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.
MainStay Epoch Global Equity Yield A
(
EPSPX
) invests in a wide range of equity securities issued by firms
across the globe, including domestic companies. The fund focuses on
investing in companies with a history of paying steady dividends,
irrespective of their size. This high yield mutual fund returned
5.7% over the last one year period.
The global mutual fund has a minimum initial investment of $250
and an expense ratio of 1.42% compared to a category average of
1.41%.
Hartford Global Real Asset A
(
HRLAX
) seeks total returns over the long term higher than inflation over
a business cycle. The fund invests in a wide range of inflation
related equity securities, bonds and commodity-linked instruments.
This high yield mutual fund returned -13.65% over the last one year
period.
The fund manager is Lindsay M. Politi and he has managed this
global mutual fund since 2010.
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. This high yield mutual fund
returned 4.84% over the last one year period.
As of July 2012, this global mutual fund held 54 issues, with
3.86% of its total assets invested in Wfa Cash Inv Mm Fund Par
3800.
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. This high yield
mutual fund returned -19.56% over the last one year period.
The fund manager is Andrew J Thelen and he has managed this
global mutual fund since 2012.
Virtus Global Infrastructure A (
PGUAX
) 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. A minimum of 25% of its assets
are utilized to purchase domestic securities. This high yield
mutual fund returned 11.44% over the last one year
period.
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 1.41%.
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
(EPSPX): ETF Research Reports
(EWEAX): ETF Research Reports
(HRLAX): ETF Research Reports
(NWGAX): ETF Research Reports
(PGUAX): ETF Research Reports
To read this article on Zacks.com click here.
Zacks Investment
Research