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.
USAA World Growth
(USAWX) invests predominantly in domestic and foreign equity
securities. It may invest in securities from emerging markets and
also in various entities irrespective of their sizesThe global
mutual fund has a one year annualized return of 23.36%.
The global mutual fund has a minimum initial investment of
$3,000 and an expense ratio of 1.30% compared to a category
average of 1.37%.
Hartford Global Growth A
(HALAX) seeks capital appreciation. The fund invests a minimum of
65% of its assets in securities of both domestic and foreign
growth-oriented companies. It has no restrictions on the amount
to be invested in any single country. It may invest in emerging
market securities. The global mutual fund has a one year
annualized return of 22.90%.
As of December 2012, this global mutual fund held 146 issues,
with 2.37% of its total assets invested in Google, Inc. Class
A.
Templeton Global Opportunities A
(TEGOX) invests a minimum of 65% of its assets in securities of
both domestic and foreign companies. The fund invests in at least
minimum three countries. It may invest a maximum of 40% of its
assets in emerging market securities. The global mutual fund has
a one year annualized return of 22.27%.
The fund manager is Guang A. Yang and he has managed this
global mutual fund since 2000.
Wells Fargo Advantage Global Opportunities A
(EKGAX) seeks capital growth over the long term. It invests
heavily in equity securities of small and medium-sized companies.
These firms must have market capitalizations within the range of
the S&P Global MidSmall Cap Index. The global mutual fund has
a one year annualized return of 22.11%.
The global mutual fund has a minimum initial investment of $
1,000 and an expense ratio of 1.54% compared to a category
average of 1.37%.
Dodge & Cox Global Stock
(DODWX) invests in a wide range of equity securities. The fund
invests in at least three countries at a given point of time. Not
less than 40% of its assets are invested in foreign securities.
The global mutual fund has a one year annualized return of
21.03%.
The fund manager is Roger G. Kuo and he has managed this
global mutual fund since 2010.
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.
View All Zacks #1 Ranked Mutual Funds
(DODWX): ETF Research Reports
(EKGAX): ETF Research Reports
(HALAX): ETF Research Reports
(TEGOX): ETF Research Reports
(USAWX): ETF Research Reports
To read this article on Zacks.com click here.
Zacks Investment
Research