The key benefit that global mutual funds provide is
diversification since they invest in overseas markets while also
holding domestic equities. Thus, they make good additions to a
portfolio weighted in favor of domestic investments. The tepid
economic climate in mature markets such as Europe and the US has
led global fund managers to look for better opportunities in
emerging markets which may also imply dealing with greater
volatility However, it has been observed over the years that a
judicious combination of foreign and domestic investments generate
better returns at lower levels of 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
.
Nuveen Tradewinds Global All-Cap A
(
NWGAX
) seeks capital appreciation. The fund invests 40% to 75% of its
assets in foreign equity securities. Not more than 35% of its
assets are invested in a single foreign nation. The global mutual
fund has a three year annualized return of 7.03%.
Andrew J Thelen is the fund manager and he has managed this
global mutual fund since 2012.
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
12.37%.
As of May 2012, this global mutual fund held 53 issues, with
7.73% of its total assets invested in Enbridge, Inc.
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 5.88%.
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 1.42%.
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 14.38%.
Jean-Baptiste Nadal is the fund manager and he has managed this
global mutual fund since 2011.
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 14.51%.
The global mutual fund has a minimum initial investment of
$2,500 and an expense ratio of 1.34% compared to a category average
of 1.42%.
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
(NWGAX): ETF Research Reports
(PGUAX): ETF Research Reports
(TBHDX): ETF Research Reports
(TEGOX): ETF Research Reports
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