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.
DFA Emerging Markets Social Core Portfolio (DFESX - Free Report) invests a bulk of its assets in equity securities of companies based in emerging markets, which are explained in the prospectus as Approved Markets securities. DFESX seeks growth of capital for the long run. DFA Emerging Markets Social Core Portfolio has three-year annualized returns of 6.8%.
DFESX has an expense ratio of 0.57% compared with the category average of 1.37%.
Fidelity Emerging Markets (FEMKX - Free Report) invests a huge chunk of its assets in securities, including common stock of companies based in emerging markets. FEMKX seeks growth of capital. The fund uses fundamental analysis of companies before making investments. Fidelity Emerging Markets has three-year annualized returns of 9%.
Sammy Simnegar is one of the fund managers of FEMKX since 2012.
Vanguard International Growth Investor (VWIGX - Free Report) invests predominantly in stocks of companies located outside the United States. These companies are expected to diversify assets in countries across developed and emerging markets. Vanguard International Growth Investor has three-year annualized returns of 10.7%.
As of March 2018, VWIGX held 133 issues with 5.11% of its assets invested in Alibaba Group Holding Ltd ADR.
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 >>