Zacks #1 Ranked Global Mutual Funds - Best of Funds

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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 .

RS Investors A (RSINX) invests mostly in stocks of companies that are believed to be undervalued. It primarily invests in domestic companies but may also invest a significant portion of its assets in non U.S. companies. The fund invests in companies of all market capitalization. The global mutual fund returned 19.8% over the last one year period.


Robert Harris is the fund manager and has managed this fund since 2014.

Guinness Atkinson Global Innovators (IWIRX) seeks capital appreciation over the long run. The fund invests in equity securities of companies that are believed to be poised for advances in technology, communications, globalism or innovative management fields. It invests in companies from developed stock markets across the world and in emerging economies in the Far East. The non-diversified global mutual fund returned 25.8% over the last one year period.

The fund has an expense ratio of 1.46% as compared to category average of 1.21%.

Dodge & Cox Global Stock (DODWX) invests in equities of mid to large cap companies from at least three countries. A minimum of 40% of assets are invested in foreign securities including those from emerging nations. It invests a lion's share of its assets in common stocks and preferred stocks or other securities related to them. The global mutual fund returned 20% over the last one year period.

Karol J. Marcin is the fund manager and has managed the fund since 2008.

T. Rowe Price Global Stock (PRGSX) seeks capital appreciation over the long run. It invests in prominent companies across the globe. The fund largely invests in diversified industries from the developed nations and also invests a small portion in emerging economies. The fund invests in a minimum of five countries including the U.S. A minimum of 40% of its assets are invested in companies outside the U.S. The global mutual fund returned 18.9% over the last one year period.

As of June 2014, this fund held 86 issues with 3.29% of its assets invested in Boeing Co.

Polaris Global Value (PGVFX) invests mostly in common stocks of companies irrespective of their market capitalization. The fund largely invests in domestic, international and emerging economies. The fund seeks capital appreciation over the long run. The global mutual fund returned 14.5% over the last one year period.

The fund has an expense ratio of 1.04% as compared to category average of 1.33%.

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
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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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