Top European Equity Funds

Today we are featuring top-performing "European" equity mutual funds, which primarily invest in equity securities of companies based in Europe.

Investors can find such funds by checking out the entire list of Zacks #1 Rank European Equity Funds.

3 Solid Samples

Henderson European Focus A (HFEAX), which was founded in August 2001, seeks long-term capital appreciation.

The fund normally invests at least 80% its net assets in equity securities of European companies. It invests in companies of any size and in "growth" stocks.

Unit holders have to make a minimum initial investment of $500 to enter this Zacks #1 Rank ("Strong Buy") fund. It has an expense ratio of 1.62%.

Stephen Peak has been lead manager of the fund since August 2001. He is a well known authority on Continental European Investment.

Eastern Europe Equity Fund A (VEEEX) seeks capital appreciation by investing in equity securities, such as common stocks and securities that are convertible into common stock.

The fund typically invests at least 80% of its assets in equity securities of companies located in Eastern Europe, or companies that conduct a significant portion of their business in the region. The fund offers dividends and capital gains annually.

Pascal Curtet has been lead manager of the fund since August 2008. Previously, he was managing a Russian and Eastern European Equity Fund at Banque Morval, a Geneva based private bank.

T. Rowe Price European Stock (PRESX) seeks long-term capital appreciation, with current income as a secondary consideration. It was founded in February 1990.

The fund invests in both small and large European companies, and offers dividends and capital gains annually in December.

The fund has an expense ratio of 1.14%. As of April 2009, it has a portfolio turnover of 78.4%. Dean Tenerelli has been lead manager of the fund since October 2005.

Discover Many More Funds

Learn more about the new Zacks Mutual Fund Rank and discover some of the best market-beating mutual funds by browsing our new mutual funds section. This part of Zacks.com offers a variety of tools, including mutual fund research, a new mutual fund screener, helpful answers to frequently asked questions and quick access to prospectuses and other information.

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.

Read the full analyst report on HFEAX

Read the full analyst report on VEEEX

Read the full analyst report on PRESX