International Growth Fund
Actively managed developed international stock fund
As of its 2026 Q2 report, International Growth Fund held 106 positions with $2.25B in net assets. Its ten largest holdings made up 20.9% of the fund. The TWIEX share class costs 1.19% a year. Over the 12 months to May 2026, TWIEX returned 5.1%, with dividends reinvested. In 2026 Q2 it added 26 new positions and exited 20.
The fund seeks capital growth.
The fund invests in stocks of companies across at least three developed countries outside the United States, with possible exposure to emerging markets, selecting securities based on analysis of individual company fundamentals rather than macroeconomic forecasts. The portfolio managers seek companies whose earnings, revenues, or key business metrics are accelerating. Because returns depend on the portfolio managers' security selection decisions, fund performance may diverge from broad market returns.
What you own
| Company | Weight | Value | Shares | Reported price |
|---|---|---|---|---|
ASML Holding NV | 4.03% | $90.90M | 56.2K | $1,616.93 |
AstraZeneca PLC | 2.50% | $56.44M | 304.0K | $185.66 |
Schneider Electric SE | 2.20% | $49.63M | 158.0K | $314.08 |
Keyence Corp | 2.00% | $45.03M | 89.6K | $502.53 |
Sumitomo Mitsui Financial Group Inc | 1.84% | $41.52M | 1.1M | $36.47 |
British American Tobacco PLC | 1.73% | $39.01M | 630.5K | $61.88 |
Terumo Corp | 1.72% | $38.86M | 2.6M | $15.04 |
AIB Group PLC | 1.69% | $38.12M | 3.2M | $11.77 |
Ryohin Keikaku Co Ltd | 1.66% | $37.31M | 1.5M | $24.42 |
Eni SpA | 1.56% | $35.19M | 1.3M | $26.16 |
Reported price is the fund's own reported value divided by its own reported shares at 2026-05-31 — not a live quote, and not what the fund paid.
All 106 holdings, with the share counts as filed, open with a free account.
What the fund is made of
Percentages are of fund net assets. Rounding, liabilities and short positions can make totals differ from 100%.
| Stocks | 98.45% |
| Cash & short-term | 2.37% |
How it has done
TWIEX share class · total returns with dividends reinvested
Volatility over the last 12 months: 13.51%. Past returns are a record, not a forecast.
The 9 share classes hold the same portfolio
| Share class | Expense ratio | 1 year | 3 years | 5 years | Worst fall |
|---|---|---|---|---|---|
| 1.19% | +5.12% | +24.50% | +2.82% | -14.83% | |
| 1.44% | +4.83% | +23.61% | +1.54% | -14.93% | |
| 0.99% | +5.30% | +25.33% | +3.79% | -14.79% | |
| 2.19% | +4.12% | +20.88% | -2.16% | -15.06% | |
| 1.69% | +4.61% | +22.72% | +0.25% | -14.93% | |
| 0.84% | +5.46% | +25.84% | +4.58% | -14.76% | |
| 0.84% | +5.45% | +25.90% | +4.65% | -14.75% | |
| 0.99% | +5.29% | +25.31% | +3.85% | -14.78% | |
| 0.02% | +6.36% | +29.12% | — | -14.59% |
These classes hold the same portfolio, so the 8.24pp spread over 3 years is the cost difference between them — roughly 2.75pp a year — not a difference in what they own.
Fees & fund details
International Growth Fund is an actively managed developed international equity fund.
- Asset class
- Equity
- Region
- Developed international
- Management
- Actively managed
- Fund type
- Open-end fund
- Expense ratio, by class
- 0.02% – 2.19%· TWIEX 1.19%
- Portfolio turnover
- 65.00% a year · as of 2026 Q1
Net is what a holder pays after the adviser's contractual waiver; gross is before it. A waiver can expire.
Turnover is how much of the portfolio was replaced in a year.
Classified from what the fund holds, not from its name · 2026 Q2. The summary is a paraphrase of the prospectus; the objective is verbatim.
What changed this quarter
Positions that entered or left the fund since its previous filing. Positions that were only resized are not listed.
26 new· the largest 8
20 exited· the largest 8
Understand how this fund fits with the rest.
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