SANTA FE, N.M., Aug. 31, 2021 /PRNewswire/ -- Thornburg
Investment Management ("Thornburg"), a global investment firm that
oversees $49 billion in
assets[1] , today announced the 15-year anniversary of
the $1.1 billion Thornburg Global
Opportunities Fund ("Fund") (Ticker: THOIX). The Fund carries a top
percentile ranking in the Morningstar World Large-Stock Blend
category, among 81 funds, for the fifteen-year period ending
July 31, 2021, based on total returns
without sales charge.
"Our research process identifies quality businesses at
attractive prices around the world," said Brian McMahon, Chief Investment Strategist and
Co-Portfolio Manager. "We seek to capture the advantages of global
diversification within a focused portfolio of compelling ideas.
Built on our core investment principles of flexibility, focus and
value, the Fund gives us a durable framework for value-added
investing."
The Fund, which launched on July 28,
2006, has been co-managed since inception by Mr. McMahon.
Miguel Oleaga, who joined Thornburg
in 2014, was promoted to portfolio manager on the Fund in 2020.
Together and with support from the entire Thornburg investment
team, Mr. McMahon and Mr. Oleaga oversee the flexible and focused
equity portfolio that leverages Thornburg's renowned capacity as a
global manager. Portfolio holdings are selected on a bottom-up
basis through a disciplined, value-based framework, ensuring a
balanced approach to portfolio construction and risk management. In
addition to the mutual fund, the global opportunities solution is
available to certain investors as a UCITS fund and a separately
managed account.
The Fund is benchmarked against the MSCI All Country (AC) World
Index Net Total Return USD. Since inception and through
July 31, 2021, the Fund's I share
class (THOIX) has outperformed the benchmark by 3.21% on an
annualized basis.
"This is a significant milestone for Thornburg," said
Thornburg President and CEO
Jason Brady. "Thornburg Global
Opportunities Fund's 15-year track record of outperformance is a
testament to our long-term investment philosophy[2] .
With Brian and Miguel at the helm and with support from our entire
investment team, the Fund has proven time and again that the
flexibility to look anywhere in the world for value can provide
long-term positive returns to our shareholders."
For more information about the Fund, please visit
https://www.thornburg.com/products-performance/mutual-funds/equity-funds/fgo/performance/.
To learn more about Thornburg's investment strategies, please visit
https://www.thornburg.com/products-performance/mutual-funds/.
About Thornburg
Founded in 1982, Thornburg Investment
Management is a privately owned global investment firm that offers
a range of multi-strategy solutions for institutions and financial
advisors. A recognized leader in fixed income and equity investing,
the firm oversees $49
billion[1] as of July
31, 2021 across mutual funds, closed-end funds,
institutional accounts, separate accounts for high-net-worth
investors and UCITS funds for non-U.S. investors. Thornburg is
headquartered in Santa Fe, New
Mexico, with additional offices in London, Hong
Kong and Shanghai.
At Thornburg, we believe unconstrained investing leads to better
outcomes for our clients. Our culture is collaborative, and our
investment solutions are highly active, high conviction and
benchmark agnostic. When it comes to finding value for our clients,
it's more than what we do, it's how we do it: how we think, how we
invest and how we're structured.
For more information, visit www.thornburg.com or call (877)
215-1330.
Media Inquiries
Michael Corrao
Director of Global Communications
Thornburg Investment Management
Tel: +1 (505) 467-5345
Email: mcorrao@thornburg.com
Past performance is no guarantee of future results.
Investments carry risks, including possible loss of principal.
Additional risks may be associated with investments outside
the United States, especially in
emerging markets, including currency fluctuations, illiquidity,
volatility, and political and economic risks. Investments in small-
and mid-capitalization companies may increase the risk of greater
price fluctuations. Investments in the Fund are not FDIC insured,
nor are they bank deposits or guaranteed by a bank or any other
entity.
Class I shares may not be available to all investors. Minimum
investments for the I share class may be higher than those for
other classes.
Based on total returns before sales charges, Morningstar ranked
the fund (I shares) in the top 38% over three years, 38% over five
years, and 18% over 10 years, among 282, 248, and 144 World
Large-Stock Blend funds, respectively, as of 7/31/21. © 2021
Morningstar, Inc. All Rights Reserved. The information contained
herein: (1) is proprietary to Morningstar and/or its content
providers; (2) may not be copied or distributed; and (3) is not
warranted to be accurate, complete or timely. Neither Morningstar
nor its content providers are responsible for any damages or losses
arising from any use of this information. Past performance is no
guarantee of future results.
Before investing, carefully consider the Fund's investment
goals, risks, charges, and expenses. For a prospectus or summary
prospectus containing this and other information, contact your
financial advisor or visit thornburg.com. Read them carefully
before investing.
Thornburg mutual funds are distributed by Thornburg Securities
Corporation.
[1] Includes $46.8
billion in assets under management and $1.9 billion in assets under advisement as of
July 31, 2021
[2] The Fund may not have outperformed in every
reporting period.
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SOURCE Thornburg Investment Management