Thornburg International Growth Fund Class R3 (TIGVX)

Overview

The company operates as a global investment fund, aiming to generate growth by investing primarily in equity securities of issuers around the world, with a particular focus on those with high growth potential. The investment strategy is not limited by geographical boundaries, as it seeks opportunities in both developed and developing countries, marking it as a versatile investment fund designed for investors looking for global exposure. A significant portion of the fund's assets, at least 75%, is allocated to foreign securities or depositary receipts of foreign securities, underlining its commitment to international markets. However, it maintains the flexibility to include domestic equity securities in its portfolio, allowing for a diversified investment approach that can adapt to changing market conditions.

Products and Services

The fund offers a variety of investment products and services designed to meet the needs of investors looking for growth through equity investment in international markets:

• Equity Securities

  This is the primary focus of the fund, investing in common stocks around the world selected for their potential to provide significant growth. These equity securities are primarily from international issuers, offering investors exposure to global market dynamics and growth opportunities beyond their home country.

• Depositary Receipts of Foreign Securities

  Apart from directly investing in foreign equity securities, the fund also invests in depositary receipts, which are negotiable financial instruments issued by banks to represent a foreign company's publicly traded security. This allows investors to gain exposure to foreign markets in a form that is more accessible and familiar, potentially reducing some of the risks associated with direct investments in foreign stocks.

• Investment in Developing Countries

  Understanding the growth potential in emerging markets, the fund allocates part of its investments to developing countries. This approach diversifies the investment portfolio and taps into the higher growth rates often found in these markets, albeit with a higher risk associated with the political and economic instability commonly present in such regions.

• Domestic Equity Securities

  While the fund's primary focus is on foreign investments, it also keeps a portion of its portfolio in domestic equity securities. This balance between domestic and international investments allows for a more diversified and potentially less volatile investment portfolio, ready to adapt to a wide range of market conditions.