverAssets 0.18% [1]
    Total Annual Fund Operating Expenses (%) rr_ExpensesOverAssets 1.18%
    Expense Example, with Redemption, 1 Year rr_ExpenseExampleYear01 $ 367
    Expense Example, with Redemption, 3 Years rr_ExpenseExampleYear03 615
    Expense Example, with Redemption, 5 Years rr_ExpenseExampleYear05 883
    Expense Example, with Redemption, 10 Years rr_ExpenseExampleYear10 1,646
    Expense Example, No Redemption, 1 Year rr_ExpenseExampleNoRedemptionYear01 367
    Expense Example, No Redemption, 3 Years rr_ExpenseExampleNoRedemptionYear03 615
    Expense Example, No Redemption, 5 Years rr_ExpenseExampleNoRedemptionYear05 883
    Expense Example, No Redemption, 10 Years rr_ExpenseExampleNoRedemptionYear10 $ 1,646
    Class T Prospectus | First Eagle Global Income Builder Fund | Class A  
    Risk/Return: rr_RiskReturnAbstract  
    Annual Return 2013 rr_AnnualReturn2013 11.82%
    Annual Return 2014 rr_AnnualReturn2014 1.24%
    Annual Return 2015 rr_AnnualReturn2015 (2.30%)
    Annual Return 2016 rr_AnnualReturn2016 10.11%
    Annual Return 2017 rr_AnnualReturn2017 12.96%
    Annual Return 2018 rr_AnnualReturn2018 (6.50%)
    1 Year rr_AverageAnnualReturnYear01 (11.18%)
    5 Years rr_AverageAnnualReturnYear05 1.80%
    Since Inception rr_AverageAnnualReturnSinceInception 4.03%
    Inception Date rr_AverageAnnualReturnInceptionDate May 01, 2012
    Class T Prospectus | First Eagle Global Income Builder Fund | Class A | After Taxes on Distributions  
    Risk/Return: rr_RiskReturnAbstract  
    1 Year rr_AverageAnnualReturnYear01 (11.61%)
    5 Years rr_AverageAnnualReturnYear05 0.78%
    Since Inception rr_AverageAnnualReturnSinceInception 2.99%
    Class T Prospectus | First Eagle Global Income Builder Fund | Class A | After Taxes on Distributions and Sale of Fund Shares  
    Risk/Return: rr_RiskReturnAbstract  
    1 Year rr_AverageAnnualReturnYear01 (6.41%)
    5 Years rr_AverageAnnualReturnYear05 1.08%
    Since Inception rr_AverageAnnualReturnSinceInception 2.81%
    [1] "Other Expenses" shown generally reflect actual expenses for the Fund for the fiscal year ended October 31, 2018 and estimated expenses in the case of newly organized share classes.
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    Class T Prospectus | First Eagle High Yield Fund
    First Eagle High Yield Fund
    Investment Objective

    First Eagle High Yield Fund (“High Yield Fund”) seeks to provide investors with a high level of current income.

    Fees and Expenses of the High Yield Fund

    The following information describes the fees and expenses you may pay if you buy and hold shares of the High Yield Fund.


    You may qualify for sales charge discounts if you invest at least $250,000 in the High Yield Fund. Information about these discounts is available from your financial professional and in the How to Purchase Shares and Public Offering Price of Class T Shares sections on pages 69 and 74, respectively, and in the appendix to this Prospectus titled Intermediary-Specific Front-End Sales Load and Waiver Terms.

    Shareholder Fees (fees paid directly from your investment)
    Shareholder Fees
    Class T Prospectus
    First Eagle High Yield Fund
    Class T
    Maximum Sales Charge (Load) on Purchases (as a percentage of public offering price) 2.50%
    Maximum Deferred Sales Charge (Load) (as a percentage of the lesser of your purchase or redemption price) none
    Annual Fund Operating Expenses (expenses you pay each year as a percentage of the value of your investment)
    Annual Fund Operating Expenses
    Class T Prospectus
    First Eagle High Yield Fund
    Class T
    Management Fees 0.70% [1]
    Distribution and/or Service (12b-1) Fees 0.25%
    Other Expenses 0.31% [2]
    Total Annual Operating Expenses (%) 1.26%
    Fee Waiver (0.10%) [1]
    Total Annual Operating Expenses After Fee Waiver (%) 1.16%
    [1] The Adviser has contractually agreed to waive its management fee at an annual rate in the amount of 0.10% of the average daily value of the Fund's net assets for the period through February 29, 2020. This waiver has the effect of reducing the management fee shown in the table for the term of the waiver from 0.70% to 0.60%.
    [2] "Other Expenses" shown generally reflect actual expenses for the Fund for the fiscal year ended October 31, 2018 and estimated expenses in the case of newly organized share classes.
    Example

    The following example is intended to help you compare the cost of investing in the High Yield Fund with the cost of investing in other mutual funds. This hypothetical example assumes you invest $10,000 in the Fund for the time periods indicated and then either redeem or do not redeem all shares at the end of those periods. The example also assumes the average annual return is 5% and operating expenses remain the same (except that the management fee waiver is taken into account only for the one-year expense example). Please keep in mind your actual costs may be higher or lower.

    Sold
    Expense Example
    1 Year
    3 Years
    5 Years
    10 Years
    Class T Prospectus | First Eagle High Yield Fund | Class T | USD ($) 365 630 915 1,726
    Held
    Expense Example No Redemption
    1 Year
    3 Years
    5 Years
    10 Years
    Class T Prospectus | First Eagle High Yield Fund | Class T | USD ($) 365 630 915 1,726
    Portfolio Turnover Rate

    There are transaction costs due to the bid/ask spread in the case of bonds or commissions in the case of stocks. The High Yield Fund pays transaction costs, such as commissions, when the Fund buys and sells securities (or “turns over” its portfolio). A higher portfolio turnover rate may indicate higher transaction costs and may result in higher taxes when Fund shares are held in a taxable account. These costs, which are not reflected in annual fund operating expenses or in the Example, affect the Fund’s performance. During the Fund’s most recent fiscal year, the Fund’s portfolio turnover rate was 24.82% of the average value of its portfolio.

    Principal Investment Strategies

    To pursue its investment objective, the High Yield Fund normally invests at least 80% of its net assets (plus any borrowings for investment purposes) in high yield, below investment-grade securities (commonly referred to as “junk bonds”) and instruments. Such high yield instruments may include corporate bonds and loans, municipal bonds, and mortgage-backed and asset-backed securities. The Fund may invest in, and count for the purposes of this 80% allotment, unrated securities or other instruments deemed by the Fund’s Adviser to be below investment grade. The Fund “counts” relevant derivative positions towards its “80% of assets” allocation and, in doing so, values each position at the price at which it is held on the Fund’s books (generally market price).


    The Fund may invest its assets in the securities of both U.S. and foreign issuers. The Fund may also invest (typically for hedging purposes) in derivative instruments such as options, futures contracts and options on futures contracts, credit default swaps, and swaps and options on indices.


    The Fund may invest in securities with any investment rating or time to maturity.

    Principal Investment Risks

    As with any mutual fund investment, you may lose money by investing in the High Yield Fund. The likelihood of loss may be greater if you invest for a shorter period of time. An investment in the Fund is not intended to be a complete investment program.


    Principal risks of investing in the High Yield Fund, which could adversely affect its net asset value and total return, are:


     

     

    Credit and Interest Rate Risk — The value of the Fund’s portfolio may fluctuate in response to the risk that the issuer of a bond or other instrument will not be able to make payments of interest and principal when due. In addition, fluctuations in interest rates can affect the value of debt instruments held by the Fund. An increase in interest rates tends to reduce the market value of debt instruments, while a decline in interest rates tends to increase their values. Longer-duration instruments tend to be more sensitive to interest rate changes than those with shorter durations.

     

     

    High Yield Risk — The Fund will invest at least 80% of its net assets (plus any borrowings for investment purposes) under normal market conditions in high yield instruments (commonly known as “junk bonds”) which may be subject to greater levels of interest rate, credit (including issuer default) and liquidity risk than investment grade securities and may experience extreme price fluctuations. The securities of such companies may be considered speculative and the ability of such companies to pay their debts on schedule may be uncertain.

     

     

    Market Risk — The value of the Fund’s portfolio holdings may fluctuate in response to events specific to the companies or markets in which the Fund invests, as well as economic, political, or social events in the United States or abroad.

     

     

    Foreign Investment Risk — The Fund may invest in foreign investments. Foreign investments can be susceptible to less politically, economically and socially stable environments, foreign currency and exchange rate changes, and adverse changes to government regulations.


     

     

    Convertible Security Risk — Convertible securities generally offer lower interest or dividend yields than non-convertible securities of similar quality. Convertible securities may gain or lose value due to changes in the issuer’s operating results, financial condition, credit rating and changes in interest rates and other general economic, industry and market conditions.

     

     

    Illiquid Investment Risk — Holding illiquid securities restricts or otherwise limits the ability for the Fund to freely dispose of its investments for specific periods of time. The Fund might not be able to sell illiquid securities at its desired price or time. Changes in the markets or in regulations governing the trading of illiquid instruments can cause rapid changes in the price or ability to sell an illiquid security. The market for lower-quality debt instruments, including junk bonds, is generally less liquid than the market for higher-quality debt instruments.

     

     

    Prepayment Risk — Certain instruments, especially mortgage-backed securities, for example, are susceptible to the risk of prepayment by borrowers. During a period of declining interest rates, homeowners may refinance their high-rate mortgages and prepay the principal. Cash from these prepayments flows through to prepay the mortgage-backed securities, necessitating reinvestment in other assets, which may lower returns. Asset-backed securities, which are subject to risks similar to those of mortgage-backed securities, are also structured like mortgage-backed securities, but instead of mortgage loans or interests in mortgage loans, the underlying assets may include such items as motor vehicle installment sales or installment loan contracts, leases of various types of real and personal property and receivables from credit card agreements. The market for mortgage-backed and asset-backed instruments may be volatile and limited, which may make them difficult to buy or sell.

     

     

    Bank Loan Risk — The Fund may invest in bank loans. These investments potentially expose the Fund to the credit risk of the underlying borrower, and in certain cases, of the financial institution. The Fund’s ability to receive payments in connection with the loan depends primarily on the financial condition of the borrower. The market for bank loans may be illiquid and the Fund may have difficulty selling them, especially in the case of leveraged loans, which can be difficult to value. In addition, bank loans often have contractual restrictions on resale, which can delay the sale and adversely impact the sale price. At times, the Fund may decline to receive non-public information relating to loans, which could disadvantage the Fund relative to other investors.


     

     

    Changes in Debt Ratings Risk — If a rating agency gives a debt instrument a lower rating, the value of the instrument may decline because investors may demand a higher rate of return.

     

     

    Defaulted Securities Risk — The Fund may invest in securities of companies that are experiencing significant financial or business difficulties, including companies involved in bankruptcy or other reorganization and liquidation proceedings. Such investments involve a substantial degree of risk. In any reorganization or liquidation proceeding relating to a company in which the Fund invests, the Fund may lose its entire investment, may be required to accept cash or securities with a value less than the Fund’s original investment, and/or may be required to accept payment over an extended period of time.

     

     

    Derivatives Risk — Futures contracts or other “derivatives,” including hedging strategies, present risks related to their significant price volatility and risk of default by the counterparty to the contract. The Fund may use derivatives in seeking to reduce the impact of foreign exchange rate changes on the Fund’s value. The Fund may at times also purchase derivatives linked to relevant market indices as either a hedge or for investment purposes.

     

     

    Currency Risk — Currency risk is the risk that foreign currencies will decline in value relative to that of the U.S. dollar and affect the Fund’s non-U.S. currencies or securities that trade in and receive revenue in non-U.S. currencies.


    An investment in the Fund is not a bank deposit and is not insured or guaranteed by the Federal Deposit Insurance Corporation (FDIC) or any other government agency.


    For more information on the risks of investing in the High Yield Fund, please see the More Information about the Funds’ Investments section.

    Investment Results

    The High Yield Fund commenced operations in its present form on or about December 30, 2011 and is the successor to the Old Mutual High Yield Fund (the “Predecessor Fund”) pursuant to a reorganization on or about that same date. The Predecessor Fund had similar investment objectives and strategies as the Fund, but was managed by another investment adviser.


    The following information provides an indication of the risks of investing in the Fund by showing changes in the Fund’s performance from year to year, and by showing how the Fund’s average annual returns for 1 and 5 years and since inception compare with those of a broad measure of market performance.


    As with all mutual funds, past performance is not an indication of future performance (before or after taxes).


    After-tax returns are calculated using the highest individual federal income tax rate for each year, and do not reflect the effect of state and local taxes. Actual after-tax returns depend on your individual tax situation. After-tax returns are not relevant to investors in tax-deferred accounts, such as 401(k) plans or individual retirement accounts.


    Updated performance information is available at www.feim.com/individual-investors/fund/high-yield-fund or by calling 800.334.2143.


    The following bar chart assumes reinvestment of dividends and distributions and does not reflect any sales charges. If sales charges were included the returns would be lower.

    Calendar Year Total Returns—Class I
    Bar Chart

     

     

     

     

     

     

     

     

     

    Best Quarter*

     

     

     

    Worst Quarter*

    Second Quarter 2009

     

    24.95%

     

     

     

    Third Quarter 2011

     

    -5.97%

     

     

     

     

     


     

    *

     

    For the period presented in the bar chart above.

    Average Annual Total Returns as of December 31, 2018

    The bar chart above and table below disclose returns only for Class I shares (which are not offered by this prospectus). Returns shown for Class I shares assume commencement of operations on November 19, 2007, which is the date of organization of the Predecessor Fund and includes the returns of the Predecessor Fund for periods prior to January 1, 2012.


    While no information is shown for the Class T shares (because they have no or partial performance as of December 31, 2018), annual returns for Class T shares would have been substantially similar to those shown here. Class T shares are invested in the same portfolio of securities and the annual returns would differ only to the extent that Class T shares do not have the same expenses. Because the Class T share expenses are anticipated to be higher than Class I, Class T share performance would be lower.

    Average Annual Returns - Class T Prospectus - First Eagle High Yield Fund
    1 Year
    5 Years
    10 Years
    Class I (0.42%) 2.56% 10.42%
    After Taxes on Distributions | Class I (2.56%) (0.02%) 6.87%
    After Taxes on Distributions and Sale of Fund Shares | Class I (0.23%) 0.79% 6.84%
    Bloomberg Barclays U.S. Corporate High Yield Index (2.08%) 3.83% 11.12%
    XML 49 R105.htm IDEA: XBRL DOCUMENT v3.19.1
    Label Element Value
    Class T Prospectus | First Eagle High Yield Fund  
    Risk/Return: rr_RiskReturnAbstract  
    Risk/Return [Heading] rr_RiskReturnHeading First Eagle High Yield Fund
    Objective [Heading] rr_ObjectiveHeading Investment Objective
    Objective, Primary [Text Block] rr_ObjectivePrimaryTextBlock

    First Eagle High Yield Fund (“High Yield Fund”) seeks to provide investors with a high level of current income.

    Expense [Heading] rr_ExpenseHeading Fees and Expenses of the High Yield Fund
    Expense Narrative [Text Block] rr_ExpenseNarrativeTextBlock

    The following information describes the fees and expenses you may pay if you buy and hold shares of the High Yield Fund.


    You may qualify for sales charge discounts if you invest at least $250,000 in the High Yield Fund. Information about these discounts is available from your financial professional and in the How to Purchase Shares and Public Offering Price of Class T Shares sections on pages 69 and 74, respectively, and in the appendix to this Prospectus titled Intermediary-Specific Front-End Sales Load and Waiver Terms.

    Shareholder Fees Caption [Text] rr_ShareholderFeesCaption Shareholder Fees (fees paid directly from your investment)
    Operating Expenses Caption [Text] rr_OperatingExpensesCaption Annual Fund Operating Expenses (expenses you pay each year as a percentage of the value of your investment)
    Fee Waiver or Reimbursement over Assets, Date of Termination rr_FeeWaiverOrReimbursementOverAssetsDateOfTermination Feb. 29, 2020
    Portfolio Turnover [Heading] rr_PortfolioTurnoverHeading Portfolio Turnover Rate
    Portfolio Turnover [Text Block] rr_PortfolioTurnoverTextBlock

    There are transaction costs due to the bid/ask spread in the case of bonds or commissions in the case of stocks. The High Yield Fund pays transaction costs, such as commissions, when the Fund buys and sells securities (or “turns over” its portfolio). A higher portfolio turnover rate may indicate higher transaction costs and may result in higher taxes when Fund shares are held in a taxable account. These costs, which are not reflected in annual fund operating expenses or in the Example, affect the Fund’s performance. During the Fund’s most recent fiscal year, the Fund’s portfolio turnover rate was 24.82% of the average value of its portfolio.

    Portfolio Turnover, Rate rr_PortfolioTurnoverRate 24.82%
    Expense Breakpoint Discounts [Text] rr_ExpenseBreakpointDiscounts You may qualify for sales charge discounts if you invest at least $250,000 in the High Yield Fund.
    Expense Breakpoint, Minimum Investment Required [Amount] rr_ExpenseBreakpointMinimumInvestmentRequiredAmount $ 250,000
    Other Expenses, New Fund, Based on Estimates [Text] rr_OtherExpensesNewFundBasedOnEstimates “Other Expenses” shown generally reflect actual expenses for the Fund for the fiscal year ended October 31, 2018 and estimated expenses in the case of newly organized share classes.
    Expense Example [Heading] rr_ExpenseExampleHeading Example
    Expense Example Narrative [Text Block] rr_ExpenseExampleNarrativeTextBlock

    The following example is intended to help you compare the cost of investing in the High Yield Fund with the cost of investing in other mutual funds. This hypothetical example assumes you invest $10,000 in the Fund for the time periods indicated and then either redeem or do not redeem all shares at the end of those periods. The example also assumes the average annual return is 5% and operating expenses remain the same (except that the management fee waiver is taken into account only for the one-year expense example). Please keep in mind your actual costs may be higher or lower.

    Expense Example by, Year, Caption [Text] rr_ExpenseExampleByYearCaption Sold
    Expense Example, No Redemption, By Year, Caption [Text] rr_ExpenseExampleNoRedemptionByYearCaption Held
    Strategy [Heading] rr_StrategyHeading Principal Investment Strategies
    Strategy Narrative [Text Block] rr_StrategyNarrativeTextBlock

    To pursue its investment objective, the High Yield Fund normally invests at least 80% of its net assets (plus any borrowings for investment purposes) in high yield, below investment-grade securities (commonly referred to as “junk bonds”) and instruments. Such high yield instruments may include corporate bonds and loans, municipal bonds, and mortgage-backed and asset-backed securities. The Fund may invest in, and count for the purposes of this 80% allotment, unrated securities or other instruments deemed by the Fund’s Adviser to be below investment grade. The Fund “counts” relevant derivative positions towards its “80% of assets” allocation and, in doing so, values each position at the price at which it is held on the Fund’s books (generally market price).


    The Fund may invest its assets in the securities of both U.S. and foreign issuers. The Fund may also invest (typically for hedging purposes) in derivative instruments such as options, futures contracts and options on futures contracts, credit default swaps, and swaps and options on indices.


    The Fund may invest in securities with any investment rating or time to maturity.

    Risk [Heading] rr_RiskHeading Principal Investment Risks
    Risk Narrative [Text Block] rr_RiskNarrativeTextBlock

    As with any mutual fund investment, you may lose money by investing in the High Yield Fund. The likelihood of loss may be greater if you invest for a shorter period of time. An investment in the Fund is not intended to be a complete investment program.


    Principal risks of investing in the High Yield Fund, which could adversely affect its net asset value and total return, are:


     

     

    Credit and Interest Rate Risk — The value of the Fund’s portfolio may fluctuate in response to the risk that the issuer of a bond or other instrument will not be able to make payments of interest and principal when due. In addition, fluctuations in interest rates can affect the value of debt instruments held by the Fund. An increase in interest rates tends to reduce the market value of debt instruments, while a decline in interest rates tends to increase their values. Longer-duration instruments tend to be more sensitive to interest rate changes than those with shorter durations.

     

     

    High Yield Risk — The Fund will invest at least 80% of its net assets (plus any borrowings for investment purposes) under normal market conditions in high yield instruments (commonly known as “junk bonds”) which may be subject to greater levels of interest rate, credit (including issuer default) and liquidity risk than investment grade securities and may experience extreme price fluctuations. The securities of such companies may be considered speculative and the ability of such companies to pay their debts on schedule may be uncertain.

     

     

    Market Risk — The value of the Fund’s portfolio holdings may fluctuate in response to events specific to the companies or markets in which the Fund invests, as well as economic, political, or social events in the United States or abroad.

     

     

    Foreign Investment Risk — The Fund may invest in foreign investments. Foreign investments can be susceptible to less politically, economically and socially stable environments, foreign currency and exchange rate changes, and adverse changes to government regulations.


     

     

    Convertible Security Risk — Convertible securities generally offer lower interest or dividend yields than non-convertible securities of similar quality. Convertible securities may gain or lose value due to changes in the issuer’s operating results, financial condition, credit rating and changes in interest rates and other general economic, industry and market conditions.

     

     

    Illiquid Investment Risk — Holding illiquid securities restricts or otherwise limits the ability for the Fund to freely dispose of its investments for specific periods of time. The Fund might not be able to sell illiquid securities at its desired price or time. Changes in the markets or in regulations governing the trading of illiquid instruments can cause rapid changes in the price or ability to sell an illiquid security. The market for lower-quality debt instruments, including junk bonds, is generally less liquid than the market for higher-quality debt instruments.

     

     

    Prepayment Risk — Certain instruments, especially mortgage-backed securities, for example, are susceptible to the risk of prepayment by borrowers. During a period of declining interest rates, homeowners may refinance their high-rate mortgages and prepay the principal. Cash from these prepayments flows through to prepay the mortgage-backed securities, necessitating reinvestment in other assets, which may lower returns. Asset-backed securities, which are subject to risks similar to those of mortgage-backed securities, are also structured like mortgage-backed securities, but instead of mortgage loans or interests in mortgage loans, the underlying assets may include such items as motor vehicle installment sales or installment loan contracts, leases of various types of real and personal property and receivables from credit card agreements. The market for mortgage-backed and asset-backed instruments may be volatile and limited, which may make them difficult to buy or sell.

     

     

    Bank Loan Risk — The Fund may invest in bank loans. These investments potentially expose the Fund to the credit risk of the underlying borrower, and in certain cases, of the financial institution. The Fund’s ability to receive payments in connection with the loan depends primarily on the financial condition of the borrower. The market for bank loans may be illiquid and the Fund may have difficulty selling them, especially in the case of leveraged loans, which can be difficult to value. In addition, bank loans often have contractual restrictions on resale, which can delay the sale and adversely impact the sale price. At times, the Fund may decline to receive non-public information relating to loans, which could disadvantage the Fund relative to other investors.


     

     

    Changes in Debt Ratings Risk — If a rating agency gives a debt instrument a lower rating, the value of the instrument may decline because investors may demand a higher rate of return.

     

     

    Defaulted Securities Risk — The Fund may invest in securities of companies that are experiencing significant financial or business difficulties, including companies involved in bankruptcy or other reorganization and liquidation proceedings. Such investments involve a substantial degree of risk. In any reorganization or liquidation proceeding relating to a company in which the Fund invests, the Fund may lose its entire investment, may be required to accept cash or securities with a value less than the Fund’s original investment, and/or may be required to accept payment over an extended period of time.

     

     

    Derivatives Risk — Futures contracts or other “derivatives,” including hedging strategies, present risks related to their significant price volatility and risk of default by the counterparty to the contract. The Fund may use derivatives in seeking to reduce the impact of foreign exchange rate changes on the Fund’s value. The Fund may at times also purchase derivatives linked to relevant market indices as either a hedge or for investment purposes.

     

     

    Currency Risk — Currency risk is the risk that foreign currencies will decline in value relative to that of the U.S. dollar and affect the Fund’s non-U.S. currencies or securities that trade in and receive revenue in non-U.S. currencies.


    An investment in the Fund is not a bank deposit and is not insured or guaranteed by the Federal Deposit Insurance Corporation (FDIC) or any other government agency.


    For more information on the risks of investing in the High Yield Fund, please see the More Information about the Funds’ Investments section.

    Risk Lose Money [Text] rr_RiskLoseMoney As with any mutual fund investment, you may lose money by investing in the High Yield Fund.
    Risk Not Insured Depository Institution [Text] rr_RiskNotInsuredDepositoryInstitution An investment in the Fund is not a bank deposit and is not insured or guaranteed by the Federal Deposit Insurance Corporation (FDIC) or any other government agency.
    Bar Chart and Performance Table [Heading] rr_BarChartAndPerformanceTableHeading Investment Results
    Performance Narrative [Text Block] rr_PerformanceNarrativeTextBlock

    The High Yield Fund commenced operations in its present form on or about December 30, 2011 and is the successor to the Old Mutual High Yield Fund (the “Predecessor Fund”) pursuant to a reorganization on or about that same date. The Predecessor Fund had similar investment objectives and strategies as the Fund, but was managed by another investment adviser.


    The following information provides an indication of the risks of investing in the Fund by showing changes in the Fund’s performance from year to year, and by showing how the Fund’s average annual returns for 1 and 5 years and since inception compare with those of a broad measure of market performance.


    As with all mutual funds, past performance is not an indication of future performance (before or after taxes).


    After-tax returns are calculated using the highest individual federal income tax rate for each year, and do not reflect the effect of state and local taxes. Actual after-tax returns depend on your individual tax situation. After-tax returns are not relevant to investors in tax-deferred accounts, such as 401(k) plans or individual retirement accounts.


    Updated performance information is available at www.feim.com/individual-investors/fund/high-yield-fund or by calling 800.334.2143.


    The following bar chart assumes reinvestment of dividends and distributions and does not reflect any sales charges. If sales charges were included the returns would be lower.

    Performance Information Illustrates Variability of Returns [Text] rr_PerformanceInformationIllustratesVariabilityOfReturns The following information provides an indication of the risks of investing in the Fund by showing changes in the Fund’s performance from year to year, and by showing how the Fund’s average annual returns for 1 and 5 years and since inception compare with those of a broad measure of market performance.
    Performance One Year or Less [Text] rr_PerformanceOneYearOrLess While no information is shown for the Class T shares (because they have no or partial performance as of December 31, 2018), annual returns for Class T shares would have been substantially similar to those shown here.
    Performance Availability Phone [Text] rr_PerformanceAvailabilityPhone 800.334.2143
    Performance Availability Website Address [Text] rr_PerformanceAvailabilityWebSiteAddress www.feim.com/individual-investors/fund/high-yield-fund
    Performance Past Does Not Indicate Future [Text] rr_PerformancePastDoesNotIndicateFuture As with all mutual funds, past performance is not an indication of future performance (before or after taxes).
    Bar Chart [Heading] rr_BarChartHeading Calendar Year Total Returns—Class I
    Bar Chart Does Not Reflect Sales Loads [Text] rr_BarChartDoesNotReflectSalesLoads The following bar chart assumes reinvestment of dividends and distributions and does not reflect any sales charges. If sales charges were included, the returns would be lower.
    Bar Chart Closing [Text Block] rr_BarChartClosingTextBlock

     

     

     

     

     

     

     

     

     

    Best Quarter*

     

     

     

    Worst Quarter*

    Second Quarter 2009

     

    24.95%

     

     

     

    Third Quarter 2011

     

    -5.97%

     

     

     

     

     


     

    *

     

    For the period presented in the bar chart above.

    Bar Chart, Returns for Class Not Offered in Prospectus [Text] rr_BarChartReturnsForClassNotOfferedInProspectus The bar chart above and table below disclose returns only for Class I shares (which are not offered by this prospectus).
    Highest Quarterly Return, Label rr_HighestQuarterlyReturnLabel Best Quarter
    Highest Quarterly Return, Date rr_BarChartHighestQuarterlyReturnDate Jun. 30, 2009
    Highest Quarterly Return rr_BarChartHighestQuarterlyReturn 24.95%
    Lowest Quarterly Return, Label rr_LowestQuarterlyReturnLabel Worst Quarter
    Lowest Quarterly Return, Date rr_BarChartLowestQuarterlyReturnDate Sep. 30, 2011
    Lowest Quarterly Return rr_BarChartLowestQuarterlyReturn (5.97%)
    Performance Table Uses Highest Federal Rate rr_PerformanceTableUsesHighestFederalRate After-tax returns are calculated using the highest individual federal income tax rate for each year, and do not reflect the effect of state and local taxes.
    Performance Table Not Relevant to Tax Deferred rr_PerformanceTableNotRelevantToTaxDeferred After-tax returns are not relevant to investors in tax-deferred accounts, such as 401(k) plans or individual retirement accounts.
    Performance Table Narrative rr_PerformanceTableNarrativeTextBlock

    The bar chart above and table below disclose returns only for Class I shares (which are not offered by this prospectus). Returns shown for Class I shares assume commencement of operations on November 19, 2007, which is the date of organization of the Predecessor Fund and includes the returns of the Predecessor Fund for periods prior to January 1, 2012.


    While no information is shown for the Class T shares (because they have no or partial performance as of December 31, 2018), annual returns for Class T shares would have been substantially similar to those shown here. Class T shares are invested in the same portfolio of securities and the annual returns would differ only to the extent that Class T shares do not have the same expenses. Because the Class T share expenses are anticipated to be higher than Class I, Class T share performance would be lower.

    Average Annual Return, Caption rr_AverageAnnualReturnCaption Average Annual Total Returns as of December 31, 2018
    Class T Prospectus | First Eagle High Yield Fund | Bloomberg Barclays U.S. Corporate High Yield Index  
    Risk/Return: rr_RiskReturnAbstract  
    1 Year rr_AverageAnnualReturnYear01 (2.08%)
    5 Years rr_AverageAnnualReturnYear05 3.83%
    10 Years rr_AverageAnnualReturnYear10 11.12%
    Class T Prospectus | First Eagle High Yield Fund | Class T  
    Risk/Return: rr_RiskReturnAbstract  
    Maximum Sales Charge (Load) on Purchases (as a percentage of public offering price) rr_MaximumSalesChargeImposedOnPurchasesOverOfferingPrice 2.50%
    Maximum Deferred Sales Charge (Load) (as a percentage of the lesser of your purchase or redemption price) rr_MaximumDeferredSalesChargeOverOfferingPrice none
    Management Fees rr_ManagementFeesOverAssets 0.70% [1]
    Distribution and/or Service (12b-1) Fees rr_DistributionAndService12b1FeesOverAssets 0.25%
    Other Expenses rr_OtherExpensesOverAssets 0.31% [2]
    Total Annual Operating Expenses (%) rr_ExpensesOverAssets 1.26%
    Fee Waiver rr_FeeWaiverOrReimbursementOverAssets (0.10%) [1]
    Total Annual Operating Expenses After Fee Waiver (%) rr_NetExpensesOverAssets 1.16%
    Expense Example, with Redemption, 1 Year rr_ExpenseExampleYear01 $ 365
    Expense Example, with Redemption, 3 Years rr_ExpenseExampleYear03 630
    Expense Example, with Redemption, 5 Years rr_ExpenseExampleYear05 915
    Expense Example, with Redemption, 10 Years rr_ExpenseExampleYear10 1,726
    Expense Example, No Redemption, 1 Year rr_ExpenseExampleNoRedemptionYear01 365
    Expense Example, No Redemption, 3 Years rr_ExpenseExampleNoRedemptionYear03 630
    Expense Example, No Redemption, 5 Years rr_ExpenseExampleNoRedemptionYear05 915
    Expense Example, No Redemption, 10 Years rr_ExpenseExampleNoRedemptionYear10 $ 1,726
    Class T Prospectus | First Eagle High Yield Fund | Class I  
    Risk/Return: rr_RiskReturnAbstract  
    Annual Return 2009 rr_AnnualReturn2009 60.00%
    Annual Return 2010 rr_AnnualReturn2010 15.76%
    Annual Return 2011 rr_AnnualReturn2011 4.08%
    Annual Return 2012 rr_AnnualReturn2012 15.19%
    Annual Return 2013 rr_AnnualReturn2013 6.92%
    Annual Return 2014 rr_AnnualReturn2014 (0.24%)
    Annual Return 2015 rr_AnnualReturn2015 (7.04%)
    Annual Return 2016 rr_AnnualReturn2016 17.19%
    Annual Return 2017 rr_AnnualReturn2017 4.86%
    Annual Return 2018 rr_AnnualReturn2018 (0.42%)
    1 Year rr_AverageAnnualReturnYear01 (0.42%)
    5 Years rr_AverageAnnualReturnYear05 2.56%
    10 Years rr_AverageAnnualReturnYear10 10.42%
    Class T Prospectus | First Eagle High Yield Fund | Class I | After Taxes on Distributions  
    Risk/Return: rr_RiskReturnAbstract  
    1 Year rr_AverageAnnualReturnYear01 (2.56%)
    5 Years rr_AverageAnnualReturnYear05 (0.02%)
    10 Years rr_AverageAnnualReturnYear10 6.87%
    Class T Prospectus | First Eagle High Yield Fund | Class I | After Taxes on Distributions and Sale of Fund Shares  
    Risk/Return: rr_RiskReturnAbstract  
    1 Year rr_AverageAnnualReturnYear01 (0.23%)
    5 Years rr_AverageAnnualReturnYear05 0.79%
    10 Years rr_AverageAnnualReturnYear10 6.84%
    [1] The Adviser has contractually agreed to waive its management fee at an annual rate in the amount of 0.10% of the average daily value of the Fund's net assets for the period through February 29, 2020. This waiver has the effect of reducing the management fee shown in the table for the term of the waiver from 0.70% to 0.60%.
    [2] "Other Expenses" shown generally reflect actual expenses for the Fund for the fiscal year ended October 31, 2018 and estimated expenses in the case of newly organized share classes.
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    Class T Prospectus | First Eagle Fund of America
    First Eagle Fund of America
    Investment Objective

    First Eagle Fund of America (“Fund of America”) seeks capital appreciation by investing primarily in domestic stocks and, to a lesser extent, in debt and foreign equity securities.

    Fees and Expenses of the Fund of America

    The following information describes the fees and expenses you may pay if you buy and hold shares of Fund of America.


    You may qualify for sales charge discounts if you invest at least $250,000 in Fund of America. Information about these discounts is available from your financial professional and in the How to Purchase Shares and Public Offering Price of Class T Shares sections on pages 69 and 74, respectively, and in the appendix to this Prospectus titled Intermediary-Specific Front-End Sales Load and Waiver Terms.

    Shareholder Fees (fees paid directly from your investment)
    Shareholder Fees
    Class T Prospectus
    First Eagle Fund of America
    Class T
    Maximum Sales Charge (Load) on Purchases (as a percentage of public offering price) 2.50%
    Maximum Deferred Sales Charge (Load) (as a percentage of the lesser of your purchase or redemption price) none
    Annual Fund Operating Expenses (expenses you pay each year as a percentage of the value of your investment)
    Annual Fund Operating Expenses
    Class T Prospectus
    First Eagle Fund of America
    Class T
    Management Fees 0.90% [1]
    Distribution and Service (12b-1) Fees 0.25%
    Other Expenses 0.17% [2]
    Total Annual Operating Expenses (%) 1.32%
    [1] 0.90% of the first $2.25 billion of the Fund's average daily net assets, 0.85% of the next $2.75 billion of average daily net assets, and 0.80% of average daily net assets in excess of $5 billion.
    [2] "Other Expenses" shown generally reflect actual expenses for the Fund for the fiscal year ended October 31, 2018 and estimated expenses in the case of newly organized share classes.
    Example

    The following example is intended to help you compare the cost of investing in Fund of America with the cost of investing in other mutual funds. This hypothetical example assumes you invest $10,000 in the Fund for the time periods indicated and then either redeem or do not redeem all shares at the end of those periods. The example also assumes the average annual return is 5% and operating expenses remain the same. Please keep in mind your actual costs may be higher or lower.

    Sold
    Expense Example
    1 Year
    3 Years
    5 Years
    10 Years
    Class T Prospectus | First Eagle Fund of America | Class T | USD ($) 381 658 955 1,800
    Held
    Expense Example No Redemption
    1 Year
    3 Years
    5 Years
    10 Years
    Class T Prospectus | First Eagle Fund of America | Class T | USD ($) 381 658 955 1,800
    Portfolio Turnover Rate

    Fund of America pays transaction costs, such as commissions, when it buys and sells securities (or “turns over” its portfolio). A higher portfolio turnover rate may indicate higher transaction costs and may result in higher taxes when Fund shares are held in a taxable account. These costs, which are not reflected in annual Fund of America operating expenses or in the example, affect the Fund’s performance. During the most recent fiscal year, Fund of America’s portfolio turnover rate was 60.29% of the average value of its portfolio.

    Principal Investment Strategies

    To achieve its objective of capital appreciation, Fund of America will primarily invest in domestic stocks and, to a lesser extent, debt and foreign equity instruments. Normally, at least 80% of the Fund’s net assets (plus any borrowings for investment purposes) are invested in domestic equity and debt instruments. The Fund “counts” derivative positions on these instruments for purposes of this 80% allocation, and in doing so, values each position at the price at which it is held on the Fund’s books (generally market price). Equity securities include common stocks, preferred stocks, convertible securities and warrants. The Fund may also invest in repurchase agreements and derivatives.


    Derivatives include investing in options, futures and swaps and related products. Specifically, the Fund may enter into interest rate, credit default, currency, equity, fixed income and index swaps and the purchase or sale of related caps, floors and collars.


    In addition, the Fund may enter into options on securities and on stock indices to limit the Fund’s investment risk and augment its investment return. Further, the Fund may write “covered” call options on equity or debt securities and on stock indices in seeking to enhance investment return or to hedge against declines in the prices of portfolio securities or may write put options to hedge against increases in the prices of securities which it intends to purchase. The Fund also may write call options on broadly based stock and bond market indices if at the time of writing it holds a portfolio of stocks or bonds listed on such index. Finally, the Fund may utilize futures contracts and options on futures on securities exchanges or in the over-the-counter market.


    The Fund may enter into certain types of repurchase agreements, primarily as a cash management strategy.


    The investment philosophy and strategy of Fund of America can be broadly characterized as a bottom-up, event-driven approach to choose securities that the Fund believes are undervalued and should perform well. In a bottom-up approach, companies and securities are researched and chosen individually. In an event-driven approach, one looks for companies that appear to be undervalued in relation to their potential value in light of positive corporate changes. Signals of corporate change can be management changes, large share repurchases, potential acquisitions or mergers. If changes are successful, these companies should realize a rise in the stock price. Fund of America invests in the securities of companies that it believes are undervalued relative to their overall financial and managerial strength. Investment decisions for the Fund are made without regard to the capitalization (size) of the companies in which it invests. The Fund may invest in any size company, including large, medium and smaller companies. The Fund may invest in debt securities generally without regard to their credit rating or time to maturity. However, the Fund has no current intention of investing more than 5% of its net assets in high yield bonds.

    Principal Investment Risks

    As with any mutual fund investment, you may lose money by investing in Fund of America. The likelihood of loss may be greater if you invest for a shorter period of time. An investment in the Fund is not intended to be a complete investment program.


    Principal risks of investing in Fund of America, which could adversely affect its net asset value and total return, are:


     

     

    Market Risk — The value of the Fund’s portfolio holdings may fluctuate in response to events specific to the companies or markets in which Fund of America invests, as well as economic, political, or social events in the United States or abroad.

     

     

    Event-Driven Style Risk — The event-driven investment style carries the additional risk that the event anticipated occurs later than expected, does not occur at all, or does not have the desired effect on the market price of the securities.

     

     

    Diversification Risk — The Fund is a non-diversified mutual fund, and as a result, an investment in Fund of America may expose your money to greater risks than if you invest in a diversified fund. Fund of America will invest in a limited number of companies and industries, therefore gains or losses in a particular security may have a greater impact on their share price.

     

     

    Credit and Interest Rate Risk — The value of the Fund’s portfolio may fluctuate in response to the risk that the issuer of a bond or other instrument will not be able to make payments of interest and principal when due. The Fund may invest in debt instruments that are below investment grade, commonly known as junk bonds, which are considered speculative, and carry a higher risk of default. In addition, fluctuations in interest rates can affect the value of debt instruments held by the Fund. An increase in interest rates tends to reduce the market value of debt instruments, while a decline in interest rates tends to increase their values. Longer-duration instruments tend to be more sensitive to interest rate changes than those with shorter durations.

     

     

    Small and Medium-Size Company Risk — The Fund may invest in small and medium-size companies, the securities of which can be more volatile in price than those of larger companies. Positions in smaller companies, especially when the Fund is a large holder of a small company’s securities, also may be more difficult or expensive to trade. The Fund considers small companies to be companies with market capitalizations of less than $1 billion and medium-size companies to have market capitalizations of less than $10 billion.

     

     

    Repurchase Agreements Risk — The Fund may enter into certain types of repurchase agreements, primarily as a cash management strategy. If the seller fails to repurchase the security and the market value declines, the Fund may lose money.

     

     

    Options Risk — The Fund may engage in various options transactions in which the Fund seeks to limit investment risk or increase investment returns by purchasing the right to buy or sell, or by selling the obligation to buy or sell, a security at a set price in the future. The Fund pays a premium when buying options and receives a premium when selling options. When trading options, the Fund may incur losses or forego otherwise realizable gains if market prices do not move as expected.

     

     

    Foreign Investment Risk — The Fund may invest in foreign investments. Foreign investments are susceptible to less politically, economically and socially stable environments, foreign currency and exchange rate changes, and adverse changes to government regulations.


    An investment in the Fund is not a bank deposit and is not insured or guaranteed by the Federal Deposit Insurance Corporation (FDIC) or any other government agency.


    For more information on the risks of investing in Fund of America, please see the More Information about the Funds’ Investments section.

    Investment Results

    The following information provides an indication of the risks of investing in Fund of America by showing changes in the Fund’s performance from year to year, and by showing how the Fund’s average annual returns for 1, 5 and 10 years compare with those of a broad measure of market performance. As with all mutual funds, past performance is not an indication of future performance (before or after taxes).


    After-tax returns are calculated using the highest individual federal income tax rate for each year, and do not reflect the effect of state and local taxes. Actual after-tax returns depend on your individual tax situation. After-tax returns are not relevant to investors in tax-deferred accounts, such as 401(k) plans or individual retirement accounts.


    Updated performance information is available at www.feim.com/individual-investors/fund/fund-america or by calling 800.334.2143.


    The following bar chart assumes reinvestment of dividends and distributions and does not reflect any sales charges. If sales charges were included, the returns would be lower.

    Calendar Year Total Returns—Class Y
    Bar Chart

     

     

     

     

     

     

     

     

     

    Best Quarter*

     

     

     

    Worst Quarter*

    Second Quarter 2009

     

    13.03%

     

     

     

    Fourth Quarter 2018

     

    -21.67%

     

     

     

     

     


     

    *

     

    For the period presented in the bar chart above.

    Average Annual Total Returns as of December 31, 2018

    The bar chart above and table below disclose returns only for Class Y shares (which are not offered by this prospectus).


    While no information is shown for the Class T shares (because they have no or partial performance as of December 31, 2018), annual returns for Class T shares would have been substantially similar to those shown here. Class T shares are invested in the same portfolio of securities and the annual returns would differ only to the extent that Class T shares do not have the same expenses.

    Average Annual Returns - Class T Prospectus - First Eagle Fund of America
    1 Year
    5 Years
    10 Years
    Class Y (23.85%) (0.66%) 8.81%
    After Taxes on Distributions | Class Y (27.35%) (2.78%) 7.43%
    After Taxes on Distributions and Sale of Fund Shares | Class Y (11.41%) (0.30%) 7.30%
    Standard & Poor’s 500 Index (4.38%) 8.49% 13.12%
    XML 52 R113.htm IDEA: XBRL DOCUMENT v3.19.1
    Label Element Value
    Class T Prospectus | First Eagle Fund of America  
    Risk/Return: rr_RiskReturnAbstract  
    Risk/Return [Heading] rr_RiskReturnHeading First Eagle Fund of America
    Objective [Heading] rr_ObjectiveHeading Investment Objective
    Objective, Primary [Text Block] rr_ObjectivePrimaryTextBlock

    First Eagle Fund of America (“Fund of America”) seeks capital appreciation by investing primarily in domestic stocks and, to a lesser extent, in debt and foreign equity securities.

    Expense [Heading] rr_ExpenseHeading Fees and Expenses of the Fund of America
    Expense Narrative [Text Block] rr_ExpenseNarrativeTextBlock

    The following information describes the fees and expenses you may pay if you buy and hold shares of Fund of America.


    You may qualify for sales charge discounts if you invest at least $250,000 in Fund of America. Information about these discounts is available from your financial professional and in the How to Purchase Shares and Public Offering Price of Class T Shares sections on pages 69 and 74, respectively, and in the appendix to this Prospectus titled Intermediary-Specific Front-End Sales Load and Waiver Terms.

    Shareholder Fees Caption [Text] rr_ShareholderFeesCaption Shareholder Fees (fees paid directly from your investment)
    Operating Expenses Caption [Text] rr_OperatingExpensesCaption Annual Fund Operating Expenses (expenses you pay each year as a percentage of the value of your investment)
    Portfolio Turnover [Heading] rr_PortfolioTurnoverHeading Portfolio Turnover Rate
    Portfolio Turnover [Text Block] rr_PortfolioTurnoverTextBlock

    Fund of America pays transaction costs, such as commissions, when it buys and sells securities (or “turns over” its portfolio). A higher portfolio turnover rate may indicate higher transaction costs and may result in higher taxes when Fund shares are held in a taxable account. These costs, which are not reflected in annual Fund of America operating expenses or in the example, affect the Fund’s performance. During the most recent fiscal year, Fund of America’s portfolio turnover rate was 60.29% of the average value of its portfolio.

    Portfolio Turnover, Rate rr_PortfolioTurnoverRate 60.29%
    Expense Breakpoint Discounts [Text] rr_ExpenseBreakpointDiscounts You may qualify for sales charge discounts if you invest at least $250,000 in Fund of America.
    Expense Breakpoint, Minimum Investment Required [Amount] rr_ExpenseBreakpointMinimumInvestmentRequiredAmount $ 250,000
    Other Expenses, New Fund, Based on Estimates [Text] rr_OtherExpensesNewFundBasedOnEstimates “Other Expenses” shown generally reflect actual expenses for the Fund for the fiscal year ended October 31, 2018 and estimated expenses in the case of newly organized share classes.
    Expense Example [Heading] rr_ExpenseExampleHeading Example
    Expense Example Narrative [Text Block] rr_ExpenseExampleNarrativeTextBlock

    The following example is intended to help you compare the cost of investing in Fund of America with the cost of investing in other mutual funds. This hypothetical example assumes you invest $10,000 in the Fund for the time periods indicated and then either redeem or do not redeem all shares at the end of those periods. The example also assumes the average annual return is 5% and operating expenses remain the same. Please keep in mind your actual costs may be higher or lower.

    Expense Example by, Year, Caption [Text] rr_ExpenseExampleByYearCaption Sold
    Expense Example, No Redemption, By Year, Caption [Text] rr_ExpenseExampleNoRedemptionByYearCaption Held
    Strategy [Heading] rr_StrategyHeading Principal Investment Strategies
    Strategy Narrative [Text Block] rr_StrategyNarrativeTextBlock

    To achieve its objective of capital appreciation, Fund of America will primarily invest in domestic stocks and, to a lesser extent, debt and foreign equity instruments. Normally, at least 80% of the Fund’s net assets (plus any borrowings for investment purposes) are invested in domestic equity and debt instruments. The Fund “counts” derivative positions on these instruments for purposes of this 80% allocation, and in doing so, values each position at the price at which it is held on the Fund’s books (generally market price). Equity securities include common stocks, preferred stocks, convertible securities and warrants. The Fund may also invest in repurchase agreements and derivatives.


    Derivatives include investing in options, futures and swaps and related products. Specifically, the Fund may enter into interest rate, credit default, currency, equity, fixed income and index swaps and the purchase or sale of related caps, floors and collars.


    In addition, the Fund may enter into options on securities and on stock indices to limit the Fund’s investment risk and augment its investment return. Further, the Fund may write “covered” call options on equity or debt securities and on stock indices in seeking to enhance investment return or to hedge against declines in the prices of portfolio securities or may write put options to hedge against increases in the prices of securities which it intends to purchase. The Fund also may write call options on broadly based stock and bond market indices if at the time of writing it holds a portfolio of stocks or bonds listed on such index. Finally, the Fund may utilize futures contracts and options on futures on securities exchanges or in the over-the-counter market.


    The Fund may enter into certain types of repurchase agreements, primarily as a cash management strategy.


    The investment philosophy and strategy of Fund of America can be broadly characterized as a bottom-up, event-driven approach to choose securities that the Fund believes are undervalued and should perform well. In a bottom-up approach, companies and securities are researched and chosen individually. In an event-driven approach, one looks for companies that appear to be undervalued in relation to their potential value in light of positive corporate changes. Signals of corporate change can be management changes, large share repurchases, potential acquisitions or mergers. If changes are successful, these companies should realize a rise in the stock price. Fund of America invests in the securities of companies that it believes are undervalued relative to their overall financial and managerial strength. Investment decisions for the Fund are made without regard to the capitalization (size) of the companies in which it invests. The Fund may invest in any size company, including large, medium and smaller companies. The Fund may invest in debt securities generally without regard to their credit rating or time to maturity. However, the Fund has no current intention of investing more than 5% of its net assets in high yield bonds.

    Risk [Heading] rr_RiskHeading Principal Investment Risks
    Risk Narrative [Text Block] rr_RiskNarrativeTextBlock

    As with any mutual fund investment, you may lose money by investing in Fund of America. The likelihood of loss may be greater if you invest for a shorter period of time. An investment in the Fund is not intended to be a complete investment program.


    Principal risks of investing in Fund of America, which could adversely affect its net asset value and total return, are:


     

     

    Market Risk — The value of the Fund’s portfolio holdings may fluctuate in response to events specific to the companies or markets in which Fund of America invests, as well as economic, political, or social events in the United States or abroad.

     

     

    Event-Driven Style Risk — The event-driven investment style carries the additional risk that the event anticipated occurs later than expected, does not occur at all, or does not have the desired effect on the market price of the securities.

     

     

    Diversification Risk — The Fund is a non-diversified mutual fund, and as a result, an investment in Fund of America may expose your money to greater risks than if you invest in a diversified fund. Fund of America will invest in a limited number of companies and industries, therefore gains or losses in a particular security may have a greater impact on their share price.

     

     

    Credit and Interest Rate Risk — The value of the Fund’s portfolio may fluctuate in response to the risk that the issuer of a bond or other instrument will not be able to make payments of interest and principal when due. The Fund may invest in debt instruments that are below investment grade, commonly known as junk bonds, which are considered speculative, and carry a higher risk of default. In addition, fluctuations in interest rates can affect the value of debt instruments held by the Fund. An increase in interest rates tends to reduce the market value of debt instruments, while a decline in interest rates tends to increase their values. Longer-duration instruments tend to be more sensitive to interest rate changes than those with shorter durations.

     

     

    Small and Medium-Size Company Risk — The Fund may invest in small and medium-size companies, the securities of which can be more volatile in price than those of larger companies. Positions in smaller companies, especially when the Fund is a large holder of a small company’s securities, also may be more difficult or expensive to trade. The Fund considers small companies to be companies with market capitalizations of less than $1 billion and medium-size companies to have market capitalizations of less than $10 billion.

     

     

    Repurchase Agreements Risk — The Fund may enter into certain types of repurchase agreements, primarily as a cash management strategy. If the seller fails to repurchase the security and the market value declines, the Fund may lose money.

     

     

    Options Risk — The Fund may engage in various options transactions in which the Fund seeks to limit investment risk or increase investment returns by purchasing the right to buy or sell, or by selling the obligation to buy or sell, a security at a set price in the future. The Fund pays a premium when buying options and receives a premium when selling options. When trading options, the Fund may incur losses or forego otherwise realizable gains if market prices do not move as expected.

     

     

    Foreign Investment Risk — The Fund may invest in foreign investments. Foreign investments are susceptible to less politically, economically and socially stable environments, foreign currency and exchange rate changes, and adverse changes to government regulations.


    An investment in the Fund is not a bank deposit and is not insured or guaranteed by the Federal Deposit Insurance Corporation (FDIC) or any other government agency.


    For more information on the risks of investing in Fund of America, please see the More Information about the Funds’ Investments section.

    Risk Lose Money [Text] rr_RiskLoseMoney As with any mutual fund investment, you may lose money by investing in Fund of America.
    Risk Nondiversified Status [Text] rr_RiskNondiversifiedStatus The Fund is a non-diversified mutual fund, and as a result, an investment in Fund of America may expose your money to greater risks than if you invest in a diversified fund. Fund of America will invest in a limited number of companies and industries, therefore gains or losses in a particular security may have a greater impact on their share price.
    Risk Not Insured Depository Institution [Text] rr_RiskNotInsuredDepositoryInstitution An investment in the Fund is not a bank deposit and is not insured or guaranteed by the Federal Deposit Insurance Corporation (FDIC) or any other government agency.
    Bar Chart and Performance Table [Heading] rr_BarChartAndPerformanceTableHeading Investment Results
    Performance Narrative [Text Block] rr_PerformanceNarrativeTextBlock

    The following information provides an indication of the risks of investing in Fund of America by showing changes in the Fund’s performance from year to year, and by showing how the Fund’s average annual returns for 1, 5 and 10 years compare with those of a broad measure of market performance. As with all mutual funds, past performance is not an indication of future performance (before or after taxes).


    After-tax returns are calculated using the highest individual federal income tax rate for each year, and do not reflect the effect of state and local taxes. Actual after-tax returns depend on your individual tax situation. After-tax returns are not relevant to investors in tax-deferred accounts, such as 401(k) plans or individual retirement accounts.


    Updated performance information is available at www.feim.com/individual-investors/fund/fund-america or by calling 800.334.2143.


    The following bar chart assumes reinvestment of dividends and distributions and does not reflect any sales charges. If sales charges were included, the returns would be lower.

    Performance Information Illustrates Variability of Returns [Text] rr_PerformanceInformationIllustratesVariabilityOfReturns The following information provides an indication of the risks of investing in Fund of America by showing changes in the Fund’s performance from year to year, and by showing how the Fund’s average annual returns for 1, 5 and 10 years compare with those of a broad measure of market performance.
    Performance One Year or Less [Text] rr_PerformanceOneYearOrLess While no information is shown for the Class T shares (because they have no or partial performance as of December 31, 2018), annual returns for Class T shares would have been substantially similar to those shown here.
    Performance Availability Phone [Text] rr_PerformanceAvailabilityPhone 800.334.2143
    Performance Availability Website Address [Text] rr_PerformanceAvailabilityWebSiteAddress www.feim.com/individual-investors/fund/fund-america
    Performance Past Does Not Indicate Future [Text] rr_PerformancePastDoesNotIndicateFuture As with all mutual funds, past performance is not an indication of future performance (before or after taxes).
    Bar Chart [Heading] rr_BarChartHeading Calendar Year Total Returns—Class Y
    Bar Chart Does Not Reflect Sales Loads [Text] rr_BarChartDoesNotReflectSalesLoads The following bar chart assumes reinvestment of dividends and distributions and does not reflect any sales charges. If sales charges were included, the returns would be lower.
    Bar Chart Closing [Text Block] rr_BarChartClosingTextBlock

     

     

     

     

     

     

     

     

     

    Best Quarter*

     

     

     

    Worst Quarter*

    Second Quarter 2009

     

    13.03%

     

     

     

    Fourth Quarter 2018

     

    -21.67%

     

     

     

     

     


     

    *

     

    For the period presented in the bar chart above.

    Bar Chart, Returns for Class Not Offered in Prospectus [Text] rr_BarChartReturnsForClassNotOfferedInProspectus The bar chart above and table below disclose returns only for Class Y shares (which are not offered by this prospectus).
    Highest Quarterly Return, Label rr_HighestQuarterlyReturnLabel Best Quarter
    Highest Quarterly Return, Date rr_BarChartHighestQuarterlyReturnDate Jun. 30, 2009
    Highest Quarterly Return rr_BarChartHighestQuarterlyReturn 13.03%
    Lowest Quarterly Return, Label rr_LowestQuarterlyReturnLabel Worst Quarter
    Lowest Quarterly Return, Date rr_BarChartLowestQuarterlyReturnDate Dec. 31, 2018
    Lowest Quarterly Return rr_BarChartLowestQuarterlyReturn (21.67%)
    Performance Table Uses Highest Federal Rate rr_PerformanceTableUsesHighestFederalRate After-tax returns are calculated using the highest individual federal income tax rate for each year, and do not reflect the effect of state and local taxes.
    Performance Table Not Relevant to Tax Deferred rr_PerformanceTableNotRelevantToTaxDeferred After-tax returns are not relevant to investors in tax-deferred accounts, such as 401(k) plans or individual retirement accounts.
    Performance Table Narrative rr_PerformanceTableNarrativeTextBlock

    The bar chart above and table below disclose returns only for Class Y shares (which are not offered by this prospectus).


    While no information is shown for the Class T shares (because they have no or partial performance as of December 31, 2018), annual returns for Class T shares would have been substantially similar to those shown here. Class T shares are invested in the same portfolio of securities and the annual returns would differ only to the extent that Class T shares do not have the same expenses.

    Average Annual Return, Caption rr_AverageAnnualReturnCaption Average Annual Total Returns as of December 31, 2018
    Class T Prospectus | First Eagle Fund of America | Standard & Poor’s 500 Index  
    Risk/Return: rr_RiskReturnAbstract  
    1 Year rr_AverageAnnualReturnYear01 (4.38%)
    5 Years rr_AverageAnnualReturnYear05 8.49%
    10 Years rr_AverageAnnualReturnYear10 13.12%
    Class T Prospectus | First Eagle Fund of America | Class T  
    Risk/Return: rr_RiskReturnAbstract  
    Maximum Sales Charge (Load) on Purchases (as a percentage of public offering price) rr_MaximumSalesChargeImposedOnPurchasesOverOfferingPrice 2.50%
    Maximum Deferred Sales Charge (Load) (as a percentage of the lesser of your purchase or redemption price) rr_MaximumDeferredSalesChargeOverOfferingPrice none
    Management Fees rr_ManagementFeesOverAssets 0.90% [1]
    Distribution and Service (12b-1) Fees rr_DistributionAndService12b1FeesOverAssets 0.25%
    Other Expenses rr_OtherExpensesOverAssets 0.17% [2]
    Total Annual Operating Expenses (%) rr_ExpensesOverAssets 1.32%
    Expense Example, with Redemption, 1 Year rr_ExpenseExampleYear01 $ 381
    Expense Example, with Redemption, 3 Years rr_ExpenseExampleYear03 658
    Expense Example, with Redemption, 5 Years rr_ExpenseExampleYear05 955
    Expense Example, with Redemption, 10 Years rr_ExpenseExampleYear10 1,800
    Expense Example, No Redemption, 1 Year rr_ExpenseExampleNoRedemptionYear01 381
    Expense Example, No Redemption, 3 Years rr_ExpenseExampleNoRedemptionYear03 658
    Expense Example, No Redemption, 5 Years rr_ExpenseExampleNoRedemptionYear05 955
    Expense Example, No Redemption, 10 Years rr_ExpenseExampleNoRedemptionYear10 $ 1,800
    Class T Prospectus | First Eagle Fund of America | Class Y  
    Risk/Return: rr_RiskReturnAbstract  
    Annual Return 2009 rr_AnnualReturn2009 26.13%
    Annual Return 2010 rr_AnnualReturn2010 21.33%
    Annual Return 2011 rr_AnnualReturn2011 (1.01%)
    Annual Return 2012 rr_AnnualReturn2012 21.16%
    Annual Return 2013 rr_AnnualReturn2013 31.04%
    Annual Return 2014 rr_AnnualReturn2014 10.32%
    Annual Return 2015 rr_AnnualReturn2015 (3.54%)
    Annual Return 2016 rr_AnnualReturn2016 (1.97%)
    Annual Return 2017 rr_AnnualReturn2017 21.77%
    Annual Return 2018 rr_AnnualReturn2018 (23.85%)
    1 Year rr_AverageAnnualReturnYear01 (23.85%)
    5 Years rr_AverageAnnualReturnYear05 (0.66%)
    10 Years rr_AverageAnnualReturnYear10 8.81%
    Class T Prospectus | First Eagle Fund of America | Class Y | After Taxes on Distributions  
    Risk/Return: rr_RiskReturnAbstract  
    1 Year rr_AverageAnnualReturnYear01 (27.35%)
    5 Years rr_AverageAnnualReturnYear05 (2.78%)
    10 Years rr_AverageAnnualReturnYear10 7.43%
    Class T Prospectus | First Eagle Fund of America | Class Y | After Taxes on Distributions and Sale of Fund Shares  
    Risk/Return: rr_RiskReturnAbstract  
    1 Year rr_AverageAnnualReturnYear01 (11.41%)
    5 Years rr_AverageAnnualReturnYear05 (0.30%)
    10 Years rr_AverageAnnualReturnYear10 7.30%
    [1] 0.90% of the first $2.25 billion of the Fund's average daily net assets, 0.85% of the next $2.75 billion of average daily net assets, and 0.80% of average daily net assets in excess of $5 billion.
    [2] "Other Expenses" shown generally reflect actual expenses for the Fund for the fiscal year ended October 31, 2018 and estimated expenses in the case of newly organized share classes.
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    Risk/Return: rr_RiskReturnAbstract  
    Prospectus Date rr_ProspectusDate Mar. 01, 2019
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    Multi-class Prospectus | First Eagle Gold Fund
    First Eagle Gold Fund
    Investment Objective

    First Eagle Gold Fund (“Gold Fund”) seeks to provide investors the opportunity to participate in the investment characteristics of gold (and to a limited extent other precious metals) for a portion of their overall investment portfolio.

    Fees and Expenses of the Gold Fund

    The following information describes the fees and expenses you may pay if you buy and hold shares of the Gold Fund.


    You may qualify for sales charge discounts if you, together with certain related accounts, invest, or agree to invest in the future, at least $25,000 in the Gold Fund. Information about these and other discounts is available from your financial professional and in the How to Purchase Shares and Public Offering Price of Class A Shares sections on pages 78 and 85, respectively, and in the appendix to this Prospectus titled Intermediary-Specific Front-End Sales Load and Waiver Terms.

    Shareholder Fees (fees paid directly from your investment)
    Shareholder Fees - Multi-class Prospectus - First Eagle Gold Fund
    Class A
    Class C
    Class I
    Class R3
    Class R4
    Class R5
    Class R6
    Maximum Sales Charge (Load) on Purchases (as a percentage of public offering price) 5.00% none none none none none none
    Maximum Deferred Sales Charge (Load) (as a percentage of the lesser of your purchase or redemption price) 1.00% [1] 1.00% none none none none none
    Redemption Fee (as a percentage of the amount redeemed within 60 days of purchase) 2.00% 2.00% 2.00% 2.00% 2.00% 2.00% 2.00%
    [1] A contingent deferred sales charge of 1.00% may apply on certain redemptions of Class A shares made within 18 months following a purchase of $1,000,000 or more without an initial sales charge.
    Annual Fund Operating Expenses (expenses you pay each year as a percentage of the value of your investment)
    Annual Fund Operating Expenses - Multi-class Prospectus - First Eagle Gold Fund
    Class A
    Class C
    Class I
    Class R3
    Class R4
    Class R5
    Class R6
    Management Fees 0.75% 0.75% 0.75% 0.75% 0.75% 0.75% 0.75%
    Distribution and/or Service (12b-1) Fees 0.25% 1.00% none 0.35% 0.10% none none
    Other Expenses [1] 0.29% 0.30% 0.25% 0.22% 0.31% 0.31% 0.16%
    Total Annual Operating Expenses (%) 1.29% 2.05% 1.00% 1.32% 1.16% 1.06% 0.91%
    [1] "Other Expenses" shown generally reflect actual expenses for the Fund for the fiscal year ended October 31, 2018 and estimated expenses in the case of newly organized share classes.
    Example

    The following example is intended to help you compare the cost of investing in the Gold Fund with the cost of investing in other mutual funds. This hypothetical example assumes you invest $10,000 in the Fund for the time periods indicated and then either redeem or do not redeem all shares at the end of those periods. The example also assumes the average annual return is 5% and operating expenses remain the same. Please keep in mind your actual costs may be higher or lower.

    Sold
    Expense Example - Multi-class Prospectus - First Eagle Gold Fund - USD ($)
    1 Year
    3 Years
    5 Years
    10 Years
    Class A 625 889 1,172 1,979
    Class C 308 643 1,103 2,379
    Class I 102 318 552 1,225
    Class R3 134 418 723 1,590
    Class R4 118 368 638 1,409
    Class R5 108 337 585 1,294
    Class R6 93 290 504 1,120
    Held
    Expense Example No Redemption - Multi-class Prospectus - First Eagle Gold Fund - USD ($)
    1 Year
    3 Years
    5 Years
    10 Years
    Class A 625 889 1,172 1,979
    Class C 208 643 1,103 2,379
    Class I 102 318 552 1,225
    Class R3 134 418 723 1,590
    Class R4 118 368 638 1,409
    Class R5 108 337 585 1,294
    Class R6 93 290 504 1,120
    Portfolio Turnover Rate

    The Gold Fund pays transaction costs, such as commissions, when it buys and sells securities (or “turns over” its portfolio). A higher portfolio turnover rate may indicate higher transaction costs and may result in higher taxes when Fund shares are held in a taxable account. These costs, which are not reflected in annual Fund operating expenses or in the example, affect the Fund’s performance. During the most recent fiscal year, the Fund’s portfolio turnover rate was 9.43% of the average value of its portfolio.

    Principal Investment Strategies

    To achieve its objective of providing investors the opportunity to participate in the investment characteristics of gold, the Gold Fund invests at least 80% of its net assets (plus any borrowings for investment purposes) in gold and/or securities (which may include both equity and, to a limited extent, debt instruments) directly related to gold or issuers principally engaged in the gold industry, including securities of gold mining finance companies as well as operating companies with long-, medium- or short-life mines. Up to 20% of the Fund’s assets may be invested in equity and, to a limited extent, debt instruments unrelated to gold or the gold industry. The Fund may invest up to 20% of its total assets in debt securities. Investment decisions for the Fund are made without regard to the capitalization (size) of the companies in which it invests. The Fund may invest in any size company, including large, medium and smaller companies. The Fund may also invest in fixed-income instruments (without regard to credit rating or time to maturity), short-term debt instruments, other precious metals, and futures contracts related to precious metals. The Fund “counts” relevant derivative positions towards its “80% of assets” allocation, and in doing so, values each position at the price at which it is held on the Fund’s books (generally market price).


    An investment in the Gold Fund is not intended to be a complete investment program. However, many investors believe that, historically, a limited exposure to investments in gold or gold-related instruments may provide some offset against the market impact of political and economic disruptions, as well as relieve inflationary or deflationary pressures.


    The Fund makes some investments through a special purpose trading subsidiary (the “Subsidiary”) and may invest up to 25% of its total assets in the Subsidiary. The Subsidiary is a wholly-owned and controlled subsidiary of the Fund, organized under the laws of the Cayman Islands as an exempted company. Generally, the Subsidiary will invest in commodities and related instruments (primarily gold bullion and other precious metals and related futures contracts). The Fund will invest in the Subsidiary in order to gain exposure to the commodities markets within the limitations of the federal tax laws, rules and regulations that apply to regulated investment companies. Unlike the Fund, the Subsidiary may invest without limitation in commodities and related instruments, however, the Subsidiary will comply with the same 1940 Act asset coverage requirements with respect to any investments in commodity-linked derivatives that are applicable to the Fund’s transactions in derivatives. In addition, to the extent applicable to the investment activities of the Subsidiary, the Subsidiary will be subject to the same fundamental investment restrictions and will follow the same compliance policies and procedures as the Fund. Compliance with the Fund’s investment restrictions generally will be measured on an aggregate basis in respect of the Fund’s and the Subsidiary’s portfolios. The Subsidiary will comply with the 1940 Act provisions governing affiliate transactions and custody of assets. The Fund is the sole shareholder of the Subsidiary and does not expect shares of the Subsidiary to be offered or sold to other investors.

    Principal Investment Risks

    As with any mutual fund investment, you may lose money by investing in the Gold Fund. The likelihood of loss may be greater if you invest for a shorter period of time. An investment in the Fund is not intended to be a complete investment program.


    Principal risks of investing in the Gold Fund, which could adversely affect its net asset value and total return, are:


     

     

    Market Risk — The value of the Fund’s portfolio holdings may fluctuate in response to events specific to the companies or markets in which the Fund invests, as well as economic, political, or social events in the United States or abroad.

     

     

    Gold Risk — The Fund may invest in both physical gold and the securities of companies in the gold mining sector. Prices of gold-related issues are susceptible to changes in U.S. and foreign regulatory policies, taxes, currencies, mining laws, inflation, and various other market conditions.

     

     

    Derivatives Risk — Futures contracts or other “derivatives,” including hedging strategies, present risks related to their significant price volatility and risk of default by the counterparty to the contract. To date, derivatives have been used mainly under a hedging program intended to reduce the impact of foreign exchange rate changes on the Fund’s value.

     

     

    Foreign Investment Risk — The Fund may invest in foreign investments. Foreign investments are susceptible to less politically, economically and socially stable environments, foreign currency and exchange rate changes, and adverse changes to government regulations. These risks may be more pronounced with respect to investments in emerging markets. Because of the Gold Fund’s policy of investing primarily in gold, securities directly related to gold and/or of companies engaged in the gold industry, a substantial part of the Gold Fund’s assets will generally be invested in securities of companies domiciled or operating in one or more foreign countries, including emerging markets.

     

     

    Diversification Risk — The Fund is a non-diversified mutual fund, and as a result, an investment in the Fund may expose your money to greater risks than if you invest in a diversified fund. The Fund may invest in a limited number of companies and industries, therefore gains or losses in a particular security may have a greater impact on their share price.

     

     

    Small and Medium-Size Company Risk — The Fund may invest in small and medium-size companies, the securities of which can be more volatile in price than those of larger companies. Positions in smaller companies, especially when the Fund is a large holder of a small company’s securities, also may be more difficult or expensive to trade. The Fund considers small companies to be companies with market capitalizations of less than $1 billion and medium-size companies to have market capitalizations of less than $10 billion.

     

     

    Credit and Interest Rate Risk — The value of the Fund’s portfolio may fluctuate in response to the risk that the issuer of a bond or other instrument will not be able to make payments of interest and principal when due. The Fund may invest in debt instruments that are below investment grade, commonly known as junk bonds, which are considered speculative, and carry a higher risk of default. In addition, fluctuations in interest rates can affect the value of debt instruments held by the Fund. An increase in interest rates tends to reduce the market value of debt instruments, while a decline in interest rates tends to increase their values. Longer-duration instruments tend to be more sensitive to interest rate changes than those with shorter durations.

     

     

    Currency Risk — Currency risk is the risk that foreign currencies will decline in value relative to that of the U.S. dollar and affect the Fund’s non-U.S. currencies or securities that trade in and receive revenue in non-U.S. currencies.

     

     

    Subsidiary Risk — By investing in the Subsidiary, the Fund is indirectly exposed to the risks associated with the Subsidiary’s investments. The Subsidiary is not registered under the 1940 Act and is not subject to all of the investor protections of the 1940 Act. Changes in the laws of the United States and/or the Cayman Islands could result in the inability of the Fund and/or the Subsidiary to operate as expected and could adversely affect the Fund.


    An investment in the Fund is not a bank deposit and is not insured or guaranteed by the Federal Deposit Insurance Corporation (FDIC) or any other government agency.


    For more information on the risks of investing in the Gold Fund, please see the More Information about the Funds’ Investments section.

    Investment Results

    The following information provides an indication of the risks of investing in the Gold Fund by showing changes in the Fund’s performance from year to year, and by showing how the Fund’s average annual returns for 1, 5 and 10 years compare with those of a broad measure of market performance. As with all mutual funds, past performance is not an indication of future performance (before or after taxes).


    After-tax returns are calculated using the highest individual federal income tax rate for each year, and do not reflect the effect of state and local taxes. Actual after-tax returns depend on your individual tax situation. After-tax returns are not relevant to investors in tax-deferred accounts, such as 401(k) plans or individual retirement accounts.


    Updated performance information is available at www.feim.com/individual-investors/fund/gold-fund or by calling 800.334.2143.


    The following bar chart assumes reinvestment of dividends and distributions and does not reflect any sales charges. If sales charges were included, the returns would be lower.

    Calendar Year Total Returns—Class A
    Bar Chart

     

     

     

     

     

     

     

     

     

    Best Quarter*

     

     

     

    Worst Quarter*

    First Quarter 2016

     

    32.55%

     

     

     

    Second Quarter 2013

     

    -32.24%

     

     

     

     

     


     

    *

     

    For the period presented in the bar chart above.

    Average Annual Total Returns as of December 31, 2018

    The following table discloses after-tax returns only for Class A shares.


    After-tax returns for Class C, Class I, Class R3, Class R4, Class R5 and Class R6 shares will vary. While no or only partial information is shown for Class R3, Class R4, Class R5 and Class R6 shares (because they have no or partial performance as of December 31, 2018), annual returns for Class R3, Class R4, Class R5 and Class R6 shares would have been substantially similar to those shown here. Class R3, Class R4, Class R5 and Class R6 shares are invested in the same portfolio of securities and the annual returns differ only to the extent that Class R3, Class R4, Class R5 and Class R6 shares do not have the same expenses as the classes for which more extended performance is shown. Comparative expense information is in the Fees and Expenses table.

    Average Annual Returns - Multi-class Prospectus - First Eagle Gold Fund
    1 Year
    5 Years
    10 Years
    Since Inception
    Inception Date
    Class A (20.10%) (1.40%) (2.45%)    
    Class C (17.42%) (1.18%) (2.71%)    
    Class I (15.69%) (0.11%) (1.70%)    
    Class R3       (10.58%) May 01, 2018
    Class R6 (15.55%)     (9.48%) Mar. 01, 2017
    After Taxes on Distributions | Class A (20.10%) (1.40%) (2.68%)    
    After Taxes on Distributions and Sale of Fund Shares | Class A (11.90%) (1.06%) (1.57%)    
    MSCI World Index | Class R3 (8.71%) 4.56% 9.67% (8.46%) May 01, 2018
    MSCI World Index | Class R6 (8.71%) 4.56% 9.67% 2.76% Mar. 01, 2017
    FTSE Gold Mines Index | Class R3 (11.31%) 0.58% (5.41%) (5.31%) May 01, 2018
    FTSE Gold Mines Index | Class R6 (11.31%) 0.58% (5.41%) (6.40%) Mar. 01, 2017
    XML 22 R33.htm IDEA: XBRL DOCUMENT v3.19.1
    Label Element Value
    Multi-class Prospectus | First Eagle Gold Fund  
    Risk/Return: rr_RiskReturnAbstract  
    Risk/Return [Heading] rr_RiskReturnHeading First Eagle Gold Fund
    Objective [Heading] rr_ObjectiveHeading Investment Objective
    Objective, Primary [Text Block] rr_ObjectivePrimaryTextBlock

    First Eagle Gold Fund (“Gold Fund”) seeks to provide investors the opportunity to participate in the investment characteristics of gold (and to a limited extent other precious metals) for a portion of their overall investment portfolio.

    Expense [Heading] rr_ExpenseHeading Fees and Expenses of the Gold Fund
    Expense Narrative [Text Block] rr_ExpenseNarrativeTextBlock

    The following information describes the fees and expenses you may pay if you buy and hold shares of the Gold Fund.


    You may qualify for sales charge discounts if you, together with certain related accounts, invest, or agree to invest in the future, at least $25,000 in the Gold Fund. Information about these and other discounts is available from your financial professional and in the How to Purchase Shares and Public Offering Price of Class A Shares sections on pages 78 and 85, respectively, and in the appendix to this Prospectus titled Intermediary-Specific Front-End Sales Load and Waiver Terms.

    Shareholder Fees Caption [Text] rr_ShareholderFeesCaption Shareholder Fees (fees paid directly from your investment)
    Operating Expenses Caption [Text] rr_OperatingExpensesCaption Annual Fund Operating Expenses (expenses you pay each year as a percentage of the value of your investment)
    Portfolio Turnover [Heading] rr_PortfolioTurnoverHeading Portfolio Turnover Rate
    Portfolio Turnover [Text Block] rr_PortfolioTurnoverTextBlock

    The Gold Fund pays transaction costs, such as commissions, when it buys and sells securities (or “turns over” its portfolio). A higher portfolio turnover rate may indicate higher transaction costs and may result in higher taxes when Fund shares are held in a taxable account. These costs, which are not reflected in annual Fund operating expenses or in the example, affect the Fund’s performance. During the most recent fiscal year, the Fund’s portfolio turnover rate was 9.43% of the average value of its portfolio.

    Portfolio Turnover, Rate rr_PortfolioTurnoverRate 9.43%
    Expense Breakpoint Discounts [Text] rr_ExpenseBreakpointDiscounts You may qualify for sales charge discounts if you, together with certain related accounts, invest, or agree to invest in the future, at least $25,000 in the Gold Fund.
    Expense Breakpoint, Minimum Investment Required [Amount] rr_ExpenseBreakpointMinimumInvestmentRequiredAmount $ 25,000
    Other Expenses, New Fund, Based on Estimates [Text] rr_OtherExpensesNewFundBasedOnEstimates “Other Expenses” shown generally reflect actual expenses for the Fund for the fiscal year ended October 31, 2018 and estimated expenses in the case of newly organized share classes.
    Expense Example [Heading] rr_ExpenseExampleHeading Example
    Expense Example Narrative [Text Block] rr_ExpenseExampleNarrativeTextBlock

    The following example is intended to help you compare the cost of investing in the Gold Fund with the cost of investing in other mutual funds. This hypothetical example assumes you invest $10,000 in the Fund for the time periods indicated and then either redeem or do not redeem all shares at the end of those periods. The example also assumes the average annual return is 5% and operating expenses remain the same. Please keep in mind your actual costs may be higher or lower.

    Expense Example by, Year, Caption [Text] rr_ExpenseExampleByYearCaption Sold
    Expense Example, No Redemption, By Year, Caption [Text] rr_ExpenseExampleNoRedemptionByYearCaption Held
    Strategy [Heading] rr_StrategyHeading Principal Investment Strategies
    Strategy Narrative [Text Block] rr_StrategyNarrativeTextBlock

    To achieve its objective of providing investors the opportunity to participate in the investment characteristics of gold, the Gold Fund invests at least 80% of its net assets (plus any borrowings for investment purposes) in gold and/or securities (which may include both equity and, to a limited extent, debt instruments) directly related to gold or issuers principally engaged in the gold industry, including securities of gold mining finance companies as well as operating companies with long-, medium- or short-life mines. Up to 20% of the Fund’s assets may be invested in equity and, to a limited extent, debt instruments unrelated to gold or the gold industry. The Fund may invest up to 20% of its total assets in debt securities. Investment decisions for the Fund are made without regard to the capitalization (size) of the companies in which it invests. The Fund may invest in any size company, including large, medium and smaller companies. The Fund may also invest in fixed-income instruments (without regard to credit rating or time to maturity), short-term debt instruments, other precious metals, and futures contracts related to precious metals. The Fund “counts” relevant derivative positions towards its “80% of assets” allocation, and in doing so, values each position at the price at which it is held on the Fund’s books (generally market price).


    An investment in the Gold Fund is not intended to be a complete investment program. However, many investors believe that, historically, a limited exposure to investments in gold or gold-related instruments may provide some offset against the market impact of political and economic disruptions, as well as relieve inflationary or deflationary pressures.


    The Fund makes some investments through a special purpose trading subsidiary (the “Subsidiary”) and may invest up to 25% of its total assets in the Subsidiary. The Subsidiary is a wholly-owned and controlled subsidiary of the Fund, organized under the laws of the Cayman Islands as an exempted company. Generally, the Subsidiary will invest in commodities and related instruments (primarily gold bullion and other precious metals and related futures contracts). The Fund will invest in the Subsidiary in order to gain exposure to the commodities markets within the limitations of the federal tax laws, rules and regulations that apply to regulated investment companies. Unlike the Fund, the Subsidiary may invest without limitation in commodities and related instruments, however, the Subsidiary will comply with the same 1940 Act asset coverage requirements with respect to any investments in commodity-linked derivatives that are applicable to the Fund’s transactions in derivatives. In addition, to the extent applicable to the investment activities of the Subsidiary, the Subsidiary will be subject to the same fundamental investment restrictions and will follow the same compliance policies and procedures as the Fund. Compliance with the Fund’s investment restrictions generally will be measured on an aggregate basis in respect of the Fund’s and the Subsidiary’s portfolios. The Subsidiary will comply with the 1940 Act provisions governing affiliate transactions and custody of assets. The Fund is the sole shareholder of the Subsidiary and does not expect shares of the Subsidiary to be offered or sold to other investors.

    Risk [Heading] rr_RiskHeading Principal Investment Risks
    Risk Narrative [Text Block] rr_RiskNarrativeTextBlock

    As with any mutual fund investment, you may lose money by investing in the Gold Fund. The likelihood of loss may be greater if you invest for a shorter period of time. An investment in the Fund is not intended to be a complete investment program.


    Principal risks of investing in the Gold Fund, which could adversely affect its net asset value and total return, are:


     

     

    Market Risk — The value of the Fund’s portfolio holdings may fluctuate in response to events specific to the companies or markets in which the Fund invests, as well as economic, political, or social events in the United States or abroad.

     

     

    Gold Risk — The Fund may invest in both physical gold and the securities of companies in the gold mining sector. Prices of gold-related issues are susceptible to changes in U.S. and foreign regulatory policies, taxes, currencies, mining laws, inflation, and various other market conditions.

     

     

    Derivatives Risk — Futures contracts or other “derivatives,” including hedging strategies, present risks related to their significant price volatility and risk of default by the counterparty to the contract. To date, derivatives have been used mainly under a hedging program intended to reduce the impact of foreign exchange rate changes on the Fund’s value.

     

     

    Foreign Investment Risk — The Fund may invest in foreign investments. Foreign investments are susceptible to less politically, economically and socially stable environments, foreign currency and exchange rate changes, and adverse changes to government regulations. These risks may be more pronounced with respect to investments in emerging markets. Because of the Gold Fund’s policy of investing primarily in gold, securities directly related to gold and/or of companies engaged in the gold industry, a substantial part of the Gold Fund’s assets will generally be invested in securities of companies domiciled or operating in one or more foreign countries, including emerging markets.

     

     

    Diversification Risk — The Fund is a non-diversified mutual fund, and as a result, an investment in the Fund may expose your money to greater risks than if you invest in a diversified fund. The Fund may invest in a limited number of companies and industries, therefore gains or losses in a particular security may have a greater impact on their share price.

     

     

    Small and Medium-Size Company Risk — The Fund may invest in small and medium-size companies, the securities of which can be more volatile in price than those of larger companies. Positions in smaller companies, especially when the Fund is a large holder of a small company’s securities, also may be more difficult or expensive to trade. The Fund considers small companies to be companies with market capitalizations of less than $1 billion and medium-size companies to have market capitalizations of less than $10 billion.

     

     

    Credit and Interest Rate Risk — The value of the Fund’s portfolio may fluctuate in response to the risk that the issuer of a bond or other instrument will not be able to make payments of interest and principal when due. The Fund may invest in debt instruments that are below investment grade, commonly known as junk bonds, which are considered speculative, and carry a higher risk of default. In addition, fluctuations in interest rates can affect the value of debt instruments held by the Fund. An increase in interest rates tends to reduce the market value of debt instruments, while a decline in interest rates tends to increase their values. Longer-duration instruments tend to be more sensitive to interest rate changes than those with shorter durations.

     

     

    Currency Risk — Currency risk is the risk that foreign currencies will decline in value relative to that of the U.S. dollar and affect the Fund’s non-U.S. currencies or securities that trade in and receive revenue in non-U.S. currencies.

     

     

    Subsidiary Risk — By investing in the Subsidiary, the Fund is indirectly exposed to the risks associated with the Subsidiary’s investments. The Subsidiary is not registered under the 1940 Act and is not subject to all of the investor protections of the 1940 Act. Changes in the laws of the United States and/or the Cayman Islands could result in the inability of the Fund and/or the Subsidiary to operate as expected and could adversely affect the Fund.


    An investment in the Fund is not a bank deposit and is not insured or guaranteed by the Federal Deposit Insurance Corporation (FDIC) or any other government agency.


    For more information on the risks of investing in the Gold Fund, please see the More Information about the Funds’ Investments section.

    Risk Lose Money [Text] rr_RiskLoseMoney As with any mutual fund investment, you may lose money by investing in the Gold Fund.
    Risk Nondiversified Status [Text] rr_RiskNondiversifiedStatus The Fund is a non-diversified mutual fund, and as a result, an investment in the Fund may expose your money to greater risks than if you invest in a diversified fund. The Fund may invest in a limited number of companies and industries, therefore gains or losses in a particular security may have a greater impact on their share price.
    Risk Not Insured Depository Institution [Text] rr_RiskNotInsuredDepositoryInstitution An investment in the Fund is not a bank deposit and is not insured or guaranteed by the Federal Deposit Insurance Corporation (FDIC) or any other government agency.
    Bar Chart and Performance Table [Heading] rr_BarChartAndPerformanceTableHeading Investment Results
    Performance Narrative [Text Block] rr_PerformanceNarrativeTextBlock

    The following information provides an indication of the risks of investing in the Gold Fund by showing changes in the Fund’s performance from year to year, and by showing how the Fund’s average annual returns for 1, 5 and 10 years compare with those of a broad measure of market performance. As with all mutual funds, past performance is not an indication of future performance (before or after taxes).


    After-tax returns are calculated using the highest individual federal income tax rate for each year, and do not reflect the effect of state and local taxes. Actual after-tax returns depend on your individual tax situation. After-tax returns are not relevant to investors in tax-deferred accounts, such as 401(k) plans or individual retirement accounts.


    Updated performance information is available at www.feim.com/individual-investors/fund/gold-fund or by calling 800.334.2143.


    The following bar chart assumes reinvestment of dividends and distributions and does not reflect any sales charges. If sales charges were included, the returns would be lower.

    Performance Information Illustrates Variability of Returns [Text] rr_PerformanceInformationIllustratesVariabilityOfReturns The following information provides an indication of the risks of investing in the Gold Fund by showing changes in the Fund’s performance from year to year, and by showing how the Fund’s average annual returns for 1, 5 and 10 years compare with those of a broad measure of market performance.
    Performance Availability Phone [Text] rr_PerformanceAvailabilityPhone 800.334.2143
    Performance Availability Website Address [Text] rr_PerformanceAvailabilityWebSiteAddress www.feim.com/individual-investors/fund/gold-fund
    Performance Past Does Not Indicate Future [Text] rr_PerformancePastDoesNotIndicateFuture As with all mutual funds, past performance is not an indication of future performance (before or after taxes).
    Bar Chart [Heading] rr_BarChartHeading Calendar Year Total Returns—Class A
    Bar Chart Does Not Reflect Sales Loads [Text] rr_BarChartDoesNotReflectSalesLoads The following bar chart assumes reinvestment of dividends and distributions and does not reflect any sales charges. If sales charges were included, the returns would be lower.
    Bar Chart Closing [Text Block] rr_BarChartClosingTextBlock

     

     

     

     

     

     

     

     

     

    Best Quarter*

     

     

     

    Worst Quarter*

    First Quarter 2016

     

    32.55%

     

     

     

    Second Quarter 2013

     

    -32.24%

     

     

     

     

     


     

    *

     

    For the period presented in the bar chart above.

    Highest Quarterly Return, Label rr_HighestQuarterlyReturnLabel Best Quarter
    Highest Quarterly Return, Date rr_BarChartHighestQuarterlyReturnDate Mar. 31, 2016
    Highest Quarterly Return rr_BarChartHighestQuarterlyReturn 32.55%
    Lowest Quarterly Return, Label rr_LowestQuarterlyReturnLabel Worst Quarter
    Lowest Quarterly Return, Date rr_BarChartLowestQuarterlyReturnDate Jun. 30, 2013
    Lowest Quarterly Return rr_BarChartLowestQuarterlyReturn (32.24%)
    Performance Table Uses Highest Federal Rate rr_PerformanceTableUsesHighestFederalRate After-tax returns are calculated using the highest individual federal income tax rate for each year, and do not reflect the effect of state and local taxes.
    Performance Table Not Relevant to Tax Deferred rr_PerformanceTableNotRelevantToTaxDeferred After-tax returns are not relevant to investors in tax-deferred accounts, such as 401(k) plans or individual retirement accounts.
    Performance Table One Class of after Tax Shown [Text] rr_PerformanceTableOneClassOfAfterTaxShown The following table discloses after-tax returns only for Class A shares. After-tax returns for Class C, Class I, Class R3, Class R4, Class R5 and Class R6 shares will vary.
    Performance Table Narrative rr_PerformanceTableNarrativeTextBlock

    The following table discloses after-tax returns only for Class A shares.


    After-tax returns for Class C, Class I, Class R3, Class R4, Class R5 and Class R6 shares will vary. While no or only partial information is shown for Class R3, Class R4, Class R5 and Class R6 shares (because they have no or partial performance as of December 31, 2018), annual returns for Class R3, Class R4, Class R5 and Class R6 shares would have been substantially similar to those shown here. Class R3, Class R4, Class R5 and Class R6 shares are invested in the same portfolio of securities and the annual returns differ only to the extent that Class R3, Class R4, Class R5 and Class R6 shares do not have the same expenses as the classes for which more extended performance is shown. Comparative expense information is in the Fees and Expenses table.

    Average Annual Return, Caption rr_AverageAnnualReturnCaption Average Annual Total Returns as of December 31, 2018
    Multi-class Prospectus | First Eagle Gold Fund | Class A  
    Risk/Return: rr_RiskReturnAbstract  
    Maximum Sales Charge (Load) on Purchases (as a percentage of public offering price) rr_MaximumSalesChargeImposedOnPurchasesOverOfferingPrice 5.00%
    Maximum Deferred Sales Charge (Load) (as a percentage of the lesser of your purchase or redemption price) rr_MaximumDeferredSalesChargeOverOfferingPrice 1.00% [1]
    Redemption Fee (as a percentage of Amount Redeemed) rr_RedemptionFeeOverRedemption (2.00%)
    Management Fees rr_ManagementFeesOverAssets 0.75%
    Distribution and/or Service (12b-1) Fees rr_DistributionAndService12b1FeesOverAssets 0.25%
    Other Expenses rr_OtherExpensesOverAssets 0.29% [2]
    Total Annual Operating Expenses (%) rr_ExpensesOverAssets 1.29%
    Expenses Deferred Charges [Text Block] rr_ExpensesDeferredChargesTextBlock A contingent deferred sales charge of 1.00% may apply on certain redemptions of Class A shares made within 18 months following a purchase of $1,000,000 or more without an initial sales charge.
    Expense Example, with Redemption, 1 Year rr_ExpenseExampleYear01 $ 625
    Expense Example, with Redemption, 3 Years rr_ExpenseExampleYear03 889
    Expense Example, with Redemption, 5 Years rr_ExpenseExampleYear05 1,172
    Expense Example, with Redemption, 10 Years rr_ExpenseExampleYear10 1,979
    Expense Example, No Redemption, 1 Year rr_ExpenseExampleNoRedemptionYear01 625
    Expense Example, No Redemption, 3 Years rr_ExpenseExampleNoRedemptionYear03 889
    Expense Example, No Redemption, 5 Years rr_ExpenseExampleNoRedemptionYear05 1,172
    Expense Example, No Redemption, 10 Years rr_ExpenseExampleNoRedemptionYear10 $ 1,979
    Annual Return 2009 rr_AnnualReturn2009 39.18%
    Annual Return 2010 rr_AnnualReturn2010 34.64%
    Annual Return 2011 rr_AnnualReturn2011 (11.13%)
    Annual Return 2012 rr_AnnualReturn2012 (5.15%)
    Annual Return 2013 rr_AnnualReturn2013 (46.99%)
    Annual Return 2014 rr_AnnualReturn2014 (2.41%)
    Annual Return 2015 rr_AnnualReturn2015 (19.28%)
    Annual Return 2016 rr_AnnualReturn2016 36.92%
    Annual Return 2017 rr_AnnualReturn2017 8.12%
    Annual Return 2018 rr_AnnualReturn2018 (15.90%)
    1 Year rr_AverageAnnualReturnYear01 (20.10%)
    5 Years rr_AverageAnnualReturnYear05 (1.40%)
    10 Years rr_AverageAnnualReturnYear10 (2.45%)
    Multi-class Prospectus | First Eagle Gold Fund | Class A | After Taxes on Distributions  
    Risk/Return: rr_RiskReturnAbstract  
    1 Year rr_AverageAnnualReturnYear01 (20.10%)
    5 Years rr_AverageAnnualReturnYear05 (1.40%)
    10 Years rr_AverageAnnualReturnYear10 (2.68%)
    Multi-class Prospectus | First Eagle Gold Fund | Class A | After Taxes on Distributions and Sale of Fund Shares  
    Risk/Return: rr_RiskReturnAbstract  
    1 Year rr_AverageAnnualReturnYear01 (11.90%)
    5 Years rr_AverageAnnualReturnYear05 (1.06%)
    10 Years rr_AverageAnnualReturnYear10 (1.57%)
    Multi-class Prospectus | First Eagle Gold Fund | Class C  
    Risk/Return: rr_RiskReturnAbstract  
    Maximum Sales Charge (Load) on Purchases (as a percentage of public offering price) rr_MaximumSalesChargeImposedOnPurchasesOverOfferingPrice none
    Maximum Deferred Sales Charge (Load) (as a percentage of the lesser of your purchase or redemption price) rr_MaximumDeferredSalesChargeOverOfferingPrice 1.00%
    Redemption Fee (as a percentage of Amount Redeemed) rr_RedemptionFeeOverRedemption (2.00%)
    Management Fees rr_ManagementFeesOverAssets 0.75%
    Distribution and/or Service (12b-1) Fees rr_DistributionAndService12b1FeesOverAssets 1.00%
    Other Expenses rr_OtherExpensesOverAssets 0.30% [2]
    Total Annual Operating Expenses (%) rr_ExpensesOverAssets 2.05%
    Expense Example, with Redemption, 1 Year rr_ExpenseExampleYear01 $ 308
    Expense Example, with Redemption, 3 Years rr_ExpenseExampleYear03 643
    Expense Example, with Redemption, 5 Years rr_ExpenseExampleYear05 1,103
    Expense Example, with Redemption, 10 Years rr_ExpenseExampleYear10 2,379
    Expense Example, No Redemption, 1 Year rr_ExpenseExampleNoRedemptionYear01 208
    Expense Example, No Redemption, 3 Years rr_ExpenseExampleNoRedemptionYear03 643
    Expense Example, No Redemption, 5 Years rr_ExpenseExampleNoRedemptionYear05 1,103
    Expense Example, No Redemption, 10 Years rr_ExpenseExampleNoRedemptionYear10 $ 2,379
    1 Year rr_AverageAnnualReturnYear01 (17.42%)
    5 Years rr_AverageAnnualReturnYear05 (1.18%)
    10 Years rr_AverageAnnualReturnYear10 (2.71%)
    Multi-class Prospectus | First Eagle Gold Fund | Class I  
    Risk/Return: rr_RiskReturnAbstract  
    Maximum Sales Charge (Load) on Purchases (as a percentage of public offering price) rr_MaximumSalesChargeImposedOnPurchasesOverOfferingPrice none
    Maximum Deferred Sales Charge (Load) (as a percentage of the lesser of your purchase or redemption price) rr_MaximumDeferredSalesChargeOverOfferingPrice none
    Redemption Fee (as a percentage of Amount Redeemed) rr_RedemptionFeeOverRedemption (2.00%)
    Management Fees rr_ManagementFeesOverAssets 0.75%
    Distribution and/or Service (12b-1) Fees rr_DistributionAndService12b1FeesOverAssets none
    Other Expenses rr_OtherExpensesOverAssets 0.25% [2]
    Total Annual Operating Expenses (%) rr_ExpensesOverAssets 1.00%
    Expense Example, with Redemption, 1 Year rr_ExpenseExampleYear01 $ 102
    Expense Example, with Redemption, 3 Years rr_ExpenseExampleYear03 318
    Expense Example, with Redemption, 5 Years rr_ExpenseExampleYear05 552
    Expense Example, with Redemption, 10 Years rr_ExpenseExampleYear10 1,225
    Expense Example, No Redemption, 1 Year rr_ExpenseExampleNoRedemptionYear01 102
    Expense Example, No Redemption, 3 Years rr_ExpenseExampleNoRedemptionYear03 318
    Expense Example, No Redemption, 5 Years rr_ExpenseExampleNoRedemptionYear05 552
    Expense Example, No Redemption, 10 Years rr_ExpenseExampleNoRedemptionYear10 $ 1,225
    1 Year rr_AverageAnnualReturnYear01 (15.69%)
    5 Years rr_AverageAnnualReturnYear05 (0.11%)
    10 Years rr_AverageAnnualReturnYear10 (1.70%)
    Multi-class Prospectus | First Eagle Gold Fund | Class R3  
    Risk/Return: rr_RiskReturnAbstract  
    Maximum Sales Charge (Load) on Purchases (as a percentage of public offering price) rr_MaximumSalesChargeImposedOnPurchasesOverOfferingPrice none
    Maximum Deferred Sales Charge (Load) (as a percentage of the lesser of your purchase or redemption price) rr_MaximumDeferredSalesChargeOverOfferingPrice none
    Redemption Fee (as a percentage of Amount Redeemed) rr_RedemptionFeeOverRedemption (2.00%)
    Management Fees rr_ManagementFeesOverAssets 0.75%
    Distribution and/or Service (12b-1) Fees rr_DistributionAndService12b1FeesOverAssets 0.35%
    Other Expenses rr_OtherExpensesOverAssets 0.22% [2]
    Total Annual Operating Expenses (%) rr_ExpensesOverAssets 1.32%
    Expense Example, with Redemption, 1 Year rr_ExpenseExampleYear01 $ 134
    Expense Example, with Redemption, 3 Years rr_ExpenseExampleYear03 418
    Expense Example, with Redemption, 5 Years rr_ExpenseExampleYear05 723
    Expense Example, with Redemption, 10 Years rr_ExpenseExampleYear10 1,590
    Expense Example, No Redemption, 1 Year rr_ExpenseExampleNoRedemptionYear01 134
    Expense Example, No Redemption, 3 Years rr_ExpenseExampleNoRedemptionYear03 418
    Expense Example, No Redemption, 5 Years rr_ExpenseExampleNoRedemptionYear05 723
    Expense Example, No Redemption, 10 Years rr_ExpenseExampleNoRedemptionYear10 $ 1,590
    Performance One Year or Less [Text] rr_PerformanceOneYearOrLess While no or only partial information is shown for Class R3, Class R4, Class R5 and Class R6 shares (because they have no or partial performance as of December 31, 2018), annual returns for Class R3, Class R4, Class R5 and Class R6 shares would have been substantially similar to those shown here.
    Since Inception rr_AverageAnnualReturnSinceInception (10.58%)
    Inception Date rr_AverageAnnualReturnInceptionDate May 01, 2018
    Multi-class Prospectus | First Eagle Gold Fund | Class R3 | MSCI World Index  
    Risk/Return: rr_RiskReturnAbstract  
    1 Year rr_AverageAnnualReturnYear01 (8.71%)
    5 Years rr_AverageAnnualReturnYear05 4.56%
    10 Years rr_AverageAnnualReturnYear10 9.67%
    Since Inception rr_AverageAnnualReturnSinceInception (8.46%)
    Inception Date rr_AverageAnnualReturnInceptionDate May 01, 2018
    Multi-class Prospectus | First Eagle Gold Fund | Class R3 | FTSE Gold Mines Index  
    Risk/Return: rr_RiskReturnAbstract  
    1 Year rr_AverageAnnualReturnYear01 (11.31%)
    5 Years rr_AverageAnnualReturnYear05 0.58%
    10 Years rr_AverageAnnualReturnYear10 (5.41%)
    Since Inception rr_AverageAnnualReturnSinceInception (5.31%)
    Inception Date rr_AverageAnnualReturnInceptionDate May 01, 2018
    Multi-class Prospectus | First Eagle Gold Fund | Class R4  
    Risk/Return: rr_RiskReturnAbstract  
    Maximum Sales Charge (Load) on Purchases (as a percentage of public offering price) rr_MaximumSalesChargeImposedOnPurchasesOverOfferingPrice none
    Maximum Deferred Sales Charge (Load) (as a percentage of the lesser of your purchase or redemption price) rr_MaximumDeferredSalesChargeOverOfferingPrice none
    Redemption Fee (as a percentage of Amount Redeemed) rr_RedemptionFeeOverRedemption (2.00%)
    Management Fees rr_ManagementFeesOverAssets 0.75%
    Distribution and/or Service (12b-1) Fees rr_DistributionAndService12b1FeesOverAssets 0.10%
    Other Expenses rr_OtherExpensesOverAssets 0.31% [2]
    Total Annual Operating Expenses (%) rr_ExpensesOverAssets 1.16%
    Expense Example, with Redemption, 1 Year rr_ExpenseExampleYear01 $ 118
    Expense Example, with Redemption, 3 Years rr_ExpenseExampleYear03 368
    Expense Example, with Redemption, 5 Years rr_ExpenseExampleYear05 638
    Expense Example, with Redemption, 10 Years rr_ExpenseExampleYear10 1,409
    Expense Example, No Redemption, 1 Year rr_ExpenseExampleNoRedemptionYear01 118
    Expense Example, No Redemption, 3 Years rr_ExpenseExampleNoRedemptionYear03 368
    Expense Example, No Redemption, 5 Years rr_ExpenseExampleNoRedemptionYear05 638
    Expense Example, No Redemption, 10 Years rr_ExpenseExampleNoRedemptionYear10 $ 1,409
    Performance One Year or Less [Text] rr_PerformanceOneYearOrLess While no or only partial information is shown for Class R3, Class R4, Class R5 and Class R6 shares (because they have no or partial performance as of December 31, 2018), annual returns for Class R3, Class R4, Class R5 and Class R6 shares would have been substantially similar to those shown here.
    Multi-class Prospectus | First Eagle Gold Fund | Class R5  
    Risk/Return: rr_RiskReturnAbstract  
    Maximum Sales Charge (Load) on Purchases (as a percentage of public offering price) rr_MaximumSalesChargeImposedOnPurchasesOverOfferingPrice none
    Maximum Deferred Sales Charge (Load) (as a percentage of the lesser of your purchase or redemption price) rr_MaximumDeferredSalesChargeOverOfferingPrice none
    Redemption Fee (as a percentage of Amount Redeemed) rr_RedemptionFeeOverRedemption (2.00%)
    Management Fees rr_ManagementFeesOverAssets 0.75%
    Distribution and/or Service (12b-1) Fees rr_DistributionAndService12b1FeesOverAssets none
    Other Expenses rr_OtherExpensesOverAssets 0.31% [2]
    Total Annual Operating Expenses (%) rr_ExpensesOverAssets 1.06%
    Expense Example, with Redemption, 1 Year rr_ExpenseExampleYear01 $ 108
    Expense Example, with Redemption, 3 Years rr_ExpenseExampleYear03 337
    Expense Example, with Redemption, 5 Years rr_ExpenseExampleYear05 585
    Expense Example, with Redemption, 10 Years rr_ExpenseExampleYear10 1,294
    Expense Example, No Redemption, 1 Year rr_ExpenseExampleNoRedemptionYear01 108
    Expense Example, No Redemption, 3 Years rr_ExpenseExampleNoRedemptionYear03 337
    Expense Example, No Redemption, 5 Years rr_ExpenseExampleNoRedemptionYear05 585
    Expense Example, No Redemption, 10 Years rr_ExpenseExampleNoRedemptionYear10 $ 1,294
    Performance One Year or Less [Text] rr_PerformanceOneYearOrLess While no or only partial information is shown for Class R3, Class R4, Class R5 and Class R6 shares (because they have no or partial performance as of December 31, 2018), annual returns for Class R3, Class R4, Class R5 and Class R6 shares would have been substantially similar to those shown here.
    Multi-class Prospectus | First Eagle Gold Fund | Class R6  
    Risk/Return: rr_RiskReturnAbstract  
    Maximum Sales Charge (Load) on Purchases (as a percentage of public offering price) rr_MaximumSalesChargeImposedOnPurchasesOverOfferingPrice none
    Maximum Deferred Sales Charge (Load) (as a percentage of the lesser of your purchase or redemption price) rr_MaximumDeferredSalesChargeOverOfferingPrice none
    Redemption Fee (as a percentage of Amount Redeemed) rr_RedemptionFeeOverRedemption (2.00%)
    Management Fees rr_ManagementFeesOverAssets 0.75%
    Distribution and/or Service (12b-1) Fees rr_DistributionAndService12b1FeesOverAssets none
    Other Expenses rr_OtherExpensesOverAssets 0.16% [2]
    Total Annual Operating Expenses (%) rr_ExpensesOverAssets 0.91%
    Expense Example, with Redemption, 1 Year rr_ExpenseExampleYear01 $ 93
    Expense Example, with Redemption, 3 Years rr_ExpenseExampleYear03 290
    Expense Example, with Redemption, 5 Years rr_ExpenseExampleYear05 504
    Expense Example, with Redemption, 10 Years rr_ExpenseExampleYear10 1,120
    Expense Example, No Redemption, 1 Year rr_ExpenseExampleNoRedemptionYear01 93
    Expense Example, No Redemption, 3 Years rr_ExpenseExampleNoRedemptionYear03 290
    Expense Example, No Redemption, 5 Years rr_ExpenseExampleNoRedemptionYear05 504
    Expense Example, No Redemption, 10 Years rr_ExpenseExampleNoRedemptionYear10 $ 1,120
    Performance One Year or Less [Text] rr_PerformanceOneYearOrLess While no or only partial information is shown for Class R3, Class R4, Class R5 and Class R6 shares (because they have no or partial performance as of December 31, 2018), annual returns for Class R3, Class R4, Class R5 and Class R6 shares would have been substantially similar to those shown here.
    1 Year rr_AverageAnnualReturnYear01 (15.55%)
    Since Inception rr_AverageAnnualReturnSinceInception (9.48%)
    Inception Date rr_AverageAnnualReturnInceptionDate Mar. 01, 2017
    Multi-class Prospectus | First Eagle Gold Fund | Class R6 | MSCI World Index  
    Risk/Return: rr_RiskReturnAbstract  
    1 Year rr_AverageAnnualReturnYear01 (8.71%)
    5 Years rr_AverageAnnualReturnYear05 4.56%
    10 Years rr_AverageAnnualReturnYear10 9.67%
    Since Inception rr_AverageAnnualReturnSinceInception 2.76%
    Inception Date rr_AverageAnnualReturnInceptionDate Mar. 01, 2017
    Multi-class Prospectus | First Eagle Gold Fund | Class R6 | FTSE Gold Mines Index  
    Risk/Return: rr_RiskReturnAbstract  
    1 Year rr_AverageAnnualReturnYear01 (11.31%)
    5 Years rr_AverageAnnualReturnYear05 0.58%
    10 Years rr_AverageAnnualReturnYear10 (5.41%)
    Since Inception rr_AverageAnnualReturnSinceInception (6.40%)
    Inception Date rr_AverageAnnualReturnInceptionDate Mar. 01, 2017
    [1] A contingent deferred sales charge of 1.00% may apply on certain redemptions of Class A shares made within 18 months following a purchase of $1,000,000 or more without an initial sales charge.
    [2] "Other Expenses" shown generally reflect actual expenses for the Fund for the fiscal year ended October 31, 2018 and estimated expenses in the case of newly organized share classes.
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    Multi-class Prospectus | First Eagle Global Income Builder Fund
    First Eagle Global Income Builder Fund
    Investment Objective

    First Eagle Global Income Builder Fund (“Global Income Builder Fund”) seeks current income generation and long-term growth of capital.

    Fees and Expenses of the Global Income Builder Fund

    The following information describes the fees and expenses you may pay if you buy and hold shares of the Global Income Builder Fund.


    You may qualify for sales charge discounts if you, together with certain related accounts, invest, or agree to invest in the future, at least $25,000 in the Global Income Builder Fund. Information about these and other discounts is available from your financial professional and in the How to Purchase Shares and Public Offering Price of Class A Shares sections on pages 78 and 85, respectively, and in the appendix to this Prospectus titled Intermediary-Specific Front-End Sales Load and Waiver Terms.

    Shareholder Fees (fees paid directly from your investment)
    Shareholder Fees - Multi-class Prospectus - First Eagle Global Income Builder Fund
    Class A
    Class C
    Class I
    Class R3
    Class R4
    Class R5
    Class R6
    Maximum Sales Charge (Load) on Purchases (as a percentage of public offering price) 5.00% none none none none none none
    Maximum Deferred Sales Charge (Load) (as a percentage of the lesser of your purchase or redemption price) 1.00% [1] 1.00% none none none none none
    [1] A contingent deferred sales charge of 1.00% may apply on certain redemptions of Class A shares made within 18 months following a purchase of $1,000,000 or more without an initial sales charge.
    Annual Fund Operating Expenses (expenses you pay each year as a percentage of the value of your investment)
    Annual Fund Operating Expenses - Multi-class Prospectus - First Eagle Global Income Builder Fund
    Class A
    Class C
    Class I
    Class R3
    Class R4
    Class R5
    Class R6
    Management Fees 0.75% 0.75% 0.75% 0.75% 0.75% 0.75% 0.75%
    Distribution and/or Service (12b-1) Fees 0.25% 1.00% none 0.35% 0.10% none none
    Other Expenses [1] 0.18% 0.18% 0.17% 0.17% 0.28% 0.28% 0.13%
    Total Annual Fund Operating Expenses (%) 1.18% 1.93% 0.92% 1.27% 1.13% 1.03% 0.88%
    [1] "Other Expenses" shown generally reflect actual expenses for the Fund for the fiscal year ended October 31, 2018 and estimated expenses in the case of newly organized share classes.
    Example

    The following example is intended to help you compare the cost of investing in the Global Income Builder Fund with the cost of investing in other mutual funds. This hypothetical example assumes you invest $10,000 in the Fund for the time periods indicated and then either redeem or do not redeem all shares at the end of those periods. The example also assumes the average annual return is 5% and operating expenses remain the same. Please keep in mind your actual costs may be higher or lower.

    Sold
    Expense Example - Multi-class Prospectus - First Eagle Global Income Builder Fund - USD ($)
    1 Year
    3 Years
    5 Years
    10 Years
    Class A 614 856 1,117 1,860
    Class C 296 606 1,042 2,254
    Class I 94 293 509 1,131
    Class R3 129 403 697 1,534
    Class R4 115 359 622 1,375
    Class R5 105 328 569 1,259
    Class R6 90 281 488 1,084
    Held
    Expense Example No Redemption - Multi-class Prospectus - First Eagle Global Income Builder Fund - USD ($)
    1 Year
    3 Years
    5 Years
    10 Years
    Class A 614 856 1,117 1,860
    Class C 196 606 1,042 2,254
    Class I 94 293 509 1,131
    Class R3 129 403 697 1,534
    Class R4 115 359 622 1,375
    Class R5 105 328 569 1,259
    Class R6 90 281 488 1,084
    Portfolio Turnover Rate

    There are transaction costs due to the bid/ask spread in the case of bonds or commissions in the case of stocks. The Global Income Builder Fund pays transaction costs when the Fund buys and sells securities (or “turns over” its portfolio). A higher portfolio turnover rate may indicate higher transaction costs and may result in higher taxes when Fund shares are held in a taxable account. These costs, which are not reflected in annual fund operating expenses or in the Example, affect the Fund’s performance. During the Fund’s most recent fiscal year, the Fund’s portfolio turnover rate was 22.15% of the average value of its portfolio.

    Principal Investment Strategies

    To achieve its objective of current income generation and long-term growth of capital, the Global Income Builder Fund will normally invest primarily in common stocks of U.S. and foreign companies that offer attractive dividend yields as well as a range of fixed income instruments, including high-yield, below investment grade instruments (commonly referred to as “junk bonds”), investment grade instruments and sovereign debt, from markets in the United States and multiple countries around the world.


    Investment decisions for the Global Income Builder Fund are made without regard to the capitalization (size) of the companies in which it invests. The Fund may invest in any size company, including large, medium and smaller companies. Under normal circumstances, the Fund anticipates it will allocate a substantial amount of its assets to income-producing securities. That generally means that approximately 80% or more of the Fund’s net assets (plus any borrowings for investment purposes) will be allocated to such investments, which may include dividend paying equities, both high-yield (below investment grade) and investment grade debt, sovereign bonds, and various short-term debt instruments. The Fund may invest in securities with any maturity or investment rating, as well as unrated securities. The Fund may also invest (typically for hedging purposes) in derivative instruments such as options, futures contracts and options on futures contracts, credit default swaps, and swaps and options on indices.


    Additionally, under normal circumstances, the Fund anticipates it will allocate a substantial amount of its assets to foreign investments. That generally means that approximately 40% or more of the Fund’s net assets (plus any borrowings for investment purposes) will be allocated to foreign investments (unless market conditions are not deemed favorable by the Fund, in which case the Fund expects to invest at least 30% of its net assets (plus any borrowings for investment purposes) in foreign investments). For purposes of these 80%, 40% and 30% of assets allocations, the Fund “counts” relevant derivative positions on investments, and in doing so, values each position at the price at which it is held on the Fund’s books (generally market price).


    The investment philosophy and strategy of the Global Income Builder Fund can be broadly characterized as a “value” approach, as it seeks a “margin of safety” in each investment purchase with the goal being to avoid permanent impairment of capital (as opposed to temporary losses in share value relating to shifting investor sentiment or other normal share price volatility). With respect to equity investments in particular, a discount to “intrinsic value” is sought even for what appear to be the best of businesses, with a deeper discount demanded for companies that we view as under business model, balance sheet, management or other stresses. “Intrinsic value” is based on our judgment of what a prudent and rational business buyer would pay in cash for all of the company in normal markets. Investments in debt instruments are made after careful scrutiny of the underlying creditworthiness of the issuer, taking into account such factors as cash flow generation, liquidation value and structural protections. The Global Income Builder Fund seeks to own debt instruments that offer an attractive “margin of safety” on principal repayment relative to the total expected return of the security.

    Principal Investment Risks

    As with any mutual fund investment, you may lose money by investing in the Global Income Builder Fund. The likelihood of loss may be greater if you invest for a shorter period of time. An investment in the Fund is not intended to be a complete investment program.


    Principal risks of investing in the Global Income Builder Fund, which could adversely affect its net asset value and total return, are:


     

     

    Market Risk — The value of the Fund’s portfolio holdings may fluctuate in response to events specific to the companies or markets in which the Fund invests, as well as economic, political, or social events in the United States or abroad.

     

     

    Foreign Investment Risk — The Fund will invest in foreign investments. Foreign investments can be susceptible to less politically, economically and socially stable environments, foreign currency and exchange rate changes, and adverse changes to government regulations.

     

     

    Credit and Interest Rate Risk — The value of the Fund’s portfolio may fluctuate in response to the risk that the issuer of a bond or other instrument will not be able to make payments of interest and principal when due. In addition, fluctuations in interest rates can affect the value of debt instruments held by the Fund. An increase in interest rates tends to reduce the market value of debt instruments, while a decline in interest rates tends to increase their values. Longer-duration instruments tend to be more sensitive to interest rate changes than those with shorter durations.

     

     

    Prepayment Risk — Certain instruments, especially mortgage-backed securities, for example, are susceptible to the risk of prepayment by borrowers. During a period of declining interest rates, homeowners may refinance their high-rate mortgages and prepay the principal. Cash from these prepayments flows through to prepay the mortgage-backed securities, necessitating reinvestment in other assets, which may lower returns. Asset-backed securities, which are subject to risks similar to those of mortgage-backed securities, are also structured like mortgage-backed securities, but instead of mortgage loans or interests in mortgage loans, the underlying assets may include such items as motor vehicle installment sales or installment loan contracts, leases of various types of real and personal property and receivables from credit card agreements. The market for mortgage-backed and asset-backed instruments may be volatile and limited, which may make them difficult to buy or sell.

     

     

    Changes in Debt Ratings Risk — If a rating agency gives a debt instrument a lower rating, the value of the instrument may decline because investors may demand a higher rate of return.

     

     

    Defaulted Securities Risk — The Fund may invest in securities of companies that are experiencing significant financial or business difficulties, including companies involved in bankruptcy or other reorganization and liquidation proceedings. Such investments involve a substantial degree of risk. In any reorganization or liquidation proceeding relating to a company in which the Fund invests, the Fund may lose its entire investment, may be required to accept cash or securities with a value less than the Fund’s original investment, and/or may be required to accept payment over an extended period of time.

     

     

    Convertible Security Risk — Convertible securities generally offer lower interest or dividend yields than non-convertible securities of similar quality. Convertible securities may gain or lose value due to changes in the issuer’s operating results, financial condition and credit rating and changes in interest rates and other general economic, industry and market conditions.

     

     

    High Yield Risk — The Fund intends to invest in high yield instruments (commonly known as “junk bonds”) which may be subject to greater levels of interest rate, credit (including issuer default) and liquidity risk than investment grade instruments and may experience extreme price fluctuations. The securities of such companies may be considered speculative and the ability of such companies to pay their debts on schedule may be uncertain.

     

     

    Gold Risk — The Fund may invest in both physical gold and the securities of companies in the gold mining sector. Prices of gold-related issues are susceptible to changes in U.S. and foreign regulatory policies, taxes, currencies, mining laws, inflation, and various other market conditions.


     

     

    Derivatives Risk — Futures contracts or other “derivatives,” including hedging strategies, present risks related to their significant price volatility and risk of default by the counterparty to the contract. To date, derivatives have been used mainly under a hedging program that seeks to reduce the impact of foreign exchange rate changes on the Fund’s value. The Fund may at times also purchase derivatives linked to relevant market indices as either a hedge or for investment purposes.

     

     

    Currency Risk — Currency risk is the risk that foreign currencies will decline in value relative to that of the U.S. dollar and affect the Fund’s non-U.S. currencies or securities that trade in and receive revenue in non-U.S. currencies.

     

     

    Small and Medium-Size Company Risk — The Fund may invest in small and medium-size companies, the securities of which can be more volatile in price than those of larger companies. Positions in smaller companies, especially when the Fund is a large holder of a small company’s securities, also may be more difficult or expensive to trade. The Fund considers small companies to be companies with market capitalizations of less than $1 billion and medium-size companies to have market capitalizations of less than $10 billion.

     

     

    Bank Loan Risk — The Fund may invest in bank loans. These investments potentially expose the Fund to the credit risk of the underlying borrower, and in certain cases, of the financial institution. The Fund’s ability to receive payments in connection with the loan depends primarily on the financial condition of the borrower. The market for bank loans may be illiquid and the Fund may have difficulty selling them, especially in the case of leveraged loans, which can be difficult to value. In addition, bank loans often have contractual restrictions on resale, which can delay the sale and adversely impact the sale price. At times, the Fund may decline to receive non-public information relating to loans, which could disadvantage the Fund relative to other investors.

     

     

    Real Estate Industry Risk — The Fund may invest in real estate investment trusts (“REITs”), which are subject to risks affecting the real estate industry generally (including market conditions, competition, property obsolescence, changes in interest rates and casualty to real estate), as well as risks specifically affecting REITs (the quality and skill of REIT management and the internal expenses of the REIT).


    An investment in the Fund is not a bank deposit and is not insured or guaranteed by the Federal Deposit Insurance Corporation (FDIC) or any other government agency.


    For more information on the risks of investing in the Global Income Builder Fund, please see the More Information about the Funds’ Investments section.

    Investment Results

    The following information provides an indication of the risks of investing in the Global Income Builder Fund by showing changes in the Fund’s performance from year to year, and by showing how the Fund’s average annual returns for the periods shown compare with those of a broad measure of market performance. As with all mutual funds, past performance is not an indication of future performance (before or after taxes).


    After-tax returns are calculated using the highest individual federal income tax rate for each year, and do not reflect the effect of state and local taxes. Actual after-tax returns depend on your individual tax situation. After-tax returns are not relevant to investors in tax-deferred accounts, such as 401(k) plans or individual retirement accounts.


    Updated performance information is available at www.feim.com/individual-investors/fund/global-income-builder-fund or by calling 800.334.2143.


    The following bar chart assumes reinvestment of dividends and distributions and does not reflect any sales charges. If sales charges were included, the returns would be lower.

    Calendar Year Total Returns—Class A
    Bar Chart

     

     

     

     

     

     

     

     

     

    Best Quarter*

     

     

     

    Worst Quarter*

    Third Quarter 2013

     

    5.09%

     

     

     

    Fourth Quarter 2018

     

    -6.48%

     

     

     

     

     


     

    *

     

    For the period presented in the bar chart above.

    Average Annual Total Returns as of December 31, 2018

    The following table discloses after-tax returns only for Class A shares.


    After-tax returns for Class C, Class I, Class R3, Class R4, Class R5 and Class R6 shares will vary. While no or only partial information is shown for Class R3, Class R4, Class R5 and Class R6 shares (because they have no or partial performance as of December 31, 2018), annual returns for Class R3, Class R4, Class R5 and Class R6 shares would have been substantially similar to those shown here. Class R3, Class R4, Class R5 and Class R6 shares are invested in the same portfolio of securities and the annual returns differ only to the extent that Class R3, Class R4, Class R5 and Class R6 shares do not have the same expenses as the classes for which more extended performance is shown. Comparative expense information is in the Fees and Expenses table.

    Average Annual Returns - Multi-class Prospectus - First Eagle Global Income Builder Fund
    1 Year
    5 Years
    Since Inception
    Inception Date
    Class A (11.18%) 1.80% 4.03% May 01, 2012
    Class C (8.13%) 2.07% 4.05% May 01, 2012
    Class I (6.18%) 3.12% 5.11% May 01, 2012
    Class R3     (5.77%) May 01, 2018
    Class R6 (6.23%)   1.25% Mar. 01, 2017
    After Taxes on Distributions | Class A (11.61%) 0.78% 2.99%  
    After Taxes on Distributions and Sale of Fund Shares | Class A (6.41%) 1.08% 2.81%  
    60% MSCI World Index/40% Bloomberg Barclays U.S. Aggregate Bond Index | Class R3 (5.07%) 3.90% (4.09%) May 01, 2018
    60% MSCI World Index/40% Bloomberg Barclays U.S. Aggregate Bond Index | Class R6 (5.07%) 3.90% 2.51% Mar. 01, 2017
    60% MSCI World Index/40% Bloomberg Barclays U.S. Aggregate Bond Index (5.07%) 3.90% 5.67% May 01, 2012
    MSCI World Index | Class R3 (8.71%) 4.56% (8.46%) May 01, 2018
    MSCI World Index | Class R6 (8.71%) 4.56% 2.76% Mar. 01, 2017
    MSCI World Index (8.71%) 4.56% 7.86% May 01, 2012
    Bloomberg Barclays U.S. Aggregate Bond Index | Class R3 0.01% 2.52% 2.49% May 01, 2018
    Bloomberg Barclays U.S. Aggregate Bond Index | Class R6 0.01% 2.52% 1.75% Mar. 01, 2017
    Bloomberg Barclays U.S. Aggregate Bond Index 0.01% 2.52% 2.00% May 01, 2012
    XML 25 R41.htm IDEA: XBRL DOCUMENT v3.19.1
    Label Element Value
    Multi-class Prospectus | First Eagle Global Income Builder Fund  
    Risk/Return: rr_RiskReturnAbstract  
    Risk/Return [Heading] rr_RiskReturnHeading First Eagle Global Income Builder Fund
    Objective [Heading] rr_ObjectiveHeading Investment Objective
    Objective, Primary [Text Block] rr_ObjectivePrimaryTextBlock

    First Eagle Global Income Builder Fund (“Global Income Builder Fund”) seeks current income generation and long-term growth of capital.

    Expense [Heading] rr_ExpenseHeading Fees and Expenses of the Global Income Builder Fund
    Expense Narrative [Text Block] rr_ExpenseNarrativeTextBlock

    The following information describes the fees and expenses you may pay if you buy and hold shares of the Global Income Builder Fund.


    You may qualify for sales charge discounts if you, together with certain related accounts, invest, or agree to invest in the future, at least $25,000 in the Global Income Builder Fund. Information about these and other discounts is available from your financial professional and in the How to Purchase Shares and Public Offering Price of Class A Shares sections on pages 78 and 85, respectively, and in the appendix to this Prospectus titled Intermediary-Specific Front-End Sales Load and Waiver Terms.

    Shareholder Fees Caption [Text] rr_ShareholderFeesCaption Shareholder Fees (fees paid directly from your investment)
    Operating Expenses Caption [Text] rr_OperatingExpensesCaption Annual Fund Operating Expenses (expenses you pay each year as a percentage of the value of your investment)
    Portfolio Turnover [Heading] rr_PortfolioTurnoverHeading Portfolio Turnover Rate
    Portfolio Turnover [Text Block] rr_PortfolioTurnoverTextBlock

    There are transaction costs due to the bid/ask spread in the case of bonds or commissions in the case of stocks. The Global Income Builder Fund pays transaction costs when the Fund buys and sells securities (or “turns over” its portfolio). A higher portfolio turnover rate may indicate higher transaction costs and may result in higher taxes when Fund shares are held in a taxable account. These costs, which are not reflected in annual fund operating expenses or in the Example, affect the Fund’s performance. During the Fund’s most recent fiscal year, the Fund’s portfolio turnover rate was 22.15% of the average value of its portfolio.

    Portfolio Turnover, Rate rr_PortfolioTurnoverRate 22.15%
    Expense Breakpoint Discounts [Text] rr_ExpenseBreakpointDiscounts You may qualify for sales charge discounts if you, together with certain related accounts, invest, or agree to invest in the future, at least $25,000 in the Global Income Builder Fund.
    Expense Breakpoint, Minimum Investment Required [Amount] rr_ExpenseBreakpointMinimumInvestmentRequiredAmount $ 25,000
    Other Expenses, New Fund, Based on Estimates [Text] rr_OtherExpensesNewFundBasedOnEstimates “Other Expenses” shown generally reflect actual expenses for the Fund for the fiscal year ended October 31, 2018 and estimated expenses in the case of newly organized share classes.
    Expense Example [Heading] rr_ExpenseExampleHeading Example
    Expense Example Narrative [Text Block] rr_ExpenseExampleNarrativeTextBlock

    The following example is intended to help you compare the cost of investing in the Global Income Builder Fund with the cost of investing in other mutual funds. This hypothetical example assumes you invest $10,000 in the Fund for the time periods indicated and then either redeem or do not redeem all shares at the end of those periods. The example also assumes the average annual return is 5% and operating expenses remain the same. Please keep in mind your actual costs may be higher or lower.

    Expense Example by, Year, Caption [Text] rr_ExpenseExampleByYearCaption Sold
    Expense Example, No Redemption, By Year, Caption [Text] rr_ExpenseExampleNoRedemptionByYearCaption Held
    Strategy [Heading] rr_StrategyHeading Principal Investment Strategies
    Strategy Narrative [Text Block] rr_StrategyNarrativeTextBlock

    To achieve its objective of current income generation and long-term growth of capital, the Global Income Builder Fund will normally invest primarily in common stocks of U.S. and foreign companies that offer attractive dividend yields as well as a range of fixed income instruments, including high-yield, below investment grade instruments (commonly referred to as “junk bonds”), investment grade instruments and sovereign debt, from markets in the United States and multiple countries around the world.


    Investment decisions for the Global Income Builder Fund are made without regard to the capitalization (size) of the companies in which it invests. The Fund may invest in any size company, including large, medium and smaller companies. Under normal circumstances, the Fund anticipates it will allocate a substantial amount of its assets to income-producing securities. That generally means that approximately 80% or more of the Fund’s net assets (plus any borrowings for investment purposes) will be allocated to such investments, which may include dividend paying equities, both high-yield (below investment grade) and investment grade debt, sovereign bonds, and various short-term debt instruments. The Fund may invest in securities with any maturity or investment rating, as well as unrated securities. The Fund may also invest (typically for hedging purposes) in derivative instruments such as options, futures contracts and options on futures contracts, credit default swaps, and swaps and options on indices.


    Additionally, under normal circumstances, the Fund anticipates it will allocate a substantial amount of its assets to foreign investments. That generally means that approximately 40% or more of the Fund’s net assets (plus any borrowings for investment purposes) will be allocated to foreign investments (unless market conditions are not deemed favorable by the Fund, in which case the Fund expects to invest at least 30% of its net assets (plus any borrowings for investment purposes) in foreign investments). For purposes of these 80%, 40% and 30% of assets allocations, the Fund “counts” relevant derivative positions on investments, and in doing so, values each position at the price at which it is held on the Fund’s books (generally market price).


    The investment philosophy and strategy of the Global Income Builder Fund can be broadly characterized as a “value” approach, as it seeks a “margin of safety” in each investment purchase with the goal being to avoid permanent impairment of capital (as opposed to temporary losses in share value relating to shifting investor sentiment or other normal share price volatility). With respect to equity investments in particular, a discount to “intrinsic value” is sought even for what appear to be the best of businesses, with a deeper discount demanded for companies that we view as under business model, balance sheet, management or other stresses. “Intrinsic value” is based on our judgment of what a prudent and rational business buyer would pay in cash for all of the company in normal markets. Investments in debt instruments are made after careful scrutiny of the underlying creditworthiness of the issuer, taking into account such factors as cash flow generation, liquidation value and structural protections. The Global Income Builder Fund seeks to own debt instruments that offer an attractive “margin of safety” on principal repayment relative to the total expected return of the security.

    Risk [Heading] rr_RiskHeading Principal Investment Risks
    Risk Narrative [Text Block] rr_RiskNarrativeTextBlock

    As with any mutual fund investment, you may lose money by investing in the Global Income Builder Fund. The likelihood of loss may be greater if you invest for a shorter period of time. An investment in the Fund is not intended to be a complete investment program.


    Principal risks of investing in the Global Income Builder Fund, which could adversely affect its net asset value and total return, are:


     

     

    Market Risk — The value of the Fund’s portfolio holdings may fluctuate in response to events specific to the companies or markets in which the Fund invests, as well as economic, political, or social events in the United States or abroad.

     

     

    Foreign Investment Risk — The Fund will invest in foreign investments. Foreign investments can be susceptible to less politically, economically and socially stable environments, foreign currency and exchange rate changes, and adverse changes to government regulations.

     

     

    Credit and Interest Rate Risk — The value of the Fund’s portfolio may fluctuate in response to the risk that the issuer of a bond or other instrument will not be able to make payments of interest and principal when due. In addition, fluctuations in interest rates can affect the value of debt instruments held by the Fund. An increase in interest rates tends to reduce the market value of debt instruments, while a decline in interest rates tends to increase their values. Longer-duration instruments tend to be more sensitive to interest rate changes than those with shorter durations.

     

     

    Prepayment Risk — Certain instruments, especially mortgage-backed securities, for example, are susceptible to the risk of prepayment by borrowers. During a period of declining interest rates, homeowners may refinance their high-rate mortgages and prepay the principal. Cash from these prepayments flows through to prepay the mortgage-backed securities, necessitating reinvestment in other assets, which may lower returns. Asset-backed securities, which are subject to risks similar to those of mortgage-backed securities, are also structured like mortgage-backed securities, but instead of mortgage loans or interests in mortgage loans, the underlying assets may include such items as motor vehicle installment sales or installment loan contracts, leases of various types of real and personal property and receivables from credit card agreements. The market for mortgage-backed and asset-backed instruments may be volatile and limited, which may make them difficult to buy or sell.

     

     

    Changes in Debt Ratings Risk — If a rating agency gives a debt instrument a lower rating, the value of the instrument may decline because investors may demand a higher rate of return.

     

     

    Defaulted Securities Risk — The Fund may invest in securities of companies that are experiencing significant financial or business difficulties, including companies involved in bankruptcy or other reorganization and liquidation proceedings. Such investments involve a substantial degree of risk. In any reorganization or liquidation proceeding relating to a company in which the Fund invests, the Fund may lose its entire investment, may be required to accept cash or securities with a value less than the Fund’s original investment, and/or may be required to accept payment over an extended period of time.

     

     

    Convertible Security Risk — Convertible securities generally offer lower interest or dividend yields than non-convertible securities of similar quality. Convertible securities may gain or lose value due to changes in the issuer’s operating results, financial condition and credit rating and changes in interest rates and other general economic, industry and market conditions.

     

     

    High Yield Risk — The Fund intends to invest in high yield instruments (commonly known as “junk bonds”) which may be subject to greater levels of interest rate, credit (including issuer default) and liquidity risk than investment grade instruments and may experience extreme price fluctuations. The securities of such companies may be considered speculative and the ability of such companies to pay their debts on schedule may be uncertain.

     

     

    Gold Risk — The Fund may invest in both physical gold and the securities of companies in the gold mining sector. Prices of gold-related issues are susceptible to changes in U.S. and foreign regulatory policies, taxes, currencies, mining laws, inflation, and various other market conditions.


     

     

    Derivatives Risk — Futures contracts or other “derivatives,” including hedging strategies, present risks related to their significant price volatility and risk of default by the counterparty to the contract. To date, derivatives have been used mainly under a hedging program that seeks to reduce the impact of foreign exchange rate changes on the Fund’s value. The Fund may at times also purchase derivatives linked to relevant market indices as either a hedge or for investment purposes.

     

     

    Currency Risk — Currency risk is the risk that foreign currencies will decline in value relative to that of the U.S. dollar and affect the Fund’s non-U.S. currencies or securities that trade in and receive revenue in non-U.S. currencies.

     

     

    Small and Medium-Size Company Risk — The Fund may invest in small and medium-size companies, the securities of which can be more volatile in price than those of larger companies. Positions in smaller companies, especially when the Fund is a large holder of a small company’s securities, also may be more difficult or expensive to trade. The Fund considers small companies to be companies with market capitalizations of less than $1 billion and medium-size companies to have market capitalizations of less than $10 billion.

     

     

    Bank Loan Risk — The Fund may invest in bank loans. These investments potentially expose the Fund to the credit risk of the underlying borrower, and in certain cases, of the financial institution. The Fund’s ability to receive payments in connection with the loan depends primarily on the financial condition of the borrower. The market for bank loans may be illiquid and the Fund may have difficulty selling them, especially in the case of leveraged loans, which can be difficult to value. In addition, bank loans often have contractual restrictions on resale, which can delay the sale and adversely impact the sale price. At times, the Fund may decline to receive non-public information relating to loans, which could disadvantage the Fund relative to other investors.

     

     

    Real Estate Industry Risk — The Fund may invest in real estate investment trusts (“REITs”), which are subject to risks affecting the real estate industry generally (including market conditions, competition, property obsolescence, changes in interest rates and casualty to real estate), as well as risks specifically affecting REITs (the quality and skill of REIT management and the internal expenses of the REIT).


    An investment in the Fund is not a bank deposit and is not insured or guaranteed by the Federal Deposit Insurance Corporation (FDIC) or any other government agency.


    For more information on the risks of investing in the Global Income Builder Fund, please see the More Information about the Funds’ Investments section.

    Risk Lose Money [Text] rr_RiskLoseMoney As with any mutual fund investment, you may lose money by investing in the Global Income Builder Fund.
    Risk Not Insured Depository Institution [Text] rr_RiskNotInsuredDepositoryInstitution An investment in the Fund is not a bank deposit and is not insured or guaranteed by the Federal Deposit Insurance Corporation (FDIC) or any other government agency.
    Bar Chart and Performance Table [Heading] rr_BarChartAndPerformanceTableHeading Investment Results
    Performance Narrative [Text Block] rr_PerformanceNarrativeTextBlock

    The following information provides an indication of the risks of investing in the Global Income Builder Fund by showing changes in the Fund’s performance from year to year, and by showing how the Fund’s average annual returns for the periods shown compare with those of a broad measure of market performance. As with all mutual funds, past performance is not an indication of future performance (before or after taxes).


    After-tax returns are calculated using the highest individual federal income tax rate for each year, and do not reflect the effect of state and local taxes. Actual after-tax returns depend on your individual tax situation. After-tax returns are not relevant to investors in tax-deferred accounts, such as 401(k) plans or individual retirement accounts.


    Updated performance information is available at www.feim.com/individual-investors/fund/global-income-builder-fund or by calling 800.334.2143.


    The following bar chart assumes reinvestment of dividends and distributions and does not reflect any sales charges. If sales charges were included, the returns would be lower.

    Performance Information Illustrates Variability of Returns [Text] rr_PerformanceInformationIllustratesVariabilityOfReturns The following information provides an indication of the risks of investing in the Global Income Builder Fund by showing changes in the Fund’s performance from year to year, and by showing how the Fund’s average annual returns for the periods shown compare with those of a broad measure of market performance.
    Performance Availability Phone [Text] rr_PerformanceAvailabilityPhone 800.334.2143
    Performance Availability Website Address [Text] rr_PerformanceAvailabilityWebSiteAddress www.feim.com/individual-investors/fund/global-income-builder-fund
    Performance Past Does Not Indicate Future [Text] rr_PerformancePastDoesNotIndicateFuture As with all mutual funds, past performance is not an indication of future performance (before or after taxes).
    Bar Chart [Heading] rr_BarChartHeading Calendar Year Total Returns—Class A
    Bar Chart Does Not Reflect Sales Loads [Text] rr_BarChartDoesNotReflectSalesLoads The following bar chart assumes reinvestment of dividends and distributions and does not reflect any sales charges. If sales charges were included, the returns would be lower.
    Bar Chart Closing [Text Block] rr_BarChartClosingTextBlock

     

     

     

     

     

     

     

     

     

    Best Quarter*

     

     

     

    Worst Quarter*

    Third Quarter 2013

     

    5.09%

     

     

     

    Fourth Quarter 2018

     

    -6.48%

     

     

     

     

     


     

    *

     

    For the period presented in the bar chart above.

    Highest Quarterly Return, Label rr_HighestQuarterlyReturnLabel Best Quarter
    Highest Quarterly Return, Date rr_BarChartHighestQuarterlyReturnDate Sep. 30, 2013
    Highest Quarterly Return rr_BarChartHighestQuarterlyReturn 5.09%
    Lowest Quarterly Return, Label rr_LowestQuarterlyReturnLabel Worst Quarter
    Lowest Quarterly Return, Date rr_BarChartLowestQuarterlyReturnDate Dec. 31, 2018
    Lowest Quarterly Return rr_BarChartLowestQuarterlyReturn (6.48%)
    Performance Table Uses Highest Federal Rate rr_PerformanceTableUsesHighestFederalRate After-tax returns are calculated using the highest individual federal income tax rate for each year, and do not reflect the effect of state and local taxes.
    Performance Table Not Relevant to Tax Deferred rr_PerformanceTableNotRelevantToTaxDeferred After-tax returns are not relevant to investors in tax-deferred accounts, such as 401(k) plans or individual retirement accounts.
    Performance Table One Class of after Tax Shown [Text] rr_PerformanceTableOneClassOfAfterTaxShown The following table discloses after-tax returns only for Class A shares. After-tax returns for Class C, Class I, Class R3, Class R4, Class R5 and Class R6 shares will vary.
    Performance Table Narrative rr_PerformanceTableNarrativeTextBlock

    The following table discloses after-tax returns only for Class A shares.


    After-tax returns for Class C, Class I, Class R3, Class R4, Class R5 and Class R6 shares will vary. While no or only partial information is shown for Class R3, Class R4, Class R5 and Class R6 shares (because they have no or partial performance as of December 31, 2018), annual returns for Class R3, Class R4, Class R5 and Class R6 shares would have been substantially similar to those shown here. Class R3, Class R4, Class R5 and Class R6 shares are invested in the same portfolio of securities and the annual returns differ only to the extent that Class R3, Class R4, Class R5 and Class R6 shares do not have the same expenses as the classes for which more extended performance is shown. Comparative expense information is in the Fees and Expenses table.

    Average Annual Return, Caption rr_AverageAnnualReturnCaption Average Annual Total Returns as of December 31, 2018
    Multi-class Prospectus | First Eagle Global Income Builder Fund | 60% MSCI World Index/40% Bloomberg Barclays U.S. Aggregate Bond Index  
    Risk/Return: rr_RiskReturnAbstract  
    1 Year rr_AverageAnnualReturnYear01 (5.07%)
    5 Years rr_AverageAnnualReturnYear05 3.90%
    Since Inception rr_AverageAnnualReturnSinceInception 5.67%
    Inception Date rr_AverageAnnualReturnInceptionDate May 01, 2012
    Multi-class Prospectus | First Eagle Global Income Builder Fund | MSCI World Index  
    Risk/Return: rr_RiskReturnAbstract  
    1 Year rr_AverageAnnualReturnYear01 (8.71%)
    5 Years rr_AverageAnnualReturnYear05 4.56%
    Since Inception rr_AverageAnnualReturnSinceInception 7.86%
    Inception Date rr_AverageAnnualReturnInceptionDate May 01, 2012
    Multi-class Prospectus | First Eagle Global Income Builder Fund | Bloomberg Barclays U.S. Aggregate Bond Index  
    Risk/Return: rr_RiskReturnAbstract  
    1 Year rr_AverageAnnualReturnYear01 0.01%
    5 Years rr_AverageAnnualReturnYear05 2.52%
    Since Inception rr_AverageAnnualReturnSinceInception 2.00%
    Inception Date rr_AverageAnnualReturnInceptionDate May 01, 2012
    Multi-class Prospectus | First Eagle Global Income Builder Fund | Class A  
    Risk/Return: rr_RiskReturnAbstract  
    Maximum Sales Charge (Load) on Purchases (as a percentage of public offering price) rr_MaximumSalesChargeImposedOnPurchasesOverOfferingPrice 5.00%
    Maximum Deferred Sales Charge (Load) (as a percentage of the lesser of your purchase or redemption price) rr_MaximumDeferredSalesChargeOverOfferingPrice 1.00% [1]
    Management Fees rr_ManagementFeesOverAssets 0.75%
    Distribution and/or Service (12b-1) Fees rr_DistributionAndService12b1FeesOverAssets 0.25%
    Other Expenses rr_OtherExpensesOverAssets 0.18% [2]
    Total Annual Fund Operating Expenses (%) rr_ExpensesOverAssets 1.18%
    Expenses Deferred Charges [Text Block] rr_ExpensesDeferredChargesTextBlock A contingent deferred sales charge of 1.00% may apply on certain redemptions of Class A shares made within 18 months following a purchase of $1,000,000 or more without an initial sales charge.
    Expense Example, with Redemption, 1 Year rr_ExpenseExampleYear01 $ 614
    Expense Example, with Redemption, 3 Years rr_ExpenseExampleYear03 856
    Expense Example, with Redemption, 5 Years rr_ExpenseExampleYear05 1,117
    Expense Example, with Redemption, 10 Years rr_ExpenseExampleYear10 1,860
    Expense Example, No Redemption, 1 Year rr_ExpenseExampleNoRedemptionYear01 614
    Expense Example, No Redemption, 3 Years rr_ExpenseExampleNoRedemptionYear03 856
    Expense Example, No Redemption, 5 Years rr_ExpenseExampleNoRedemptionYear05 1,117
    Expense Example, No Redemption, 10 Years rr_ExpenseExampleNoRedemptionYear10 $ 1,860
    Annual Return 2013 rr_AnnualReturn2013 11.82%
    Annual Return 2014 rr_AnnualReturn2014 1.24%
    Annual Return 2015 rr_AnnualReturn2015 (2.30%)
    Annual Return 2016 rr_AnnualReturn2016 10.11%
    Annual Return 2017 rr_AnnualReturn2017 12.96%
    Annual Return 2018 rr_AnnualReturn2018 (6.50%)
    1 Year rr_AverageAnnualReturnYear01 (11.18%)
    5 Years rr_AverageAnnualReturnYear05 1.80%
    Since Inception rr_AverageAnnualReturnSinceInception 4.03%
    Inception Date rr_AverageAnnualReturnInceptionDate May 01, 2012
    Multi-class Prospectus | First Eagle Global Income Builder Fund | Class A | After Taxes on Distributions  
    Risk/Return: rr_RiskReturnAbstract  
    1 Year rr_AverageAnnualReturnYear01 (11.61%)
    5 Years rr_AverageAnnualReturnYear05 0.78%
    Since Inception rr_AverageAnnualReturnSinceInception 2.99%
    Multi-class Prospectus | First Eagle Global Income Builder Fund | Class A | After Taxes on Distributions and Sale of Fund Shares  
    Risk/Return: rr_RiskReturnAbstract  
    1 Year rr_AverageAnnualReturnYear01 (6.41%)
    5 Years rr_AverageAnnualReturnYear05 1.08%
    Since Inception rr_AverageAnnualReturnSinceInception 2.81%
    Multi-class Prospectus | First Eagle Global Income Builder Fund | Class C  
    Risk/Return: rr_RiskReturnAbstract  
    Maximum Sales Charge (Load) on Purchases (as a percentage of public offering price) rr_MaximumSalesChargeImposedOnPurchasesOverOfferingPrice none
    Maximum Deferred Sales Charge (Load) (as a percentage of the lesser of your purchase or redemption price) rr_MaximumDeferredSalesChargeOverOfferingPrice 1.00%
    Management Fees rr_ManagementFeesOverAssets 0.75%
    Distribution and/or Service (12b-1) Fees rr_DistributionAndService12b1FeesOverAssets 1.00%
    Other Expenses rr_OtherExpensesOverAssets 0.18% [2]
    Total Annual Fund Operating Expenses (%) rr_ExpensesOverAssets 1.93%
    Expense Example, with Redemption, 1 Year rr_ExpenseExampleYear01 $ 296
    Expense Example, with Redemption, 3 Years rr_ExpenseExampleYear03 606
    Expense Example, with Redemption, 5 Years rr_ExpenseExampleYear05 1,042
    Expense Example, with Redemption, 10 Years rr_ExpenseExampleYear10 2,254
    Expense Example, No Redemption, 1 Year rr_ExpenseExampleNoRedemptionYear01 196
    Expense Example, No Redemption, 3 Years rr_ExpenseExampleNoRedemptionYear03 606
    Expense Example, No Redemption, 5 Years rr_ExpenseExampleNoRedemptionYear05 1,042
    Expense Example, No Redemption, 10 Years rr_ExpenseExampleNoRedemptionYear10 $ 2,254
    1 Year rr_AverageAnnualReturnYear01 (8.13%)
    5 Years rr_AverageAnnualReturnYear05 2.07%
    Since Inception rr_AverageAnnualReturnSinceInception 4.05%
    Inception Date rr_AverageAnnualReturnInceptionDate May 01, 2012
    Multi-class Prospectus | First Eagle Global Income Builder Fund | Class I  
    Risk/Return: rr_RiskReturnAbstract  
    Maximum Sales Charge (Load) on Purchases (as a percentage of public offering price) rr_MaximumSalesChargeImposedOnPurchasesOverOfferingPrice none
    Maximum Deferred Sales Charge (Load) (as a percentage of the lesser of your purchase or redemption price) rr_MaximumDeferredSalesChargeOverOfferingPrice none
    Management Fees rr_ManagementFeesOverAssets 0.75%
    Distribution and/or Service (12b-1) Fees rr_DistributionAndService12b1FeesOverAssets none
    Other Expenses rr_OtherExpensesOverAssets 0.17% [2]
    Total Annual Fund Operating Expenses (%) rr_ExpensesOverAssets 0.92%
    Expense Example, with Redemption, 1 Year rr_ExpenseExampleYear01 $ 94
    Expense Example, with Redemption, 3 Years rr_ExpenseExampleYear03 293
    Expense Example, with Redemption, 5 Years rr_ExpenseExampleYear05 509
    Expense Example, with Redemption, 10 Years rr_ExpenseExampleYear10 1,131
    Expense Example, No Redemption, 1 Year rr_ExpenseExampleNoRedemptionYear01 94
    Expense Example, No Redemption, 3 Years rr_ExpenseExampleNoRedemptionYear03 293
    Expense Example, No Redemption, 5 Years rr_ExpenseExampleNoRedemptionYear05 509
    Expense Example, No Redemption, 10 Years rr_ExpenseExampleNoRedemptionYear10 $ 1,131
    1 Year rr_AverageAnnualReturnYear01 (6.18%)
    5 Years rr_AverageAnnualReturnYear05 3.12%
    Since Inception rr_AverageAnnualReturnSinceInception 5.11%
    Inception Date rr_AverageAnnualReturnInceptionDate May 01, 2012
    Multi-class Prospectus | First Eagle Global Income Builder Fund | Class R3  
    Risk/Return: rr_RiskReturnAbstract  
    Maximum Sales Charge (Load) on Purchases (as a percentage of public offering price) rr_MaximumSalesChargeImposedOnPurchasesOverOfferingPrice none
    Maximum Deferred Sales Charge (Load) (as a percentage of the lesser of your purchase or redemption price) rr_MaximumDeferredSalesChargeOverOfferingPrice none
    Management Fees rr_ManagementFeesOverAssets 0.75%
    Distribution and/or Service (12b-1) Fees rr_DistributionAndService12b1FeesOverAssets 0.35%
    Other Expenses rr_OtherExpensesOverAssets 0.17% [2]
    Total Annual Fund Operating Expenses (%) rr_ExpensesOverAssets 1.27%
    Expense Example, with Redemption, 1 Year rr_ExpenseExampleYear01 $ 129
    Expense Example, with Redemption, 3 Years rr_ExpenseExampleYear03 403
    Expense Example, with Redemption, 5 Years rr_ExpenseExampleYear05 697
    Expense Example, with Redemption, 10 Years rr_ExpenseExampleYear10 1,534
    Expense Example, No Redemption, 1 Year rr_ExpenseExampleNoRedemptionYear01 129
    Expense Example, No Redemption, 3 Years rr_ExpenseExampleNoRedemptionYear03 403
    Expense Example, No Redemption, 5 Years rr_ExpenseExampleNoRedemptionYear05 697
    Expense Example, No Redemption, 10 Years rr_ExpenseExampleNoRedemptionYear10 $ 1,534
    Performance One Year or Less [Text] rr_PerformanceOneYearOrLess While no or only partial information is shown for Class R3, Class R4, Class R5 and Class R6 shares (because they have no or partial performance as of December 31, 2018), annual returns for Class R3, Class R4, Class R5 and Class R6 shares would have been substantially similar to those shown here.
    Since Inception rr_AverageAnnualReturnSinceInception (5.77%)
    Inception Date rr_AverageAnnualReturnInceptionDate May 01, 2018
    Multi-class Prospectus | First Eagle Global Income Builder Fund | Class R3 | 60% MSCI World Index/40% Bloomberg Barclays U.S. Aggregate Bond Index  
    Risk/Return: rr_RiskReturnAbstract  
    1 Year rr_AverageAnnualReturnYear01 (5.07%)
    5 Years rr_AverageAnnualReturnYear05 3.90%
    Since Inception rr_AverageAnnualReturnSinceInception (4.09%)
    Inception Date rr_AverageAnnualReturnInceptionDate May 01, 2018
    Multi-class Prospectus | First Eagle Global Income Builder Fund | Class R3 | MSCI World Index  
    Risk/Return: rr_RiskReturnAbstract  
    1 Year rr_AverageAnnualReturnYear01 (8.71%)
    5 Years rr_AverageAnnualReturnYear05 4.56%
    Since Inception rr_AverageAnnualReturnSinceInception (8.46%)
    Inception Date rr_AverageAnnualReturnInceptionDate May 01, 2018
    Multi-class Prospectus | First Eagle Global Income Builder Fund | Class R3 | Bloomberg Barclays U.S. Aggregate Bond Index  
    Risk/Return: rr_RiskReturnAbstract  
    1 Year rr_AverageAnnualReturnYear01 0.01%
    5 Years rr_AverageAnnualReturnYear05 2.52%
    Since Inception rr_AverageAnnualReturnSinceInception 2.49%
    Inception Date rr_AverageAnnualReturnInceptionDate May 01, 2018
    Multi-class Prospectus | First Eagle Global Income Builder Fund | Class R4  
    Risk/Return: rr_RiskReturnAbstract  
    Maximum Sales Charge (Load) on Purchases (as a percentage of public offering price) rr_MaximumSalesChargeImposedOnPurchasesOverOfferingPrice none
    Maximum Deferred Sales Charge (Load) (as a percentage of the lesser of your purchase or redemption price) rr_MaximumDeferredSalesChargeOverOfferingPrice none
    Management Fees rr_ManagementFeesOverAssets 0.75%
    Distribution and/or Service (12b-1) Fees rr_DistributionAndService12b1FeesOverAssets 0.10%
    Other Expenses rr_OtherExpensesOverAssets 0.28% [2]
    Total Annual Fund Operating Expenses (%) rr_ExpensesOverAssets 1.13%
    Expense Example, with Redemption, 1 Year rr_ExpenseExampleYear01 $ 115
    Expense Example, with Redemption, 3 Years rr_ExpenseExampleYear03 359
    Expense Example, with Redemption, 5 Years rr_ExpenseExampleYear05 622
    Expense Example, with Redemption, 10 Years rr_ExpenseExampleYear10 1,375
    Expense Example, No Redemption, 1 Year rr_ExpenseExampleNoRedemptionYear01 115
    Expense Example, No Redemption, 3 Years rr_ExpenseExampleNoRedemptionYear03 359
    Expense Example, No Redemption, 5 Years rr_ExpenseExampleNoRedemptionYear05 622
    Expense Example, No Redemption, 10 Years rr_ExpenseExampleNoRedemptionYear10 $ 1,375
    Performance One Year or Less [Text] rr_PerformanceOneYearOrLess While no or only partial information is shown for Class R3, Class R4, Class R5 and Class R6 shares (because they have no or partial performance as of December 31, 2018), annual returns for Class R3, Class R4, Class R5 and Class R6 shares would have been substantially similar to those shown here.
    Multi-class Prospectus | First Eagle Global Income Builder Fund | Class R5  
    Risk/Return: rr_RiskReturnAbstract  
    Maximum Sales Charge (Load) on Purchases (as a percentage of public offering price) rr_MaximumSalesChargeImposedOnPurchasesOverOfferingPrice none
    Maximum Deferred Sales Charge (Load) (as a percentage of the lesser of your purchase or redemption price) rr_MaximumDeferredSalesChargeOverOfferingPrice none
    Management Fees rr_ManagementFeesOverAssets 0.75%
    Distribution and/or Service (12b-1) Fees rr_DistributionAndService12b1FeesOverAssets none
    Other Expenses rr_OtherExpensesOverAssets 0.28% [2]
    Total Annual Fund Operating Expenses (%) rr_ExpensesOverAssets 1.03%
    Expense Example, with Redemption, 1 Year rr_ExpenseExampleYear01 $ 105
    Expense Example, with Redemption, 3 Years rr_ExpenseExampleYear03 328
    Expense Example, with Redemption, 5 Years rr_ExpenseExampleYear05 569
    Expense Example, with Redemption, 10 Years rr_ExpenseExampleYear10 1,259
    Expense Example, No Redemption, 1 Year rr_ExpenseExampleNoRedemptionYear01 105
    Expense Example, No Redemption, 3 Years rr_ExpenseExampleNoRedemptionYear03 328
    Expense Example, No Redemption, 5 Years rr_ExpenseExampleNoRedemptionYear05 569
    Expense Example, No Redemption, 10 Years rr_ExpenseExampleNoRedemptionYear10 $ 1,259
    Performance One Year or Less [Text] rr_PerformanceOneYearOrLess While no or only partial information is shown for Class R3, Class R4, Class R5 and Class R6 shares (because they have no or partial performance as of December 31, 2018), annual returns for Class R3, Class R4, Class R5 and Class R6 shares would have been substantially similar to those shown here.
    Multi-class Prospectus | First Eagle Global Income Builder Fund | Class R6  
    Risk/Return: rr_RiskReturnAbstract  
    Maximum Sales Charge (Load) on Purchases (as a percentage of public offering price) rr_MaximumSalesChargeImposedOnPurchasesOverOfferingPrice none
    Maximum Deferred Sales Charge (Load) (as a percentage of the lesser of your purchase or redemption price) rr_MaximumDeferredSalesChargeOverOfferingPrice none
    Management Fees rr_ManagementFeesOverAssets 0.75%
    Distribution and/or Service (12b-1) Fees rr_DistributionAndService12b1FeesOverAssets none
    Other Expenses rr_OtherExpensesOverAssets 0.13% [2]
    Total Annual Fund Operating Expenses (%) rr_ExpensesOverAssets 0.88%
    Expense Example, with Redemption, 1 Year rr_ExpenseExampleYear01 $ 90
    Expense Example, with Redemption, 3 Years rr_ExpenseExampleYear03 281
    Expense Example, with Redemption, 5 Years rr_ExpenseExampleYear05 488
    Expense Example, with Redemption, 10 Years rr_ExpenseExampleYear10 1,084
    Expense Example, No Redemption, 1 Year rr_ExpenseExampleNoRedemptionYear01 90
    Expense Example, No Redemption, 3 Years rr_ExpenseExampleNoRedemptionYear03 281
    Expense Example, No Redemption, 5 Years rr_ExpenseExampleNoRedemptionYear05 488
    Expense Example, No Redemption, 10 Years rr_ExpenseExampleNoRedemptionYear10 $ 1,084
    Performance One Year or Less [Text] rr_PerformanceOneYearOrLess While no or only partial information is shown for Class R3, Class R4, Class R5 and Class R6 shares (because they have no or partial performance as of December 31, 2018), annual returns for Class R3, Class R4, Class R5 and Class R6 shares would have been substantially similar to those shown here.
    1 Year rr_AverageAnnualReturnYear01 (6.23%)
    Since Inception rr_AverageAnnualReturnSinceInception 1.25%
    Inception Date rr_AverageAnnualReturnInceptionDate Mar. 01, 2017
    Multi-class Prospectus | First Eagle Global Income Builder Fund | Class R6 | 60% MSCI World Index/40% Bloomberg Barclays U.S. Aggregate Bond Index  
    Risk/Return: rr_RiskReturnAbstract  
    1 Year rr_AverageAnnualReturnYear01 (5.07%)
    5 Years rr_AverageAnnualReturnYear05 3.90%
    Since Inception rr_AverageAnnualReturnSinceInception 2.51%
    Inception Date rr_AverageAnnualReturnInceptionDate Mar. 01, 2017
    Multi-class Prospectus | First Eagle Global Income Builder Fund | Class R6 | MSCI World Index  
    Risk/Return: rr_RiskReturnAbstract  
    1 Year rr_AverageAnnualReturnYear01 (8.71%)
    5 Years rr_AverageAnnualReturnYear05 4.56%
    Since Inception rr_AverageAnnualReturnSinceInception 2.76%
    Inception Date rr_AverageAnnualReturnInceptionDate Mar. 01, 2017
    Multi-class Prospectus | First Eagle Global Income Builder Fund | Class R6 | Bloomberg Barclays U.S. Aggregate Bond Index  
    Risk/Return: rr_RiskReturnAbstract  
    1 Year rr_AverageAnnualReturnYear01 0.01%
    5 Years rr_AverageAnnualReturnYear05 2.52%
    Since Inception rr_AverageAnnualReturnSinceInception 1.75%
    Inception Date rr_AverageAnnualReturnInceptionDate Mar. 01, 2017
    [1] A contingent deferred sales charge of 1.00% may apply on certain redemptions of Class A shares made within 18 months following a purchase of $1,000,000 or more without an initial sales charge.
    [2] "Other Expenses" shown generally reflect actual expenses for the Fund for the fiscal year ended October 31, 2018 and estimated expenses in the case of newly organized share classes.
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    Multi-class Prospectus | First Eagle High Yield Fund
    First Eagle High Yield Fund
    Investment Objective

    First Eagle High Yield Fund (“High Yield Fund”) seeks to provide investors with a high level of current income.

    Fees and Expenses of the High Yield Fund

    The following information describes the fees and expenses you may pay if you buy and hold shares of the High Yield Fund.


    You may qualify for sales charge discounts if you, together with certain related accounts, invest, or agree to invest in the future, at least $100,000 in the High Yield Fund. Information about these and other discounts is available from your financial professional and in the How to Purchase Shares and Public Offering Price of Class A Shares sections on pages 78 and 85, respectively, and in the appendix to this Prospectus titled Intermediary-Specific Front-End Sales Load and Waiver Terms.

    Shareholder Fees (fees paid directly from your investment)
    Shareholder Fees - Multi-class Prospectus - First Eagle High Yield Fund
    Class A
    Class C
    Class I
    Class R3
    Class R4
    Class R5
    Class R6
    Maximum Sales Charge (Load) on Purchases (as a percentage of public offering price) 4.50% none none none none none none
    Maximum Deferred Sales Charge (Load) (as a percentage of the lesser of your purchase or redemption price) 1.00% [1] 1.00% none none none none none
    [1] A contingent deferred sales charge of 1.00% may apply on certain redemptions of Class A shares made within 18 months following a purchase of $1,000,000 or more without an initial sales charge.
    Annual Fund Operating Expenses (expenses you pay each year as a percentage of the value of your investment)
    Annual Fund Operating Expenses - Multi-class Prospectus - First Eagle High Yield Fund
    Class A
    Class C
    Class I
    Class R3
    Class R4
    Class R5
    Class R6
    Management Fees [1] 0.70% 0.70% 0.70% 0.70% 0.70% 0.70% 0.70%
    Distribution and/or Service (12b-1) Fees 0.25% 1.00% none 0.35% 0.10% none none
    Other Expenses [2] 0.31% 0.31% 0.27% 0.31% 0.46% 0.46% 0.31%
    Total Annual Fund Operating Expenses (%) 1.26% 2.01% 0.97% 1.36% 1.26% 1.16% 1.01%
    Fee Waiver [1] (0.10%) (0.10%) (0.10%) (0.10%) (0.10%) (0.10%) (0.10%)
    Total Annual Fund Operating Expenses After Fee Waiver (%) 1.16% 1.91% 0.87% 1.26% 1.16% 1.06% 0.91%
    [1] The Adviser has contractually agreed to waive its management fee at an annual rate in the amount of 0.10% of the average daily value of the Fund's net assets for the period through February 29, 2020. This waiver has the effect of reducing the management fee shown in the table for the term of the waiver from 0.70% to 0.60%.
    [2] "Other Expenses" shown generally reflect actual expenses for the Fund for the fiscal year ended October 31, 2018 and estimated expenses in the case of newly organized share classes.
    Example

    The following example is intended to help you compare the cost of investing in the High Yield Fund with the cost of investing in other mutual funds. This hypothetical example assumes you invest $10,000 in the Fund for the time periods indicated and then either redeem or do not redeem all shares at the end of those periods. The example also assumes the average annual return is 5% and operating expenses remain the same (except that the management fee waiver is taken into account only for the one-year expense example). Please keep in mind your actual costs may be higher or lower.

    Sold
    Expense Example - Multi-class Prospectus - First Eagle High Yield Fund - USD ($)
    1 Year
    3 Years
    5 Years
    10 Years
    Class A 563 822 1,101 1,896
    Class C 294 621 1,074 2,330
    Class I 89 299 527 1,181
    Class R3 128 421 735 1,626
    Class R4 118 390 682 1,514
    Class R5 108 359 629 1,400
    Class R6 93 312 548 1,227
    Held
    Expense Example No Redemption - Multi-class Prospectus - First Eagle High Yield Fund - USD ($)
    1 Year
    3 Years
    5 Years
    10 Years
    Class A 563 822 1,101 1,896
    Class C 194 621 1,074 2,330
    Class I 89 299 527 1,181
    Class R3 128 421 735 1,626
    Class R4 118 390 682 1,514
    Class R5 108 359 629 1,400
    Class R6 93 312 548 1,227
    Portfolio Turnover Rate

    There are transaction costs due to the bid/ask spread in the case of bonds or commissions in the case of stocks. The High Yield Fund pays transaction costs, such as commissions, when the Fund buys and sells securities (or “turns over” its portfolio). A higher portfolio turnover rate may indicate higher transaction costs and may result in higher taxes when Fund shares are held in a taxable account. These costs, which are not reflected in annual fund operating expenses or in the Example, affect the Fund’s performance. During the Fund’s most recent fiscal year, the Fund’s portfolio turnover rate was 24.82% of the average value of its portfolio.

    Principal Investment Strategies

    To pursue its investment objective, the High Yield Fund normally invests at least 80% of its net assets (plus any borrowings for investment purposes) in high yield, below investment-grade securities (commonly referred to as “junk bonds”) and instruments. Such high yield instruments may include corporate bonds and loans, municipal bonds, and mortgage-backed and asset-backed securities. The Fund may invest in, and count for the purposes of this 80% allotment, unrated securities or other instruments deemed by the Fund’s Adviser to be below investment grade. The Fund “counts” relevant derivative positions towards its “80% of assets” allocation and, in doing so, values each position at the price at which it is held on the Fund’s books (generally market price).


    The Fund may invest its assets in the securities of both U.S. and foreign issuers. The Fund may also invest (typically for hedging purposes) in derivative instruments such as options, futures contracts and options on futures contracts, credit default swaps, and swaps and options on indices.


    The Fund may invest in securities with any investment rating or time to maturity.

    Principal Investment Risks

    As with any mutual fund investment, you may lose money by investing in the High Yield Fund. The likelihood of loss may be greater if you invest for a shorter period of time. An investment in the Fund is not intended to be a complete investment program.


    Principal risks of investing in the High Yield Fund, which could adversely affect its net asset value and total return, are:


     

     

    Credit and Interest Rate Risk — The value of the Fund’s portfolio may fluctuate in response to the risk that the issuer of a bond or other instrument will not be able to make payments of interest and principal when due. In addition, fluctuations in interest rates can affect the value of debt instruments held by the Fund. An increase in interest rates tends to reduce the market value of debt instruments, while a decline in interest rates tends to increase their values. Longer-duration instruments tend to be more sensitive to interest rate changes than those with shorter durations.

     

     

    High Yield Risk — The Fund will invest at least 80% of its net assets (plus any borrowings for investment purposes) under normal market conditions in high yield instruments (commonly known as “junk bonds”) which may be subject to greater levels of interest rate, credit (including issuer default) and liquidity risk than investment grade securities and may experience extreme price fluctuations. The securities of such companies may be considered speculative and the ability of such companies to pay their debts on schedule may be uncertain.

     

     

    Market Risk — The value of the Fund’s portfolio holdings may fluctuate in response to events specific to the companies or markets in which the Fund invests, as well as economic, political, or social events in the United States or abroad.

     

     

    Foreign Investment Risk — The Fund may invest in foreign investments. Foreign investments can be susceptible to less politically, economically and socially stable environments, foreign currency and exchange rate changes, and adverse changes to government regulations.

     

     

    Convertible Security Risk — Convertible securities generally offer lower interest or dividend yields than non-convertible securities of similar quality. Convertible securities may gain or lose value due to changes in the issuer’s operating results, financial condition, credit rating and changes in interest rates and other general economic, industry and market conditions.

     

     

    Illiquid Investment Risk — Holding illiquid securities restricts or otherwise limits the ability for the Fund to freely dispose of its investments for specific periods of time. The Fund might not be able to sell illiquid securities at its desired price or time. Changes in the markets or in regulations governing the trading of illiquid instruments can cause rapid changes in the price or ability to sell an illiquid security. The market for lower-quality debt instruments, including junk bonds, is generally less liquid than the market for higher-quality debt instruments.


     

     

    Prepayment Risk — Certain instruments, especially mortgage-backed securities, for example, are susceptible to the risk of prepayment by borrowers. During a period of declining interest rates, homeowners may refinance their high-rate mortgages and prepay the principal. Cash from these prepayments flows through to prepay the mortgage-backed securities, necessitating reinvestment in other assets, which may lower returns. Asset-backed securities, which are subject to risks similar to those of mortgage-backed securities, are also structured like mortgage-backed securities, but instead of mortgage loans or interests in mortgage loans, the underlying assets may include such items as motor vehicle installment sales or installment loan contracts, leases of various types of real and personal property and receivables from credit card agreements. The market for mortgage-backed and asset-backed instruments may be volatile and limited, which may make them difficult to buy or sell.

     

     

    Bank Loan Risk — The Fund may invest in bank loans. These investments potentially expose the Fund to the credit risk of the underlying borrower, and in certain cases, of the financial institution. The Fund’s ability to receive payments in connection with the loan depends primarily on the financial condition of the borrower. The market for bank loans may be illiquid and the Fund may have difficulty selling them, especially in the case of leveraged loans, which can be difficult to value. In addition, bank loans often have contractual restrictions on resale, which can delay the sale and adversely impact the sale price. At times, the Fund may decline to receive non-public information relating to loans, which could disadvantage the Fund relative to other investors.

     

     

    Changes in Debt Ratings Risk — If a rating agency gives a debt instrument a lower rating, the value of the instrument may decline because investors may demand a higher rate of return.

     

     

    Defaulted Securities Risk — The Fund may invest in securities of companies that are experiencing significant financial or business difficulties, including companies involved in bankruptcy or other reorganization and liquidation proceedings. Such investments involve a substantial degree of risk. In any reorganization or liquidation proceeding relating to a company in which the Fund invests, the Fund may lose its entire investment, may be required to accept cash or securities with a value less than the Fund’s original investment, and/or may be required to accept payment over an extended period of time.

     

     

    Derivatives Risk — Futures contracts or other “derivatives,” including hedging strategies, present risks related to their significant price volatility and risk of default by the counterparty to the contract. The Fund may use derivatives in seeking to reduce the impact of foreign exchange rate changes on the Fund’s value. The Fund may at times also purchase derivatives linked to relevant market indices as either a hedge or for investment purposes.

     

     

    Currency Risk — Currency risk is the risk that foreign currencies will decline in value relative to that of the U.S. dollar and affect the Fund’s non-U.S. currencies or securities that trade in and receive revenue in non-U.S. currencies.


    An investment in the Fund is not a bank deposit and is not insured or guaranteed by the Federal Deposit Insurance Corporation (FDIC) or any other government agency.


    For more information on the risks of investing in the High Yield Fund, please see the More Information about the Funds’ Investments section.

    Investment Results

    The High Yield Fund commenced operations in its present form on or about December 30, 2011 and is the successor to the Old Mutual High Yield Fund (the “Predecessor Fund”) pursuant to a reorganization on or about that same date. The Predecessor Fund had similar investment objectives and strategies as the Fund, but was managed by another investment adviser.


    The following information provides an indication of the risks of investing in the Fund by showing changes in the Fund’s performance from year to year, and by showing how the Fund’s average annual returns for 1 and 5 years and since inception compare with those of a broad measure of market performance. As with all mutual funds, past performance is not an indication of future performance (before or after taxes).


    After-tax returns are calculated using the highest individual federal income tax rate for each year, and do not reflect the effect of state and local taxes. Actual after-tax returns depend on your individual tax situation. After-tax returns are not relevant to investors in tax-deferred accounts, such as 401(k) plans or individual retirement accounts.


    Updated performance information is available at www.feim.com/individual-investors/fund/high-yield-fund or by calling 800.334.2143.


    The following bar chart assumes reinvestment of dividends and distributions and does not reflect any sales charges. If sales charges were included the returns would be lower.

    Calendar Year Total Returns—Class I
    Bar Chart

     

     

     

     

     

     

     

     

     

    Best Quarter*

     

     

     

    Worst Quarter*

    Second Quarter 2009

     

    24.95%

     

     

     

    Third Quarter 2011

     

    -5.97%

     

     

     

     

     


     

    *

     

    For the period presented in the bar chart above.

    Average Annual Total Returns as of December 31, 2018

    The following average annual total returns table discloses after-tax returns only for Class I shares.


    After-tax returns for Class A, Class C, Class R3, Class R4, Class R5 and Class R6 shares will vary. Returns shown for Class I shares assume commencement of operations on November 19, 2007, which is the date of organization of the Predecessor Fund. Returns shown for Class A and Class C assume commencement of operations on January 3, 2012, which is the date of inception for these share classes. Returns shown for Class I shares include the returns of the Predecessor Fund for periods prior to January 1, 2012. While no or only partial information is shown for Class R3, Class R4, Class R5 and Class R6 shares (because they have no or partial performance as of December 31, 2018), annual returns for Class R3, Class R4, Class R5 and Class R6 shares would have been substantially similar to those shown here. Class R3, Class R4, Class R5 and Class R6 shares are invested in the same portfolio of securities and the annual returns differ only to the extent that Class R3, Class R4, Class R5 and Class R6 shares do not have the same expenses as the classes for which more extended performance is shown. Comparative expense information is in the Fees and Expenses table.

    Average Annual Returns - Multi-class Prospectus - First Eagle High Yield Fund
    1 Year
    5 Years
    10 Years
    Since Inception
    Inception Date
    Class A (5.15%) 1.33%   3.74% Jan. 03, 2012
    Class C (2.40%) 1.51%   3.63% Jan. 03, 2012
    Class I (0.42%) 2.56% 10.42%    
    Class R3       (1.64%) May 01, 2018
    Class R6 (0.58%)     1.43% Mar. 01, 2017
    After Taxes on Distributions | Class I (2.56%) (0.02%) 6.87%    
    After Taxes on Distributions and Sale of Fund Shares | Class I (0.23%) 0.79% 6.84%    
    Bloomberg Barclays U.S. Corporate High Yield Index | Class R3 (2.08%) 3.83% 11.12% (1.77%) May 01, 2018
    Bloomberg Barclays U.S. Corporate High Yield Index | Class R6 (2.08%) 3.83% 11.12% 1.10% Mar. 01, 2017
    Bloomberg Barclays U.S. Corporate High Yield Index (2.08%) 3.83% 11.12% 5.89% Jan. 03, 2012
    XML 28 R49.htm IDEA: XBRL DOCUMENT v3.19.1
    Label Element Value
    Multi-class Prospectus | First Eagle High Yield Fund  
    Risk/Return: rr_RiskReturnAbstract  
    Risk/Return [Heading] rr_RiskReturnHeading First Eagle High Yield Fund
    Objective [Heading] rr_ObjectiveHeading Investment Objective
    Objective, Primary [Text Block] rr_ObjectivePrimaryTextBlock

    First Eagle High Yield Fund (“High Yield Fund”) seeks to provide investors with a high level of current income.

    Expense [Heading] rr_ExpenseHeading Fees and Expenses of the High Yield Fund
    Expense Narrative [Text Block] rr_ExpenseNarrativeTextBlock

    The following information describes the fees and expenses you may pay if you buy and hold shares of the High Yield Fund.


    You may qualify for sales charge discounts if you, together with certain related accounts, invest, or agree to invest in the future, at least $100,000 in the High Yield Fund. Information about these and other discounts is available from your financial professional and in the How to Purchase Shares and Public Offering Price of Class A Shares sections on pages 78 and 85, respectively, and in the appendix to this Prospectus titled Intermediary-Specific Front-End Sales Load and Waiver Terms.

    Shareholder Fees Caption [Text] rr_ShareholderFeesCaption Shareholder Fees (fees paid directly from your investment)
    Operating Expenses Caption [Text] rr_OperatingExpensesCaption Annual Fund Operating Expenses (expenses you pay each year as a percentage of the value of your investment)
    Fee Waiver or Reimbursement over Assets, Date of Termination rr_FeeWaiverOrReimbursementOverAssetsDateOfTermination Feb. 29, 2020
    Portfolio Turnover [Heading] rr_PortfolioTurnoverHeading Portfolio Turnover Rate
    Portfolio Turnover [Text Block] rr_PortfolioTurnoverTextBlock

    There are transaction costs due to the bid/ask spread in the case of bonds or commissions in the case of stocks. The High Yield Fund pays transaction costs, such as commissions, when the Fund buys and sells securities (or “turns over” its portfolio). A higher portfolio turnover rate may indicate higher transaction costs and may result in higher taxes when Fund shares are held in a taxable account. These costs, which are not reflected in annual fund operating expenses or in the Example, affect the Fund’s performance. During the Fund’s most recent fiscal year, the Fund’s portfolio turnover rate was 24.82% of the average value of its portfolio.

    Portfolio Turnover, Rate rr_PortfolioTurnoverRate 24.82%
    Expense Breakpoint Discounts [Text] rr_ExpenseBreakpointDiscounts You may qualify for sales charge discounts if you, together with certain related accounts, invest, or agree to invest in the future, at least $100,000 in the High Yield Fund.
    Expense Breakpoint, Minimum Investment Required [Amount] rr_ExpenseBreakpointMinimumInvestmentRequiredAmount $ 100,000
    Other Expenses, New Fund, Based on Estimates [Text] rr_OtherExpensesNewFundBasedOnEstimates “Other Expenses” shown generally reflect actual expenses for the Fund for the fiscal year ended October 31, 2018 and estimated expenses in the case of newly organized share classes.
    Expense Example [Heading] rr_ExpenseExampleHeading Example
    Expense Example Narrative [Text Block] rr_ExpenseExampleNarrativeTextBlock

    The following example is intended to help you compare the cost of investing in the High Yield Fund with the cost of investing in other mutual funds. This hypothetical example assumes you invest $10,000 in the Fund for the time periods indicated and then either redeem or do not redeem all shares at the end of those periods. The example also assumes the average annual return is 5% and operating expenses remain the same (except that the management fee waiver is taken into account only for the one-year expense example). Please keep in mind your actual costs may be higher or lower.

    Expense Example by, Year, Caption [Text] rr_ExpenseExampleByYearCaption Sold
    Expense Example, No Redemption, By Year, Caption [Text] rr_ExpenseExampleNoRedemptionByYearCaption Held
    Strategy [Heading] rr_StrategyHeading Principal Investment Strategies
    Strategy Narrative [Text Block] rr_StrategyNarrativeTextBlock

    To pursue its investment objective, the High Yield Fund normally invests at least 80% of its net assets (plus any borrowings for investment purposes) in high yield, below investment-grade securities (commonly referred to as “junk bonds”) and instruments. Such high yield instruments may include corporate bonds and loans, municipal bonds, and mortgage-backed and asset-backed securities. The Fund may invest in, and count for the purposes of this 80% allotment, unrated securities or other instruments deemed by the Fund’s Adviser to be below investment grade. The Fund “counts” relevant derivative positions towards its “80% of assets” allocation and, in doing so, values each position at the price at which it is held on the Fund’s books (generally market price).


    The Fund may invest its assets in the securities of both U.S. and foreign issuers. The Fund may also invest (typically for hedging purposes) in derivative instruments such as options, futures contracts and options on futures contracts, credit default swaps, and swaps and options on indices.


    The Fund may invest in securities with any investment rating or time to maturity.

    Risk [Heading] rr_RiskHeading Principal Investment Risks
    Risk Narrative [Text Block] rr_RiskNarrativeTextBlock

    As with any mutual fund investment, you may lose money by investing in the High Yield Fund. The likelihood of loss may be greater if you invest for a shorter period of time. An investment in the Fund is not intended to be a complete investment program.


    Principal risks of investing in the High Yield Fund, which could adversely affect its net asset value and total return, are:


     

     

    Credit and Interest Rate Risk — The value of the Fund’s portfolio may fluctuate in response to the risk that the issuer of a bond or other instrument will not be able to make payments of interest and principal when due. In addition, fluctuations in interest rates can affect the value of debt instruments held by the Fund. An increase in interest rates tends to reduce the market value of debt instruments, while a decline in interest rates tends to increase their values. Longer-duration instruments tend to be more sensitive to interest rate changes than those with shorter durations.

     

     

    High Yield Risk — The Fund will invest at least 80% of its net assets (plus any borrowings for investment purposes) under normal market conditions in high yield instruments (commonly known as “junk bonds”) which may be subject to greater levels of interest rate, credit (including issuer default) and liquidity risk than investment grade securities and may experience extreme price fluctuations. The securities of such companies may be considered speculative and the ability of such companies to pay their debts on schedule may be uncertain.

     

     

    Market Risk — The value of the Fund’s portfolio holdings may fluctuate in response to events specific to the companies or markets in which the Fund invests, as well as economic, political, or social events in the United States or abroad.

     

     

    Foreign Investment Risk — The Fund may invest in foreign investments. Foreign investments can be susceptible to less politically, economically and socially stable environments, foreign currency and exchange rate changes, and adverse changes to government regulations.

     

     

    Convertible Security Risk — Convertible securities generally offer lower interest or dividend yields than non-convertible securities of similar quality. Convertible securities may gain or lose value due to changes in the issuer’s operating results, financial condition, credit rating and changes in interest rates and other general economic, industry and market conditions.

     

     

    Illiquid Investment Risk — Holding illiquid securities restricts or otherwise limits the ability for the Fund to freely dispose of its investments for specific periods of time. The Fund might not be able to sell illiquid securities at its desired price or time. Changes in the markets or in regulations governing the trading of illiquid instruments can cause rapid changes in the price or ability to sell an illiquid security. The market for lower-quality debt instruments, including junk bonds, is generally less liquid than the market for higher-quality debt instruments.


     

     

    Prepayment Risk — Certain instruments, especially mortgage-backed securities, for example, are susceptible to the risk of prepayment by borrowers. During a period of declining interest rates, homeowners may refinance their high-rate mortgages and prepay the principal. Cash from these prepayments flows through to prepay the mortgage-backed securities, necessitating reinvestment in other assets, which may lower returns. Asset-backed securities, which are subject to risks similar to those of mortgage-backed securities, are also structured like mortgage-backed securities, but instead of mortgage loans or interests in mortgage loans, the underlying assets may include such items as motor vehicle installment sales or installment loan contracts, leases of various types of real and personal property and receivables from credit card agreements. The market for mortgage-backed and asset-backed instruments may be volatile and limited, which may make them difficult to buy or sell.

     

     

    Bank Loan Risk — The Fund may invest in bank loans. These investments potentially expose the Fund to the credit risk of the underlying borrower, and in certain cases, of the financial institution. The Fund’s ability to receive payments in connection with the loan depends primarily on the financial condition of the borrower. The market for bank loans may be illiquid and the Fund may have difficulty selling them, especially in the case of leveraged loans, which can be difficult to value. In addition, bank loans often have contractual restrictions on resale, which can delay the sale and adversely impact the sale price. At times, the Fund may decline to receive non-public information relating to loans, which could disadvantage the Fund relative to other investors.

     

     

    Changes in Debt Ratings Risk — If a rating agency gives a debt instrument a lower rating, the value of the instrument may decline because investors may demand a higher rate of return.

     

     

    Defaulted Securities Risk — The Fund may invest in securities of companies that are experiencing significant financial or business difficulties, including companies involved in bankruptcy or other reorganization and liquidation proceedings. Such investments involve a substantial degree of risk. In any reorganization or liquidation proceeding relating to a company in which the Fund invests, the Fund may lose its entire investment, may be required to accept cash or securities with a value less than the Fund’s original investment, and/or may be required to accept payment over an extended period of time.

     

     

    Derivatives Risk — Futures contracts or other “derivatives,” including hedging strategies, present risks related to their significant price volatility and risk of default by the counterparty to the contract. The Fund may use derivatives in seeking to reduce the impact of foreign exchange rate changes on the Fund’s value. The Fund may at times also purchase derivatives linked to relevant market indices as either a hedge or for investment purposes.

     

     

    Currency Risk — Currency risk is the risk that foreign currencies will decline in value relative to that of the U.S. dollar and affect the Fund’s non-U.S. currencies or securities that trade in and receive revenue in non-U.S. currencies.


    An investment in the Fund is not a bank deposit and is not insured or guaranteed by the Federal Deposit Insurance Corporation (FDIC) or any other government agency.


    For more information on the risks of investing in the High Yield Fund, please see the More Information about the Funds’ Investments section.

    Risk Lose Money [Text] rr_RiskLoseMoney As with any mutual fund investment, you may lose money by investing in the High Yield Fund.
    Risk Not Insured Depository Institution [Text] rr_RiskNotInsuredDepositoryInstitution An investment in the Fund is not a bank deposit and is not insured or guaranteed by the Federal Deposit Insurance Corporation (FDIC) or any other government agency.
    Bar Chart and Performance Table [Heading] rr_BarChartAndPerformanceTableHeading Investment Results
    Performance Narrative [Text Block] rr_PerformanceNarrativeTextBlock

    The High Yield Fund commenced operations in its present form on or about December 30, 2011 and is the successor to the Old Mutual High Yield Fund (the “Predecessor Fund”) pursuant to a reorganization on or about that same date. The Predecessor Fund had similar investment objectives and strategies as the Fund, but was managed by another investment adviser.


    The following information provides an indication of the risks of investing in the Fund by showing changes in the Fund’s performance from year to year, and by showing how the Fund’s average annual returns for 1 and 5 years and since inception compare with those of a broad measure of market performance. As with all mutual funds, past performance is not an indication of future performance (before or after taxes).


    After-tax returns are calculated using the highest individual federal income tax rate for each year, and do not reflect the effect of state and local taxes. Actual after-tax returns depend on your individual tax situation. After-tax returns are not relevant to investors in tax-deferred accounts, such as 401(k) plans or individual retirement accounts.


    Updated performance information is available at www.feim.com/individual-investors/fund/high-yield-fund or by calling 800.334.2143.


    The following bar chart assumes reinvestment of dividends and distributions and does not reflect any sales charges. If sales charges were included the returns would be lower.

    Performance Information Illustrates Variability of Returns [Text] rr_PerformanceInformationIllustratesVariabilityOfReturns The following information provides an indication of the risks of investing in the Fund by showing changes in the Fund’s performance from year to year, and by showing how the Fund’s average annual returns for 1 and 5 years and since inception compare with those of a broad measure of market performance.
    Performance Availability Phone [Text] rr_PerformanceAvailabilityPhone 800.334.2143
    Performance Availability Website Address [Text] rr_PerformanceAvailabilityWebSiteAddress www.feim.com/individual-investors/fund/high-yield-fund
    Performance Past Does Not Indicate Future [Text] rr_PerformancePastDoesNotIndicateFuture As with all mutual funds, past performance is not an indication of future performance (before or after taxes).
    Bar Chart [Heading] rr_BarChartHeading Calendar Year Total Returns—Class I
    Bar Chart Does Not Reflect Sales Loads [Text] rr_BarChartDoesNotReflectSalesLoads The following bar chart assumes reinvestment of dividends and distributions and does not reflect any sales charges. If sales charges were included, the returns would be lower.
    Bar Chart Closing [Text Block] rr_BarChartClosingTextBlock

     

     

     

     

     

     

     

     

     

    Best Quarter*

     

     

     

    Worst Quarter*

    Second Quarter 2009

     

    24.95%

     

     

     

    Third Quarter 2011

     

    -5.97%

     

     

     

     

     


     

    *

     

    For the period presented in the bar chart above.

    Highest Quarterly Return, Label rr_HighestQuarterlyReturnLabel Best Quarter
    Highest Quarterly Return, Date rr_BarChartHighestQuarterlyReturnDate Jun. 30, 2009
    Highest Quarterly Return rr_BarChartHighestQuarterlyReturn 24.95%
    Lowest Quarterly Return, Label rr_LowestQuarterlyReturnLabel Worst Quarter
    Lowest Quarterly Return, Date rr_BarChartLowestQuarterlyReturnDate Sep. 30, 2011
    Lowest Quarterly Return rr_BarChartLowestQuarterlyReturn (5.97%)
    Performance Table Uses Highest Federal Rate rr_PerformanceTableUsesHighestFederalRate After-tax returns are calculated using the highest individual federal income tax rate for each year, and do not reflect the effect of state and local taxes.
    Performance Table Not Relevant to Tax Deferred rr_PerformanceTableNotRelevantToTaxDeferred After-tax returns are not relevant to investors in tax-deferred accounts, such as 401(k) plans or individual retirement accounts.
    Performance Table One Class of after Tax Shown [Text] rr_PerformanceTableOneClassOfAfterTaxShown The following average annual total returns table discloses after-tax returns only for Class I shares. After-tax returns for Class A, Class C, Class R3, Class R4, Class R5 and Class R6 shares will vary.
    Performance Table Narrative rr_PerformanceTableNarrativeTextBlock

    The following average annual total returns table discloses after-tax returns only for Class I shares.


    After-tax returns for Class A, Class C, Class R3, Class R4, Class R5 and Class R6 shares will vary. Returns shown for Class I shares assume commencement of operations on November 19, 2007, which is the date of organization of the Predecessor Fund. Returns shown for Class A and Class C assume commencement of operations on January 3, 2012, which is the date of inception for these share classes. Returns shown for Class I shares include the returns of the Predecessor Fund for periods prior to January 1, 2012. While no or only partial information is shown for Class R3, Class R4, Class R5 and Class R6 shares (because they have no or partial performance as of December 31, 2018), annual returns for Class R3, Class R4, Class R5 and Class R6 shares would have been substantially similar to those shown here. Class R3, Class R4, Class R5 and Class R6 shares are invested in the same portfolio of securities and the annual returns differ only to the extent that Class R3, Class R4, Class R5 and Class R6 shares do not have the same expenses as the classes for which more extended performance is shown. Comparative expense information is in the Fees and Expenses table.

    Average Annual Return, Caption rr_AverageAnnualReturnCaption Average Annual Total Returns as of December 31, 2018
    Multi-class Prospectus | First Eagle High Yield Fund | Bloomberg Barclays U.S. Corporate High Yield Index  
    Risk/Return: rr_RiskReturnAbstract  
    1 Year rr_AverageAnnualReturnYear01 (2.08%)
    5 Years rr_AverageAnnualReturnYear05 3.83%
    10 Years rr_AverageAnnualReturnYear10 11.12%
    Since Inception rr_AverageAnnualReturnSinceInception 5.89%
    Inception Date rr_AverageAnnualReturnInceptionDate Jan. 03, 2012
    Multi-class Prospectus | First Eagle High Yield Fund | Class A  
    Risk/Return: rr_RiskReturnAbstract  
    Maximum Sales Charge (Load) on Purchases (as a percentage of public offering price) rr_MaximumSalesChargeImposedOnPurchasesOverOfferingPrice 4.50%
    Maximum Deferred Sales Charge (Load) (as a percentage of the lesser of your purchase or redemption price) rr_MaximumDeferredSalesChargeOverOfferingPrice 1.00% [1]
    Management Fees rr_ManagementFeesOverAssets 0.70% [2]
    Distribution and/or Service (12b-1) Fees rr_DistributionAndService12b1FeesOverAssets 0.25%
    Other Expenses rr_OtherExpensesOverAssets 0.31% [3]
    Total Annual Fund Operating Expenses (%) rr_ExpensesOverAssets 1.26%
    Fee Waiver rr_FeeWaiverOrReimbursementOverAssets (0.10%) [2]
    Total Annual Fund Operating Expenses After Fee Waiver (%) rr_NetExpensesOverAssets 1.16%
    Expenses Deferred Charges [Text Block] rr_ExpensesDeferredChargesTextBlock A contingent deferred sales charge of 1.00% may apply on certain redemptions of Class A shares made within 18 months following a purchase of $1,000,000 or more without an initial sales charge.
    Expense Example, with Redemption, 1 Year rr_ExpenseExampleYear01 $ 563
    Expense Example, with Redemption, 3 Years rr_ExpenseExampleYear03 822
    Expense Example, with Redemption, 5 Years rr_ExpenseExampleYear05 1,101
    Expense Example, with Redemption, 10 Years rr_ExpenseExampleYear10 1,896
    Expense Example, No Redemption, 1 Year rr_ExpenseExampleNoRedemptionYear01 563
    Expense Example, No Redemption, 3 Years rr_ExpenseExampleNoRedemptionYear03 822
    Expense Example, No Redemption, 5 Years rr_ExpenseExampleNoRedemptionYear05 1,101
    Expense Example, No Redemption, 10 Years rr_ExpenseExampleNoRedemptionYear10 $ 1,896
    1 Year rr_AverageAnnualReturnYear01 (5.15%)
    5 Years rr_AverageAnnualReturnYear05 1.33%
    Since Inception rr_AverageAnnualReturnSinceInception 3.74%
    Inception Date rr_AverageAnnualReturnInceptionDate Jan. 03, 2012
    Multi-class Prospectus | First Eagle High Yield Fund | Class C  
    Risk/Return: rr_RiskReturnAbstract  
    Maximum Sales Charge (Load) on Purchases (as a percentage of public offering price) rr_MaximumSalesChargeImposedOnPurchasesOverOfferingPrice none
    Maximum Deferred Sales Charge (Load) (as a percentage of the lesser of your purchase or redemption price) rr_MaximumDeferredSalesChargeOverOfferingPrice 1.00%
    Management Fees rr_ManagementFeesOverAssets 0.70% [2]
    Distribution and/or Service (12b-1) Fees rr_DistributionAndService12b1FeesOverAssets 1.00%
    Other Expenses rr_OtherExpensesOverAssets 0.31% [3]
    Total Annual Fund Operating Expenses (%) rr_ExpensesOverAssets 2.01%
    Fee Waiver rr_FeeWaiverOrReimbursementOverAssets (0.10%) [2]
    Total Annual Fund Operating Expenses After Fee Waiver (%) rr_NetExpensesOverAssets 1.91%
    Expense Example, with Redemption, 1 Year rr_ExpenseExampleYear01 $ 294
    Expense Example, with Redemption, 3 Years rr_ExpenseExampleYear03 621
    Expense Example, with Redemption, 5 Years rr_ExpenseExampleYear05 1,074
    Expense Example, with Redemption, 10 Years rr_ExpenseExampleYear10 2,330
    Expense Example, No Redemption, 1 Year rr_ExpenseExampleNoRedemptionYear01 194
    Expense Example, No Redemption, 3 Years rr_ExpenseExampleNoRedemptionYear03 621
    Expense Example, No Redemption, 5 Years rr_ExpenseExampleNoRedemptionYear05 1,074
    Expense Example, No Redemption, 10 Years rr_ExpenseExampleNoRedemptionYear10 $ 2,330
    1 Year rr_AverageAnnualReturnYear01 (2.40%)
    5 Years rr_AverageAnnualReturnYear05 1.51%
    Since Inception rr_AverageAnnualReturnSinceInception 3.63%
    Inception Date rr_AverageAnnualReturnInceptionDate Jan. 03, 2012
    Multi-class Prospectus | First Eagle High Yield Fund | Class I  
    Risk/Return: rr_RiskReturnAbstract  
    Maximum Sales Charge (Load) on Purchases (as a percentage of public offering price) rr_MaximumSalesChargeImposedOnPurchasesOverOfferingPrice none
    Maximum Deferred Sales Charge (Load) (as a percentage of the lesser of your purchase or redemption price) rr_MaximumDeferredSalesChargeOverOfferingPrice none
    Management Fees rr_ManagementFeesOverAssets 0.70% [2]
    Distribution and/or Service (12b-1) Fees rr_DistributionAndService12b1FeesOverAssets none
    Other Expenses rr_OtherExpensesOverAssets 0.27% [3]
    Total Annual Fund Operating Expenses (%) rr_ExpensesOverAssets 0.97%
    Fee Waiver rr_FeeWaiverOrReimbursementOverAssets (0.10%) [2]
    Total Annual Fund Operating Expenses After Fee Waiver (%) rr_NetExpensesOverAssets 0.87%
    Expense Example, with Redemption, 1 Year rr_ExpenseExampleYear01 $ 89
    Expense Example, with Redemption, 3 Years rr_ExpenseExampleYear03 299
    Expense Example, with Redemption, 5 Years rr_ExpenseExampleYear05 527
    Expense Example, with Redemption, 10 Years rr_ExpenseExampleYear10 1,181
    Expense Example, No Redemption, 1 Year rr_ExpenseExampleNoRedemptionYear01 89
    Expense Example, No Redemption, 3 Years rr_ExpenseExampleNoRedemptionYear03 299
    Expense Example, No Redemption, 5 Years rr_ExpenseExampleNoRedemptionYear05 527
    Expense Example, No Redemption, 10 Years rr_ExpenseExampleNoRedemptionYear10 $ 1,181
    Annual Return 2009 rr_AnnualReturn2009 60.00%
    Annual Return 2010 rr_AnnualReturn2010 15.76%
    Annual Return 2011 rr_AnnualReturn2011 4.08%
    Annual Return 2012 rr_AnnualReturn2012 15.19%
    Annual Return 2013 rr_AnnualReturn2013 6.92%
    Annual Return 2014 rr_AnnualReturn2014 (0.24%)
    Annual Return 2015 rr_AnnualReturn2015 (7.04%)
    Annual Return 2016 rr_AnnualReturn2016 17.19%
    Annual Return 2017 rr_AnnualReturn2017 4.86%
    Annual Return 2018 rr_AnnualReturn2018 (0.42%)
    1 Year rr_AverageAnnualReturnYear01 (0.42%)
    5 Years rr_AverageAnnualReturnYear05 2.56%
    10 Years rr_AverageAnnualReturnYear10 10.42%
    Multi-class Prospectus | First Eagle High Yield Fund | Class I | After Taxes on Distributions  
    Risk/Return: rr_RiskReturnAbstract  
    1 Year rr_AverageAnnualReturnYear01 (2.56%)
    5 Years rr_AverageAnnualReturnYear05 (0.02%)
    10 Years rr_AverageAnnualReturnYear10 6.87%
    Multi-class Prospectus | First Eagle High Yield Fund | Class I | After Taxes on Distributions and Sale of Fund Shares  
    Risk/Return: rr_RiskReturnAbstract  
    1 Year rr_AverageAnnualReturnYear01 (0.23%)
    5 Years rr_AverageAnnualReturnYear05 0.79%
    10 Years rr_AverageAnnualReturnYear10 6.84%
    Multi-class Prospectus | First Eagle High Yield Fund | Class R3  
    Risk/Return: rr_RiskReturnAbstract  
    Maximum Sales Charge (Load) on Purchases (as a percentage of public offering price) rr_MaximumSalesChargeImposedOnPurchasesOverOfferingPrice none
    Maximum Deferred Sales Charge (Load) (as a percentage of the lesser of your purchase or redemption price) rr_MaximumDeferredSalesChargeOverOfferingPrice none
    Management Fees rr_ManagementFeesOverAssets 0.70% [2]
    Distribution and/or Service (12b-1) Fees rr_DistributionAndService12b1FeesOverAssets 0.35%
    Other Expenses rr_OtherExpensesOverAssets 0.31% [3]
    Total Annual Fund Operating Expenses (%) rr_ExpensesOverAssets 1.36%
    Fee Waiver rr_FeeWaiverOrReimbursementOverAssets (0.10%) [2]
    Total Annual Fund Operating Expenses After Fee Waiver (%) rr_NetExpensesOverAssets 1.26%
    Expense Example, with Redemption, 1 Year rr_ExpenseExampleYear01 $ 128
    Expense Example, with Redemption, 3 Years rr_ExpenseExampleYear03 421
    Expense Example, with Redemption, 5 Years rr_ExpenseExampleYear05 735
    Expense Example, with Redemption, 10 Years rr_ExpenseExampleYear10 1,626
    Expense Example, No Redemption, 1 Year rr_ExpenseExampleNoRedemptionYear01 128
    Expense Example, No Redemption, 3 Years rr_ExpenseExampleNoRedemptionYear03 421
    Expense Example, No Redemption, 5 Years rr_ExpenseExampleNoRedemptionYear05 735
    Expense Example, No Redemption, 10 Years rr_ExpenseExampleNoRedemptionYear10 $ 1,626
    Performance One Year or Less [Text] rr_PerformanceOneYearOrLess While no or only partial information is shown for Class R3, Class R4, Class R5 and Class R6 shares (because they have no or partial performance as of December 31, 2018), annual returns for Class R3, Class R4, Class R5 and Class R6 shares would have been substantially similar to those shown here.
    Since Inception rr_AverageAnnualReturnSinceInception (1.64%)
    Inception Date rr_AverageAnnualReturnInceptionDate May 01, 2018
    Multi-class Prospectus | First Eagle High Yield Fund | Class R3 | Bloomberg Barclays U.S. Corporate High Yield Index  
    Risk/Return: rr_RiskReturnAbstract  
    1 Year rr_AverageAnnualReturnYear01 (2.08%)
    5 Years rr_AverageAnnualReturnYear05 3.83%
    10 Years rr_AverageAnnualReturnYear10 11.12%
    Since Inception rr_AverageAnnualReturnSinceInception (1.77%)
    Inception Date rr_AverageAnnualReturnInceptionDate May 01, 2018
    Multi-class Prospectus | First Eagle High Yield Fund | Class R4  
    Risk/Return: rr_RiskReturnAbstract  
    Maximum Sales Charge (Load) on Purchases (as a percentage of public offering price) rr_MaximumSalesChargeImposedOnPurchasesOverOfferingPrice none
    Maximum Deferred Sales Charge (Load) (as a percentage of the lesser of your purchase or redemption price) rr_MaximumDeferredSalesChargeOverOfferingPrice none
    Management Fees rr_ManagementFeesOverAssets 0.70% [2]
    Distribution and/or Service (12b-1) Fees rr_DistributionAndService12b1FeesOverAssets 0.10%
    Other Expenses rr_OtherExpensesOverAssets 0.46% [3]
    Total Annual Fund Operating Expenses (%) rr_ExpensesOverAssets 1.26%
    Fee Waiver rr_FeeWaiverOrReimbursementOverAssets (0.10%) [2]
    Total Annual Fund Operating Expenses After Fee Waiver (%) rr_NetExpensesOverAssets 1.16%
    Expense Example, with Redemption, 1 Year rr_ExpenseExampleYear01 $ 118
    Expense Example, with Redemption, 3 Years rr_ExpenseExampleYear03 390
    Expense Example, with Redemption, 5 Years rr_ExpenseExampleYear05 682
    Expense Example, with Redemption, 10 Years rr_ExpenseExampleYear10 1,514
    Expense Example, No Redemption, 1 Year rr_ExpenseExampleNoRedemptionYear01 118
    Expense Example, No Redemption, 3 Years rr_ExpenseExampleNoRedemptionYear03 390
    Expense Example, No Redemption, 5 Years rr_ExpenseExampleNoRedemptionYear05 682
    Expense Example, No Redemption, 10 Years rr_ExpenseExampleNoRedemptionYear10 $ 1,514
    Performance One Year or Less [Text] rr_PerformanceOneYearOrLess While no or only partial information is shown for Class R3, Class R4, Class R5 and Class R6 shares (because they have no or partial performance as of December 31, 2018), annual returns for Class R3, Class R4, Class R5 and Class R6 shares would have been substantially similar to those shown here.
    Multi-class Prospectus | First Eagle High Yield Fund | Class R5  
    Risk/Return: rr_RiskReturnAbstract  
    Maximum Sales Charge (Load) on Purchases (as a percentage of public offering price) rr_MaximumSalesChargeImposedOnPurchasesOverOfferingPrice none
    Maximum Deferred Sales Charge (Load) (as a percentage of the lesser of your purchase or redemption price) rr_MaximumDeferredSalesChargeOverOfferingPrice none
    Management Fees rr_ManagementFeesOverAssets 0.70% [2]
    Distribution and/or Service (12b-1) Fees rr_DistributionAndService12b1FeesOverAssets none
    Other Expenses rr_OtherExpensesOverAssets 0.46% [3]
    Total Annual Fund Operating Expenses (%) rr_ExpensesOverAssets 1.16%
    Fee Waiver rr_FeeWaiverOrReimbursementOverAssets (0.10%) [2]
    Total Annual Fund Operating Expenses After Fee Waiver (%) rr_NetExpensesOverAssets 1.06%
    Expense Example, with Redemption, 1 Year rr_ExpenseExampleYear01 $ 108
    Expense Example, with Redemption, 3 Years rr_ExpenseExampleYear03 359
    Expense Example, with Redemption, 5 Years rr_ExpenseExampleYear05 629
    Expense Example, with Redemption, 10 Years rr_ExpenseExampleYear10 1,400
    Expense Example, No Redemption, 1 Year rr_ExpenseExampleNoRedemptionYear01 108
    Expense Example, No Redemption, 3 Years rr_ExpenseExampleNoRedemptionYear03 359
    Expense Example, No Redemption, 5 Years rr_ExpenseExampleNoRedemptionYear05 629
    Expense Example, No Redemption, 10 Years rr_ExpenseExampleNoRedemptionYear10 $ 1,400
    Performance One Year or Less [Text] rr_PerformanceOneYearOrLess While no or only partial information is shown for Class R3, Class R4, Class R5 and Class R6 shares (because they have no or partial performance as of December 31, 2018), annual returns for Class R3, Class R4, Class R5 and Class R6 shares would have been substantially similar to those shown here.
    Multi-class Prospectus | First Eagle High Yield Fund | Class R6  
    Risk/Return: rr_RiskReturnAbstract  
    Maximum Sales Charge (Load) on Purchases (as a percentage of public offering price) rr_MaximumSalesChargeImposedOnPurchasesOverOfferingPrice none
    Maximum Deferred Sales Charge (Load) (as a percentage of the lesser of your purchase or redemption price) rr_MaximumDeferredSalesChargeOverOfferingPrice none
    Management Fees rr_ManagementFeesOverAssets 0.70% [2]
    Distribution and/or Service (12b-1) Fees rr_DistributionAndService12b1FeesOverAssets none
    Other Expenses rr_OtherExpensesOverAssets 0.31% [3]
    Total Annual Fund Operating Expenses (%) rr_ExpensesOverAssets 1.01%
    Fee Waiver rr_FeeWaiverOrReimbursementOverAssets (0.10%) [2]
    Total Annual Fund Operating Expenses After Fee Waiver (%) rr_NetExpensesOverAssets 0.91%
    Expense Example, with Redemption, 1 Year rr_ExpenseExampleYear01 $ 93
    Expense Example, with Redemption, 3 Years rr_ExpenseExampleYear03 312
    Expense Example, with Redemption, 5 Years rr_ExpenseExampleYear05 548
    Expense Example, with Redemption, 10 Years rr_ExpenseExampleYear10 1,227
    Expense Example, No Redemption, 1 Year rr_ExpenseExampleNoRedemptionYear01 93
    Expense Example, No Redemption, 3 Years rr_ExpenseExampleNoRedemptionYear03 312
    Expense Example, No Redemption, 5 Years rr_ExpenseExampleNoRedemptionYear05 548
    Expense Example, No Redemption, 10 Years rr_ExpenseExampleNoRedemptionYear10 $ 1,227
    Performance One Year or Less [Text] rr_PerformanceOneYearOrLess While no or only partial information is shown for Class R3, Class R4, Class R5 and Class R6 shares (because they have no or partial performance as of December 31, 2018), annual returns for Class R3, Class R4, Class R5 and Class R6 shares would have been substantially similar to those shown here.
    1 Year rr_AverageAnnualReturnYear01 (0.58%)
    Since Inception rr_AverageAnnualReturnSinceInception 1.43%
    Inception Date rr_AverageAnnualReturnInceptionDate Mar. 01, 2017
    Multi-class Prospectus | First Eagle High Yield Fund | Class R6 | Bloomberg Barclays U.S. Corporate High Yield Index  
    Risk/Return: rr_RiskReturnAbstract  
    1 Year rr_AverageAnnualReturnYear01 (2.08%)
    5 Years rr_AverageAnnualReturnYear05 3.83%
    10 Years rr_AverageAnnualReturnYear10 11.12%
    Since Inception rr_AverageAnnualReturnSinceInception 1.10%
    Inception Date rr_AverageAnnualReturnInceptionDate Mar. 01, 2017
    [1] A contingent deferred sales charge of 1.00% may apply on certain redemptions of Class A shares made within 18 months following a purchase of $1,000,000 or more without an initial sales charge.
    [2] The Adviser has contractually agreed to waive its management fee at an annual rate in the amount of 0.10% of the average daily value of the Fund's net assets for the period through February 29, 2020. This waiver has the effect of reducing the management fee shown in the table for the term of the waiver from 0.70% to 0.60%.
    [3] "Other Expenses" shown generally reflect actual expenses for the Fund for the fiscal year ended October 31, 2018 and estimated expenses in the case of newly organized share classes.
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    Multi-class Prospectus | First Eagle Fund of America
    First Eagle Fund of America
    Investment Objective

    First Eagle Fund of America (“Fund of America”) seeks capital appreciation by investing primarily in domestic stocks and, to a lesser extent, in debt and foreign equity securities.

    Fees and Expenses of the Fund of America

    The following information describes the fees and expenses you may pay if you buy and hold shares of Fund of America.


    You may qualify for sales charge discounts if you, together with certain related accounts, invest, or agree to invest in the future, at least $25,000 in Fund of America. Information about these and other discounts is available from your financial professional and in the How to Purchase Shares and Public Offering Price of Class A Shares sections on pages 78 and 85, respectively, and in the appendix to the Fund’s Prospectus titled Intermediary-Specific Front-End Sales Load and Waiver Terms.

    Shareholder Fees (fees paid directly from your investment)
    Shareholder Fees - Multi-class Prospectus - First Eagle Fund of America
    Class A
    Class C
    Class Y
    [1]
    Class I
    Class R3
    Class R4
    Class R5
    Class R6
    Maximum Sales Charge (Load) on Purchases (as a percentage of public offering price) 5.00% none none none none none none none
    Maximum Deferred Sales Charge (Load) (as a percentage of the lesser of your purchase or redemption price) 1.00% [2] 1.00% none none none none none none
    [1] Closed to new investors.
    [2] A contingent deferred sales charge of 1.00% may apply on certain redemptions of Class A shares made within 18 months following a purchase of $1,000,000 or more without an initial sales charge.
    Annual Fund Operating Expenses (expenses you pay each year as a percentage of the value of your investment)
    Annual Fund Operating Expenses - Multi-class Prospectus - First Eagle Fund of America
    Class A
    Class C
    Class Y
    [2]
    Class I
    Class R3
    Class R4
    Class R5
    Class R6
    Management Fees [1] 0.90% 0.90% 0.90% 0.90% 0.90% 0.90% 0.90% 0.90%
    Distribution and Service (12b-1) Fees 0.25% 1.00% 0.25% none 0.35% 0.10% none none
    Other Expenses [3] 0.17% 0.16% 0.18% 0.12% 0.13% 0.23% 0.23% 0.08%
    Total Annual Operating Expenses (%) 1.32% 2.06% 1.33% 1.02% 1.38% 1.23% 1.13% 0.98%
    [1] 0.90% of the first $2.25 billion of the Fund's average daily net assets, 0.85% of the next $2.75 billion of average daily net assets, and 0.80% of average daily net assets in excess of $5 billion.
    [2] Closed to new investors.
    [3] "Other Expenses" shown generally reflect actual expenses for the Fund for the fiscal year ended October 31, 2018 and estimated expenses in the case of newly organized share classes.
    Example

    The following example is intended to help you compare the cost of investing in Fund of America with the cost of investing in other mutual funds. This hypothetical example assumes you invest $10,000 in the Fund for the time periods indicated and then either redeem or do not redeem all shares at the end of those periods. The example also assumes the average annual return is 5% and operating expenses remain the same. Please keep in mind your actual costs may be higher or lower.

    Sold
    Expense Example - Multi-class Prospectus - First Eagle Fund of America - USD ($)
    1 Year
    3 Years
    5 Years
    10 Years
    Class A 628 897 1,187 2,011
    Class C 309 646 1,108 2,390
    Class Y 135 421 729 1,601
    Class I 104 325 563 1,248
    Class R3 140 437 755 1,657
    Class R4 125 390 676 1,489
    Class R5 115 359 622 1,375
    Class R6 100 312 542 1,201
    Held
    Expense Example No Redemption - Multi-class Prospectus - First Eagle Fund of America - USD ($)
    1 Year
    3 Years
    5 Years
    10 Years
    Class A 628 897 1,187 2,011
    Class C 209 646 1,108 2,390
    Class Y 135 421 729 1,601
    Class I 104 325 563 1,248
    Class R3 140 437 755 1,657
    Class R4 125 390 676 1,489
    Class R5 115 359 622 1,375
    Class R6 100 312 542 1,201
    Portfolio Turnover Rate

    Fund of America pays transaction costs, such as commissions, when it buys and sells securities (or “turns over” its portfolio). A higher portfolio turnover rate may indicate higher transaction costs and may result in higher taxes when Fund shares are held in a taxable account. These costs, which are not reflected in annual Fund of America operating expenses or in the example, affect the Fund’s performance. During the most recent fiscal year, Fund of America’s portfolio turnover rate was 60.29% of the average value of its portfolio.

    Principal Investment Strategies

    To achieve its objective of capital appreciation, Fund of America will primarily invest in domestic stocks and, to a lesser extent, debt and foreign equity instruments. Normally, at least 80% of the Fund’s net assets (plus any borrowings for investment purposes) are invested in domestic equity and debt instruments. The Fund “counts” derivative positions on these instruments for purposes of this 80% allocation, and in doing so, values each position at the price at which it is held on the Fund’s books (generally market price). Equity securities include common stocks, preferred stocks, convertible securities and warrants. The Fund may also invest in repurchase agreements and derivatives.


    Derivatives include investing in options, futures and swaps and related products. Specifically, the Fund may enter into interest rate, credit default, currency, equity, fixed income and index swaps and the purchase or sale of related caps, floors and collars.


    In addition, the Fund may enter into options on securities and on stock indices to limit the Fund’s investment risk and augment its investment return. Further, the Fund may write “covered” call options on equity or debt securities and on stock indices in seeking to enhance investment return or to hedge against declines in the prices of portfolio securities or may write put options to hedge against increases in the prices of securities which it intends to purchase. The Fund also may write call options on broadly based stock and bond market indices if at the time of writing it holds a portfolio of stocks or bonds listed on such index. Finally, the Fund may utilize futures contracts and options on futures on securities exchanges or in the over-the-counter market.


    The Fund may enter into certain types of repurchase agreements, primarily as a cash management strategy.


    The investment philosophy and strategy of Fund of America can be broadly characterized as a bottom-up, event-driven approach to choose securities that the Fund believes are undervalued and should perform well. In a bottom-up approach, companies and securities are researched and chosen individually. In an event-driven approach, one looks for companies that appear to be undervalued in relation to their potential value in light of positive corporate changes. Signals of corporate change can be management changes, large share repurchases, potential acquisitions or mergers. If changes are successful, these companies should realize a rise in the stock price. Fund of America invests in the securities of companies that it believes are undervalued relative to their overall financial and managerial strength. Investment decisions for the Fund are made without regard to the capitalization (size) of the companies in which it invests. The Fund may invest in any size company, including large, medium and smaller companies. The Fund may invest in debt securities generally without regard to their credit rating or time to maturity. However, the Fund has no current intention of investing more than 5% of its net assets in high yield bonds.

    Principal Investment Risks

    As with any mutual fund investment, you may lose money by investing in Fund of America. The likelihood of loss may be greater if you invest for a shorter period of time. An investment in the Fund is not intended to be a complete investment program.


    Principal risks of investing in Fund of America, which could adversely affect its net asset value and total return, are:


     

     

    Market Risk — The value of the Fund’s portfolio holdings may fluctuate in response to events specific to the companies or markets in which Fund of America invests, as well as economic, political, or social events in the United States or abroad.

     

     

    Event-Driven Style Risk — The event-driven investment style carries the additional risk that the event anticipated occurs later than expected, does not occur at all, or does not have the desired effect on the market price of the securities.

     

     

    Diversification Risk — The Fund is a non-diversified mutual fund, and as a result, an investment in Fund of America may expose your money to greater risks than if you invest in a diversified fund. Fund of America will invest in a limited number of companies and industries, therefore gains or losses in a particular security may have a greater impact on their share price.


     

     

    Credit and Interest Rate Risk — The value of the Fund’s portfolio may fluctuate in response to the risk that the issuer of a bond or other instrument will not be able to make payments of interest and principal when due. The Fund may invest in debt instruments that are below investment grade, commonly known as junk bonds, which are considered speculative, and carry a higher risk of default. In addition, fluctuations in interest rates can affect the value of debt instruments held by the Fund. An increase in interest rates tends to reduce the market value of debt instruments, while a decline in interest rates tends to increase their values. Longer-duration instruments tend to be more sensitive to interest rate changes than those with shorter durations.

     

     

    Small and Medium-Size Company Risk — The Fund may invest in small and medium-size companies, the securities of which can be more volatile in price than those of larger companies. Positions in smaller companies, especially when the Fund is a large holder of a small company’s securities, also may be more difficult or expensive to trade. The Fund considers small companies to be companies with market capitalizations of less than $1 billion and medium-size companies to have market capitalizations of less than $10 billion.

     

     

    Repurchase Agreements Risk — The Fund may enter into certain types of repurchase agreements, primarily as a cash management strategy. If the seller fails to repurchase the security and the market value declines, the Fund may lose money.

     

     

    Options Risk — The Fund may engage in various options transactions in which the Fund seeks to limit investment risk or increase investment returns by purchasing the right to buy or sell, or by selling the obligation to buy or sell, a security at a set price in the future. The Fund pays a premium when buying options and receives a premium when selling options. When trading options, the Fund may incur losses or forego otherwise realizable gains if market prices do not move as expected.

     

     

    Foreign Investment Risk — The Fund may invest in foreign investments. Foreign investments are susceptible to less politically, economically and socially stable environments, foreign currency and exchange rate changes, and adverse changes to government regulations.


    An investment in the Fund is not a bank deposit and is not insured or guaranteed by the Federal Deposit Insurance Corporation (FDIC) or any other government agency.


    For more information on the risks of investing in Fund of America, please see the More Information about the Funds’ Investments section.

    Investment Results

    The following information provides an indication of the risks of investing in Fund of America by showing changes in the Fund’s performance from year to year, and by showing how the Fund’s average annual returns for 1, 5 and 10 years compare with those of a broad measure of market performance. As with all mutual funds, past performance is not an indication of future performance (before or after taxes).


    After-tax returns are calculated using the highest individual federal income tax rate for each year, and do not reflect the effect of state and local taxes. Actual after-tax returns depend on your individual tax situation. After-tax returns are not relevant to investors in tax-deferred accounts, such as 401(k) plans or individual retirement accounts.


    Updated performance information is available at www.feim.com/individual-investors/fund/fund-america or by calling 800.334.2143.


    The following bar chart assumes reinvestment of dividends and distributions and does not reflect any sales charges. If sales charges were included, the returns would be lower.

    Calendar Year Total Returns—Class Y
    Bar Chart

     

     

     

     

     

     

     

     

     

    Best Quarter*

     

     

     

    Worst Quarter*

    Second Quarter 2009

     

    13.03%

     

     

     

    Fourth Quarter 2018

     

    -21.67%

     

     

     

     

     


     

    *

     

    For the period presented in the bar chart above.

    Average Annual Total Returns as of December 31, 2018

    The following table discloses after-tax returns only for Class Y shares.


    After-tax returns for Class C, Class A, Class I, Class R3, Class R4, Class R5 and Class R6 shares will vary. While no or only partial information is shown for Class R3, Class R4, Class R5 and Class R6 shares (because they have no or partial performance as of December 31, 2018), annual returns for Class R3, Class R4, Class R5 and Class R6 shares would have been substantially similar to those shown here. Class R3, Class R4, Class R5 and Class R6 shares are invested in the same portfolio of securities and the annual returns differ only to the extent that Class R3, Class R4, Class R5 and Class R6 shares do not have the same expenses as the classes for which more extended performance is shown. Comparative expense information is in the Fees and Expenses table.

    Average Annual Returns - Multi-class Prospectus - First Eagle Fund of America
    1 Year
    5 Years
    10 Years
    Since Inception
    Inception Date
    Class Y (23.85%) (0.66%) 8.81%    
    Class C (24.96%) (1.40%) 8.01%    
    Class A (27.65%) (1.68%) 8.26%    
    Class I (23.61%) (0.37%)   3.14% Mar. 08, 2013
    Class R3       (21.17%) May 01, 2018
    Class R6 (23.55%)     (7.67%) Mar. 01, 2017
    After Taxes on Distributions | Class Y (27.35%) (2.78%) 7.43%    
    After Taxes on Distributions and Sale of Fund Shares | Class Y (11.41%) (0.30%) 7.30%    
    Standard & Poor’s 500 Index | Class I (4.38%) 8.49% 13.12% 10.84% Mar. 08, 2013
    Standard & Poor’s 500 Index | Class R3 (4.38%) 8.49% 13.12% (4.27%) May 01, 2018
    Standard & Poor’s 500 Index | Class R6 (4.38%) 8.49% 13.12% 4.51% Mar. 01, 2017
    XML 31 R57.htm IDEA: XBRL DOCUMENT v3.19.1
    Label Element Value
    Multi-class Prospectus | First Eagle Fund of America  
    Risk/Return: rr_RiskReturnAbstract  
    Risk/Return [Heading] rr_RiskReturnHeading First Eagle Fund of America
    Objective [Heading] rr_ObjectiveHeading Investment Objective
    Objective, Primary [Text Block] rr_ObjectivePrimaryTextBlock

    First Eagle Fund of America (“Fund of America”) seeks capital appreciation by investing primarily in domestic stocks and, to a lesser extent, in debt and foreign equity securities.

    Expense [Heading] rr_ExpenseHeading Fees and Expenses of the Fund of America
    Expense Narrative [Text Block] rr_ExpenseNarrativeTextBlock

    The following information describes the fees and expenses you may pay if you buy and hold shares of Fund of America.


    You may qualify for sales charge discounts if you, together with certain related accounts, invest, or agree to invest in the future, at least $25,000 in Fund of America. Information about these and other discounts is available from your financial professional and in the How to Purchase Shares and Public Offering Price of Class A Shares sections on pages 78 and 85, respectively, and in the appendix to the Fund’s Prospectus titled Intermediary-Specific Front-End Sales Load and Waiver Terms.

    Shareholder Fees Caption [Text] rr_ShareholderFeesCaption Shareholder Fees (fees paid directly from your investment)
    Operating Expenses Caption [Text] rr_OperatingExpensesCaption Annual Fund Operating Expenses (expenses you pay each year as a percentage of the value of your investment)
    Portfolio Turnover [Heading] rr_PortfolioTurnoverHeading Portfolio Turnover Rate
    Portfolio Turnover [Text Block] rr_PortfolioTurnoverTextBlock

    Fund of America pays transaction costs, such as commissions, when it buys and sells securities (or “turns over” its portfolio). A higher portfolio turnover rate may indicate higher transaction costs and may result in higher taxes when Fund shares are held in a taxable account. These costs, which are not reflected in annual Fund of America operating expenses or in the example, affect the Fund’s performance. During the most recent fiscal year, Fund of America’s portfolio turnover rate was 60.29% of the average value of its portfolio.

    Portfolio Turnover, Rate rr_PortfolioTurnoverRate 60.29%
    Expense Breakpoint Discounts [Text] rr_ExpenseBreakpointDiscounts You may qualify for sales charge discounts if you, together with certain related accounts, invest, or agree to invest in the future, at least $25,000 in Fund of America.
    Expense Breakpoint, Minimum Investment Required [Amount] rr_ExpenseBreakpointMinimumInvestmentRequiredAmount $ 25,000
    Other Expenses, New Fund, Based on Estimates [Text] rr_OtherExpensesNewFundBasedOnEstimates “Other Expenses” shown generally reflect actual expenses for the Fund for the fiscal year ended October 31, 2018 and estimated expenses in the case of newly organized share classes.
    Expense Example [Heading] rr_ExpenseExampleHeading Example
    Expense Example Narrative [Text Block] rr_ExpenseExampleNarrativeTextBlock

    The following example is intended to help you compare the cost of investing in Fund of America with the cost of investing in other mutual funds. This hypothetical example assumes you invest $10,000 in the Fund for the time periods indicated and then either redeem or do not redeem all shares at the end of those periods. The example also assumes the average annual return is 5% and operating expenses remain the same. Please keep in mind your actual costs may be higher or lower.

    Expense Example by, Year, Caption [Text] rr_ExpenseExampleByYearCaption Sold
    Expense Example, No Redemption, By Year, Caption [Text] rr_ExpenseExampleNoRedemptionByYearCaption Held
    Strategy [Heading] rr_StrategyHeading Principal Investment Strategies
    Strategy Narrative [Text Block] rr_StrategyNarrativeTextBlock

    To achieve its objective of capital appreciation, Fund of America will primarily invest in domestic stocks and, to a lesser extent, debt and foreign equity instruments. Normally, at least 80% of the Fund’s net assets (plus any borrowings for investment purposes) are invested in domestic equity and debt instruments. The Fund “counts” derivative positions on these instruments for purposes of this 80% allocation, and in doing so, values each position at the price at which it is held on the Fund’s books (generally market price). Equity securities include common stocks, preferred stocks, convertible securities and warrants. The Fund may also invest in repurchase agreements and derivatives.


    Derivatives include investing in options, futures and swaps and related products. Specifically, the Fund may enter into interest rate, credit default, currency, equity, fixed income and index swaps and the purchase or sale of related caps, floors and collars.


    In addition, the Fund may enter into options on securities and on stock indices to limit the Fund’s investment risk and augment its investment return. Further, the Fund may write “covered” call options on equity or debt securities and on stock indices in seeking to enhance investment return or to hedge against declines in the prices of portfolio securities or may write put options to hedge against increases in the prices of securities which it intends to purchase. The Fund also may write call options on broadly based stock and bond market indices if at the time of writing it holds a portfolio of stocks or bonds listed on such index. Finally, the Fund may utilize futures contracts and options on futures on securities exchanges or in the over-the-counter market.


    The Fund may enter into certain types of repurchase agreements, primarily as a cash management strategy.


    The investment philosophy and strategy of Fund of America can be broadly characterized as a bottom-up, event-driven approach to choose securities that the Fund believes are undervalued and should perform well. In a bottom-up approach, companies and securities are researched and chosen individually. In an event-driven approach, one looks for companies that appear to be undervalued in relation to their potential value in light of positive corporate changes. Signals of corporate change can be management changes, large share repurchases, potential acquisitions or mergers. If changes are successful, these companies should realize a rise in the stock price. Fund of America invests in the securities of companies that it believes are undervalued relative to their overall financial and managerial strength. Investment decisions for the Fund are made without regard to the capitalization (size) of the companies in which it invests. The Fund may invest in any size company, including large, medium and smaller companies. The Fund may invest in debt securities generally without regard to their credit rating or time to maturity. However, the Fund has no current intention of investing more than 5% of its net assets in high yield bonds.

    Risk [Heading] rr_RiskHeading Principal Investment Risks
    Risk Narrative [Text Block] rr_RiskNarrativeTextBlock

    As with any mutual fund investment, you may lose money by investing in Fund of America. The likelihood of loss may be greater if you invest for a shorter period of time. An investment in the Fund is not intended to be a complete investment program.


    Principal risks of investing in Fund of America, which could adversely affect its net asset value and total return, are:


     

     

    Market Risk — The value of the Fund’s portfolio holdings may fluctuate in response to events specific to the companies or markets in which Fund of America invests, as well as economic, political, or social events in the United States or abroad.

     

     

    Event-Driven Style Risk — The event-driven investment style carries the additional risk that the event anticipated occurs later than expected, does not occur at all, or does not have the desired effect on the market price of the securities.

     

     

    Diversification Risk — The Fund is a non-diversified mutual fund, and as a result, an investment in Fund of America may expose your money to greater risks than if you invest in a diversified fund. Fund of America will invest in a limited number of companies and industries, therefore gains or losses in a particular security may have a greater impact on their share price.


     

     

    Credit and Interest Rate Risk — The value of the Fund’s portfolio may fluctuate in response to the risk that the issuer of a bond or other instrument will not be able to make payments of interest and principal when due. The Fund may invest in debt instruments that are below investment grade, commonly known as junk bonds, which are considered speculative, and carry a higher risk of default. In addition, fluctuations in interest rates can affect the value of debt instruments held by the Fund. An increase in interest rates tends to reduce the market value of debt instruments, while a decline in interest rates tends to increase their values. Longer-duration instruments tend to be more sensitive to interest rate changes than those with shorter durations.

     

     

    Small and Medium-Size Company Risk — The Fund may invest in small and medium-size companies, the securities of which can be more volatile in price than those of larger companies. Positions in smaller companies, especially when the Fund is a large holder of a small company’s securities, also may be more difficult or expensive to trade. The Fund considers small companies to be companies with market capitalizations of less than $1 billion and medium-size companies to have market capitalizations of less than $10 billion.

     

     

    Repurchase Agreements Risk — The Fund may enter into certain types of repurchase agreements, primarily as a cash management strategy. If the seller fails to repurchase the security and the market value declines, the Fund may lose money.

     

     

    Options Risk — The Fund may engage in various options transactions in which the Fund seeks to limit investment risk or increase investment returns by purchasing the right to buy or sell, or by selling the obligation to buy or sell, a security at a set price in the future. The Fund pays a premium when buying options and receives a premium when selling options. When trading options, the Fund may incur losses or forego otherwise realizable gains if market prices do not move as expected.

     

     

    Foreign Investment Risk — The Fund may invest in foreign investments. Foreign investments are susceptible to less politically, economically and socially stable environments, foreign currency and exchange rate changes, and adverse changes to government regulations.


    An investment in the Fund is not a bank deposit and is not insured or guaranteed by the Federal Deposit Insurance Corporation (FDIC) or any other government agency.


    For more information on the risks of investing in Fund of America, please see the More Information about the Funds’ Investments section.

    Risk Lose Money [Text] rr_RiskLoseMoney As with any mutual fund investment, you may lose money by investing in Fund of America.
    Risk Nondiversified Status [Text] rr_RiskNondiversifiedStatus The Fund is a non-diversified mutual fund, and as a result, an investment in Fund of America may expose your money to greater risks than if you invest in a diversified fund. Fund of America will invest in a limited number of companies and industries, therefore gains or losses in a particular security may have a greater impact on their share price.
    Risk Not Insured Depository Institution [Text] rr_RiskNotInsuredDepositoryInstitution An investment in the Fund is not a bank deposit and is not insured or guaranteed by the Federal Deposit Insurance Corporation (FDIC) or any other government agency.
    Bar Chart and Performance Table [Heading] rr_BarChartAndPerformanceTableHeading Investment Results
    Performance Narrative [Text Block] rr_PerformanceNarrativeTextBlock

    The following information provides an indication of the risks of investing in Fund of America by showing changes in the Fund’s performance from year to year, and by showing how the Fund’s average annual returns for 1, 5 and 10 years compare with those of a broad measure of market performance. As with all mutual funds, past performance is not an indication of future performance (before or after taxes).


    After-tax returns are calculated using the highest individual federal income tax rate for each year, and do not reflect the effect of state and local taxes. Actual after-tax returns depend on your individual tax situation. After-tax returns are not relevant to investors in tax-deferred accounts, such as 401(k) plans or individual retirement accounts.


    Updated performance information is available at www.feim.com/individual-investors/fund/fund-america or by calling 800.334.2143.


    The following bar chart assumes reinvestment of dividends and distributions and does not reflect any sales charges. If sales charges were included, the returns would be lower.

    Performance Information Illustrates Variability of Returns [Text] rr_PerformanceInformationIllustratesVariabilityOfReturns The following information provides an indication of the risks of investing in Fund of America by showing changes in the Fund’s performance from year to year, and by showing how the Fund’s average annual returns for 1, 5 and 10 years compare with those of a broad measure of market performance.
    Performance Availability Phone [Text] rr_PerformanceAvailabilityPhone 800.334.2143
    Performance Availability Website Address [Text] rr_PerformanceAvailabilityWebSiteAddress www.feim.com/individual-investors/fund/fund-america
    Performance Past Does Not Indicate Future [Text] rr_PerformancePastDoesNotIndicateFuture As with all mutual funds, past performance is not an indication of future performance (before or after taxes).
    Bar Chart [Heading] rr_BarChartHeading Calendar Year Total Returns—Class Y
    Bar Chart Does Not Reflect Sales Loads [Text] rr_BarChartDoesNotReflectSalesLoads The following bar chart assumes reinvestment of dividends and distributions and does not reflect any sales charges. If sales charges were included, the returns would be lower.
    Bar Chart Closing [Text Block] rr_BarChartClosingTextBlock

     

     

     

     

     

     

     

     

     

    Best Quarter*

     

     

     

    Worst Quarter*

    Second Quarter 2009

     

    13.03%

     

     

     

    Fourth Quarter 2018

     

    -21.67%

     

     

     

     

     


     

    *

     

    For the period presented in the bar chart above.

    Highest Quarterly Return, Label rr_HighestQuarterlyReturnLabel Best Quarter
    Highest Quarterly Return, Date rr_BarChartHighestQuarterlyReturnDate Jun. 30, 2009
    Highest Quarterly Return rr_BarChartHighestQuarterlyReturn 13.03%
    Lowest Quarterly Return, Label rr_LowestQuarterlyReturnLabel Worst Quarter
    Lowest Quarterly Return, Date rr_BarChartLowestQuarterlyReturnDate Dec. 31, 2018
    Lowest Quarterly Return rr_BarChartLowestQuarterlyReturn (21.67%)
    Performance Table Uses Highest Federal Rate rr_PerformanceTableUsesHighestFederalRate After-tax returns are calculated using the highest individual federal income tax rate for each year, and do not reflect the effect of state and local taxes.
    Performance Table Not Relevant to Tax Deferred rr_PerformanceTableNotRelevantToTaxDeferred After-tax returns are not relevant to investors in tax-deferred accounts, such as 401(k) plans or individual retirement accounts.
    Performance Table One Class of after Tax Shown [Text] rr_PerformanceTableOneClassOfAfterTaxShown The following table discloses after-tax returns only for Class Y shares. After-tax returns for Class C, Class A, Class I, Class R3, Class R4, Class R5 and Class R6 shares will vary.
    Performance Table Narrative rr_PerformanceTableNarrativeTextBlock

    The following table discloses after-tax returns only for Class Y shares.


    After-tax returns for Class C, Class A, Class I, Class R3, Class R4, Class R5 and Class R6 shares will vary. While no or only partial information is shown for Class R3, Class R4, Class R5 and Class R6 shares (because they have no or partial performance as of December 31, 2018), annual returns for Class R3, Class R4, Class R5 and Class R6 shares would have been substantially similar to those shown here. Class R3, Class R4, Class R5 and Class R6 shares are invested in the same portfolio of securities and the annual returns differ only to the extent that Class R3, Class R4, Class R5 and Class R6 shares do not have the same expenses as the classes for which more extended performance is shown. Comparative expense information is in the Fees and Expenses table.

    Average Annual Return, Caption rr_AverageAnnualReturnCaption Average Annual Total Returns as of December 31, 2018
    Multi-class Prospectus | First Eagle Fund of America | Class A  
    Risk/Return: rr_RiskReturnAbstract  
    Maximum Sales Charge (Load) on Purchases (as a percentage of public offering price) rr_MaximumSalesChargeImposedOnPurchasesOverOfferingPrice 5.00%
    Maximum Deferred Sales Charge (Load) (as a percentage of the lesser of your purchase or redemption price) rr_MaximumDeferredSalesChargeOverOfferingPrice 1.00% [1]
    Management Fees rr_ManagementFeesOverAssets 0.90% [2]
    Distribution and Service (12b-1) Fees rr_DistributionAndService12b1FeesOverAssets 0.25%
    Other Expenses rr_OtherExpensesOverAssets 0.17% [3]
    Total Annual Operating Expenses (%) rr_ExpensesOverAssets 1.32%
    Expenses Deferred Charges [Text Block] rr_ExpensesDeferredChargesTextBlock A contingent deferred sales charge of 1.00% may apply on certain redemptions of Class A shares made within 18 months following a purchase of $1,000,000 or more without an initial sales charge.
    Expense Example, with Redemption, 1 Year rr_ExpenseExampleYear01 $ 628
    Expense Example, with Redemption, 3 Years rr_ExpenseExampleYear03 897
    Expense Example, with Redemption, 5 Years rr_ExpenseExampleYear05 1,187
    Expense Example, with Redemption, 10 Years rr_ExpenseExampleYear10 2,011
    Expense Example, No Redemption, 1 Year rr_ExpenseExampleNoRedemptionYear01 628
    Expense Example, No Redemption, 3 Years rr_ExpenseExampleNoRedemptionYear03 897
    Expense Example, No Redemption, 5 Years rr_ExpenseExampleNoRedemptionYear05 1,187
    Expense Example, No Redemption, 10 Years rr_ExpenseExampleNoRedemptionYear10 $ 2,011
    1 Year rr_AverageAnnualReturnYear01 (27.65%)
    5 Years rr_AverageAnnualReturnYear05 (1.68%)
    10 Years rr_AverageAnnualReturnYear10 8.26%
    Multi-class Prospectus | First Eagle Fund of America | Class C  
    Risk/Return: rr_RiskReturnAbstract  
    Maximum Sales Charge (Load) on Purchases (as a percentage of public offering price) rr_MaximumSalesChargeImposedOnPurchasesOverOfferingPrice none
    Maximum Deferred Sales Charge (Load) (as a percentage of the lesser of your purchase or redemption price) rr_MaximumDeferredSalesChargeOverOfferingPrice 1.00%
    Management Fees rr_ManagementFeesOverAssets 0.90% [2]
    Distribution and Service (12b-1) Fees rr_DistributionAndService12b1FeesOverAssets 1.00%
    Other Expenses rr_OtherExpensesOverAssets 0.16% [3]
    Total Annual Operating Expenses (%) rr_ExpensesOverAssets 2.06%
    Expense Example, with Redemption, 1 Year rr_ExpenseExampleYear01 $ 309
    Expense Example, with Redemption, 3 Years rr_ExpenseExampleYear03 646
    Expense Example, with Redemption, 5 Years rr_ExpenseExampleYear05 1,108
    Expense Example, with Redemption, 10 Years rr_ExpenseExampleYear10 2,390
    Expense Example, No Redemption, 1 Year rr_ExpenseExampleNoRedemptionYear01 209
    Expense Example, No Redemption, 3 Years rr_ExpenseExampleNoRedemptionYear03 646
    Expense Example, No Redemption, 5 Years rr_ExpenseExampleNoRedemptionYear05 1,108
    Expense Example, No Redemption, 10 Years rr_ExpenseExampleNoRedemptionYear10 $ 2,390
    1 Year rr_AverageAnnualReturnYear01 (24.96%)
    5 Years rr_AverageAnnualReturnYear05 (1.40%)
    10 Years rr_AverageAnnualReturnYear10 8.01%
    Multi-class Prospectus | First Eagle Fund of America | Class Y  
    Risk/Return: rr_RiskReturnAbstract  
    Maximum Sales Charge (Load) on Purchases (as a percentage of public offering price) rr_MaximumSalesChargeImposedOnPurchasesOverOfferingPrice none [4]
    Maximum Deferred Sales Charge (Load) (as a percentage of the lesser of your purchase or redemption price) rr_MaximumDeferredSalesChargeOverOfferingPrice none [4]
    Management Fees rr_ManagementFeesOverAssets 0.90% [2],[4]
    Distribution and Service (12b-1) Fees rr_DistributionAndService12b1FeesOverAssets 0.25% [4]
    Other Expenses rr_OtherExpensesOverAssets 0.18% [3],[4]
    Total Annual Operating Expenses (%) rr_ExpensesOverAssets 1.33% [4]
    Expense Example, with Redemption, 1 Year rr_ExpenseExampleYear01 $ 135
    Expense Example, with Redemption, 3 Years rr_ExpenseExampleYear03 421
    Expense Example, with Redemption, 5 Years rr_ExpenseExampleYear05 729
    Expense Example, with Redemption, 10 Years rr_ExpenseExampleYear10 1,601
    Expense Example, No Redemption, 1 Year rr_ExpenseExampleNoRedemptionYear01 135
    Expense Example, No Redemption, 3 Years rr_ExpenseExampleNoRedemptionYear03 421
    Expense Example, No Redemption, 5 Years rr_ExpenseExampleNoRedemptionYear05 729
    Expense Example, No Redemption, 10 Years rr_ExpenseExampleNoRedemptionYear10 $ 1,601
    Annual Return 2009 rr_AnnualReturn2009 26.13%
    Annual Return 2010 rr_AnnualReturn2010 21.33%
    Annual Return 2011 rr_AnnualReturn2011 (1.01%)
    Annual Return 2012 rr_AnnualReturn2012 21.16%
    Annual Return 2013 rr_AnnualReturn2013 31.04%
    Annual Return 2014 rr_AnnualReturn2014 10.32%
    Annual Return 2015 rr_AnnualReturn2015 (3.54%)
    Annual Return 2016 rr_AnnualReturn2016 (1.97%)
    Annual Return 2017 rr_AnnualReturn2017 21.77%
    Annual Return 2018 rr_AnnualReturn2018 (23.85%)
    1 Year rr_AverageAnnualReturnYear01 (23.85%)
    5 Years rr_AverageAnnualReturnYear05 (0.66%)
    10 Years rr_AverageAnnualReturnYear10 8.81%
    Multi-class Prospectus | First Eagle Fund of America | Class Y | After Taxes on Distributions  
    Risk/Return: rr_RiskReturnAbstract  
    1 Year rr_AverageAnnualReturnYear01 (27.35%)
    5 Years rr_AverageAnnualReturnYear05 (2.78%)
    10 Years rr_AverageAnnualReturnYear10 7.43%
    Multi-class Prospectus | First Eagle Fund of America | Class Y | After Taxes on Distributions and Sale of Fund Shares  
    Risk/Return: rr_RiskReturnAbstract  
    1 Year rr_AverageAnnualReturnYear01 (11.41%)
    5 Years rr_AverageAnnualReturnYear05 (0.30%)
    10 Years rr_AverageAnnualReturnYear10 7.30%
    Multi-class Prospectus | First Eagle Fund of America | Class I  
    Risk/Return: rr_RiskReturnAbstract  
    Maximum Sales Charge (Load) on Purchases (as a percentage of public offering price) rr_MaximumSalesChargeImposedOnPurchasesOverOfferingPrice none
    Maximum Deferred Sales Charge (Load) (as a percentage of the lesser of your purchase or redemption price) rr_MaximumDeferredSalesChargeOverOfferingPrice none
    Management Fees rr_ManagementFeesOverAssets 0.90% [2]
    Distribution and Service (12b-1) Fees rr_DistributionAndService12b1FeesOverAssets none
    Other Expenses rr_OtherExpensesOverAssets 0.12% [3]
    Total Annual Operating Expenses (%) rr_ExpensesOverAssets 1.02%
    Expense Example, with Redemption, 1 Year rr_ExpenseExampleYear01 $ 104
    Expense Example, with Redemption, 3 Years rr_ExpenseExampleYear03 325
    Expense Example, with Redemption, 5 Years rr_ExpenseExampleYear05 563
    Expense Example, with Redemption, 10 Years rr_ExpenseExampleYear10 1,248
    Expense Example, No Redemption, 1 Year rr_ExpenseExampleNoRedemptionYear01 104
    Expense Example, No Redemption, 3 Years rr_ExpenseExampleNoRedemptionYear03 325
    Expense Example, No Redemption, 5 Years rr_ExpenseExampleNoRedemptionYear05 563
    Expense Example, No Redemption, 10 Years rr_ExpenseExampleNoRedemptionYear10 $ 1,248
    1 Year rr_AverageAnnualReturnYear01 (23.61%)
    5 Years rr_AverageAnnualReturnYear05 (0.37%)
    Since Inception rr_AverageAnnualReturnSinceInception 3.14%
    Inception Date rr_AverageAnnualReturnInceptionDate Mar. 08, 2013
    Multi-class Prospectus | First Eagle Fund of America | Class I | Standard & Poor’s 500 Index  
    Risk/Return: rr_RiskReturnAbstract  
    1 Year rr_AverageAnnualReturnYear01 (4.38%)
    5 Years rr_AverageAnnualReturnYear05 8.49%
    10 Years rr_AverageAnnualReturnYear10 13.12%
    Since Inception rr_AverageAnnualReturnSinceInception 10.84%
    Inception Date rr_AverageAnnualReturnInceptionDate Mar. 08, 2013
    Multi-class Prospectus | First Eagle Fund of America | Class R3  
    Risk/Return: rr_RiskReturnAbstract  
    Maximum Sales Charge (Load) on Purchases (as a percentage of public offering price) rr_MaximumSalesChargeImposedOnPurchasesOverOfferingPrice none
    Maximum Deferred Sales Charge (Load) (as a percentage of the lesser of your purchase or redemption price) rr_MaximumDeferredSalesChargeOverOfferingPrice none
    Management Fees rr_ManagementFeesOverAssets 0.90% [2]
    Distribution and Service (12b-1) Fees rr_DistributionAndService12b1FeesOverAssets 0.35%
    Other Expenses rr_OtherExpensesOverAssets 0.13% [3]
    Total Annual Operating Expenses (%) rr_ExpensesOverAssets 1.38%
    Expense Example, with Redemption, 1 Year rr_ExpenseExampleYear01 $ 140
    Expense Example, with Redemption, 3 Years rr_ExpenseExampleYear03 437
    Expense Example, with Redemption, 5 Years rr_ExpenseExampleYear05 755
    Expense Example, with Redemption, 10 Years rr_ExpenseExampleYear10 1,657
    Expense Example, No Redemption, 1 Year rr_ExpenseExampleNoRedemptionYear01 140
    Expense Example, No Redemption, 3 Years rr_ExpenseExampleNoRedemptionYear03 437
    Expense Example, No Redemption, 5 Years rr_ExpenseExampleNoRedemptionYear05 755
    Expense Example, No Redemption, 10 Years rr_ExpenseExampleNoRedemptionYear10 $ 1,657
    Performance One Year or Less [Text] rr_PerformanceOneYearOrLess While no or only partial information is shown for Class R3, Class R4, Class R5 and Class R6 shares (because they have no or partial performance as of December 31, 2018), annual returns for Class R3, Class R4, Class R5 and Class R6 shares would have been substantially similar to those shown here.
    Since Inception rr_AverageAnnualReturnSinceInception (21.17%)
    Inception Date rr_AverageAnnualReturnInceptionDate May 01, 2018
    Multi-class Prospectus | First Eagle Fund of America | Class R3 | Standard & Poor’s 500 Index  
    Risk/Return: rr_RiskReturnAbstract  
    1 Year rr_AverageAnnualReturnYear01 (4.38%)
    5 Years rr_AverageAnnualReturnYear05 8.49%
    10 Years rr_AverageAnnualReturnYear10 13.12%
    Since Inception rr_AverageAnnualReturnSinceInception (4.27%)
    Inception Date rr_AverageAnnualReturnInceptionDate May 01, 2018
    Multi-class Prospectus | First Eagle Fund of America | Class R4  
    Risk/Return: rr_RiskReturnAbstract  
    Maximum Sales Charge (Load) on Purchases (as a percentage of public offering price) rr_MaximumSalesChargeImposedOnPurchasesOverOfferingPrice none
    Maximum Deferred Sales Charge (Load) (as a percentage of the lesser of your purchase or redemption price) rr_MaximumDeferredSalesChargeOverOfferingPrice none
    Management Fees rr_ManagementFeesOverAssets 0.90% [2]
    Distribution and Service (12b-1) Fees rr_DistributionAndService12b1FeesOverAssets 0.10%
    Other Expenses rr_OtherExpensesOverAssets 0.23% [3]
    Total Annual Operating Expenses (%) rr_ExpensesOverAssets 1.23%
    Expense Example, with Redemption, 1 Year rr_ExpenseExampleYear01 $ 125
    Expense Example, with Redemption, 3 Years rr_ExpenseExampleYear03 390
    Expense Example, with Redemption, 5 Years rr_ExpenseExampleYear05 676
    Expense Example, with Redemption, 10 Years rr_ExpenseExampleYear10 1,489
    Expense Example, No Redemption, 1 Year rr_ExpenseExampleNoRedemptionYear01 125
    Expense Example, No Redemption, 3 Years rr_ExpenseExampleNoRedemptionYear03 390
    Expense Example, No Redemption, 5 Years rr_ExpenseExampleNoRedemptionYear05 676
    Expense Example, No Redemption, 10 Years rr_ExpenseExampleNoRedemptionYear10 $ 1,489
    Performance One Year or Less [Text] rr_PerformanceOneYearOrLess While no or only partial information is shown for Class R3, Class R4, Class R5 and Class R6 shares (because they have no or partial performance as of December 31, 2018), annual returns for Class R3, Class R4, Class R5 and Class R6 shares would have been substantially similar to those shown here.
    Multi-class Prospectus | First Eagle Fund of America | Class R5  
    Risk/Return: rr_RiskReturnAbstract  
    Maximum Sales Charge (Load) on Purchases (as a percentage of public offering price) rr_MaximumSalesChargeImposedOnPurchasesOverOfferingPrice none
    Maximum Deferred Sales Charge (Load) (as a percentage of the lesser of your purchase or redemption price) rr_MaximumDeferredSalesChargeOverOfferingPrice none
    Management Fees rr_ManagementFeesOverAssets 0.90% [2]
    Distribution and Service (12b-1) Fees rr_DistributionAndService12b1FeesOverAssets none
    Other Expenses rr_OtherExpensesOverAssets 0.23% [3]
    Total Annual Operating Expenses (%) rr_ExpensesOverAssets 1.13%
    Expense Example, with Redemption, 1 Year rr_ExpenseExampleYear01 $ 115
    Expense Example, with Redemption, 3 Years rr_ExpenseExampleYear03 359
    Expense Example, with Redemption, 5 Years rr_ExpenseExampleYear05 622
    Expense Example, with Redemption, 10 Years rr_ExpenseExampleYear10 1,375
    Expense Example, No Redemption, 1 Year rr_ExpenseExampleNoRedemptionYear01 115
    Expense Example, No Redemption, 3 Years rr_ExpenseExampleNoRedemptionYear03 359
    Expense Example, No Redemption, 5 Years rr_ExpenseExampleNoRedemptionYear05 622
    Expense Example, No Redemption, 10 Years rr_ExpenseExampleNoRedemptionYear10 $ 1,375
    Performance One Year or Less [Text] rr_PerformanceOneYearOrLess While no or only partial information is shown for Class R3, Class R4, Class R5 and Class R6 shares (because they have no or partial performance as of December 31, 2018), annual returns for Class R3, Class R4, Class R5 and Class R6 shares would have been substantially similar to those shown here.
    Multi-class Prospectus | First Eagle Fund of America | Class R6  
    Risk/Return: rr_RiskReturnAbstract  
    Maximum Sales Charge (Load) on Purchases (as a percentage of public offering price) rr_MaximumSalesChargeImposedOnPurchasesOverOfferingPrice none
    Maximum Deferred Sales Charge (Load) (as a percentage of the lesser of your purchase or redemption price) rr_MaximumDeferredSalesChargeOverOfferingPrice none
    Management Fees rr_ManagementFeesOverAssets 0.90% [2]
    Distribution and Service (12b-1) Fees rr_DistributionAndService12b1FeesOverAssets none
    Other Expenses rr_OtherExpensesOverAssets 0.08% [3]
    Total Annual Operating Expenses (%) rr_ExpensesOverAssets 0.98%
    Expense Example, with Redemption, 1 Year rr_ExpenseExampleYear01 $ 100
    Expense Example, with Redemption, 3 Years rr_ExpenseExampleYear03 312
    Expense Example, with Redemption, 5 Years rr_ExpenseExampleYear05 542
    Expense Example, with Redemption, 10 Years rr_ExpenseExampleYear10 1,201
    Expense Example, No Redemption, 1 Year rr_ExpenseExampleNoRedemptionYear01 100
    Expense Example, No Redemption, 3 Years rr_ExpenseExampleNoRedemptionYear03 312
    Expense Example, No Redemption, 5 Years rr_ExpenseExampleNoRedemptionYear05 542
    Expense Example, No Redemption, 10 Years rr_ExpenseExampleNoRedemptionYear10 $ 1,201
    Performance One Year or Less [Text] rr_PerformanceOneYearOrLess While no or only partial information is shown for Class R3, Class R4, Class R5 and Class R6 shares (because they have no or partial performance as of December 31, 2018), annual returns for Class R3, Class R4, Class R5 and Class R6 shares would have been substantially similar to those shown here.
    1 Year rr_AverageAnnualReturnYear01 (23.55%)
    Since Inception rr_AverageAnnualReturnSinceInception (7.67%)
    Inception Date rr_AverageAnnualReturnInceptionDate Mar. 01, 2017
    Multi-class Prospectus | First Eagle Fund of America | Class R6 | Standard & Poor’s 500 Index  
    Risk/Return: rr_RiskReturnAbstract  
    1 Year rr_AverageAnnualReturnYear01 (4.38%)
    5 Years rr_AverageAnnualReturnYear05 8.49%
    10 Years rr_AverageAnnualReturnYear10 13.12%
    Since Inception rr_AverageAnnualReturnSinceInception 4.51%
    Inception Date rr_AverageAnnualReturnInceptionDate Mar. 01, 2017
    [1] A contingent deferred sales charge of 1.00% may apply on certain redemptions of Class A shares made within 18 months following a purchase of $1,000,000 or more without an initial sales charge.
    [2] 0.90% of the first $2.25 billion of the Fund's average daily net assets, 0.85% of the next $2.75 billion of average daily net assets, and 0.80% of average daily net assets in excess of $5 billion.
    [3] "Other Expenses" shown generally reflect actual expenses for the Fund for the fiscal year ended October 31, 2018 and estimated expenses in the case of newly organized share classes.
    [4] Closed to new investors.
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    Class T Prospectus | First Eagle Global Fund
    First Eagle Global Fund
    Investment Objective

    First Eagle Global Fund (“Global Fund”) seeks long-term growth of capital by investing in a range of asset classes from markets in the United States and throughout the world.

    Fees and Expenses of the Global Fund

    The following information describes the fees and expenses you may pay if you buy and hold shares of the Global Fund.


    You may qualify for sales charge discounts if you invest at least $250,000 in the Global Fund. Information about these discounts is available from your financial professional and in the How to Purchase Shares and Public Offering Price of Class T Shares sections on pages 69 and 74, respectively, and in the appendix to this Prospectus titled Intermediary-Specific Front-End Sales Load and Waiver Terms.

    Shareholder Fees (fees paid directly from your investment)
    Shareholder Fees
    Class T Prospectus
    First Eagle Global Fund
    Class T
    Maximum Sales Charge (Load) on Purchases (as a percentage of public offering price) 2.50%
    Maximum Deferred Sales Charge (Load) (as a percentage of the lesser of your purchase or redemption price) none
    Annual Fund Operating Expenses (expenses you pay each year as a percentage of the value of your investment)
    Annual Fund Operating Expenses
    Class T Prospectus
    First Eagle Global Fund
    Class T
    Management Fees 0.75%
    Distribution and/or Service (12b-1) Fees 0.25%
    Other Expenses 0.11% [1]
    Total Annual Operating Expenses (%) 1.11%
    [1] "Other Expenses" shown generally reflect actual expenses for the Fund for the fiscal year ended October 31, 2018 as adjusted for estimates in the case of newly organized share classes.
    Example

    The following example is intended to help you compare the cost of investing in the Global Fund with the cost of investing in other mutual funds. This hypothetical example assumes you invest $10,000 in the Fund for the time periods indicated and then either redeem or do not redeem all shares at the end of those periods. The example also assumes the average annual return is 5% and operating expenses remain the same. Please keep in mind your actual costs may be higher or lower.

    Sold
    Expense Example
    1 Year
    3 Years
    5 Years
    10 Years
    Class T Prospectus | First Eagle Global Fund | Class T | USD ($) 360 594 846 1,568
    Held
    Expense Example No Redemption
    1 Year
    3 Years
    5 Years
    10 Years
    Class T Prospectus | First Eagle Global Fund | Class T | USD ($) 360 594 846 1,568
    Portfolio Turnover Rate

    The Global Fund pays transaction costs, such as commissions, when it buys and sells securities (or “turns over” its portfolio). A higher portfolio turnover rate may indicate higher transaction costs and may result in higher taxes when the Fund shares are held in a taxable account. These costs, which are not reflected in annual Fund operating expenses or in the example, affect the Fund’s performance. During the most recent fiscal year, the Fund’s portfolio turnover rate was 14.91% of the average value of its portfolio.

    Principal Investment Strategies

    To achieve its objective of long-term capital growth, the Global Fund will normally invest primarily in common stocks (and securities convertible into common stocks) of U.S. and foreign companies.


    Investment decisions for the Fund are made without regard to the capitalization (size) of the companies in which it invests. The Fund may invest in any size company, including large, medium and smaller companies. The Fund may also invest in fixed-income instruments (without regard to credit rating or time to maturity), short-term debt instruments, gold and other precious metals, and futures contracts related to precious metals. Under normal circumstances, the Fund anticipates it will allocate a substantial amount of its assets to foreign investments. That generally means that approximately 40% or more of the Fund’s net assets (plus any borrowings for investment purposes) will be allocated to foreign investments (unless market conditions are not deemed favorable by the Fund, in which case the Fund expects to invest at least 30% of its net assets (plus any borrowings for investment purposes) in foreign investments). For purposes of these 40% and 30% of assets allocations, the Fund “counts” relevant derivative positions on foreign investments, and in doing so, values each position at the price at which it is held on the Fund’s books (generally market price).


    The investment philosophy and strategy of the Global Fund can be broadly characterized as a “value” approach, as it seeks a “margin of safety” in each investment purchase with the goal being to avoid permanent impairment of capital (as opposed to temporary losses in share value relating to shifting investor sentiment or other normal share price volatility). In particular, a discount to “intrinsic value” is sought even for the best of businesses, with a deeper discount demanded for companies that we view as under business model, balance sheet, management or other stresses. “Intrinsic value” is based on our judgment of what a prudent and rational business buyer would pay in cash for all of the company in normal markets. See also Defensive Investment Strategies.


    The Fund makes some investments through a special purpose trading subsidiary (the “Subsidiary”) and may invest up to 25% of its total assets in the Subsidiary. The Subsidiary is a wholly-owned and controlled subsidiary of the Fund, organized under the laws of the Cayman Islands as an exempted company. Generally, the Subsidiary will invest in commodities and related instruments (primarily gold bullion and other precious metals and related futures contracts).

    Principal Investment Risks

    As with any mutual fund investment, you may lose money by investing in the Global Fund. The likelihood of loss may be greater if you invest for a shorter period of time. An investment in the Fund is not intended to be a complete investment program.


    Principal risks of investing in the Global Fund, which could adversely affect its net asset value and total return, are:


     

     

    Market Risk — The value of the Fund’s portfolio holdings may fluctuate in response to events specific to the companies or markets in which the Fund invests, as well as economic, political, or social events in the United States or abroad.

     

     

    Foreign Investment Risk — The Fund may invest in foreign investments. Foreign investments are susceptible to less politically, economically and socially stable environments, foreign currency and exchange rate changes, and adverse changes to government regulations.

     

     

    Small and Medium-Size Company Risk — The Fund may invest in small and medium-size companies, the securities of which can be more volatile in price than those of larger companies. Positions in smaller companies, especially when the Fund is a large holder of a small company’s securities, also may be more difficult or expensive to trade. The Fund considers small companies to be companies with market capitalizations of less than $1 billion and medium-size companies to have market capitalizations of less than $10 billion.


     

     

    Gold Risk — The Fund may invest in both physical gold and the securities of companies in the gold mining sector. Prices of gold-related issues are susceptible to changes in U.S. and foreign regulatory policies, taxes, currencies, mining laws, inflation, and various other market conditions.

     

     

    Credit and Interest Rate Risk — The value of the Fund’s portfolio may fluctuate in response to the risk that the issuer of a bond or other instrument will not be able to make payments of interest and principal when due. The Fund may invest in debt instruments that are below investment grade, commonly known as junk bonds, which are considered speculative, and carry a higher risk of default. In addition, fluctuations in interest rates can affect the value of debt instruments held by the Fund. An increase in interest rates tends to reduce the market value of debt instruments, while a decline in interest rates tends to increase their values. Longer-duration instruments tend to be more sensitive to interest rate changes than those with shorter durations.

     

     

    Derivatives Risk — Futures contracts or other “derivatives,” including hedging strategies, present risks related to their significant price volatility and risk of default by the counterparty to the contract. To date, derivatives have been used mainly under a hedging program intended to reduce the impact of foreign exchange rate changes on the Fund’s value.

     

     

    Currency Risk — Currency risk is the risk that foreign currencies will decline in value relative to that of the U.S. dollar and affect the Fund’s non-U.S. currencies or securities that trade in and receive revenue in non-U.S. currencies.

     

     

    Subsidiary Risk — By investing in the Subsidiary, the Fund is indirectly exposed to the risks associated with the Subsidiary’s investments. The Subsidiary is not registered under the Investment Company Act of 1940, as amended (the “1940 Act”) and is not subject to all of the investor protections of the 1940 Act. Changes in the laws of the United States and/or the Cayman Islands could result in the inability of the Fund and/or the Subsidiary to operate as expected and could adversely affect the Fund.


    An investment in the Fund is not a bank deposit and is not insured or guaranteed by the Federal Deposit Insurance Corporation (FDIC) or any other government agency.


    For more information on the risks of investing in the Global Fund, please see the More Information about the Funds’ Investments section.

    Investment Results

    The following information provides an indication of the risks of investing in the Global Fund by showing changes in the Fund’s performance from year to year, and by showing how the Fund’s average annual returns for 1, 5 and 10 years compare with those of a broad measure of market performance. As with all mutual funds, past performance is not an indication of future performance (before or after taxes).


    After-tax returns are calculated using the highest individual federal income tax rate for each year, and do not reflect the effect of state and local taxes. Actual after-tax returns depend on your individual tax situation. After-tax returns are not relevant to investors in tax-deferred accounts, such as 401(k) plans or individual retirement accounts.


    Updated performance information is available at www.feim.com/individual-investors/fund/global-fund or by calling 800.334.2143.


    The following bar chart assumes reinvestment of dividends and distributions and does not reflect any sales charges. If sales charges were included the returns would be lower.

    Calendar Year Total Returns—Class A
    Bar Chart

     

     

     

     

     

     

     

     

     

    Best Quarter*

     

     

     

    Worst Quarter*

    Third Quarter 2009

     

    14.58%

     

     

     

    Third Quarter 2011

     

    -9.95%

     

     

     

     

     


     

    *

     

    For the period presented in the bar chart above.

    Average Annual Total Returns as of December 31, 2018

    The bar chart above and table below disclose returns only for Class A shares (which are not offered by this prospectus).


    While no information is shown for the Class T shares (because they have no or partial performance as of December 31, 2018), annual returns for Class T shares would have been substantially similar to those shown here. Class T shares are invested in the same portfolio of securities and the annual returns would differ only to the extent that Class T shares do not have the same expenses.

    Average Annual Returns - Class T Prospectus - First Eagle Global Fund
    1 Year
    5 Years
    10 Years
    Class A (13.08%) (2.16%) 7.62%
    After Taxes on Distributions | Class A (14.29%) 1.16% 6.83%
    After Taxes on Distributions and Sale of Fund Shares | Class A (6.84%) 1.65% 6.21%
    MSCI World Index (8.71%) 4.56% 9.67%
    XML 34 R65.htm IDEA: XBRL DOCUMENT v3.19.1
    Label Element Value
    Class T Prospectus | First Eagle Global Fund  
    Risk/Return: rr_RiskReturnAbstract  
    Risk/Return [Heading] rr_RiskReturnHeading First Eagle Global Fund
    Objective [Heading] rr_ObjectiveHeading Investment Objective
    Objective, Primary [Text Block] rr_ObjectivePrimaryTextBlock

    First Eagle Global Fund (“Global Fund”) seeks long-term growth of capital by investing in a range of asset classes from markets in the United States and throughout the world.

    Expense [Heading] rr_ExpenseHeading Fees and Expenses of the Global Fund
    Expense Narrative [Text Block] rr_ExpenseNarrativeTextBlock

    The following information describes the fees and expenses you may pay if you buy and hold shares of the Global Fund.


    You may qualify for sales charge discounts if you invest at least $250,000 in the Global Fund. Information about these discounts is available from your financial professional and in the How to Purchase Shares and Public Offering Price of Class T Shares sections on pages 69 and 74, respectively, and in the appendix to this Prospectus titled Intermediary-Specific Front-End Sales Load and Waiver Terms.

    Shareholder Fees Caption [Text] rr_ShareholderFeesCaption Shareholder Fees (fees paid directly from your investment)
    Operating Expenses Caption [Text] rr_OperatingExpensesCaption Annual Fund Operating Expenses (expenses you pay each year as a percentage of the value of your investment)
    Portfolio Turnover [Heading] rr_PortfolioTurnoverHeading Portfolio Turnover Rate
    Portfolio Turnover [Text Block] rr_PortfolioTurnoverTextBlock

    The Global Fund pays transaction costs, such as commissions, when it buys and sells securities (or “turns over” its portfolio). A higher portfolio turnover rate may indicate higher transaction costs and may result in higher taxes when the Fund shares are held in a taxable account. These costs, which are not reflected in annual Fund operating expenses or in the example, affect the Fund’s performance. During the most recent fiscal year, the Fund’s portfolio turnover rate was 14.91% of the average value of its portfolio.

    Portfolio Turnover, Rate rr_PortfolioTurnoverRate 14.91%
    Expense Breakpoint Discounts [Text] rr_ExpenseBreakpointDiscounts You may qualify for sales charge discounts if you invest at least $250,000 in the Global Fund.
    Expense Breakpoint, Minimum Investment Required [Amount] rr_ExpenseBreakpointMinimumInvestmentRequiredAmount $ 250,000
    Other Expenses, New Fund, Based on Estimates [Text] rr_OtherExpensesNewFundBasedOnEstimates “Other Expenses” shown generally reflect actual expenses for the Fund for the fiscal year ended October 31, 2018 as adjusted for estimates in the case of newly organized share classes.
    Expense Example [Heading] rr_ExpenseExampleHeading Example
    Expense Example Narrative [Text Block] rr_ExpenseExampleNarrativeTextBlock

    The following example is intended to help you compare the cost of investing in the Global Fund with the cost of investing in other mutual funds. This hypothetical example assumes you invest $10,000 in the Fund for the time periods indicated and then either redeem or do not redeem all shares at the end of those periods. The example also assumes the average annual return is 5% and operating expenses remain the same. Please keep in mind your actual costs may be higher or lower.

    Expense Example by, Year, Caption [Text] rr_ExpenseExampleByYearCaption Sold
    Expense Example, No Redemption, By Year, Caption [Text] rr_ExpenseExampleNoRedemptionByYearCaption Held
    Strategy [Heading] rr_StrategyHeading Principal Investment Strategies
    Strategy Narrative [Text Block] rr_StrategyNarrativeTextBlock

    To achieve its objective of long-term capital growth, the Global Fund will normally invest primarily in common stocks (and securities convertible into common stocks) of U.S. and foreign companies.


    Investment decisions for the Fund are made without regard to the capitalization (size) of the companies in which it invests. The Fund may invest in any size company, including large, medium and smaller companies. The Fund may also invest in fixed-income instruments (without regard to credit rating or time to maturity), short-term debt instruments, gold and other precious metals, and futures contracts related to precious metals. Under normal circumstances, the Fund anticipates it will allocate a substantial amount of its assets to foreign investments. That generally means that approximately 40% or more of the Fund’s net assets (plus any borrowings for investment purposes) will be allocated to foreign investments (unless market conditions are not deemed favorable by the Fund, in which case the Fund expects to invest at least 30% of its net assets (plus any borrowings for investment purposes) in foreign investments). For purposes of these 40% and 30% of assets allocations, the Fund “counts” relevant derivative positions on foreign investments, and in doing so, values each position at the price at which it is held on the Fund’s books (generally market price).


    The investment philosophy and strategy of the Global Fund can be broadly characterized as a “value” approach, as it seeks a “margin of safety” in each investment purchase with the goal being to avoid permanent impairment of capital (as opposed to temporary losses in share value relating to shifting investor sentiment or other normal share price volatility). In particular, a discount to “intrinsic value” is sought even for the best of businesses, with a deeper discount demanded for companies that we view as under business model, balance sheet, management or other stresses. “Intrinsic value” is based on our judgment of what a prudent and rational business buyer would pay in cash for all of the company in normal markets. See also Defensive Investment Strategies.


    The Fund makes some investments through a special purpose trading subsidiary (the “Subsidiary”) and may invest up to 25% of its total assets in the Subsidiary. The Subsidiary is a wholly-owned and controlled subsidiary of the Fund, organized under the laws of the Cayman Islands as an exempted company. Generally, the Subsidiary will invest in commodities and related instruments (primarily gold bullion and other precious metals and related futures contracts).

    Risk [Heading] rr_RiskHeading Principal Investment Risks
    Risk Narrative [Text Block] rr_RiskNarrativeTextBlock

    As with any mutual fund investment, you may lose money by investing in the Global Fund. The likelihood of loss may be greater if you invest for a shorter period of time. An investment in the Fund is not intended to be a complete investment program.


    Principal risks of investing in the Global Fund, which could adversely affect its net asset value and total return, are:


     

     

    Market Risk — The value of the Fund’s portfolio holdings may fluctuate in response to events specific to the companies or markets in which the Fund invests, as well as economic, political, or social events in the United States or abroad.

     

     

    Foreign Investment Risk — The Fund may invest in foreign investments. Foreign investments are susceptible to less politically, economically and socially stable environments, foreign currency and exchange rate changes, and adverse changes to government regulations.

     

     

    Small and Medium-Size Company Risk — The Fund may invest in small and medium-size companies, the securities of which can be more volatile in price than those of larger companies. Positions in smaller companies, especially when the Fund is a large holder of a small company’s securities, also may be more difficult or expensive to trade. The Fund considers small companies to be companies with market capitalizations of less than $1 billion and medium-size companies to have market capitalizations of less than $10 billion.


     

     

    Gold Risk — The Fund may invest in both physical gold and the securities of companies in the gold mining sector. Prices of gold-related issues are susceptible to changes in U.S. and foreign regulatory policies, taxes, currencies, mining laws, inflation, and various other market conditions.

     

     

    Credit and Interest Rate Risk — The value of the Fund’s portfolio may fluctuate in response to the risk that the issuer of a bond or other instrument will not be able to make payments of interest and principal when due. The Fund may invest in debt instruments that are below investment grade, commonly known as junk bonds, which are considered speculative, and carry a higher risk of default. In addition, fluctuations in interest rates can affect the value of debt instruments held by the Fund. An increase in interest rates tends to reduce the market value of debt instruments, while a decline in interest rates tends to increase their values. Longer-duration instruments tend to be more sensitive to interest rate changes than those with shorter durations.

     

     

    Derivatives Risk — Futures contracts or other “derivatives,” including hedging strategies, present risks related to their significant price volatility and risk of default by the counterparty to the contract. To date, derivatives have been used mainly under a hedging program intended to reduce the impact of foreign exchange rate changes on the Fund’s value.

     

     

    Currency Risk — Currency risk is the risk that foreign currencies will decline in value relative to that of the U.S. dollar and affect the Fund’s non-U.S. currencies or securities that trade in and receive revenue in non-U.S. currencies.

     

     

    Subsidiary Risk — By investing in the Subsidiary, the Fund is indirectly exposed to the risks associated with the Subsidiary’s investments. The Subsidiary is not registered under the Investment Company Act of 1940, as amended (the “1940 Act”) and is not subject to all of the investor protections of the 1940 Act. Changes in the laws of the United States and/or the Cayman Islands could result in the inability of the Fund and/or the Subsidiary to operate as expected and could adversely affect the Fund.


    An investment in the Fund is not a bank deposit and is not insured or guaranteed by the Federal Deposit Insurance Corporation (FDIC) or any other government agency.


    For more information on the risks of investing in the Global Fund, please see the More Information about the Funds’ Investments section.

    Risk Lose Money [Text] rr_RiskLoseMoney As with any mutual fund investment, you may lose money by investing in the Global Fund.
    Risk Not Insured Depository Institution [Text] rr_RiskNotInsuredDepositoryInstitution An investment in the Fund is not a bank deposit and is not insured or guaranteed by the Federal Deposit Insurance Corporation (FDIC) or any other government agency.
    Bar Chart and Performance Table [Heading] rr_BarChartAndPerformanceTableHeading Investment Results
    Performance Narrative [Text Block] rr_PerformanceNarrativeTextBlock

    The following information provides an indication of the risks of investing in the Global Fund by showing changes in the Fund’s performance from year to year, and by showing how the Fund’s average annual returns for 1, 5 and 10 years compare with those of a broad measure of market performance. As with all mutual funds, past performance is not an indication of future performance (before or after taxes).


    After-tax returns are calculated using the highest individual federal income tax rate for each year, and do not reflect the effect of state and local taxes. Actual after-tax returns depend on your individual tax situation. After-tax returns are not relevant to investors in tax-deferred accounts, such as 401(k) plans or individual retirement accounts.


    Updated performance information is available at www.feim.com/individual-investors/fund/global-fund or by calling 800.334.2143.


    The following bar chart assumes reinvestment of dividends and distributions and does not reflect any sales charges. If sales charges were included the returns would be lower.

    Performance Information Illustrates Variability of Returns [Text] rr_PerformanceInformationIllustratesVariabilityOfReturns The following information provides an indication of the risks of investing in the Global Fund by showing changes in the Fund’s performance from year to year, and by showing how the Fund’s average annual returns for 1, 5 and 10 years compare with those of a broad measure of market performance.
    Performance One Year or Less [Text] rr_PerformanceOneYearOrLess While no information is shown for the Class T shares (because they have no or partial performance as of December 31, 2018), annual returns for Class T shares would have been substantially similar to those shown here.
    Performance Availability Phone [Text] rr_PerformanceAvailabilityPhone 800.334.2143
    Performance Availability Website Address [Text] rr_PerformanceAvailabilityWebSiteAddress www.feim.com/individual-investors/fund/global-fund
    Performance Past Does Not Indicate Future [Text] rr_PerformancePastDoesNotIndicateFuture As with all mutual funds, past performance is not an indication of future performance (before or after taxes).
    Bar Chart [Heading] rr_BarChartHeading Calendar Year Total Returns—Class A
    Bar Chart Does Not Reflect Sales Loads [Text] rr_BarChartDoesNotReflectSalesLoads The following bar chart assumes reinvestment of dividends and distributions and does not reflect any sales charges. If sales charges were included, the returns would be lower.
    Bar Chart Closing [Text Block] rr_BarChartClosingTextBlock

     

     

     

     

     

     

     

     

     

    Best Quarter*

     

     

     

    Worst Quarter*

    Third Quarter 2009

     

    14.58%

     

     

     

    Third Quarter 2011

     

    -9.95%

     

     

     

     

     


     

    *

     

    For the period presented in the bar chart above.

    Bar Chart, Returns for Class Not Offered in Prospectus [Text] rr_BarChartReturnsForClassNotOfferedInProspectus The bar chart above and table below disclose returns only for Class A shares (which are not offered by this prospectus).
    Highest Quarterly Return, Label rr_HighestQuarterlyReturnLabel Best Quarter
    Highest Quarterly Return, Date rr_BarChartHighestQuarterlyReturnDate Sep. 30, 2009
    Highest Quarterly Return rr_BarChartHighestQuarterlyReturn 14.58%
    Lowest Quarterly Return, Label rr_LowestQuarterlyReturnLabel Worst Quarter
    Lowest Quarterly Return, Date rr_BarChartLowestQuarterlyReturnDate Sep. 30, 2011
    Lowest Quarterly Return rr_BarChartLowestQuarterlyReturn (9.95%)
    Performance Table Uses Highest Federal Rate rr_PerformanceTableUsesHighestFederalRate After-tax returns are calculated using the highest individual federal income tax rate for each year, and do not reflect the effect of state and local taxes.
    Performance Table Not Relevant to Tax Deferred rr_PerformanceTableNotRelevantToTaxDeferred After-tax returns are not relevant to investors in tax-deferred accounts, such as 401(k) plans or individual retirement accounts.
    Performance Table Narrative rr_PerformanceTableNarrativeTextBlock

    The bar chart above and table below disclose returns only for Class A shares (which are not offered by this prospectus).


    While no information is shown for the Class T shares (because they have no or partial performance as of December 31, 2018), annual returns for Class T shares would have been substantially similar to those shown here. Class T shares are invested in the same portfolio of securities and the annual returns would differ only to the extent that Class T shares do not have the same expenses.

    Average Annual Return, Caption rr_AverageAnnualReturnCaption Average Annual Total Returns as of December 31, 2018
    Class T Prospectus | First Eagle Global Fund | MSCI World Index  
    Risk/Return: rr_RiskReturnAbstract  
    1 Year rr_AverageAnnualReturnYear01 (8.71%)
    5 Years rr_AverageAnnualReturnYear05 4.56%
    10 Years rr_AverageAnnualReturnYear10 9.67%
    Class T Prospectus | First Eagle Global Fund | Class T  
    Risk/Return: rr_RiskReturnAbstract  
    Maximum Sales Charge (Load) on Purchases (as a percentage of public offering price) rr_MaximumSalesChargeImposedOnPurchasesOverOfferingPrice 2.50%
    Maximum Deferred Sales Charge (Load) (as a percentage of the lesser of your purchase or redemption price) rr_MaximumDeferredSalesChargeOverOfferingPrice none
    Management Fees rr_ManagementFeesOverAssets 0.75%
    Distribution and/or Service (12b-1) Fees rr_DistributionAndService12b1FeesOverAssets 0.25%
    Other Expenses rr_OtherExpensesOverAssets 0.11% [1]
    Total Annual Operating Expenses (%) rr_ExpensesOverAssets 1.11%
    Expense Example, with Redemption, 1 Year rr_ExpenseExampleYear01 $ 360
    Expense Example, with Redemption, 3 Years rr_ExpenseExampleYear03 594
    Expense Example, with Redemption, 5 Years rr_ExpenseExampleYear05 846
    Expense Example, with Redemption, 10 Years rr_ExpenseExampleYear10 1,568
    Expense Example, No Redemption, 1 Year rr_ExpenseExampleNoRedemptionYear01 360
    Expense Example, No Redemption, 3 Years rr_ExpenseExampleNoRedemptionYear03 594
    Expense Example, No Redemption, 5 Years rr_ExpenseExampleNoRedemptionYear05 846
    Expense Example, No Redemption, 10 Years rr_ExpenseExampleNoRedemptionYear10 $ 1,568
    Class T Prospectus | First Eagle Global Fund | Class A  
    Risk/Return: rr_RiskReturnAbstract  
    Annual Return 2009 rr_AnnualReturn2009 22.91%
    Annual Return 2010 rr_AnnualReturn2010 17.58%
    Annual Return 2011 rr_AnnualReturn2011 (0.19%)
    Annual Return 2012 rr_AnnualReturn2012 12.46%
    Annual Return 2013 rr_AnnualReturn2013 15.49%
    Annual Return 2014 rr_AnnualReturn2014 2.93%
    Annual Return 2015 rr_AnnualReturn2015 (0.94%)
    Annual Return 2016 rr_AnnualReturn2016 10.65%
    Annual Return 2017 rr_AnnualReturn2017 13.49%
    Annual Return 2018 rr_AnnualReturn2018 (8.51%)
    1 Year rr_AverageAnnualReturnYear01 (13.08%)
    5 Years rr_AverageAnnualReturnYear05 (2.16%)
    10 Years rr_AverageAnnualReturnYear10 7.62%
    Class T Prospectus | First Eagle Global Fund | Class A | After Taxes on Distributions  
    Risk/Return: rr_RiskReturnAbstract  
    1 Year rr_AverageAnnualReturnYear01 (14.29%)
    5 Years rr_AverageAnnualReturnYear05 1.16%
    10 Years rr_AverageAnnualReturnYear10 6.83%
    Class T Prospectus | First Eagle Global Fund | Class A | After Taxes on Distributions and Sale of Fund Shares  
    Risk/Return: rr_RiskReturnAbstract  
    1 Year rr_AverageAnnualReturnYear01 (6.84%)
    5 Years rr_AverageAnnualReturnYear05 1.65%
    10 Years rr_AverageAnnualReturnYear10 6.21%
    [1] "Other Expenses" shown generally reflect actual expenses for the Fund for the fiscal year ended October 31, 2018 as adjusted for estimates in the case of newly organized share classes.
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    Class T Prospectus | First Eagle Overseas Fund
    First Eagle Overseas Fund
    Investment Objective

    First Eagle Overseas Fund (“Overseas Fund”) seeks long-term growth of capital by investing primarily in equities issued by non-U.S. corporations.

    Fees and Expenses of the Overseas Fund

    The following information describes the fees and expenses you may pay if you buy and hold shares of the Overseas Fund.


    You may qualify for sales charge discounts if you invest at least $250,000 in the Overseas Fund. Information about these discounts is available from your financial professional and in the How to Purchase Shares and Public Offering Price of Class T Shares sections on pages 69 and 74, respectively, and in the appendix to this Prospectus titled Intermediary-Specific Front-End Sales Load and Waiver Terms.

    Shareholder Fees (fees paid directly from your investment)
    Shareholder Fees
    Class T Prospectus
    First Eagle Overseas Fund
    Class T
    Maximum Sales Charge (Load) on Purchases (as a percentage of public offering price) 2.50%
    Maximum Deferred Sales Charge (Load) (as a percentage of the lesser of your purchase or redemption price) none
    Annual Fund Operating Expenses (expenses you pay each year as a percentage of the value of your investment)
    Annual Fund Operating Expenses
    Class T Prospectus
    First Eagle Overseas Fund
    Class T
    Management Fees 0.75%
    Distribution and/or Service (12b-1) Fees 0.25%
    Other Expenses 0.15% [1]
    Total Annual Operating Expenses (%) 1.15%
    [1] "Other Expenses" shown generally reflect actual expenses for the Fund for the fiscal year ended October 31, 2018 and estimated expenses in the case of newly organized share classes.
    Example

    The following example is intended to help you compare the cost of investing in the Overseas Fund with the cost of investing in other mutual funds. This hypothetical example assumes you invest $10,000 in the Fund for the time periods indicated and then either redeem or do not redeem all shares at the end of those periods. The example also assumes the average annual return is 5% and operating expenses remain the same. Please keep in mind your actual costs may be higher or lower.

    Sold
    Expense Example
    1 Year
    3 Years
    5 Years
    10 Years
    Class T Prospectus | First Eagle Overseas Fund | Class T | USD ($) 364 606 867 1,613
    Held
    Expense Example No Redemption
    1 Year
    3 Years
    5 Years
    10 Years
    Class T Prospectus | First Eagle Overseas Fund | Class T | USD ($) 364 606 867 1,613
    Portfolio Turnover Rate

    The Overseas Fund pays transaction costs, such as commissions, when it buys and sells securities (or “turns over” its portfolio). A higher portfolio turnover rate may indicate higher transaction costs and may result in higher taxes when Fund shares are held in a taxable account. These costs, which are not reflected in annual Fund operating expenses or in the example, affect the Fund’s performance. During the most recent fiscal year, the Fund’s portfolio turnover rate was 12.10% of the average value of its portfolio.

    Principal Investment Strategies

    To achieve its objective of long-term capital growth, the Overseas Fund will invest primarily in equity securities of non-U.S. companies the majority of which are traded in mature markets (for example, Japan, Germany and France) and may invest in countries whose economies are still developing (sometimes called “emerging markets”). The Fund particularly seeks companies that have financial strength and stability, strong management and fundamental value. Normally, the Fund invests at least 80% of its net assets (plus any borrowings for investment purposes) in foreign securities and “counts” relevant derivative positions towards this “80% of assets” allocation, and in doing so, values each position at the price at which it is held on the Fund’s books (generally market price). The Fund also may invest up to 20% of its total assets in debt instruments. The Fund may invest in debt securities generally without regard to their credit rating or time to maturity. Investment decisions for the Fund are made without regard to the capitalization (size) of the companies in which it invests. The Fund may invest in any size company, including large, medium and smaller companies. The Fund may invest in fixed-income instruments, short-term debt instruments, gold and other precious metals, and futures contracts related to precious metals.


    The investment philosophy and strategy of the Overseas Fund can be broadly characterized as a “value” approach, as it seeks a “margin of safety” in each investment purchase with the goal being to avoid permanent impairment of capital (as opposed to temporary losses in share value relating to shifting investor sentiment or other normal share price volatility). In particular, a discount to “intrinsic value” is sought even for the best of businesses, with a deeper discount demanded for companies that we view as under business model, balance sheet, management or other stresses. “Intrinsic value” is based on our judgment of what a prudent and rational business buyer would pay in cash for all of the company in normal markets. See also Defensive Investment Strategies.


    The Fund makes some investments through a special purpose trading subsidiary (the “Subsidiary”) and may invest up to 25% of its total assets in the Subsidiary. The Subsidiary is a wholly-owned and controlled subsidiary of the Fund, organized under the laws of the Cayman Islands as an exempted company. Generally, the Subsidiary will invest in commodities and related instruments (primarily gold bullion and other precious metals and related futures contracts).

    Principal Investment Risks

    As with any mutual fund investment, you may lose money by investing in the Overseas Fund. The likelihood of loss may be greater if you invest for a shorter period of time. An investment in the Fund is not intended to be a complete investment program.


    Principal risks of investing in the Overseas Fund, which could adversely affect its net asset value and total return, are:


     

     

    Market Risk — The value of the Fund’s portfolio holdings may fluctuate in response to events specific to the companies or markets in which the Fund invests, as well as economic, political, or social events in the United States or abroad.

     

     

    Foreign Investment Risk — The Fund may invest in foreign investments. Foreign investments are susceptible to less politically, economically and socially stable environments, foreign currency and exchange rate changes, and adverse changes to government regulations.

     

     

    Emerging Market Risk — When the Fund invests in emerging market securities (generally meaning those associated with less developed markets), the Fund may be exposed to market, credit, currency, liquidity, legal, political, technical and other risks different from, and generally greater than, the risks of investing in developed markets. Emerging market countries typically have less-established market economies than developed countries and may face greater social, economic, regulatory and political uncertainties. In addition, emerging markets typically present greater illiquidity and price volatility concerns due to smaller or limited local capital markets and greater difficulty in determining market valuations of securities due to limited public information on issuers.

     

     

    Small and Medium-Size Company Risk — The Fund may invest in small and medium-size companies, the securities of which can be more volatile in price than those of larger companies. Positions in smaller companies, especially when the Fund is a large holder of a small company’s securities, also may be more difficult or expensive to trade. The Fund considers small companies to be companies with market capitalizations of less than $1 billion and medium-size companies to have market capitalizations of less than $10 billion.

     

     

    Credit and Interest Rate Risk — The value of the Fund’s portfolio may fluctuate in response to the risk that the issuer of a bond or other instrument will not be able to make payments of interest and principal when due. The Fund may invest in debt instruments that are below investment grade, commonly known as junk bonds, which are considered speculative, and carry a higher risk of default. In addition, fluctuations in interest rates can affect the value of debt instruments held by the Fund. An increase in interest rates tends to reduce the market value of debt instruments, while a decline in interest rates tends to increase their values. Longer-duration instruments tend to be more sensitive to interest rate changes than those with shorter durations.

     

     

    Gold Risk — The Fund may invest in both physical gold and the securities of companies in the gold mining sector. Prices of gold-related issues are susceptible to changes in U.S. and foreign regulatory policies, taxes, currencies, mining laws, inflation, and various other market conditions.

     

     

    Illiquid Investment Risk — Holding illiquid securities restricts or otherwise limits the ability for the Fund to freely dispose of its investments for specific periods of time. The Fund might not be able to sell illiquid securities at its desired price or time. Changes in the markets or in regulations governing the trading of illiquid instruments can cause rapid changes in the price or ability to sell an illiquid security.


     

     

    Derivatives Risk — Futures contracts or other “derivatives,” including hedging strategies, present risks related to their significant price volatility and risk of default by the counterparty to the contract. To date, derivatives have been used mainly under a hedging program intended to reduce the impact of foreign exchange rate changes on the Fund’s value.

     

     

    Currency Risk — Currency risk is the risk that foreign currencies will decline in value relative to that of the U.S. dollar and affect the Fund’s non-U.S. currencies or securities that trade in and receive revenue in non-U.S. currencies.

     

     

    Subsidiary Risk — By investing in the Subsidiary, the Fund is indirectly exposed to the risks associated with the Subsidiary’s investments. The Subsidiary is not registered under the 1940 Act and is not subject to all of the investor protections of the 1940 Act. Changes in the laws of the United States and/or the Cayman Islands could result in the inability of the Fund and/or the Subsidiary to operate as expected and could adversely affect the Fund.


    An investment in the Fund is not a bank deposit and is not insured or guaranteed by the Federal Deposit Insurance Corporation (FDIC) or any other government agency.


    For more information on the risks of investing in the Overseas Fund, please see the More Information about the Funds’ Investments section.

    Investment Results

    The following information provides an indication of the risks of investing in the Overseas Fund by showing changes in the Fund’s performance from year to year, and by showing how the Fund’s average annual returns for 1, 5 and 10 years compare with those of a broad measure of market performance. As with all mutual funds, past performance is not an indication of future performance (before or after taxes).


    After-tax returns are calculated using the highest individual federal income tax rate for each year, and do not reflect the effect of state and local taxes. Actual after-tax returns depend on your individual tax situation. After-tax returns are not relevant to investors in tax-deferred accounts, such as 401(k) plans or individual retirement accounts.


    Updated performance information is available at www.feim.com/individual-investors/fund/overseas-fund or by calling 800.334.2143.


    The following bar chart assumes reinvestment of dividends and distributions and does not reflect any sales charges. If sales charges were included, the returns would be lower.

    Calendar Year Total Returns—Class A
    Bar Chart

     

     

     

     

     

     

     

     

     

    Best Quarter*

     

     

     

    Worst Quarter*

    Second Quarter 2009

     

    16.58%

     

     

     

    Third Quarter 2011

     

    -10.29%

     

     

     

     

     


     

    *

     

    For the period presented in the bar chart above.

    Average Annual Total Returns as of December 31, 2018

    The bar chart above and table below disclose returns only for Class A shares (which are not offered by this prospectus).


    While no information is shown for the Class T shares (because they have no or partial performance as of December 31, 2018), annual returns for Class T shares would have been substantially similar to those shown here. Class T shares are invested in the same portfolio of securities and the annual returns would differ only to the extent that Class T shares do not have the same expenses.

    Average Annual Returns - Class T Prospectus - First Eagle Overseas Fund
    1 Year
    5 Years
    10 Years
    Class A (14.78%) 0.77% 6.03%
    After Taxes on Distributions | Class A (15.25%) 0.12% 5.25%
    After Taxes on Distributions and Sale of Fund Shares | Class A (8.19%) 0.69% 4.91%
    MSCI EAFE Index (13.79%) 0.53% 6.32%
    XML 37 R73.htm IDEA: XBRL DOCUMENT v3.19.1
    Label Element Value
    Class T Prospectus | First Eagle Overseas Fund  
    Risk/Return: rr_RiskReturnAbstract  
    Risk/Return [Heading] rr_RiskReturnHeading First Eagle Overseas Fund
    Objective [Heading] rr_ObjectiveHeading Investment Objective
    Objective, Primary [Text Block] rr_ObjectivePrimaryTextBlock

    First Eagle Overseas Fund (“Overseas Fund”) seeks long-term growth of capital by investing primarily in equities issued by non-U.S. corporations.

    Expense [Heading] rr_ExpenseHeading Fees and Expenses of the Overseas Fund
    Expense Narrative [Text Block] rr_ExpenseNarrativeTextBlock

    The following information describes the fees and expenses you may pay if you buy and hold shares of the Overseas Fund.


    You may qualify for sales charge discounts if you invest at least $250,000 in the Overseas Fund. Information about these discounts is available from your financial professional and in the How to Purchase Shares and Public Offering Price of Class T Shares sections on pages 69 and 74, respectively, and in the appendix to this Prospectus titled Intermediary-Specific Front-End Sales Load and Waiver Terms.

    Shareholder Fees Caption [Text] rr_ShareholderFeesCaption Shareholder Fees (fees paid directly from your investment)
    Operating Expenses Caption [Text] rr_OperatingExpensesCaption Annual Fund Operating Expenses (expenses you pay each year as a percentage of the value of your investment)
    Portfolio Turnover [Heading] rr_PortfolioTurnoverHeading Portfolio Turnover Rate
    Portfolio Turnover [Text Block] rr_PortfolioTurnoverTextBlock

    The Overseas Fund pays transaction costs, such as commissions, when it buys and sells securities (or “turns over” its portfolio). A higher portfolio turnover rate may indicate higher transaction costs and may result in higher taxes when Fund shares are held in a taxable account. These costs, which are not reflected in annual Fund operating expenses or in the example, affect the Fund’s performance. During the most recent fiscal year, the Fund’s portfolio turnover rate was 12.10% of the average value of its portfolio.

    Portfolio Turnover, Rate rr_PortfolioTurnoverRate 12.10%
    Expense Breakpoint Discounts [Text] rr_ExpenseBreakpointDiscounts You may qualify for sales charge discounts if you invest at least $250,000 in the Overseas Fund.
    Expense Breakpoint, Minimum Investment Required [Amount] rr_ExpenseBreakpointMinimumInvestmentRequiredAmount $ 250,000
    Other Expenses, New Fund, Based on Estimates [Text] rr_OtherExpensesNewFundBasedOnEstimates “Other Expenses” shown generally reflect actual expenses for the Fund for the fiscal year ended October 31, 2018 and estimated expenses in the case of newly organized share classes.
    Expense Example [Heading] rr_ExpenseExampleHeading Example
    Expense Example Narrative [Text Block] rr_ExpenseExampleNarrativeTextBlock

    The following example is intended to help you compare the cost of investing in the Overseas Fund with the cost of investing in other mutual funds. This hypothetical example assumes you invest $10,000 in the Fund for the time periods indicated and then either redeem or do not redeem all shares at the end of those periods. The example also assumes the average annual return is 5% and operating expenses remain the same. Please keep in mind your actual costs may be higher or lower.

    Expense Example by, Year, Caption [Text] rr_ExpenseExampleByYearCaption Sold
    Expense Example, No Redemption, By Year, Caption [Text] rr_ExpenseExampleNoRedemptionByYearCaption Held
    Strategy [Heading] rr_StrategyHeading Principal Investment Strategies
    Strategy Narrative [Text Block] rr_StrategyNarrativeTextBlock

    To achieve its objective of long-term capital growth, the Overseas Fund will invest primarily in equity securities of non-U.S. companies the majority of which are traded in mature markets (for example, Japan, Germany and France) and may invest in countries whose economies are still developing (sometimes called “emerging markets”). The Fund particularly seeks companies that have financial strength and stability, strong management and fundamental value. Normally, the Fund invests at least 80% of its net assets (plus any borrowings for investment purposes) in foreign securities and “counts” relevant derivative positions towards this “80% of assets” allocation, and in doing so, values each position at the price at which it is held on the Fund’s books (generally market price). The Fund also may invest up to 20% of its total assets in debt instruments. The Fund may invest in debt securities generally without regard to their credit rating or time to maturity. Investment decisions for the Fund are made without regard to the capitalization (size) of the companies in which it invests. The Fund may invest in any size company, including large, medium and smaller companies. The Fund may invest in fixed-income instruments, short-term debt instruments, gold and other precious metals, and futures contracts related to precious metals.


    The investment philosophy and strategy of the Overseas Fund can be broadly characterized as a “value” approach, as it seeks a “margin of safety” in each investment purchase with the goal being to avoid permanent impairment of capital (as opposed to temporary losses in share value relating to shifting investor sentiment or other normal share price volatility). In particular, a discount to “intrinsic value” is sought even for the best of businesses, with a deeper discount demanded for companies that we view as under business model, balance sheet, management or other stresses. “Intrinsic value” is based on our judgment of what a prudent and rational business buyer would pay in cash for all of the company in normal markets. See also Defensive Investment Strategies.


    The Fund makes some investments through a special purpose trading subsidiary (the “Subsidiary”) and may invest up to 25% of its total assets in the Subsidiary. The Subsidiary is a wholly-owned and controlled subsidiary of the Fund, organized under the laws of the Cayman Islands as an exempted company. Generally, the Subsidiary will invest in commodities and related instruments (primarily gold bullion and other precious metals and related futures contracts).

    Risk [Heading] rr_RiskHeading Principal Investment Risks
    Risk Narrative [Text Block] rr_RiskNarrativeTextBlock

    As with any mutual fund investment, you may lose money by investing in the Overseas Fund. The likelihood of loss may be greater if you invest for a shorter period of time. An investment in the Fund is not intended to be a complete investment program.


    Principal risks of investing in the Overseas Fund, which could adversely affect its net asset value and total return, are:


     

     

    Market Risk — The value of the Fund’s portfolio holdings may fluctuate in response to events specific to the companies or markets in which the Fund invests, as well as economic, political, or social events in the United States or abroad.

     

     

    Foreign Investment Risk — The Fund may invest in foreign investments. Foreign investments are susceptible to less politically, economically and socially stable environments, foreign currency and exchange rate changes, and adverse changes to government regulations.

     

     

    Emerging Market Risk — When the Fund invests in emerging market securities (generally meaning those associated with less developed markets), the Fund may be exposed to market, credit, currency, liquidity, legal, political, technical and other risks different from, and generally greater than, the risks of investing in developed markets. Emerging market countries typically have less-established market economies than developed countries and may face greater social, economic, regulatory and political uncertainties. In addition, emerging markets typically present greater illiquidity and price volatility concerns due to smaller or limited local capital markets and greater difficulty in determining market valuations of securities due to limited public information on issuers.

     

     

    Small and Medium-Size Company Risk — The Fund may invest in small and medium-size companies, the securities of which can be more volatile in price than those of larger companies. Positions in smaller companies, especially when the Fund is a large holder of a small company’s securities, also may be more difficult or expensive to trade. The Fund considers small companies to be companies with market capitalizations of less than $1 billion and medium-size companies to have market capitalizations of less than $10 billion.

     

     

    Credit and Interest Rate Risk — The value of the Fund’s portfolio may fluctuate in response to the risk that the issuer of a bond or other instrument will not be able to make payments of interest and principal when due. The Fund may invest in debt instruments that are below investment grade, commonly known as junk bonds, which are considered speculative, and carry a higher risk of default. In addition, fluctuations in interest rates can affect the value of debt instruments held by the Fund. An increase in interest rates tends to reduce the market value of debt instruments, while a decline in interest rates tends to increase their values. Longer-duration instruments tend to be more sensitive to interest rate changes than those with shorter durations.

     

     

    Gold Risk — The Fund may invest in both physical gold and the securities of companies in the gold mining sector. Prices of gold-related issues are susceptible to changes in U.S. and foreign regulatory policies, taxes, currencies, mining laws, inflation, and various other market conditions.

     

     

    Illiquid Investment Risk — Holding illiquid securities restricts or otherwise limits the ability for the Fund to freely dispose of its investments for specific periods of time. The Fund might not be able to sell illiquid securities at its desired price or time. Changes in the markets or in regulations governing the trading of illiquid instruments can cause rapid changes in the price or ability to sell an illiquid security.


     

     

    Derivatives Risk — Futures contracts or other “derivatives,” including hedging strategies, present risks related to their significant price volatility and risk of default by the counterparty to the contract. To date, derivatives have been used mainly under a hedging program intended to reduce the impact of foreign exchange rate changes on the Fund’s value.

     

     

    Currency Risk — Currency risk is the risk that foreign currencies will decline in value relative to that of the U.S. dollar and affect the Fund’s non-U.S. currencies or securities that trade in and receive revenue in non-U.S. currencies.

     

     

    Subsidiary Risk — By investing in the Subsidiary, the Fund is indirectly exposed to the risks associated with the Subsidiary’s investments. The Subsidiary is not registered under the 1940 Act and is not subject to all of the investor protections of the 1940 Act. Changes in the laws of the United States and/or the Cayman Islands could result in the inability of the Fund and/or the Subsidiary to operate as expected and could adversely affect the Fund.


    An investment in the Fund is not a bank deposit and is not insured or guaranteed by the Federal Deposit Insurance Corporation (FDIC) or any other government agency.


    For more information on the risks of investing in the Overseas Fund, please see the More Information about the Funds’ Investments section.

    Risk Lose Money [Text] rr_RiskLoseMoney As with any mutual fund investment, you may lose money by investing in the Overseas Fund.
    Risk Not Insured Depository Institution [Text] rr_RiskNotInsuredDepositoryInstitution An investment in the Fund is not a bank deposit and is not insured or guaranteed by the Federal Deposit Insurance Corporation (FDIC) or any other government agency.
    Bar Chart and Performance Table [Heading] rr_BarChartAndPerformanceTableHeading Investment Results
    Performance Narrative [Text Block] rr_PerformanceNarrativeTextBlock

    The following information provides an indication of the risks of investing in the Overseas Fund by showing changes in the Fund’s performance from year to year, and by showing how the Fund’s average annual returns for 1, 5 and 10 years compare with those of a broad measure of market performance. As with all mutual funds, past performance is not an indication of future performance (before or after taxes).


    After-tax returns are calculated using the highest individual federal income tax rate for each year, and do not reflect the effect of state and local taxes. Actual after-tax returns depend on your individual tax situation. After-tax returns are not relevant to investors in tax-deferred accounts, such as 401(k) plans or individual retirement accounts.


    Updated performance information is available at www.feim.com/individual-investors/fund/overseas-fund or by calling 800.334.2143.


    The following bar chart assumes reinvestment of dividends and distributions and does not reflect any sales charges. If sales charges were included, the returns would be lower.

    Performance Information Illustrates Variability of Returns [Text] rr_PerformanceInformationIllustratesVariabilityOfReturns The following information provides an indication of the risks of investing in the Overseas Fund by showing changes in the Fund’s performance from year to year, and by showing how the Fund’s average annual returns for 1, 5 and 10 years compare with those of a broad measure of market performance.
    Performance One Year or Less [Text] rr_PerformanceOneYearOrLess While no information is shown for the Class T shares (because they have no or partial performance as of December 31, 2018), annual returns for Class T shares would have been substantially similar to those shown here.
    Performance Availability Phone [Text] rr_PerformanceAvailabilityPhone 800.334.2143
    Performance Availability Website Address [Text] rr_PerformanceAvailabilityWebSiteAddress www.feim.com/individual-investors/fund/overseas-fund
    Performance Past Does Not Indicate Future [Text] rr_PerformancePastDoesNotIndicateFuture As with all mutual funds, past performance is not an indication of future performance (before or after taxes).
    Bar Chart [Heading] rr_BarChartHeading Calendar Year Total Returns—Class A
    Bar Chart Does Not Reflect Sales Loads [Text] rr_BarChartDoesNotReflectSalesLoads The following bar chart assumes reinvestment of dividends and distributions and does not reflect any sales charges. If sales charges were included, the returns would be lower.
    Bar Chart Closing [Text Block] rr_BarChartClosingTextBlock

     

     

     

     

     

     

     

     

     

    Best Quarter*

     

     

     

    Worst Quarter*

    Second Quarter 2009

     

    16.58%

     

     

     

    Third Quarter 2011

     

    -10.29%

     

     

     

     

     


     

    *

     

    For the period presented in the bar chart above.

    Bar Chart, Returns for Class Not Offered in Prospectus [Text] rr_BarChartReturnsForClassNotOfferedInProspectus The bar chart above and table below disclose returns only for Class A shares (which are not offered by this prospectus).
    Highest Quarterly Return, Label rr_HighestQuarterlyReturnLabel Best Quarter
    Highest Quarterly Return, Date rr_BarChartHighestQuarterlyReturnDate Jun. 30, 2009
    Highest Quarterly Return rr_BarChartHighestQuarterlyReturn 16.58%
    Lowest Quarterly Return, Label rr_LowestQuarterlyReturnLabel Worst Quarter
    Lowest Quarterly Return, Date rr_BarChartLowestQuarterlyReturnDate Sep. 30, 2011
    Lowest Quarterly Return rr_BarChartLowestQuarterlyReturn (10.29%)
    Performance Table Uses Highest Federal Rate rr_PerformanceTableUsesHighestFederalRate After-tax returns are calculated using the highest individual federal income tax rate for each year, and do not reflect the effect of state and local taxes.
    Performance Table Not Relevant to Tax Deferred rr_PerformanceTableNotRelevantToTaxDeferred After-tax returns are not relevant to investors in tax-deferred accounts, such as 401(k) plans or individual retirement accounts.
    Performance Table Narrative rr_PerformanceTableNarrativeTextBlock

    The bar chart above and table below disclose returns only for Class A shares (which are not offered by this prospectus).


    While no information is shown for the Class T shares (because they have no or partial performance as of December 31, 2018), annual returns for Class T shares would have been substantially similar to those shown here. Class T shares are invested in the same portfolio of securities and the annual returns would differ only to the extent that Class T shares do not have the same expenses.

    Average Annual Return, Caption rr_AverageAnnualReturnCaption Average Annual Total Returns as of December 31, 2018
    Class T Prospectus | First Eagle Overseas Fund | MSCI EAFE Index  
    Risk/Return: rr_RiskReturnAbstract  
    1 Year rr_AverageAnnualReturnYear01 (13.79%)
    5 Years rr_AverageAnnualReturnYear05 0.53%
    10 Years rr_AverageAnnualReturnYear10 6.32%
    Class T Prospectus | First Eagle Overseas Fund | Class T  
    Risk/Return: rr_RiskReturnAbstract  
    Maximum Sales Charge (Load) on Purchases (as a percentage of public offering price) rr_MaximumSalesChargeImposedOnPurchasesOverOfferingPrice 2.50%
    Maximum Deferred Sales Charge (Load) (as a percentage of the lesser of your purchase or redemption price) rr_MaximumDeferredSalesChargeOverOfferingPrice none
    Management Fees rr_ManagementFeesOverAssets 0.75%
    Distribution and/or Service (12b-1) Fees rr_DistributionAndService12b1FeesOverAssets 0.25%
    Other Expenses rr_OtherExpensesOverAssets 0.15% [1]
    Total Annual Operating Expenses (%) rr_ExpensesOverAssets 1.15%
    Expense Example, with Redemption, 1 Year rr_ExpenseExampleYear01 $ 364
    Expense Example, with Redemption, 3 Years rr_ExpenseExampleYear03 606
    Expense Example, with Redemption, 5 Years rr_ExpenseExampleYear05 867
    Expense Example, with Redemption, 10 Years rr_ExpenseExampleYear10 1,613
    Expense Example, No Redemption, 1 Year rr_ExpenseExampleNoRedemptionYear01 364
    Expense Example, No Redemption, 3 Years rr_ExpenseExampleNoRedemptionYear03 606
    Expense Example, No Redemption, 5 Years rr_ExpenseExampleNoRedemptionYear05 867
    Expense Example, No Redemption, 10 Years rr_ExpenseExampleNoRedemptionYear10 $ 1,613
    Class T Prospectus | First Eagle Overseas Fund | Class A  
    Risk/Return: rr_RiskReturnAbstract  
    Annual Return 2009 rr_AnnualReturn2009 20.64%
    Annual Return 2010 rr_AnnualReturn2010 19.24%
    Annual Return 2011 rr_AnnualReturn2011 (5.60%)
    Annual Return 2012 rr_AnnualReturn2012 13.98%
    Annual Return 2013 rr_AnnualReturn2013 11.57%
    Annual Return 2014 rr_AnnualReturn2014 (0.97%)
    Annual Return 2015 rr_AnnualReturn2015 2.27%
    Annual Return 2016 rr_AnnualReturn2016 5.59%
    Annual Return 2017 rr_AnnualReturn2017 14.05%
    Annual Return 2018 rr_AnnualReturn2018 (10.29%)
    1 Year rr_AverageAnnualReturnYear01 (14.78%)
    5 Years rr_AverageAnnualReturnYear05 0.77%
    10 Years rr_AverageAnnualReturnYear10 6.03%
    Class T Prospectus | First Eagle Overseas Fund | Class A | After Taxes on Distributions  
    Risk/Return: rr_RiskReturnAbstract  
    1 Year rr_AverageAnnualReturnYear01 (15.25%)
    5 Years rr_AverageAnnualReturnYear05 0.12%
    10 Years rr_AverageAnnualReturnYear10 5.25%
    Class T Prospectus | First Eagle Overseas Fund | Class A | After Taxes on Distributions and Sale of Fund Shares  
    Risk/Return: rr_RiskReturnAbstract  
    1 Year rr_AverageAnnualReturnYear01 (8.19%)
    5 Years rr_AverageAnnualReturnYear05 0.69%
    10 Years rr_AverageAnnualReturnYear10 4.91%
    [1] "Other Expenses" shown generally reflect actual expenses for the Fund for the fiscal year ended October 31, 2018 and estimated expenses in the case of newly organized share classes.
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    Class T Prospectus | First Eagle U.S. Value Fund
    First Eagle U.S. Value Fund
    Investment Objective

    First Eagle U.S. Value Fund (“U.S. Value Fund”) seeks long-term growth of capital by investing, under normal market conditions, at least 80% of its net assets (plus any borrowings for investment purposes) in domestic equity and debt securities.

    Fees and Expenses of the U.S. Value Fund

    The following information describes the fees and expenses you may pay if you buy and hold shares of the U.S. Value Fund.


    You may qualify for sales charge discounts if you invest at least $250,000 in the U.S. Value Fund. Information about these discounts is available from your financial professional and in the How to Purchase Shares and Public Offering Price of Class T Shares sections on pages 69 and 74, respectively, and in the appendix to this Prospectus titled Intermediary-Specific Front-End Sales Load and Waiver Terms.

    Shareholder Fees (fees paid directly from your investment)
    Shareholder Fees
    Class T Prospectus
    First Eagle U.S. Value Fund
    Class T
    Maximum Sales Charge (Load) on Purchases (as a percentage of public offering price) 2.50%
    Maximum Deferred Sales Charge (Load) (as a percentage of the lesser of your purchase or redemption price) none
    Annual Fund Operating Expenses (expenses you pay each year as a percentage of the value of your investment)
    Annual Fund Operating Expenses
    Class T Prospectus
    First Eagle U.S. Value Fund
    Class T
    Management Fees 0.75% [1]
    Distribution and/or Service (12b-1) Fees 0.25%
    Other Expenses 0.15% [2]
    Total Annual Operating Expenses (%) 1.15%
    Fee Waiver (0.05%) [1]
    Total Annual Operating Expenses After Fee Waiver (%) 1.10%
    [1] The Adviser has contractually agreed to waive its management fee at an annual rate in the amount of 0.05% of the average daily value of the Fund's net assets for the period through February 29, 2020. This waiver has the effect of reducing the management fee shown in the table for the term of the waiver from 0.75% to 0.70%.
    [2] "Other Expenses" shown generally reflect actual expenses for the Fund for the fiscal year ended October 31, 2018 and estimated expenses in the case of newly organized share classes.
    Example

    The following example is intended to help you compare the cost of investing in the U.S. Value Fund with the cost of investing in other mutual funds. This hypothetical example assumes you invest $10,000 in the Fund for the time periods indicated and then either redeem or do not redeem all shares at the end of those periods. The example also assumes the average annual return is 5% and operating expenses remain the same (except that the management fee waiver is taken into account only for the one-year expense example). Please keep in mind your actual costs may be higher or lower.

    Sold
    Expense Example
    1 Year
    3 Years
    5 Years
    10 Years
    Class T Prospectus | First Eagle U.S. Value Fund | Class T | USD ($) 359 601 862 1,608
    Held
    Expense Example No Redemption
    1 Year
    3 Years
    5 Years
    10 Years
    Class T Prospectus | First Eagle U.S. Value Fund | Class T | USD ($) 359 601 862 1,608
    Portfolio Turnover Rate

    The U.S. Value Fund pays transaction costs, such as commissions, when it buys and sells securities (or “turns over” its portfolio). A higher portfolio turnover rate may indicate higher transaction costs and may result in higher taxes when Fund shares are held in a taxable account. These costs, which are not reflected in annual Fund operating expenses or in the example, affect the Fund’s performance. During the most recent fiscal year, the Fund’s portfolio turnover rate was 9.05% of the average value of its portfolio.

    Principal Investment Strategies

    To achieve its objective of long-term capital growth, the U.S. Value Fund will normally invest at least 80% of its net assets (plus any borrowings for investment purposes) in domestic equity and debt instruments and may invest to a lesser extent in securities of non-U.S. issuers. In particular, the Fund seeks companies exhibiting financial strength and stability, strong management and fundamental value. Investment decisions for the Fund are made without regard to the capitalization (size) of the companies in which it invests. The Fund may invest in any size company, including large, medium and smaller companies. The debt instruments in which the Fund may invest include fixed-income securities without regard to credit rating or time to maturity and short-term debt instruments. The Fund may also invest in gold and other precious metals, and futures contracts related to precious metals. The Fund “counts” relevant derivative positions towards its “80% of assets” allocation, and in doing so, values each position at the price at which it is held on the Fund’s books (generally market price).


    The investment philosophy and strategy of the U.S. Value Fund can be broadly characterized as a “value” approach, as it seeks a “margin of safety” in each investment purchase with the goal being to avoid permanent impairment of capital (as opposed to temporary losses in share value relating to shifting investor sentiment or other normal share price volatility). In particular, a discount to “intrinsic value” is sought even for the best of businesses, with a deeper discount demanded for companies that we view as under business model, balance sheet, management or other stresses. “Intrinsic value” is based on our judgment of what a prudent and rational business buyer would pay in cash for all of the company in normal markets. See also Defensive Investment Strategies.


    The Fund makes some investments through a special purpose trading subsidiary (the “Subsidiary”) and may invest up to 25% of its total assets in the Subsidiary. The Subsidiary is a wholly-owned and controlled subsidiary of the Fund, organized under the laws of the Cayman Islands as an exempted company. Generally, the Subsidiary will invest in commodities and related instruments (primarily gold bullion and other precious metals and related futures contracts).

    Principal Investment Risks

    As with any mutual fund investment, you may lose money by investing in the U.S. Value Fund. The likelihood of loss may be greater if you invest for a shorter period of time. An investment in the Fund is not intended to be a complete investment program.


    Principal risks of investing in the U.S. Value Fund, which could adversely affect its net asset value and total return, are:


     

     

    Market Risk — The value of the Fund’s portfolio holdings may fluctuate in response to events specific to the companies or markets in which the Fund invests, as well as economic, political, or social events in the United States or abroad.

     

     

    Credit and Interest Rate Risk — The value of the Fund’s portfolio may fluctuate in response to the risk that the issuer of a bond or other instrument will not be able to make payments of interest and principal when due. The Fund may invest in debt instruments that are below investment grade, commonly known as junk bonds, which are considered speculative, and carry a higher risk of default. In addition, fluctuations in interest rates can affect the value of debt instruments held by the Fund. An increase in interest rates tends to reduce the market value of debt instruments, while a decline in interest rates tends to increase their values. Longer-duration instruments tend to be more sensitive to interest rate changes than those with shorter durations.

     

     

    Small and Medium-Size Company Risk — The Fund may invest in small and medium-size companies, the securities of which can be more volatile in price than those of larger companies. Positions in smaller companies, especially when the Fund is a large holder of a small company’s securities, also may be more difficult or expensive to trade. The Fund considers small companies to be companies with market capitalizations of less than $1 billion and medium-size companies to have market capitalizations of less than $10 billion.

     

     

    Gold Risk — The Fund may invest in both physical gold and the securities of companies in the gold mining sector. Prices of gold-related issues are susceptible to changes in U.S. and foreign regulatory policies, taxes, currencies, mining laws, inflation, and various other market conditions.

     

     

    Foreign Investment Risk — The Fund may invest in foreign investments. Foreign investments are susceptible to less politically, economically and socially stable environments, foreign currency and exchange rate changes, and adverse changes to government regulations.

     

     

    Subsidiary Risk — By investing in the Subsidiary, the Fund is indirectly exposed to the risks associated with the Subsidiary’s investments. The Subsidiary is not registered under the Investment Company Act of 1940, as amended (the “1940 Act”) and is not subject to all of the investor protections of the 1940 Act. Changes in the laws of the United States and/or the Cayman Islands could result in the inability of the Fund and/or the Subsidiary to operate as expected and could adversely affect the Fund.


    An investment in the Fund is not a bank deposit and is not insured or guaranteed by the Federal Deposit Insurance Corporation (FDIC) or any other government agency.


    For more information on the risks of investing in the U.S. Value Fund, please see the More Information about the Funds’ Investments section.

    Investment Results

    The following information provides an indication of the risks of investing in the U.S. Value Fund by showing changes in the Fund’s performance from year to year, and by showing how the Fund’s average annual returns for 1, 5 and 10 years compare with those of a broad measure of market performance. As with all mutual funds, past performance is not an indication of future performance (before or after taxes).


    After-tax returns are calculated using the highest individual federal income tax rate for each year, and do not reflect the effect of state and local taxes. Actual after-tax returns depend on your individual tax situation. After-tax returns are not relevant to investors in tax-deferred accounts, such as 401(k) plans or individual retirement accounts.


    Updated performance information is available at www.feim.com/individual-investors/fund/us-value-fund or by calling 800.334.2143.


    The following bar chart assumes reinvestment of dividends and distributions and does not reflect any sales charges. If sales charges were included, the returns would be lower.

    Calendar Year Total Returns—Class A
    Bar Chart

     

     

     

     

     

     

     

     

     

    Best Quarter*

     

     

     

    Worst Quarter*

    Second Quarter 2009

     

    12.57%

     

     

     

    Third Quarter 2011

     

    -9.03%

     

     

     

     

     


     

    *

     

    For the period presented in the bar chart above.

    Average Annual Total Returns as of December 31, 2018

    The bar chart above and table below disclose returns only for Class A shares (which are not offered by this prospectus).


    While no information is shown for the Class T shares (because they have no or partial performance as of December 31, 2018), annual returns for Class T shares would have been substantially similar to those shown here. Class T shares are invested in the same portfolio of securities and the annual returns would differ only to the extent that Class T shares do not have the same expenses.

    Average Annual Returns - Class T Prospectus - First Eagle U.S. Value Fund
    1 Year
    5 Years
    10 Years
    Class A (10.64%) 3.49% 8.57%
    After Taxes on Distributions | Class A (13.49%) 1.50% 7.23%
    After Taxes on Distributions and Sale of Fund Shares | Class A (4.10%) 2.66% 6.97%
    Standard & Poor’s 500 Index (4.38%) 8.49% 13.12%

    XML 40 R81.htm IDEA: XBRL DOCUMENT v3.19.1
    Label Element Value
    Class T Prospectus | First Eagle U.S. Value Fund  
    Risk/Return: rr_RiskReturnAbstract  
    Risk/Return [Heading] rr_RiskReturnHeading First Eagle U.S. Value Fund
    Objective [Heading] rr_ObjectiveHeading Investment Objective
    Objective, Primary [Text Block] rr_ObjectivePrimaryTextBlock

    First Eagle U.S. Value Fund (“U.S. Value Fund”) seeks long-term growth of capital by investing, under normal market conditions, at least 80% of its net assets (plus any borrowings for investment purposes) in domestic equity and debt securities.

    Expense [Heading] rr_ExpenseHeading Fees and Expenses of the U.S. Value Fund
    Expense Narrative [Text Block] rr_ExpenseNarrativeTextBlock

    The following information describes the fees and expenses you may pay if you buy and hold shares of the U.S. Value Fund.


    You may qualify for sales charge discounts if you invest at least $250,000 in the U.S. Value Fund. Information about these discounts is available from your financial professional and in the How to Purchase Shares and Public Offering Price of Class T Shares sections on pages 69 and 74, respectively, and in the appendix to this Prospectus titled Intermediary-Specific Front-End Sales Load and Waiver Terms.

    Shareholder Fees Caption [Text] rr_ShareholderFeesCaption Shareholder Fees (fees paid directly from your investment)
    Operating Expenses Caption [Text] rr_OperatingExpensesCaption Annual Fund Operating Expenses (expenses you pay each year as a percentage of the value of your investment)
    Fee Waiver or Reimbursement over Assets, Date of Termination rr_FeeWaiverOrReimbursementOverAssetsDateOfTermination Feb. 29, 2020
    Portfolio Turnover [Heading] rr_PortfolioTurnoverHeading Portfolio Turnover Rate
    Portfolio Turnover [Text Block] rr_PortfolioTurnoverTextBlock

    The U.S. Value Fund pays transaction costs, such as commissions, when it buys and sells securities (or “turns over” its portfolio). A higher portfolio turnover rate may indicate higher transaction costs and may result in higher taxes when Fund shares are held in a taxable account. These costs, which are not reflected in annual Fund operating expenses or in the example, affect the Fund’s performance. During the most recent fiscal year, the Fund’s portfolio turnover rate was 9.05% of the average value of its portfolio.

    Portfolio Turnover, Rate rr_PortfolioTurnoverRate 9.05%
    Expense Breakpoint Discounts [Text] rr_ExpenseBreakpointDiscounts You may qualify for sales charge discounts if you invest at least $250,000 in the U.S. Value Fund.
    Expense Breakpoint, Minimum Investment Required [Amount] rr_ExpenseBreakpointMinimumInvestmentRequiredAmount $ 250,000
    Other Expenses, New Fund, Based on Estimates [Text] rr_OtherExpensesNewFundBasedOnEstimates “Other Expenses” shown generally reflect actual expenses for the Fund for the fiscal year ended October 31, 2018 and estimated expenses in the case of newly organized share classes.
    Expense Example [Heading] rr_ExpenseExampleHeading Example
    Expense Example Narrative [Text Block] rr_ExpenseExampleNarrativeTextBlock

    The following example is intended to help you compare the cost of investing in the U.S. Value Fund with the cost of investing in other mutual funds. This hypothetical example assumes you invest $10,000 in the Fund for the time periods indicated and then either redeem or do not redeem all shares at the end of those periods. The example also assumes the average annual return is 5% and operating expenses remain the same (except that the management fee waiver is taken into account only for the one-year expense example). Please keep in mind your actual costs may be higher or lower.

    Expense Example by, Year, Caption [Text] rr_ExpenseExampleByYearCaption Sold
    Expense Example, No Redemption, By Year, Caption [Text] rr_ExpenseExampleNoRedemptionByYearCaption Held
    Strategy [Heading] rr_StrategyHeading Principal Investment Strategies
    Strategy Narrative [Text Block] rr_StrategyNarrativeTextBlock

    To achieve its objective of long-term capital growth, the U.S. Value Fund will normally invest at least 80% of its net assets (plus any borrowings for investment purposes) in domestic equity and debt instruments and may invest to a lesser extent in securities of non-U.S. issuers. In particular, the Fund seeks companies exhibiting financial strength and stability, strong management and fundamental value. Investment decisions for the Fund are made without regard to the capitalization (size) of the companies in which it invests. The Fund may invest in any size company, including large, medium and smaller companies. The debt instruments in which the Fund may invest include fixed-income securities without regard to credit rating or time to maturity and short-term debt instruments. The Fund may also invest in gold and other precious metals, and futures contracts related to precious metals. The Fund “counts” relevant derivative positions towards its “80% of assets” allocation, and in doing so, values each position at the price at which it is held on the Fund’s books (generally market price).


    The investment philosophy and strategy of the U.S. Value Fund can be broadly characterized as a “value” approach, as it seeks a “margin of safety” in each investment purchase with the goal being to avoid permanent impairment of capital (as opposed to temporary losses in share value relating to shifting investor sentiment or other normal share price volatility). In particular, a discount to “intrinsic value” is sought even for the best of businesses, with a deeper discount demanded for companies that we view as under business model, balance sheet, management or other stresses. “Intrinsic value” is based on our judgment of what a prudent and rational business buyer would pay in cash for all of the company in normal markets. See also Defensive Investment Strategies.


    The Fund makes some investments through a special purpose trading subsidiary (the “Subsidiary”) and may invest up to 25% of its total assets in the Subsidiary. The Subsidiary is a wholly-owned and controlled subsidiary of the Fund, organized under the laws of the Cayman Islands as an exempted company. Generally, the Subsidiary will invest in commodities and related instruments (primarily gold bullion and other precious metals and related futures contracts).

    Risk [Heading] rr_RiskHeading Principal Investment Risks
    Risk Narrative [Text Block] rr_RiskNarrativeTextBlock

    As with any mutual fund investment, you may lose money by investing in the U.S. Value Fund. The likelihood of loss may be greater if you invest for a shorter period of time. An investment in the Fund is not intended to be a complete investment program.


    Principal risks of investing in the U.S. Value Fund, which could adversely affect its net asset value and total return, are:


     

     

    Market Risk — The value of the Fund’s portfolio holdings may fluctuate in response to events specific to the companies or markets in which the Fund invests, as well as economic, political, or social events in the United States or abroad.

     

     

    Credit and Interest Rate Risk — The value of the Fund’s portfolio may fluctuate in response to the risk that the issuer of a bond or other instrument will not be able to make payments of interest and principal when due. The Fund may invest in debt instruments that are below investment grade, commonly known as junk bonds, which are considered speculative, and carry a higher risk of default. In addition, fluctuations in interest rates can affect the value of debt instruments held by the Fund. An increase in interest rates tends to reduce the market value of debt instruments, while a decline in interest rates tends to increase their values. Longer-duration instruments tend to be more sensitive to interest rate changes than those with shorter durations.

     

     

    Small and Medium-Size Company Risk — The Fund may invest in small and medium-size companies, the securities of which can be more volatile in price than those of larger companies. Positions in smaller companies, especially when the Fund is a large holder of a small company’s securities, also may be more difficult or expensive to trade. The Fund considers small companies to be companies with market capitalizations of less than $1 billion and medium-size companies to have market capitalizations of less than $10 billion.

     

     

    Gold Risk — The Fund may invest in both physical gold and the securities of companies in the gold mining sector. Prices of gold-related issues are susceptible to changes in U.S. and foreign regulatory policies, taxes, currencies, mining laws, inflation, and various other market conditions.

     

     

    Foreign Investment Risk — The Fund may invest in foreign investments. Foreign investments are susceptible to less politically, economically and socially stable environments, foreign currency and exchange rate changes, and adverse changes to government regulations.

     

     

    Subsidiary Risk — By investing in the Subsidiary, the Fund is indirectly exposed to the risks associated with the Subsidiary’s investments. The Subsidiary is not registered under the Investment Company Act of 1940, as amended (the “1940 Act”) and is not subject to all of the investor protections of the 1940 Act. Changes in the laws of the United States and/or the Cayman Islands could result in the inability of the Fund and/or the Subsidiary to operate as expected and could adversely affect the Fund.


    An investment in the Fund is not a bank deposit and is not insured or guaranteed by the Federal Deposit Insurance Corporation (FDIC) or any other government agency.


    For more information on the risks of investing in the U.S. Value Fund, please see the More Information about the Funds’ Investments section.

    Risk Lose Money [Text] rr_RiskLoseMoney As with any mutual fund investment, you may lose money by investing in the U.S. Value Fund.
    Risk Not Insured Depository Institution [Text] rr_RiskNotInsuredDepositoryInstitution An investment in the Fund is not a bank deposit and is not insured or guaranteed by the Federal Deposit Insurance Corporation (FDIC) or any other government agency.
    Bar Chart and Performance Table [Heading] rr_BarChartAndPerformanceTableHeading Investment Results
    Performance Narrative [Text Block] rr_PerformanceNarrativeTextBlock

    The following information provides an indication of the risks of investing in the U.S. Value Fund by showing changes in the Fund’s performance from year to year, and by showing how the Fund’s average annual returns for 1, 5 and 10 years compare with those of a broad measure of market performance. As with all mutual funds, past performance is not an indication of future performance (before or after taxes).


    After-tax returns are calculated using the highest individual federal income tax rate for each year, and do not reflect the effect of state and local taxes. Actual after-tax returns depend on your individual tax situation. After-tax returns are not relevant to investors in tax-deferred accounts, such as 401(k) plans or individual retirement accounts.


    Updated performance information is available at www.feim.com/individual-investors/fund/us-value-fund or by calling 800.334.2143.


    The following bar chart assumes reinvestment of dividends and distributions and does not reflect any sales charges. If sales charges were included, the returns would be lower.

    Performance Information Illustrates Variability of Returns [Text] rr_PerformanceInformationIllustratesVariabilityOfReturns The following information provides an indication of the risks of investing in the U.S. Value Fund by showing changes in the Fund’s performance from year to year, and by showing how the Fund’s average annual returns for 1, 5 and 10 years compare with those of a broad measure of market performance.
    Performance One Year or Less [Text] rr_PerformanceOneYearOrLess While no information is shown for the Class T shares (because they have no or partial performance as of December 31, 2018), annual returns for Class T shares would have been substantially similar to those shown here.
    Performance Availability Phone [Text] rr_PerformanceAvailabilityPhone 800.334.2143
    Performance Availability Website Address [Text] rr_PerformanceAvailabilityWebSiteAddress www.feim.com/individual-investors/fund/us-value-fund
    Performance Past Does Not Indicate Future [Text] rr_PerformancePastDoesNotIndicateFuture As with all mutual funds, past performance is not an indication of future performance (before or after taxes).
    Bar Chart [Heading] rr_BarChartHeading Calendar Year Total Returns—Class A
    Bar Chart Does Not Reflect Sales Loads [Text] rr_BarChartDoesNotReflectSalesLoads The following bar chart assumes reinvestment of dividends and distributions and does not reflect any sales charges. If sales charges were included, the returns would be lower.
    Bar Chart Closing [Text Block] rr_BarChartClosingTextBlock

     

     

     

     

     

     

     

     

     

    Best Quarter*

     

     

     

    Worst Quarter*

    Second Quarter 2009

     

    12.57%

     

     

     

    Third Quarter 2011

     

    -9.03%

     

     

     

     

     


     

    *

     

    For the period presented in the bar chart above.

    Bar Chart, Returns for Class Not Offered in Prospectus [Text] rr_BarChartReturnsForClassNotOfferedInProspectus The bar chart above and table below disclose returns only for Class A shares (which are not offered by this prospectus).
    Highest Quarterly Return, Label rr_HighestQuarterlyReturnLabel Best Quarter
    Highest Quarterly Return, Date rr_BarChartHighestQuarterlyReturnDate Jun. 30, 2009
    Highest Quarterly Return rr_BarChartHighestQuarterlyReturn 12.57%
    Lowest Quarterly Return, Label rr_LowestQuarterlyReturnLabel Worst Quarter
    Lowest Quarterly Return, Date rr_BarChartLowestQuarterlyReturnDate Sep. 30, 2011
    Lowest Quarterly Return rr_BarChartLowestQuarterlyReturn (9.03%)
    Performance Table Uses Highest Federal Rate rr_PerformanceTableUsesHighestFederalRate After-tax returns are calculated using the highest individual federal income tax rate for each year, and do not reflect the effect of state and local taxes.
    Performance Table Not Relevant to Tax Deferred rr_PerformanceTableNotRelevantToTaxDeferred After-tax returns are not relevant to investors in tax-deferred accounts, such as 401(k) plans or individual retirement accounts.
    Performance Table Narrative rr_PerformanceTableNarrativeTextBlock

    The bar chart above and table below disclose returns only for Class A shares (which are not offered by this prospectus).


    While no information is shown for the Class T shares (because they have no or partial performance as of December 31, 2018), annual returns for Class T shares would have been substantially similar to those shown here. Class T shares are invested in the same portfolio of securities and the annual returns would differ only to the extent that Class T shares do not have the same expenses.

    Average Annual Return, Caption rr_AverageAnnualReturnCaption Average Annual Total Returns as of December 31, 2018
    Class T Prospectus | First Eagle U.S. Value Fund | Standard & Poor’s 500 Index  
    Risk/Return: rr_RiskReturnAbstract  
    1 Year rr_AverageAnnualReturnYear01 (4.38%)
    5 Years rr_AverageAnnualReturnYear05 8.49%
    10 Years rr_AverageAnnualReturnYear10 13.12%
    Class T Prospectus | First Eagle U.S. Value Fund | Class T  
    Risk/Return: rr_RiskReturnAbstract  
    Maximum Sales Charge (Load) on Purchases (as a percentage of public offering price) rr_MaximumSalesChargeImposedOnPurchasesOverOfferingPrice 2.50%
    Maximum Deferred Sales Charge (Load) (as a percentage of the lesser of your purchase or redemption price) rr_MaximumDeferredSalesChargeOverOfferingPrice none
    Management Fees rr_ManagementFeesOverAssets 0.75% [1]
    Distribution and/or Service (12b-1) Fees rr_DistributionAndService12b1FeesOverAssets 0.25%
    Other Expenses rr_OtherExpensesOverAssets 0.15% [2]
    Total Annual Operating Expenses (%) rr_ExpensesOverAssets 1.15%
    Fee Waiver rr_FeeWaiverOrReimbursementOverAssets (0.05%) [1]
    Total Annual Operating Expenses After Fee Waiver (%) rr_NetExpensesOverAssets 1.10%
    Expense Example, with Redemption, 1 Year rr_ExpenseExampleYear01 $ 359
    Expense Example, with Redemption, 3 Years rr_ExpenseExampleYear03 601
    Expense Example, with Redemption, 5 Years rr_ExpenseExampleYear05 862
    Expense Example, with Redemption, 10 Years rr_ExpenseExampleYear10 1,608
    Expense Example, No Redemption, 1 Year rr_ExpenseExampleNoRedemptionYear01 359
    Expense Example, No Redemption, 3 Years rr_ExpenseExampleNoRedemptionYear03 601
    Expense Example, No Redemption, 5 Years rr_ExpenseExampleNoRedemptionYear05 862
    Expense Example, No Redemption, 10 Years rr_ExpenseExampleNoRedemptionYear10 $ 1,608
    Class T Prospectus | First Eagle U.S. Value Fund | Class A  
    Risk/Return: rr_RiskReturnAbstract  
    Annual Return 2009 rr_AnnualReturn2009 24.84%
    Annual Return 2010 rr_AnnualReturn2010 12.22%
    Annual Return 2011 rr_AnnualReturn2011 5.70%
    Annual Return 2012 rr_AnnualReturn2012 10.71%
    Annual Return 2013 rr_AnnualReturn2013 16.94%
    Annual Return 2014 rr_AnnualReturn2014 8.15%
    Annual Return 2015 rr_AnnualReturn2015 (5.14%)
    Annual Return 2016 rr_AnnualReturn2016 14.77%
    Annual Return 2017 rr_AnnualReturn2017 12.79%
    Annual Return 2018 rr_AnnualReturn2018 (5.92%)
    1 Year rr_AverageAnnualReturnYear01 (10.64%)
    5 Years rr_AverageAnnualReturnYear05 3.49%
    10 Years rr_AverageAnnualReturnYear10 8.57%
    Class T Prospectus | First Eagle U.S. Value Fund | Class A | After Taxes on Distributions  
    Risk/Return: rr_RiskReturnAbstract  
    1 Year rr_AverageAnnualReturnYear01 (13.49%)
    5 Years rr_AverageAnnualReturnYear05 1.50%
    10 Years rr_AverageAnnualReturnYear10 7.23%
    Class T Prospectus | First Eagle U.S. Value Fund | Class A | After Taxes on Distributions and Sale of Fund Shares  
    Risk/Return: rr_RiskReturnAbstract  
    1 Year rr_AverageAnnualReturnYear01 (4.10%)
    5 Years rr_AverageAnnualReturnYear05 2.66%
    10 Years rr_AverageAnnualReturnYear10 6.97%
    [1] The Adviser has contractually agreed to waive its management fee at an annual rate in the amount of 0.05% of the average daily value of the Fund's net assets for the period through February 29, 2020. This waiver has the effect of reducing the management fee shown in the table for the term of the waiver from 0.75% to 0.70%.
    [2] "Other Expenses" shown generally reflect actual expenses for the Fund for the fiscal year ended October 31, 2018 and estimated expenses in the case of newly organized share classes.
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