Thursday, November 20, 2008

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Thornburg Global Opp (THOIX) Category:   World Stock Status:   Open to new investors Current Recommendation: Hold Pevious Recommendation: Accumulate Reason (last updated on 1/14/2008): This world stock fund had excellent performance with low volatility from its July 2006 inception through Oct. 2007. However, in the current global downturn, it is down 13.3% from its Oct. 31st peak. It is still up 22.6% over last one year. This fund has a fund imposed short term redemption fee of 1% if sold in less than one month. It is available at Fidelity with a transaction fee of $75 on purchase and no transaction fee on sale. When this fund was first offered at Fidelity, the minimum initial purhcase amount was less than $10K. Now the mimimum initial purchase amount has been increased to $2.5M. However, the existing account holders can still make additional purchases of $5K and up. For other users, we recommend its class C version THOCX. Yahoo Financial Chart, click here Morningstar Profile, click here Subscribe to email alerts for this mutual fund