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 three top-ranked non-U.S. mutual funds. Each has earned a Zacks Mutual Fund Rank #1 (Strong Buy) and is expected to outperform peers in the future. Investors can click here to see the complete list of Non-US Mutual Funds.
TIAA-CREF Emerging Markets Equity Index Retirement (TEQSX - Free Report) seeks returns through appreciation of capital. TEQSX invests a bulk of its assets in a portfolio of emerging market equity securities that fall within the range of the MSCI Emerging Markets Index. TIAA-CREF Emerging Markets Equity Index Retirement has returned 13.4% over the last one-year period.
As of April 2018, TEQSX held 850 issues with 5.08% of its assets invested in Tencent Holdings Ltd.
Vanguard International Explorer Investor (VINEX - Free Report) invests primarily in equity securities of small-cap companies based in countries outside the United States that an advisor expects to offer capital growth potential. VINEX seeks growth of capital for the long run. The fund has multiple investment advisors. Vanguard International Explorer Investor has one-year annualized returns of 14.5%.
Simon H. Thomas has been one of the fund managers of VINEX since 2010.
T. Rowe Price Emerging Markets Stock (PRMSX - Free Report) seeks capital growth for the long run. The fund invests a large chunk of its assets in common stocks of companies that are based in emerging markets. PRMSX may invest in companies, regardless of their size. T. Rowe Price Emerging Markets Stock has returned 16.9% over the last one-year period.
PRMSX has an expense ratio of 1.23% compared with the category average of 1.26%.
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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