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Thornburg Developing World CL I

Ranked 179 out of 221 in - Global Emerging Markets over 12 months
All calculations are in CHF unless stated

Managed by

Ben Kirby

Ben Kirby is a equity portfolio manager at Thornburg Investment Management. He joined the group in 2008 as an equity research analyst, was promoted to associate portfolio manager in 2011, and was named portfolio manager in 2013. Ben holds a BA in computer science from Fort Lewis College and an MBA from Duke University’s Fuqua School of Business. Prior to graduate school, Ben was a software engineer at Pinnacle Business Systems in Oklahoma City, Oklahoma. He is a CFA charterholder.

Charles Wilson

Charlie Wilson is portfolio manager for Thornburg Investment Management. He joined the firm in 2012 as associate portfolio manager and was promoted to portfolio manager in 2014. Charlie earned a BS in geology from the University of Arizona in Tucson and a PhD in geo- physics from the University of Colorado in Boulder. Prior to joining Thornburg, Charlie served as co-portfolio manager for Marsico Capital Management in Denver, Colorado. He was responsible for portfolio investments across multiple strategies and geographies, with specialization in materials, energy, technology, and payments sectors.

Objective

The investment objective of the Fund is to provide investors with long-term capital appreciation by investing primarily in equity securities, which under normal market conditions will typically comprise at least 80% of Net Asset Value (NAV ) in equity securities and debt obligations of developing country issuers. Debt securities will not exceed 20% of NAV under normal market conditions.

Showing fund performance in Switzerland View performance globally

Performance

Global Emerging Markets over : 31/08/2017 - 31/08/2018

Total Return

Quarterly Performance

to 30/06/2018 Annual Q1 Q2 Q3 Q4
2018 -2.1% -7.8%
2017 29.5% 6.8% 3.3% 9.4% 7.4%
2016 4.9% -0.6% 3.3% 5.3% -3.0%
2015 -19.2% -5.3% -6.7% -12.7% 4.9%
2014 8.6% -1.0% 5.9% 1.1% 2.4%
2013 3.8%

Month by Month Performance

Returns Vs Risk

Asset Allocation

Breakdown

30/06/2018

Top 10 Holdings

Stock Size
Alibaba Group Holding Ltd DR 6.03%
Tencent Holdings Ltd ORD 5.77%
Grupo Financiero Banorte SAB de CV ORD 4.91%
Unilever NV DR 4.44%
ICICI Bank Ltd DR 4.41%
AIA Group Ltd ORD 4.35%
Reliance Industries Ltd ORD 4.30%
HDFC Bank Ltd ORD 4.15%
Industrial and Commercial Bank of China Ltd ORD 3.94%
Samsung Electronics Co Ltd ORD 3.82%
30/06/2018

Registered For Sale In

  1. Ireland
  2. Switzerland
  3. United Kingdom

Fund Info

  • Launch date02/07/2013
  • Share Class size00Mn
  • Base currencyUSD
  • ISIN IE00B9F8VP30

Purchase Info

  • Min. initial investment2Mn
  • Min. regular additional investment0

Charges

  • Annual management0.80%
  • Initial investment0.00%

Performance is for the period shown (month end to month end, bid/bid, gross income reinvested, calculated in the currency and currencies indicated).