GoldK announced that it has added five funds from Thornburg Investment Management of Sante Fe, New Mexico to its retirement plan roster.
The new funds are:
- Thornburg Value Fund
- Thornburg International Value Fund
- Thornburg Core Growth Fund
- Thornburg Limited Term Income Fund
- Thornburg Limited Term US Government Fund
The equity funds seek to uncover companies with sound business fundamentals at a time when the market does not fully recognize their intrinsic value. The funds typically hold 40 to 50 stocks.
The bond funds seek to optimize the risk/reward tradeoff by laddering maturities and managing yield spreads.
Thornburg manages more than $5.2 billion for retail and institutional investors and is primarily known for its value equity style and its laddered bond portfolios.