TBWIX – Thornburg Better World International I Investment Strategy | Morningstar

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Strategy

The investment seeks long-term capital appreciation. The fund pursues its investment goal by investing primarily in a broad range of foreign equity securities or depositary receipts of foreign equity securities. Under normal circumstances, it invests at least 80% of its net assets, plus the amount of any borrowings for investment purposes, in issuers that the fund’s investment advisor, Thornburg Investment Management, Inc. (‘Thornburg’), has determined exhibit one or more significant and positive environmental, social and governance (“ESG”) characteristics.

Ticker	Name	Share Class Type	Investment Status	Morningstar Rating for Funds Overall	Medalist Rating Overall	Inception Date	Total Net Assets for Share Class	Adjusted Expense Ratio	Fee Level Distribution	Minimum Initial Investment	1-Year Net Flow
TBWIX	Thornburg Better World International Fund Class I	Institutional	Open			Sep 30, 2015	$399.95M	0.900%	Above Average	$3M	−$95.65M
TBWAX	Thornburg Better World International Fund Class A	Front Load	Open			Sep 30, 2015	$39.04M	1.420%	High	$1,000	−$3.63M
TBWCX	Thornburg Better World International Fund Class C	Level Load	Open			Sep 30, 2015	$4.88M	1.950%	Above Average	$1,000	−$846,823.13

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