The new no-load fund, managed by Thomas White International, Ltd., invests in securities of companies located in or whose businesses are closely associated with the world’s emerging market countries.
According to the announcement, the Thomas White Emerging Markets Fund’s objective is to achieve long-term capital growth for its investors by actively seeking investment opportunities in some of the fastest expanding economies in the world. The fund will leverage Thomas White International’s in-house research capabilities and long-term expertise in global investing to identify undervalued firms which have superior earnings power and balance sheet strength
Thomas S. White Jr., a former Morgan Stanley Managing Director, President and Chairman of Thomas White International, will serve as the new Fund’s portfolio manager.
The announcement said the Thomas White Emerging Markets Fund will complement the other no-load funds managed by Thomas White International: The Thomas White American Opportunities Fund, which invests in equity securities of mid-size U.S. companies, and the Thomas White International Fund, which invests in equity securities of companies located in the world’s developed countries outside the U.S.
More information is at http://www.thomaswhite.com/.