Back to top

Image: Bigstock

3 Non-US Mutual Funds to Invest in for Spectacular Returns

Read MoreHide Full Article

Non-U.S. mutual funds provide excellent choices for those looking to diversify their investments across a wide range of countries, including emerging and developed markets. Thus, investing in non-U.S. mutual funds may prove more profitable 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 funds.

BNY Mellon Global Emerging Markets Fund - Class A (DGEAX - Free Report) aims for long-term capital appreciation. The non-diversified fund invests majority of assets in common stocks and other equity securities of companies that have their principal place of business, or majority of assets or business in emerging market countries. DGEAX has three-year annualized returns of 9.2%.

As of the end of October 2020, DGEAX held 45 issues with 5.93% of its assets invested in Samsung SDI Co Ltd.

American Funds New World Fund Class A (NEWFX - Free Report) aims for long-term capital appreciation. The fund invests in common stocks of companies with significant exposure to countries with developing economies and/or markets. NEWFX has three-annualized returns of 6.4%.

NEWFX has an expense ratio of 1.03% compared with the category average of 1.32%.

John Hancock Emerging Markets Equity Fund Class A (JEMQX - Free Report) aims for long-term capital growth. The fund invests majority of assets in equity and equity-related securities of emerging-market issuers. JEMQX has three-year annualized returns of 6.9%.

Kathryn L. Langridge is one of the fund managers of JEMQX since 2015.

To view the Zacks Rank and past performance of all non-U.S. mutual funds, investors can click here to see the complete list of funds.

Want key mutual fund info delivered straight to your inbox?

Zacks’ free Fund Newsletter will brief you on top news and analysis, as well as top-performing mutual funds, each week. Get it free >>

Published in