Investors can no longer ignore the attractions of global
equity markets and limit themselves to domestic investments.
Though U.S equity markets retain their global significance, they
no longer command the importance which they did in the past.
Research has also shown that a prudent combination of foreign and
domestic investments provide better results and aid in reducing
risk. With their analytical prowess and expert management global
mutual funds provide investors with a unique opportunity to
harness the strengths of both local and international financial
markets.
Below we will share with you 5 top rated global mutual funds.
Each has earned a
Zacks #1 Rank
(Strong Buy) as we expect these mutual funds to outperform their
peers in the future. To view the Zacks Rank and past performance
of all global funds, investors can
click here to see the complete list of funds.
GAMCO Global Growth AAA
(
GICPX
) seeks capital growth. The fund invests a minimum of 65% of its
assets in the securities of companies that are undervalued and
have the potential to grow. It invests in a minimum of three
countries at any given point. Not less than 40% of its assets are
invested in foreign securities. The global mutual fund has a one
year annualized return of 18.81%.
The global mutual fund has an expense ratio of 1.84% compared
to a category average of 1.37%.
USAA World Growth
(
USAWX
) invests predominantly in domestic and foreign equity
securities. It may invest in securities from emerging markets and
also in firms irrespective of their sizes. It concentrates on
acquiring securities of large-cap companies. The global mutual
fund has a one year annualized return of 18.29%.
As of August 2012, this global mutual fund held 98 issues,
with 3.11% of its total assets invested in Nestle SA
Hartford Global Growth A
(
HALAX
) seeks capital appreciation. The fund invests a minimum of 65%
of its assets in securities of both domestic and foreign
companies. It has no restrictions on the amount to be invested in
any single country. It may also invest in emerging market
securities. The global mutual fund has a one year annualized
return of 17.24%.
The fund manager is Matthew A. Hudson and he has managed this
global mutual fund since 2007.
Wells Fargo Advantage Global Opportunities A
(
EKGAX
) invests a large share of its assets in equity securities of
small and medium-sized companies. These firms must have market
capitalizations within the range of the S&P Global MidSmall
Cap Index. Generally, it invests in a minimum of three countries.
The global mutual fund has a one year annualized return of
15.90%.
The global mutual fund has an expense ratio of 1.54% compared
to a category average of 1.37%.
DWS RREEF Global Infrastructure A
(
TOLLX
) seeks total return. It invests the majority of its assets in
securities of both domestic and foreign companies related to the
infrastructure sector. The global mutual fund is a
non-diversified fund and has a one year annualized return of
15.81%.
The fund manager is Manoj H. Patel and he has managed this
global mutual fund since 2011.
To view the Zacks Rank and past performance of all global
mutual funds, investors can click here to see the complete list
of funds.
About Zacks Mutual Fund Rank
By applying the Zacks Rank to mutual funds, investors can find
funds that not only outpaced the market in the past but are also
expected to outperform going forward.
Learn more
about the
Zacks Mutual Fund Rank
View All Zacks #1 Ranked Mutual Funds
(EKGAX): ETF Research Reports
(GICPX): ETF Research Reports
(HALAX): ETF Research Reports
(TOLLX): ETF Research Reports
(USAWX): ETF Research Reports
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