A portfolio consisting of both domestic and foreign stocks
provides superior returns at comparatively lower risk compared to
one which only holds domestic equities. Additionally, the primacy
of US stock markets has declined steadily over time. This is why
investors cannot continue to restrict themselves to investing in
domestic securities alone. Global mutual funds are the best
possible method to invest in this particular manner because they
hold a wide variety of domestic and foreign securities,
significantly lowering the associated risk.
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
.
Tweedy, Browne Worldwide High Dividend Yield Value
(
TBHDX
) invests the majority of its assets in domestic and foreign equity
securities which provide appreciably high dividends. A minimum of
40%of the fund's assets are utilized to acquire foreign securities.
The global mutual fund has a three year annualized return of
16.2%.
The global mutual fund has a minimum initial investment of
$2,500 and an expense ratio of 1.37% compared to a category average
of 1.43%.
Templeton Global Opportunities A
(
TEGOX
) seeks capital appreciation. At least 65% of the fund's assets are
invested in equity securities of companies worldwide. A maximum of
40% of the fund's assets may be utilized to purchase emerging
market securities. It may invest in companies of all sizes. The
global mutual fund has a three year annualized return of
11.39%.
Guang A. Yang is the fund manager and he has managed this global
mutual fund since 2000.
Dreyfus Worldwide Growth A
(
PGROX
) invests a large share of its assets in domestic and foreign
common stock. A minimum of 25% of its assets are invested in
domestic companies and the same restriction applies to foreign
firms. The global mutual fund has a three year annualized return of
20.78%.
As of April 2012, this global mutual fund held 44 issues, with
8.54% of its total assets invested in Philip Morris International,
Inc.
JHancock3 Global Shareholder Yield A
(
JGYAX
) seeks high income with a secondary objective of capital
appreciation. The fund invests in equity securities of companies
all over the world which pay out regular dividends. It may also
invest in bonds and illiquid instruments. The global mutual fund
has a three year annualized return of 17.31%.
The global mutual fund has a minimum initial investment of
$2,500 and an expense ratio of 1.42% compared to a category average
of 1.43%.
Wells Fargo Advantage Intrinsic World Equity A
(
EWEAX
) invests the majority of its assets in not less than three
countries at the same time, including the U.S. The fund invests a
maximum of 25% of its assets in a single country. The global mutual
fund has a three year annualized return of 20.36%.
Jean-Baptiste Nadal is the fund manager 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 at
http://www.zacks.com/funds
.
View All Zacks #1 Ranked Mutual Funds
(EWEAX): ETF Research Reports
(JGYAX): ETF Research Reports
(PGROX): ETF Research Reports
(TBHDX): ETF Research Reports
(TEGOX): ETF Research Reports
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