Top 5 Global Mutual Funds - Best of Funds
12 January 2012 - 10:01PM
Zacks
The fortunes of U.S. equity markets continue to be a key
determinant of the health of the global economy. However, their
dominance has receded significantly over the years and a world of
exciting opportunities has emerged in global markets. Moreover,
research has shown that a portfolio with a combination of domestic
and foreign securities produces greater returns over the long term.
Global funds allow investors to hold an optimum combination of
international and domestic investments without incurring the costs
of holding such securities individually.
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.
Thornburg Global Opportunities A (THOAX) seeks capital
growth over the long term. The fund invests in a wide range of
equity securities worldwide. This includes common and preferred
stocks, real estate investment trusts and other equity trusts. The
global mutual fund has a five year annualized return of 2.1%.
The global mutual fund has a minimum initial investment of
$5,000 and an expense ratio of 1.48% compared to a category average
of 1.44%.
Artio Global Equity A (BJGQX) invests the majority of its
assets in companies worldwide. Under normal circumstances, not less
than 40% of its assets are invested in at least three foreign
countries. A maximum of 35% of its assets may be utilized to
purchase emerging market securities. The global mutual fund has a
three year annualized return of 10.04%.
Rudolph-Riad Younes is the fund manager and he has managed this
global mutual fund since 2004.
Oppenheimer Global Opportunities A (OPGIX) seeks capital
growth as well as current income. The fund invests in a wide range
of equity securities worldwide. The fund focuses on acquiring
stocks, but may also purchase debt securities. The global mutual
fund has a ten year annualized return of 8.53%.
As of November 2011, this global mutual fund held 100 issues,
with 5.24% of its total assets invested in Advanced Micro Devices
Inc.
MFS Global Growth A (MWOFX) invests in both domestic and
foreign securities, as well as emerging market securities. The fund
may invest a substantial part of its assets in a relatively small
number of countries. The global mutual fund returned 2.36% in the
last one year period.
The global mutual fund has a minimum initial investment of
$1,000 and an expense ratio of 1.53% compared to a category average
of 1.44%.
Ivy Cundill Global Value A (ICDAX) seeks capital growth.
The fund purchases both domestic and foreign equity securities. Not
more than 20% of its assets are invested in debt securities issued
by companies which have filed for bankruptcy or are likely to do so
shortly. The global mutual fund has a three year annualized return
of 8.15%.
The fund manager is James Thompson and he has managed this
global mutual fund since 2009.
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 http://www.zacks.com/funds.
View All Zacks #1 Ranked Mutual Funds
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