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Buy These 3 Non-US Mutual Funds for Impressive Returns

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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.

Oppenheimer International Small-Mid Company Y (OSMYX - Free Report) seeks capital growth by investing the majority of its assets in equity securities of small and mid-cap companies. OSMYX invests in those companies whose market cap is similar to those that are within the range of the MSCI All Country World (ACWI) ex-U.S. SMID Index. Oppenheimer International Small-Mid Company Y has three-year annualized returns of 11%.

OSMYX has an expense ratio of 1.13% compared with the category average of 1.38%.

Vanguard International Growth Investor (VWIGX - Free Report) seeks capital growth by investing in stocks of companies located outside the United States. These companies are expected to diversify its assets in countries across developed and emerging markets. Vanguard International Growth Investor has three-year annualized returns of 9.98%.

As of September 2018, VWIGX held 135 issues with 4.58% of its assets invested in Alibaba Group Holding Ltd ADR.

Royce International Premier Investment (RIPNX - Free Report) aims long-term capital growth by investing 80% of its net assets in equity securities of premiere companies. The fund invests at least 65% of its assets in equity securities of international businesses that are headquartered in a minimum of three different nations. Royce International Premier has three-year annualized returns of 8.94%.

Mark Rayner is a fund manager of RIPNX since 2014.

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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