Long-term growth of capital
Timothy Plan’s International fund invests in foreign companies, through the use of ADRs (American Depositary Receipts), with the objective of increasing the capital investment over a longer period of time. Utilizing a growth strategy, the fund maintains a moderate level of risk by focusing on companies it believes to be poised for growth, with high earning potential, without regard to company size. Call 1.800.846.7526 or chat online if you need any assistance.
The Fund's objective is long-term growth of capital. The Fund seeks to achieve its objectives by investing in American Depository Receipts (ADRs) without regard to market capitalization. ADRs are receipts typically issued by a U.S. bank or trust company which evidence ownership of underlying securities issued by a foreign corporation.
Without regard to market capitalization and placing little or no emphasis on dividend income, and after considering the moral screens, the International Fund invests in the ADRs of companies the manager believes will have both revenue and a high probability for superior growth that exceed the economy as a whole. The manager allocates investments across countries and regions, considering the size of the market in each country and region relative to the size of the international market as a whole. The Fund purchases ADRs whether they are "sponsored" (S-ADR) or "unsponsored" (U-ADR). 12 S-ADRs are issued jointly by the issuer of the underlying security and a depository. U-ADRs are issued without participation of the issuer of the deposited security. Holders of U-ADRs generally bear all the costs of such facilities.