Zacks #1 Ranked Global Mutual Funds - Best of Funds

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Over the years, studies have consistently shown that investing in both domestic equities and foreign stocks reduces portfolio risk while enhancing returns. In addition, the primacy of the US equity markets has greatly diminished with its share of global stock market capitalization declining steadily. This is why investors can no longer limit themselves to domestic investments. By holding widely diversified portfolios selected after careful research, global mutual funds offer a secure an attractive opportunity for investors looking at this category.

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.

Oppenheimer Global Value A (GLVAX) seeks capital growth. It invests in securities of both domestic and foreign companies that are considered to be undervalued. It invests in companies irrespective of their locations and market capitalization. The global mutual fund returned 18.58% over the last one year period.

The fund has an expense ratio of 1.34% as compared to category average of 1.35%.

Henderson Global Equity Income A (HFQAX) invests a lion's share of its assets in domestic and foreign securities that generate income. The fund invests in a minimum of three countries. It invests a maximum of 25% of its assets in firms of emerging economy. The global mutual fund returned 13.86% over the last one year period.

Alex Crooke is the fund manager and has managed the fund since 2006.

Aberdeen Global Equity A (GLLAX) seeks capital appreciation over the long run. Majority of its assets are invested in companies having presence across the globe and irrespective of their market capitalization. It invests in companies from a minimum of three countries and may also invest in emerging economies. The global mutual fund returned 8.71% over the last one year period.

As of March 2014, this fund held 49 issues with 4.35% of its assets invested in Roche Holding AG.

Polaris Global Value (PGVFX) invests in global companies irrespective of their market cap. This also includes companies from emerging and developing nations. The fund focuses on investing in 15 different industries so that it has a well diversified portfolio. The global mutual fund returned 25.55% over the last one year period.

The fund has an expense ratio of 1.04% as compared to category average of 1.35%.

Fidelity Series All-Sector Equity (FSAEX) seeks capital growth. It invests largely in equity securities of both U.S. and non-U.S. companies. It invests in growth and/or value stocks of companies depending on factors such as financial, economic and market conditions. The global mutual fund returned 22.41% over the last one year period.

Jonathan W. Kasen is the fund manager and has managed the fund since 2013.

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.


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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of The NASDAQ OMX Group, Inc.




This article appears in: Investing , Mutual Funds


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