About TINGX
Thornburg International Growth Fund Class I is an actively managed mutual fund designed to provide long-term capital growth by investing primarily in equity securities of companies outside the United States. The fund targets high-quality companies with enduring growth prospects, spanning both developed and emerging markets. Its strategy emphasizes a high-conviction, concentrated portfolio, typically holding a select group of large-cap stocks that exhibit strong potential for sustainable growth. The fund benchmarks its performance against the MSCI ACWI ex-U.S. Growth Index, aligning its focus on international large-cap growth equities.
Notable sectors in the portfolio include healthcare, technology, consumer defensive, financial services, and consumer cyclical industries, with significant holdings in companies such as Novo Nordisk, ASML Holding, Nestlé, and Taiwan Semiconductor Manufacturing. The fund is structured for institutional investors, featuring a relatively high minimum initial investment and a portfolio turnover rate geared toward capturing evolving global growth trends. By providing exposure to international equities, Thornburg International Growth Fund Class I plays a vital role in diversifying U.S. dollar-based portfolios and accessing growth opportunities across the global equity landscape.
Fund Family Thornburg
Category Foreign Large Growth
Performance Rating Below Average
Risk Rating Average
Stock Exchange NASDAQ
Ticker Symbol TINGX
Share Class - Class I
Index MSCI AC World ex USA Growth NR USD
TINGX had a total return of 12.29% in the past year, including dividends.
Since the fund's inception, the average annual return has been 6.76%.
