Third Avenue Value Fund UCITS
Class A1 (USD) Inception: March 31, 2009 | Class A4 (USD) Inception: November 23, 2011
Our flagship value strategy was launched in 1990 under the leadership of Martin J. Whitman. The high conviction strategy seeks to invest in undervalued securities across industries, regions and market capitalizations. Our fundamental analysis seeks to identify stocks trading below their intrinsic value that compound asset values at double digit rates.
Opportunistic. Eclectic. Go Anywhere.
The Value strategy’s flexible mandate takes a global, all-cap equities approach and allows for opportunistic investments in credit securities across the capital structure. Opportunities are evaluated with sharp focus on financial strength, ability to compound NAV, and priced at a significant discount to our conservative estimate of NAV.
1 Active Share is the percentage of a fund’s portfolio that differs from the benchmark index. The MSCI World Index is an unmanaged, free float-adjusted market capitalization weighted index that is designed to measure the equity market performance of 23 of the world’s most developed markets.
Indices are not securities that can be purchased or sold, and their total returns are reflective of unmanaged portfolios. The returns include reinvestment of interest, capital gains and dividends.
For information purposes only. It does not constitute an offer, solicitation or invitation to buy the Fund’s shares in any jurisdiction. Potential eligible investors should contact their financial advisor, or the Fund’s Administrator, BNY Mellon Investment Services (International) Ltd., at +353 5391 49880 or firstname.lastname@example.org for more information, including a prospectus and simplified prospectus. Potential eligible investors should read the prospectus, simplified prospectus and relevant supplement carefully, considering the investment objectives, risks, charges, and expenses of the investment company, before making any investment decision or sending money. The prospectus, simplified prospectus and supplements contain this and other important information about the Fund.
Active Management, High Active Share
Active Share vs. MSCI World Index1
Total Equity Holdings
Quarterly Fund Fact Sheet
Quarterly Commentary/Shareholder Letter
Value Prospectus Supplement
Key Investor Information Documents – English
Key Investor Information Documents – French
Key Investor Information Documents – Swiss
Memorandum and Articles of Association
UCITS Funds Prospectus – English (Sep 2016)
UCITS Funds Prospectus Addendum– English
UCITS Funds Prospectus – French
UCITS Funds Prospectus Supplement – French
UCITS Funds Prospectus Supplement – Luxembourg
UCITS Funds Prospectus Supplement – UK
UCITS Funds Prospectus Supplement – German
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