Investors looking to diversify their investments across a wide range of foreign countries including both emerging and developed nations can consider non-U.S. mutual funds. These are excellent choices for those who prefer funds that invest in companies based in foreign markets to 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 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.
Oppenheimer International Small-Mid Company Y (OSMYX - Free Report) seeks capital growth by investing the majority of its assets in equity securities of small and mid-cap companies. OSMYX invests in those companies whose market cap is similar to those that are within the range of the MSCI All Country World (ACWI) ex-U.S. SMID Index. Oppenheimer International Small-Mid Company Y has three-year annualized returns of 11%.
OSMYX has an expense ratio of 1.13% compared with the category average of 1.38%.
Vanguard International Growth Investor (VWIGX - Free Report) seeks capital growth by investing in stocks of companies located outside the United States. These companies are expected to diversify its assets in countries across developed and emerging markets. Vanguard International Growth Investor has three-year annualized returns of 9.98%.
As of September 2018, VWIGX held 135 issues with 4.58% of its assets invested in Alibaba Group Holding Ltd ADR.
Royce International Premier Investment (RIPNX - Free Report) aims long-term capital growth by investing 80% of its net assets in equity securities of premiere companies. The fund invests at least 65% of its assets in equity securities of international businesses that are headquartered in a minimum of three different nations. Royce International Premier has three-year annualized returns of 8.94%.
Mark Rayner is a fund manager of RIPNX since 2014.
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 looking to diversify their investments across a wide range of foreign countries including both emerging and developed nations can consider non-U.S. mutual funds. These are excellent choices for those who prefer funds that invest in companies based in foreign markets to 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 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.
Oppenheimer International Small-Mid Company Y (OSMYX - Free Report) seeks capital growth by investing the majority of its assets in equity securities of small and mid-cap companies. OSMYX invests in those companies whose market cap is similar to those that are within the range of the MSCI All Country World (ACWI) ex-U.S. SMID Index. Oppenheimer International Small-Mid Company Y has three-year annualized returns of 11%.
OSMYX has an expense ratio of 1.13% compared with the category average of 1.38%.
Vanguard International Growth Investor (VWIGX - Free Report) seeks capital growth by investing in stocks of companies located outside the United States. These companies are expected to diversify its assets in countries across developed and emerging markets. Vanguard International Growth Investor has three-year annualized returns of 9.98%.
As of September 2018, VWIGX held 135 issues with 4.58% of its assets invested in Alibaba Group Holding Ltd ADR.
Royce International Premier Investment (RIPNX - Free Report) aims long-term capital growth by investing 80% of its net assets in equity securities of premiere companies. The fund invests at least 65% of its assets in equity securities of international businesses that are headquartered in a minimum of three different nations. Royce International Premier has three-year annualized returns of 8.94%.
Mark Rayner is a fund manager of RIPNX since 2014.
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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