Thornburg International Equity Fund Class A (TGVAX)

Overview

The fund is an investment vehicle that focuses on capitalizing on the potential growth of non-U.S. markets. By primarily investing in common stocks of non-U.S. companies and depositary receipts associated with these stocks, the fund offers investors the opportunity to diversify their investment portfolio internationally. While the fund is open to investing in developing countries, which can offer high growth potential, it also incorporates a strategy to maintain a significant portion of its investments in stocks or depositary receipts, ensuring at least 80% of its net assets are committed to such financial instruments under normal conditions.

Products and Services

• Investment in Non-U.S. Companies' Common Stocks

  This product allows investors to gain exposure to the equity markets outside of the United States, diversifying their investment portfolios and potentially tapping into the growth of foreign corporations. By investing in common stocks of non-U.S. entities, investors can participate in the global economic growth beyond their domestic market.

• Investment in Depositary Receipts

  Depositary receipts represent shares in foreign companies and are traded on U.S. exchanges, offering a convenient way for investors to own foreign stocks without dealing with cross-border transactions directly. This service provides an avenue for investors to diversify their portfolios across geographical borders, mitigating risk by investing in overseas markets through a U.S.-regulated framework.

• Developing Countries Market Exposure

  The fund’s strategy to invest in developing countries presents an additional layer of diversification and potential for high returns. Markets in developing countries can offer faster growth rates compared to developed markets, representing an attractive opportunity for investors seeking to augment their portfolios with high-growth investments.