Investors can no longer ignore the attractions of global equity markets and limit themselves to domestic investments. Though U.S equity markets retain their global significance, they no longer command the importance which they did in times past. Research has also shown that a prudent combination of foreign and domestic investments provide better results and aid in reducing risk. With their analytical prowess and expert management global mutual funds provide investors with a unique opportunity to tap into the strengths of local and international financial markets.
Below we will share with you 5 top rated global mutual funds. Each has earned a Zacks #1 Rank (Strong Buy) as we expect these mutual funds to outperform their peers in the future. To view the Zacks Rank and past performance of all global funds, then click here.
JHancock3 Global Shareholder Yield A (JGYAX - MF report) seeks high income with a secondary objective of capital appreciation. It invests in equity securities of dividend paying companies all over the world. The fund may also invest in bonds and illiquid instruments. The global mutual fund has a one year annualized return of 3.55%.
The global mutual fund has a minimum initial investment of $2,500 and an expense ratio of 1.55% compared to a category average of 1.46%.
Virtus Global Infrastructure A (PGUAX - MF report) invests a major portion of its assets in equity securities of infrastructure companies. Investments are spread over three countries, one of which is the US. The fund may also invest some portion of its assets in non-infrastructure companies and derivative instruments. The global mutual fund has a five year annualized return 10% a year.
The fund manager is Randle L. Smith and he has managed this global mutual fund since 2004.
Henderson Global Equity Income A (HFQAX - MF report) seeks to generate high current income. It may spread its portfolio across several countries and normally invests in at least three countries. Not more than 15% of its assets are invested in illiquid securities. The global mutual fund has a three year annualized return of 2.7%.
The global mutual fund has a minimum initial investment of $500 and an expense ratio of 1.32% compared to a category average of 1.46%.
Aberdeen Global Small Cap A (WVCCX - MF report) utilizes a large share of its assets to purchase equity securities of small companies worldwide. A minimum of 30% of its assets are invested in foreign companies. The global mutual fund has a ten year annualized return of 4.2%.
As of September 2011, this global mutual fund held 50 issues, with 5.52% of its total assets invested in Dr.Ci:Labo Co., Ltd.
Artisan Global Value Investor (ARTGX - MF report) seeks capital appreciation over the long term. The fund invests the majority of its assets in domestic and foreign equity securities. The fund seeks to acquire securities which are attractively priced compared to their underlying value. The global mutual fund returned 5.04% in the last three year period.
The fund manager is Daniel J. O'Keefe and he has managed this global mutual fund since 2007.
To view the Zacks Rank and past performance of all global mutual funds, then click here.
About Zacks Mutual Fund Rank
By applying the Zacks Rank to mutual funds, investors can find funds that not only outpaced the market in the past but are also expected to outperform going forward. Learn more about the Zacks Mutual Fund Rank at https://www.zacks.com/funds.