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3 Strong Buy Non-US Mutual Funds to Consider

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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 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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