FOR IMMEDIATE RELEASE:
Thomas White Funds Announces Launch of the Thomas White Emerging Markets Fund
Chicago, June 28, 2010: Thomas White Funds today announced the launch of the Thomas White Emerging Markets Fund (Ticker: TWEMX). 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.
Empowering the InvestorSM
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 extensive in-house research capabilities and long-term expertise in global investing to identify undervalued firms which have superior earnings power and balance sheet strength. The Fund manager now covers more than 2,000 equity securities across 45 markets worldwide.
Thomas S. White Jr., a former Morgan Stanley Managing Director, is President and Chairman of Thomas White International, and will serve as the new Fund’s portfolio manager. He commented, “The Thomas White Emerging Markets Fund will bring our expertise in international equity research to investors seeking to increase their portfolio exposure to emerging markets. As global economic power gradually shifts to large emerging economies like China, India, and Brazil, we believe firms in these markets will likely enjoy better growth opportunities over the next several years and decades.”
Capturing Value WorldwideSM
The Thomas White Emerging Markets Fund will complement the other no-load funds managed by Thomas White International. The Thomas White American Opportunities Fund (Ticker: TWAOX) invests in equity securities of mid-size U.S. companies. The Thomas White International Fund (Ticker: TWDDX), which invests in equity securities of companies located in the world's developed countries outside the U.S., received two Lipper Awards in 2008, ranking #1 out of 89 funds in the International Multi-Cap Value category for the 3-year period ended December 31, 2007 and ranking #1 out of 39 funds for the 10-year period ended December 31, 2007. The Lipper Fund Awards are presented annually by Lipper, a leading global mutual fund rating and research firm*.
To invest in the Thomas White Funds, please call 1-800-811-0535 or for more information, please visit www.thomaswhite.com
Contact:
Stathy M. White
Executive Vice President
Communications and Fund Marketing
312-663-8543
ABOUT THOMAS WHITE INTERNATIONAL
Founded in 1992 by former Morgan Stanley Asset Management managing director, Thomas S. White Jr., THOMAS WHITE INTERNATIONAL is a research-driven investment manager and independent research provider. The firm seeks to deliver superior performance by identifying undervalued securities in 45 markets around the globe, including the U.S. The organization’s investment decisions rely solely on proprietary analysis using industry-based stock selection methods that have been carefully refined and tested over several decades. Thomas White’s unique analytical approach limits overall portfolio volatility and downside risk while delivering strong long-term investment returns.
Thomas White International's research approach combines the subjective rules of traditional securities analysis with a quantitative approach. To help determine a company's fair value, Thomas White compares the stock to its industry peers within the context of one of 68 tailor-made valuation frameworks developed over the firm's 30-year history.
More about Thomas White International
Past performance is no guarantee of future results. Investors should carefully consider the investment objectives, risks, charges and expenses of the Thomas White Funds before investing. This and other important information is contained in each Fund’s prospectus, which can be obtained by calling the Thomas White Funds at (800) 811-0535 or by visiting the Fund’s website at www.thomaswhite.com. Investing in international and emerging markets may involve additional risks, such as social and political instability, market illiquidity, exchange-rate fluctuations, a high level of volatility and limited regulation. Read the prospectus carefully before investing.
* As of December 31, 2009, the Thomas White International Fund ranked 44 out of 130 funds, 2 out of 71 funds, and 9 out of 45 funds in Lipper International Multi-Cap Value Funds category for the 1-, 5-, and 10-year periods respectively.
The awards program highlights funds that have excelled in delivering consistently strong risk-adjusted performance, relative to peers. The awards are awarded to funds in 21 countries in Asia, Europe and the United States. Rankings do not take sales charges into account and are based on total return, net of expenses and includes reinvested dividends. Lipper scores for Consistent Return reflect funds' historical risk-adjusted returns, measured in local currency, relative to peers. Funds registered for sale in a given country are selected and then scores for Consistent Return are computed for all Lipper classifications with five or more distinct portfolios. These calculations span equity, mixed asset and bond funds. A fund must have had at least 36 months of performance history as of the end of the evaluation year.
