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Third Avenue International Value Instl Message Board

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  • tester66 tester66 Mar 26, 2008 12:23 PM Flag

    Good fund to get into

    I was skeptical at first after reading the prospectus and the manager's statement that his first concern is to not lose money during downturns. After all, every value manager says that, and not every value fund delivers. But because it was a good diversifier to my TBGVX, I got in, and damned if TAVIX isn't the best international fund of them all this year, having lost less in this recession than any other international fund. I'm dollar-cost averaging my way in so it becomes about 10 percent of my portfolio (with TBGVX at 20 percent).

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