Third Avenue International Value Fund Institutional Class (TAVIX)

20.36
Net Asset Value
+0.20%
1 Day
+0.39%
Year-to-Date
Overall Morningstar Rating
Foreign small/mid value
Style or Category
No Load
Sales Expenses
1.44%
Expense Ratio
Low
Morningstar Risk Rating™
Investment Objective The investment seeks long-term capital appreciation. The fund primarily invests in equity securities, including common stocks and convertible securities, of well-financed companies (meaning companies with high quality assets and conservative levels of liabilities) located outside of the United States. While the fund may invest in companies located anywhere in the world, it currently expects that most of its assets will be invested in the more developed countries and, under normal circumstances, at least 80% of its assets will be invested in securities of issuers located outside of the United States at the time of investment. It is non-diversified.

Performance

1 month-1.12% 3 years+5.89%
3 months+1.85% 5 years+9.30%
1 year+9.60% Since inception+10.01%
Data through --

Peer Comparisonvs. Foreign small/mid value

 TAVIXCategory
Performance 5-yr return+9.30%+14.35%
Expense ratio1.44%1.45%
Risk 5 year sharpe ratio0.760.84
Net assets$708.1M$1.0B
Average market cap$5.4B$2.2B
Average P/E16.115.1
Portfolio turnover11%11%

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Fund Management and Purchase Info

Fund familyThird Avenue
Fund manager & tenureAmit Wadhwaney / 12 Years
Minimal initial investment$100,000.00
Minimum IRA investment$100,000.00

Holdings

International stock81.48%
U.S. stock9.95%
Cash7.10%
Fixed income1.47%
Other0.00%
Top 5 Sectors
Portfolio weighting
Industrial materials 26.70%
Financial service 26.00%
Consumer goods 18.42%
Telecommunication 11.58%
Healthcare 4.38%
Top 10 Holdings
Portfolio weighting
-- Straits Trading Co Ltd8.69%
-- Netia Holdings SA6.75%
WY Weyerhaeuser Co3.95%
-- Sanofi3.77%
WTM White Mountains Insurance Group Ltd3.44%
-- Munchener Ruck AG3.43%
-- Hutchison Whampoa Ltd3.27%
-- Allianz SE3.11%
-- Pargesa Holding SA3.09%
-- Titan Cement Co SA2.98%

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