The fortunes of U.S. equity markets continue to be a key
determinant of the health of the global economy. However, their
dominance has receded significantly over the years and a world of
exciting opportunities has emerged in global markets. Moreover,
research has shown that a portfolio with a combination of domestic
and foreign securities produces greater returns over the long term.
Global funds allow investors to hold an optimum combination of
international and domestic investments without incurring the costs
of holding such securities individually.
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
.
Invesco Global Core Equity A
(
AWSAX
) invests the majority of its assets in domestic and foreign equity
securities. The fund focuses on investing in companies that are
undervalued relative to their potential or current earnings or the
market value of their assets. The global mutual fund has a three
year annualized return of 3.01 %.
The global mutual fund has a minimum initial investment of
$1,000 and an expense ratio of 1.26% compared to a category average
of 1.43%.
Virtus Global Infrastructure A
(
PGUAX
) seeks current income and capital growth. The fund invests a major
portion of its assets in equity securities of infrastructure
companies. Investments are spread over three countries, one of
which is the US. The global mutual fund has a three year annualized
return of 13%.
As of May 2012, this global mutual fund held 53 issues, with
7.73% of its total assets invested in Enbridge, Inc.
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
10.11%.
Robert Q. Wyckoff, Jr. is the fund manager and he has managed
this global mutual fund since 2007.
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 3.66%.
The global mutual fund has a minimum initial investment of
$1,000 and an expense ratio of 1.33% 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 12.3%.
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
(AWSAX): ETF Research Reports
(EWEAX): ETF Research Reports
(PGUAX): ETF Research Reports
(TBHDX): ETF Research Reports
(TEGOX): ETF Research Reports
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