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
.
Manning & Napier World Opportunities A
(EXWAX) invests in companies worldwide, including companies from
the U.S. It primarily purchases common stocks but may also invest
in ADRs and dollar-denominated foreign securities. The global
mutual fund has a three year annualized return of 3.33%.
The global mutual fund has a minimum initial investment of
$2,000 and an expense ratio of 1.09% compared to a category average
of 1.29%.
Russell Global Equity A
(RGEAX) seeks capital appreciation over the long term. The fund
focuses on investing in companies with economic linkages to a
number of countries worldwide, as well as in the U.S. It focuses on
investing in large and mid-cap companies. The global mutual fund
has a three year annualized return of 7.06%.
Matthew Beardsley is the fund manager and he has managed this
global mutual fund since 2009.
T. Rowe Price Global Stock
(PRGSX) focuses on investing in common stock of prominent companies
worldwide. The fund invests across sectors, concentrating on firms
from mature markets. Between 30-40% of its assets are invested in
foreign companies. The global mutual fund has a three year
annualized return of 6.03%.
As of June 2012, this global mutual fund held 80 issues, with
5.68% of its total assets invested in Apple, Inc.
Artio Global Equity A
(BJGQX) seeks a high level of total return. The fund invests the
majority of its assets in companies worldwide. Under normal
circumstances, not less than 40% of its assets are invested in at
least three foreign countries. The global mutual fund has a three
year annualized return of 3.11%.
The global mutual fund has a minimum initial investment of
$1,000 and an expense ratio of 1.40% compared to a category average
of 1.41%.
ING Global Value Choice A
(NAWGX) invests at least 65% of its assets in different countries,
including the U.S. A large share of its assets is invested in
stocks, depository receipts, derivatives and convertible
securities. Not more than 25% of its assets are invested in
companies from emerging markets. The global mutual fund has a three
year annualized return of 5.11%.
Andrew J Thelen is the fund manager and he has managed this
global mutual fund since 2012.
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
(BJGQX): ETF Research Reports
(EXWAX): ETF Research Reports
(NAWGX): ETF Research Reports
(PRGSX): ETF Research Reports
(RGEAX): ETF Research Reports
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