International Equity Fund

For additional information regarding the Fund’s management, investment philosophy, and investment process, please download the product profile.

Objective

The Fund’s investment objective is to achieve long-term capital appreciation by investing in a diversified portfolio of equity securities of non-U.S. companies. Income is the Fund’s secondary objective.

Fund Focus

The Managers International Equity Fund ordinarily invests at least 80% of its assets in equity securities, with 65% of those assets in common and preferred stocks of companies domiciled outside the United States. Investments are primarily made in securities of issuers in developed countries; however, the Fund may also invest in developing countries and emerging markets. The Fund may invest in companies of any size. Additionally, the Fund may also invest in fixed income securities denominated in both foreign and domestic currencies, and may engage in currency hedging strategies.

The Managers International Equity Fund is designed to provide broad exposure to the world's non-U.S. equity markets. This is achieved by employing a number of investment managers, each with a different focus and approach to investing in international markets. The Fund is subadvised by a team of three institutional managers, each of which has a different focus and approach to investing: Alliance Bernstein L.P.; Lazard Asset Management LLC; and Martin Currie Inc.

Where This Mutual Fund May Fit As Part Of Your Asset Allocation

The Managers International Equity Fund may be appropriate for your overall investment allocation if you are:

  • Looking to gain exposure to non-U.S. equities
  • Seeking capital appreciation
  • Willing to accept short-term volatility of returns

Fund Facts

International Equity Fund
Investment Style Developed Markets International
Benchmark(s) MSCI EAFE®
Subadvisor(s) Alliance Bernstein L.P.; Lazard Asset Management, LLC; Martin Currie
Net Assets $126,807,851
Ticker MGITX
Cusip 561717406
Inception Date 12/31/1985
Minimum Investment
(Initial / Subsequent) 		$2,000 /
$100
Minimum IRA Investment
(Initial / Subsequent) 		$1,000 /
$100
Expense Ratio (Gross / Net) 1.65% / 1.48%
Maximum Sales Charges N/A
12b-1 fees N/A

Disclosure

Investors should carefully consider the Fund's investment objectives, risks, charges, and expenses before investing. For this and other information, please call 800.835.3879 or download a free prospectus. Read it carefully before investing or sending money.

The performance shown represents past performance and is not a guarantee of future results. Current performance may be lower or higher than quoted. The investment return and the principal value of an investment will fluctuate so that an investor’s shares, when redeemed, may be worth more or less than their original cost. From time to time the advisor has waived fees or reimbursed expenses, which may have resulted in higher returns. The listed returns and yields on the Fund are net of expenses. Unlike the Fund, the index listed is unmanaged, is not available for investment, and does not incur expenses.

A short term redemption fee of 2% will be charged on redemptions of Fund shares held for 60 days or less.

Annual expense ratio as of 05/01/2009. The Fund's Investment Manager has contractually agreed, through May 1, 2010, to limit Fund operating expenses. The net expense ratio reflects this limitation, while the gross expense ratio does not. Please refer to the Fund's prospectus for additional information on the Fund's expenses.

Downloadable Documents
Fund Pricing 03/19/10
NAV: $50.25
NAV $ Change: -$0.52
NAV % Change: -1.02%
YTD Return (as of 02/28/10)
- at NAV
- with Load -8.40%
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