International
Pipeline Trail
Downtown Riverfront; Richmond, VA
Pipeline Trail
Downtown Riverfront; Richmond, VA
About International
Investment Objective
The International team seeks to provide a return that outperforms the MSCI EAFE Index, net of our management fee, over a full market cycle.
Investment Overview
TSW’s International strategy applies a bottom-up, fundamental approach to investing. We seek stocks having a combination of three characteristics: mispriced shares relative to our estimate of intrinsic value, identifiable catalysts for positive change and upside potential that meaningfully exceeds downside risk over an 18- to 36-month time horizon.
Investment Process
International equity markets are exceptionally diverse and are subject to a very wide array of financial, economic, political and cultural market forces that make them distinct from the U.S. market. A consistent approach is essential for navigating
Strategy Highlights
Repeatability: a tenured team executing a consistently applied process
A tenured team with over a decade of averaged experience working together
A time-tested approach
- Bottom-up, fundamental process
- Searching for mispriced stocks exhibiting signs of positive change
- Seeking favorable reward versus risk profile
- A long-term investment horizon
International Trailing Performance
June 30, 2024
Calendar year performance reflects past 10 years of data available.
Benchmark: MSCI EAFE Index. The MSCI EAFE Index is an equity index which captures large and mid cap representation across 21 Developed Markets countries around the world, excluding the U.S. and Canada. The Index covers approximately 85% of the free float adjusted market capitalization in each country. Benchmark Source: MSCI. MSCI makes no express or implied warranties or representations and shall have no liability whatsoever with respect to any MSCI data contained herein. The MSCI data may not be further redistributed or used as a basis for other indexes or any securities or financial products. This report is not approved, endorsed, reviewed or produced by MSCI. None of the MSCI data is intended to constitute investment advice or a recommendation to make (or refrain from making) any kind of investment decision and may not be relied on as such.
Periods less than one year are not annualized. Performance represents the International Equity composite. Performance is shown gross and net of management fees and includes reinvestment of dividends and other income. Gross returns will be reduced by investment advisory fees and other expenses that are incurred in the management of the account. Net of fee performance was calculated using the actual management fees charged. These figures have been rounded to the nearest hundredth. Past performance is no guarantee of future results. It is not possible to invest directly in an index. Performance disclosures can be found here.
Please see Risk Disclosures for important information.
Calendar year performance reflects past 10 years of data available.
Benchmark: MSCI EAFE Index. The MSCI EAFE Index is an equity index which captures large and mid cap representation across 21 Developed Markets countries around the world, excluding the U.S. and Canada. The Index covers approximately 85% of the free float adjusted market capitalization in each country. Benchmark Source: MSCI. MSCI makes no express or implied warranties or representations and shall have no liability whatsoever with respect to any MSCI data contained herein. The MSCI data may not be further redistributed or used as a basis for other indexes or any securities or financial products. This report is not approved, endorsed, reviewed or produced by MSCI. None of the MSCI data is intended to constitute investment advice or a recommendation to make (or refrain from making) any kind of investment decision and may not be relied on as such.
Periods less than one year are not annualized. Performance represents the International Equity composite. Performance is shown gross and net of management fees and includes reinvestment of dividends and other income. Gross returns will be reduced by investment advisory fees and other expenses that are incurred in the management of the account. Net of fee performance was calculated using the actual management fees charged. These figures have been rounded to the nearest hundredth. Past performance is no guarantee of future results. It is not possible to invest directly in an index. Performance disclosures can be found here.
Please see Risk Disclosures for important information.
Sector Weights
June 30, 2024
Portfolio Characteristics
June 30, 2024
Benchmark: MSCI EAFE Index. Source: FactSet, MSCI (July 2024). Sector weights are run on a single account in the International Equity composite and, due to rounding, may not add up to 100.0%.
Benchmark: MSCI EAFE Index. Source: FactSet, MSCI (July 2024). Characteristics are run on a single account in the International Equity composite and are subject to change. Turnover reflects one-year annualized data.
Region Weights
June 30, 2024
Benchmark: MSCI EAFE Index. Source: FactSet, MSCI (July 2024). Region weights are run on a single account in the International Equity composite and, due to rounding, may not add up to 100.0%.
1Investing involves risk including loss of principal. For more information pertaining to the mutual fund products above, including investment objectives, risks, charges and expenses, obtain a prospectus. Read the prospectus carefully before investing or sending money. Neither this material nor any accompanying oral presentation or remarks by a representative of the distributors is intended to constitute a recommendation of the funds or a determination of suitability for any investor. Transamerica International Equity is distributed by Transamerica Capital, Inc., which is not affiliated with Thompson, Siegel & Walmsley LLC or any other affiliate. To request a copy of the prospectus, you may call 1-866-414-6349. Only I share class tickers are shown. Contact the adviser or distributor at the links below for specific share class information.
For more information on Transamerica International Equity, visit www.transamerica.com or call 1-800-851-7555.
Data as of 06/30/2024