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3 Top Global Mutual Funds to Add to Your Portfolio
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Markets set a fierce pace of gains in the first quarter, buoyed by a combination of economic strength, bullish earnings forecasts and optimism over the Trump administration’s policy initiatives. Moreover, the recent Fed rate hike indicated that the U.S. economy is back on growth track and set to witness stable improvement in the near future. Also, major regions including the Eurozone, China and Japan posted strong economic growth in last few months.
Following growth in some of the biggest economies of the world, investing in global mutual funds might help investors. These funds have the potential to offer secure and attractive investment opportunities. Additionally, several studies over the years have shown that a portfolio of both domestic and foreign securities help in reducing risk while enhancing returns.
Dodge & Cox Global Stock (DODWX - Free Report) seeks principal and income appreciation over the long term. DODWX invests in equities of mid to large cap companies from at least three countries. A minimum of 40% of the assets are invested in foreign securities including those from emerging nations. DODWX invests a large chunk of its assets in common and preferred stocks or other securities related to them. Dodge & Cox Global Stock returned 7.7% in the last three months.
DODWX has an expense ratio of 0.63% compared with the category average of 1.26%.
Northern Global Sustainability Index (NSRIX - Free Report) invests almost all its assets in equity securities of companies on the MSCI World ESG Index. The MSCI World ESG Index generally includes large-and mid-cap companies from developed markets like the United States, Canada, Europe, Asia-Pacific and the Middle East. Northern Global Sustainability Index returned 6% in the last three months.
Thomas O'Brien is the fund manager of NSRIX since 2008.
Fidelity Global Commodity Stock (FFGCX - Free Report) seeks appreciation of capital for the long run by investing in securities of companies based in different parts of the world. FFGCX invests a bulk of its assets in equity securities of energy, metals and agriculture companies. This non-diversified fund uses fundamental analysis of factors including each issuer’s financial status and industry position, as well as market and economic conditions to select investments.Fidelity Global Commodity Stockreturned 3.2% in the last three months.
As of February 2017, FFGCX held 157 issues, with 6.29% of its assets invested in Monsanto Co.
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3 Top Global Mutual Funds to Add to Your Portfolio
Markets set a fierce pace of gains in the first quarter, buoyed by a combination of economic strength, bullish earnings forecasts and optimism over the Trump administration’s policy initiatives. Moreover, the recent Fed rate hike indicated that the U.S. economy is back on growth track and set to witness stable improvement in the near future. Also, major regions including the Eurozone, China and Japan posted strong economic growth in last few months.
Following growth in some of the biggest economies of the world, investing in global mutual funds might help investors. These funds have the potential to offer secure and attractive investment opportunities. Additionally, several studies over the years have shown that a portfolio of both domestic and foreign securities help in reducing risk while enhancing returns.
Below we share with you three top-rated global mutual funds. Each has earned a Zacks Mutual Fund Rank #1 (Strong Buy) and is expected to outperform its peers in the future. Investors can click here to see the complete list of global funds.
Dodge & Cox Global Stock (DODWX - Free Report) seeks principal and income appreciation over the long term. DODWX invests in equities of mid to large cap companies from at least three countries. A minimum of 40% of the assets are invested in foreign securities including those from emerging nations. DODWX invests a large chunk of its assets in common and preferred stocks or other securities related to them. Dodge & Cox Global Stock returned 7.7% in the last three months.
DODWX has an expense ratio of 0.63% compared with the category average of 1.26%.
Northern Global Sustainability Index (NSRIX - Free Report) invests almost all its assets in equity securities of companies on the MSCI World ESG Index. The MSCI World ESG Index generally includes large-and mid-cap companies from developed markets like the United States, Canada, Europe, Asia-Pacific and the Middle East. Northern Global Sustainability Index returned 6% in the last three months.
Thomas O'Brien is the fund manager of NSRIX since 2008.
Fidelity Global Commodity Stock (FFGCX - Free Report) seeks appreciation of capital for the long run by investing in securities of companies based in different parts of the world. FFGCX invests a bulk of its assets in equity securities of energy, metals and agriculture companies. This non-diversified fund uses fundamental analysis of factors including each issuer’s financial status and industry position, as well as market and economic conditions to select investments.Fidelity Global Commodity Stockreturned 3.2% in the last three months.
As of February 2017, FFGCX held 157 issues, with 6.29% of its assets invested in Monsanto Co.
To view the Zacks Rank and past performance of all global mutual funds, investors can click here to see the complete list of global funds.
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