Investors may find non-U.S. mutual funds more attractive than those with significant domestic exposure. Moreover, non-U.S. mutual funds are excellent choices for those looking to diversify their investments across a wide range of foreign countries including both emerging and developed nations. Thus, investing in non-U.S. mutual funds may prove profitable.
Below we share with you three top-rated non-U.S. mutual funds. Each has earned a Zacks Mutual Fund Rank #1(Strong Buy) and is expected to outperform its peers in the future. 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 Non-US funds.
Oakmark International Investor (OAKIX - Free Report) seeks long-term growth of capital. OAKIX invests a bulk of its assets in a portfolio of common stocks of companies which are based outside the U.S. It may invest in markets overseas, including emerging markets. Oakmark International Investor has a one-year annualized return of 16.8%.
OAKIX has an expense ratio of 1.00% compared with the category average of 1.16%.
MassMutual Select Overseas I (MOSZX - Free Report) invests the lion’s share of its assets in stocks of non-U.S. companies, including those located in Europe, Latin America and Asia. MOSZX seeks capital appreciation for the long run. MassMutual Select Overseas I has a one-year annualized return of 8.9%.
Jeroen Huysinga is one of the fund managers of MOSZX since 2011.
Ivy Managed International Opportunities I (IVTIX - Free Report) seeks capital appreciation. IVTIX invests heavily in Class I shares of certain Ivy Funds global mutual funds. It indirectly holds equity securities of international and emerging markets by owning shares of the underlying funds. Ivy Managed International Opportunities I has a one-year annualized return of 8.9%.
As of December 2016, IVTIX held six issues, with 39.82% of its assets invested in Ivy International Core Equity I.
To view the Zacks Rank and past performance of all Non-US mutual funds, investors can click here to see the complete list of Non-US funds.
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Zacks Names "Single Best Pick to Double"
From thousands of stocks, 5 Zacks experts each have chosen their favorite to skyrocket +100% or more in months to come. From those 5, Director of Research Sheraz Mian hand-picks one to have the most explosive upside of all.
It’s a little-known chemical company that’s up 65% over last year, yet still dirt cheap. With unrelenting demand, soaring 2022 earnings estimates, and $1.5 billion for repurchasing shares, retail investors could jump in at any time.
This company could rival or surpass other recent Zacks’ Stocks Set to Double like Boston Beer Company which shot up +143.0% in little more than 9 months and NVIDIA which boomed +175.9% in one year.
Free: See Our Top Stock and 4 Runners Up >>
Investors may find non-U.S. mutual funds more attractive than those with significant domestic exposure. Moreover, non-U.S. mutual funds are excellent choices for those looking to diversify their investments across a wide range of foreign countries including both emerging and developed nations. Thus, investing in non-U.S. mutual funds may prove profitable.
Below we share with you three top-rated non-U.S. mutual funds. Each has earned a Zacks Mutual Fund Rank #1(Strong Buy) and is expected to outperform its peers in the future. 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 Non-US funds.
Oakmark International Investor (OAKIX - Free Report) seeks long-term growth of capital. OAKIX invests a bulk of its assets in a portfolio of common stocks of companies which are based outside the U.S. It may invest in markets overseas, including emerging markets. Oakmark International Investor has a one-year annualized return of 16.8%.
OAKIX has an expense ratio of 1.00% compared with the category average of 1.16%.
MassMutual Select Overseas I (MOSZX - Free Report) invests the lion’s share of its assets in stocks of non-U.S. companies, including those located in Europe, Latin America and Asia. MOSZX seeks capital appreciation for the long run. MassMutual Select Overseas I has a one-year annualized return of 8.9%.
Jeroen Huysinga is one of the fund managers of MOSZX since 2011.
Ivy Managed International Opportunities I (IVTIX - Free Report) seeks capital appreciation. IVTIX invests heavily in Class I shares of certain Ivy Funds global mutual funds. It indirectly holds equity securities of international and emerging markets by owning shares of the underlying funds. Ivy Managed International Opportunities I has a one-year annualized return of 8.9%.
As of December 2016, IVTIX held six issues, with 39.82% of its assets invested in Ivy International Core Equity I.
To view the Zacks Rank and past performance of all Non-US mutual funds, investors can click here to see the complete list of Non-US 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 >>
Zacks Names "Single Best Pick to Double"
From thousands of stocks, 5 Zacks experts each have chosen their favorite to skyrocket +100% or more in months to come. From those 5, Director of Research Sheraz Mian hand-picks one to have the most explosive upside of all.
It’s a little-known chemical company that’s up 65% over last year, yet still dirt cheap. With unrelenting demand, soaring 2022 earnings estimates, and $1.5 billion for repurchasing shares, retail investors could jump in at any time.
This company could rival or surpass other recent Zacks’ Stocks Set to Double like Boston Beer Company which shot up +143.0% in little more than 9 months and NVIDIA which boomed +175.9% in one year.
Free: See Our Top Stock and 4 Runners Up >>
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