Non-U.S. mutual funds provide excellent choices for those looking to diversify their investment across a wide range of foreign countries, including both emerging and developed nations. Thus, investing in non-U.S. mutual funds may prove profitable and investors may find non-U.S. mutual funds more attractive than those with significant domestic exposure.
Below we share with you four 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. Investors can click here to see the complete list of Non-US Mutual Funds.
American Funds Europacific Growth Fund F1 (AEGFX - Free Report) seeks appreciation of capital for the long run. AEGFX invests the lion's share of its assets in common stocks of companies based in Europe and the Pacific Basin with potential for growth. The fund may also invest in common stocks and other securities issued by companies based in emerging markets. American Funds Europacific Growth Fund F1 has three-year annualized returns of 6.3%.
Jonathan Knowles is one of the fund managers of AEGFX since 2006.
Buffalo International Fund (BUFIX - Free Report) invests a bulk of its assets in equity securities issued by recognized companies that are economically tied to different countries all over the world excluding the U.S. BUFIX may invest directly or indirectly in non-U.S. securities of developed as well as developing countries. The fund seeks capital growth for the long run. Buffalo International Fund has three-year annualized returns of 7.9%.
As of June 2017, BUFIX held 78 issues, with 2.78% of its assets invested in Fresenius SE & Co KGaA.
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 in the long run. MassMutual Select Overseas I has three-year annualized returns of 5.3%.
Jeroen Huysinga is one of the fund managers of MOSZX since 2011.
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 based outside the U.S. It may invest in overseas markets, including the emerging ones. Oakmark International Investor has three-year annualized returns of 8.1%.
OAKIX has an expense ratio of 1.00% compared with the category average of 1.07%.
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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