Third Avenue Small Cap Value Fund Z (TASZX)

Overview

The fund is designed to cater to investors looking to capitalize on investment opportunities within the small-cap sector. By focusing on acquiring equity securities at a perceived intrinsic value, the fund aims to achieve its investment objective. Equity securities include common stocks and convertible securities. These investments are carefully selected based on the fund's assessment of well-financed small companies that present a significant growth potential. The advisory team managing the fund leverages a disciplined investment strategy, intending to ensure that at least 80% of the fund's net assets, along with any borrowed funds for investment purposes, are allocated towards securities of companies considered small. This approach is indicative of the fund's commitment to maximizing returns by identifying undervalued assets within the small-cap space.

Products and Services

• Equity Securities of Small Companies

This core investment product focuses on acquiring equity securities, which include common stocks and convertible securities, of small companies. The fund's strategy targets well-financed small businesses, aiming to invest in these companies at prices lower than what the adviser believes is their intrinsic value. This is central to the fund's investment philosophy and its approach to generating returns for its investors.

• Domestic and Foreign Securities Investment

Beyond focusing on domestic markets, the fund also allocates a portion of its assets towards investments in foreign securities. This diversified investment approach allows the fund to tap into potential growth opportunities in international markets, thus broadening the investment horizon. Investing in both domestic and foreign securities helps spread risk and offers the potential for higher returns by accessing a wider range of investment opportunities globally.