Chicago, Illinois (PressExposure) November 10, 2008 -- Thomas White International Fund (NYSE: TWWDX) today announced that it has declared an income dividend of $0.2475 per share payable on October 29, 2008 to shareholders of record on October 28, 2008.
The International Fund did not have a capital gains distribution this year.
The Thomas White International Fund primarily invests in equity securities of companies located in the worldâs developed countries outside the U.S. Under normal market conditions, the Fund will invest in companies located in at least 10 countries outside of the U.S., and will invest less than 10% of its assets in U.S. companies. These stocks trade in the developed markets of Europe and Asia, and to a lesser extent in the emerging markets of Eastern Europe, the Middle East, Africa, Latin America, the Far East and the Indian Sub-Continent. Generally, equity investments will represent a diversified portfolio of predominantly larger companies. There may also be a portion of the International Fundâs assets invested in companies from emerging market conditions.
Thomas White, the advisor to the Fund, fully recognizes the inherent risk in equity investing and attempts to moderate the volatility of its Funds by holding a large number of undervalued securities that are diversified across all major industries.
In the International Fund, Thomas White attempts to moderate currency and political risk by stressing undervalued stocks and having investments in most of the 49 countries covered by the companyâs security analysts.
On April 9, 2008, The Thomas White International Fund was awarded the Lipper Fund Award for its 3 and 10-year record in the International Multi-Cap Value category. The top honors are awarded each year to funds which have excelled in delivering consistently strong risk-adjusted returns.
The Thomas White International Fund ranked #1 out of 89 funds in the International Multi-Cap Value category for the 3-year period ended December 31, 2007 and it ranked #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. 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.
As of September 30, 2008, the Thomas White International Fund ranked 27 out of 139 funds, 2 out of 85 funds, and 15 out of 48 funds in Lipper International Multi-Cap Value Funds category for the 1-, 5-, and 10-year periods respectively.
Past performance is no guarantee of future results. Investors should carefully consider the investment objectives, risks, charges and expenses of the Thomas White International Fund before investing. This and other important information is contained in the Fundâs prospectus, which can be obtained by calling the Thomas White Funds at (800) 811-0535 or by visiting the Fundâs website at http://www.thomaswhite.com. Investing in international 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.