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3 Non-U.S. Mutual Funds for Sparkling Returns

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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 to be profitable.

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.

Vanguard International Growth Fund Investor Shares (VWIGX - Free Report) seeks to provide long-term capital growth to its investors. The fund invests the majority of its assets in securities of companies located outside the United States. It invests across all market capitalizations. VWIGX has five-year annualized returns of 19.5%.

VWIGX has an expense ratio of 0.44% compared with the category average of 1.10%.

PGIM Jennison Emerging Markets Equity Opportunities Fund- Class R6 (PDEQX - Free Report) aims for long-term growth of capital. The fund mostly invests in the equity and equity-related securities of companies located in emerging markets countries. PDEQX has five-year annualized returns of 17.1%.

Mark B. Baribeau is the fund manager of PDEQX since 2014.

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 five-year annualized returns of 12.1%.

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

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.

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