Top 5 Zacks #1 Ranked Pacific Mutual Funds - Best of Funds
Zacks #1 Ranked Pacific Mutual Funds
Mutual funds investing in the Pacific Basin region provide a truly unique investment opportunity. Among this region's inherent strengths are the world's most advanced technological capabilities and a burgeoning pool of savings. Fast growing potential markets are another unique feature of this part of the world. Tapping into the strengths of both mature and developing economies, these funds ensure that they hold highly diversified portfolios. Moreover, they offer lucrative growth opportunities, while ensuring safety of capital invested.
Below we will share with you 5 top rated Pacific mutual funds. Each has earned a Zacks #1 Rank (Strong Buy) as we expect these mutual funds to outperform its peers in the future. To view the Zacks Rank and past performance of all Pacific funds, investors can click here to see the complete list of funds.
Vanguard Pacific Stock Index ( VPACX ) invests almost all of its assets in common stocks which make up the MCSI Pacific Index. The fund follows a passive management approach and aims to track the performance of the index. The Pacific mutual fund has a three year annualized return of 13.08%.
The Pacific mutual fund has a minimum initial investment of $3,000 and an expense ratio of 0.26% compared to a category average of 1.42%.
Wells Fargo Advantage Asia Pacific ( SASPX ) seeks capital growth over the long term. The fund focuses on purchasing securities of companies which have the potential for superior earnings growth, sufficient financial resources and an efficient management team. The Pacific mutual fund has a three year annualized return of 17.45%.
Anthony L.T. Cragg is the fund manager and he has managed this Pacific mutual fund since 1993.
Allianz NACM Pacific Rim A ( PPRAX ) utilizes the majority of its assets to purchase equity securities of companies with economic linkages to Pacific Rim countries. The fund invests in emerging market countries and purchases securities of at least three Pacific region countries at any given time. The Pacific mutual fund has a three year annualized return of 9.48%.
As of January 2012, this Pacific mutual fund held 78 issues, with 3.95% of its total assets invested in Fanuc Ltd.
Invesco Asia Pacific Growth A ( ASIAX ) seeks capital growth. The fund invests a large share of its assets in companies from the Asia Pacific region, with the exception of Japan. The fund focuses on acquiring marketable equity securities but may also invest in derivatives. The Pacific mutual fund has a three year annualized return of 33.98%.
The Pacific mutual fund has a minimum initial investment of $1,000 and an expense ratio of 1.53% compared to a category average of 1.79%.
Guinness Atkinson Asia Pacific Dividend ( GAADX ) invests heavily in dividend generating equity securities issued by companies form the Asia Pacific region. Common and preferred stocks, related convertible securities, rights and warrants constitute its major investments. The fund invests in a minimum of four different countries. The Pacific mutual fund has a three year annualized return of 26.24%.
Edmund Harriss is the fund manager and he has managed this Pacific mutual fund since 2006.
To view the Zacks Rank and past performance of all Pacific 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.