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Trump's trade conflicts have \"a new self-reliance movement in countries, including our allies in Europe and countries in Asia,\" he said. \"They have to spend more money and that means more revenue and earnings.\" Burdett also pointed to the declining value for the dollar, which is part of the Trump administration's policy to create an easier environment for U.S. manufacturers to export their products.Those returns are net of expenses, which come to 1.28% of assets annually for the Class A shares and 0.90% for the Class I shares. The returns don't reflect any sales charges paid to purchase Class A shares. 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Thornburg International Equity ETF begins trading today and is managed by Lei Wang, CFA, and Matt Burdett. Thornburg International Growth ETF will start trading tomorrow, January 23, 2025, and is overseen by Sean Sun, CFA, and Nicholas Anderson, CFA. 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