Thornburg International Equity Fund Class R5 (TIVRX)

Overview

The fund presents itself as a distinct opportunity for investors looking to diversify their portfolio internationally. By focusing on non-U.S. companies and depositary receipts, it aims to provide exposure to the global market. This approach not only widens the investment horizon but also potentially taps into the growth dynamic of foreign markets. The fund's openness to investing in developing countries further amplifies its appeal by offering a channel to participate in the burgeoning economies that could be the drivers of tomorrow’s growth. The commitment to invest at least 80% of its net assets in common stocks or depositary receipts ensures that the fund stays true to its core investment thesis, emphasizing the importance of equity investment in global markets.

Products and Services

• Investment in Non-U.S. Common Stocks

  This product focuses on investing in a diversified portfolio of common stocks issued by non-U.S. companies. The selection process targets firms believed to have sustainable growth, offering investors the chance to participate in the potential upside of international markets. By spreading investments across various countries, the fund aims to mitigate country-specific risks while capturing global growth opportunities.

• Investment in Depositary Receipts

  Depositary receipts represent a strategic vehicle for investing in non-U.S. companies, providing an alternative to direct investments in foreign stock markets. These instruments make it easier to gain exposure to international businesses as they are traded on U.S. exchanges or over the counter. This service simplifies the process of owning shares in foreign entities, potentially reducing the costs and complexities associated with international trading regulations and currency conversions.

• Focus on Developing Countries

  This emphasis enables investors to tap into the rapid economic growth and investment opportunities available in developing countries. By allocating assets to emerging markets, the fund seeks to exploit the higher growth potential compared to more developed economies. This approach, however, comes with increased volatility and risk, which the fund aims to manage through meticulous research and strategic diversification.