Non-U.S. mutual funds provide excellent choices for those looking to diversify their investment across a wide range of foreign countries, including both emerging and developed nations. Thus, investing in non-U.S. mutual funds may prove profitable and investors may find non-U.S. mutual funds more attractive than those with significant domestic exposure.
Below we share with you three top-ranked non-U.S. mutual funds. Each has earned a Zacks Mutual Fund Rank #1 (Strong Buy) and is expected to outperform peers in the future. Investors can click here to see the complete list of Non-US Mutual Funds .
Buffalo International FundBUFIX invests a bulk of its assets in equity securities issued by recognized companies that are economically tied to different countries all over the world, excluding the U.S. BUFIX may invest directly or indirectly in non-U.S. securities of developed as well as developing countries. The fund seeks capital growth for the long run. Buffalo International Fund has returned 7.7% in the past year.
As of June 2018, BUFIX held 86 issues, with 3.38% of its assets invested in Kering SA.
T. Rowe Price Japan PRJPX seeks capital appreciation in the long run by investing the majority of its assets in securities of companies based in Japan. PRJPX invests in various Japanese companies and industries, irrespective of their size. T. Rowe Price Japan has returned 16.3% over the past year.
Archibald A. Ciganer has been the find manager of PRJPX since 2013.
Vanguard International Growth Investor VWIGX invests predominantly in stocks of companies located outside the United States. These companies are expected to diversify their assets in countries across developed and emerging markets. Vanguard International Growth Investor has one-year annualized returns of 6.6%.
VWIGX has an expense ratio of 0.45% compared with the category average of 1.14%.
Investors can click here to see the complete list of Non-US funds to view their Zacks Rank and past performance.
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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 Nasdaq, Inc.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
