Investors may find non-U.S. mutual funds more attractive than those with significant domestic exposure. Moreover, non-U.S. mutual funds are excellent choices for those looking to diversify their investments across a wide range of foreign countries including both emerging and developed nations. Thus, investing in non-U.S. mutual funds may prove profitable.
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.
American Funds EuroPacific Growth Fund F-2 (AEPFX – Free Report) seeks appreciation of capital for the long run. AEPFX invests the lion’s share of its assets in common stocks with growth potential issued by companies based in Europe and the Pacific Basin. The fund may also invests in securities of companies based in emerging countries. American Funds EuroPacific Growth Fund F-2 has a one-year annualized return of 20.8%.
AEPFX has an expense ratio of 0.60% compared with the category average of 1.22%.
Fidelity Series Emerging Markets Fund F (FEMFX – Free Report) seeks growth of capital. FEMFX invests a bulk of its assets in common stocks of companies based in emerging markets. FEMFX allocates its investments in companies from various emerging markets. Fidelity Series Emerging Markets Fund F has a one-year annualized return of 25.2%.
As of May 2017, FEMFX held 260 issues, with 4.11% of its assets invested in Tencent Holdings Ltd.
DFA Emerging Markets Value R2 (DFEPX – Free Report) is a Feeder Portfolio that invests all its assets in the corresponding master fund (Dimensional Emerging Markets Value Fund). DFEPX seeks appreciation of capital for the long run. The fund invests heavily in emerging market securities that are considered Approved Markets securities. DFA Emerging Markets Value R2has a one-year annualized return of 26.5%.