Consulting Group International Equity Investment (TIEUX) a Zacks Rank #2 (Buy) was incepted in November 1991. TIEUX is managed by The Consulting Group, a division of Smith Barney Fund Management LLC. TIEUX seeks capital appreciation. TIEUX invests, under normal market conditions, at least 80% of its net assets in the equity securities of companies located outside the U.S. TIEUX focuses on companies located in developed markets, but may also invest a portion of its assets in securities of companies located in emerging markets. TIEUX intends to diversify its assets by investing primarily in securities of issuers located in at least three foreign countries.
This Non US - Equity product, as of the last filing, allocates their fund in two major groups; Foreign Stock and Small Value. Further, as of the last filing, Roche Holding (SIX:ROG) AG Dividend Right Cert., KDDI Corp and Vodafone Group PLC (LON:VOD) were the top holdings for TIEUX.
The Consulting Group International Equity Investment fund, managed by MorgStan, carries an expense ratio of 0.79%. Moreover, TIEUX requires a minimal initial investment of $100.
TIEUX has a history of positive total returns for over 10 years. Specifically, the fund’s returns over the 3, 5 year benchmarks; 3 year 1.27% and 5 year 3.69%. To see how this fund performed compared in its category, and other #1 and #2 Ranked Mutual Funds, please click here.
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Zacks Investment Research