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Total Emerging Markets Fund - C (TMGHX)

Total Emerging Markets Fund - C (TMGHX)
 ! This share class currently has a limited offering, please see prospectus for more details on the offering.
Overview Performance and Ratings Holdings and Details Management Dividends and Capital Gains Fees and Expenses Sales Resources
Richard Titherington
Richard Titherington| Managing Director Biography

Richard Titherington is the chief investment officer and is head of the Emerging Markets Equity Team. An employee since 1986, Richard transferred to the Pacific Regional Group in 1994. He was appointed as a managing director in April 2001 and appointed global head of the emerging markets business in December 2001. Prior to 1994, Richard was a U.S. and international pension fund manager, working in the UK until he transferred to Hong Kong in 1992. Before joining the firm, Richard spent two years as an analyst with UKPI in London. Richard obtained an M.A. in politics, philosophy and economics from Oxford University.

Education
  • M.A., Politics, Philosophy and Economics, Oxford University
Experience
  • Industry Experience, 31 Years
  • Firm Experience, 29 Years
  • Fund Experience, 4 Years
Other funds managed by Richard Titherington:
Pierre-Yves Bareau
Pierre-Yves Bareau| Managing Director Biography

Pierre-Yves Bareau, managing director, is the head of the Emerging Markets Debt team in the Global Fixed Income, Currency & Commodities (GFICC) group. In this role, Pierre-Yves is responsible for coordinating resources located in New York, London, Asia and Latin America. Prior to joining the firm in 2009, Pierre-Yves was at Fortis Investments for ten years, serving as the chief investment officer for Emerging Markets Fixed Income. At Fortis, Pierre-Yves oversaw teams based in London and Singapore, guided strategy decisions and managed a range of emerging markets mandates. Previously, he spent two years at FP Consult (France), an emerging markets bond and equity boutique, working as a portfolio manager. Pierre-Yves began his career in 1991 at BAREP Asset Management, a hedge fund boutique owned by Societe Generale, serving as an emerging markets portfolio manager. Pierre-Yves holds a graduate degree in finance and a master’s degree in management from the Groupe Ecole Supérieure de Commerce et de Management Tours-Poitiers (ESCEM) in France.

Experience
  • Industry Experience, 24 Years
  • Firm Experience, 6 Years
  • Fund Experience, 4 Years
Other funds managed by Pierre-Yves Bareau:
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Joanne Baxter| Executive Director Biography

Joanne Baxter, Executive Director, is a portfolio manager within the Emerging Markets Debt team in the Global Fixed Income, Currency & Commodities (GFICC) group. Based in London, she specializes in managing asset allocation and total return portfolios within EMD. Prior to joining the firm in 2010, Joanne served as a trader/ portfolio manager within the emerging markets debt team at Ashmore Group, specializing in CEEMEA credits. Previously, Joanne spent four years at Bank of America, working on the foreign exchange sales desk.

Education
  • B.A. (Hons) in economics and finance from the University of Exeter
Experience
  • Industry Experience, 11 Years
  • Firm Experience, 5 Years
  • Fund Experience, 1 Year
George Iwanicki Jr.
George Iwanicki| Managing Director Biography

George Iwanicki, Jr., is a portfolio manager and global macro strategist within the Global Emerging Markets Equity Team based in New York. An employee since 1992, he is responsible for all top-down EM strategy, including quantitative screening and Asset Allocation. Prior to that, he served several years as an economist, participating in a variety of strategy and asset allocation teams within Developed Market asset classes. Prior to joining the firm, he spent five years as an economist at Kidder, Peabody & Co., Inc. He holds a B.A. in mathematics and economics from the State University of New York and an A.B.D. (Master of Philosophy) in Economics specializing in macroeconomics, econometrics, and international trade and finance from Columbia University.

Education
  • B.A., the State University of New York
  • M.A., A.B.D., Economics, Columbia University
Experience
  • Industry Experience, 27 Years
  • Firm Experience, 23 Years
  • Fund Experience, 2 Years
Other funds managed by George Iwanicki:

The Fund's fixed income securities are subject to interest rate risk. If rates increase, the value of the Fund's investments generally declines.

The Fund may invest in futures contracts and derivatives. Many derivatives create leverage that can cause the Fund to be more volatile than it would be if it had not used derivatives.

The Fund may invest in securities that are below investment grade (i.e., "high yield" or "junk bonds") that are generally rated in the fifth or lower rating categories of Standard & Poor's and Moody's Investors Service. Although these securities tend to provide higher yields than higher-rated securities, there is a greater risk that the Fund's share price will decline.

International investing involves a greater degree of risk and increased volatility. Changes in currency exchange rates and differences in accounting and taxation policies outside the U.S. can raise or lower returns. Also, some overseas markets may not be as politically and economically stable as the United States and other nations. The Fund's investments in emerging markets could lead to more volatility in the value of the Fund's shares. As mentioned above, the normal risks of investing in foreign countries are heightened when investing in emerging markets. In addition, the small size of securities markets and the low trading volume may lead to a lack of liquidity, which leads to increased volatility. Also, emerging markets may not provide adequate legal protection for private or foreign investment or private property.

Under normal circumstances, the Fund invests at least 80% of the value of its Assets in equity and debt investments of emerging markets.

Asset allocation/diversification does not guarantee investment returns and does not eliminate the risk of loss.