For Immediate Release
Chicago, IL – March 1, 2010 – Today Zacks.com features the Top 5 global
funds; Marsico Global (MGLBX), Manning & Napier Overseas (EXOSX), Dodge & Cox Global Stock (DODWX), Templeton Global Smaller Companies A (TEMGX) and Goldman Sachs BRIC A (GBRAX).
These global funds are given our highest rating; Zacks #1 Ranked Strong Buys. That means we expect these funds to outperform their peers in the future.
Zacks.com provides exclusive ratings on over 18,000 funds in 42 different categories. To learn more about Zacks Mutual Fund Rank, click here. http://at.zacks.com/?id=6760
Zacks #1 Ranked Global Funds
Marsico Global (MGLBX) seeks capital appreciation by investing in domestic and foreign companies which have the potential for long term growth. At least 40% of its assets are invested in securities of foreign companies or in those firms with significant international operations. This global fund returned 45.82% over the last one year period.
This global fund has a minimum initial investment of $2,500 and an expense ratio of 1.63% compared to a category average of 1.53%.
Manning & Napier Overseas (EXOSX) invests the majority of its assets in foreign securities. It may also consider purchasing ADRs and dollar denominated foreign securities. The global fund invests in securities of companies from both developed and emerging markets. It may invest up to 10% of its assets in any one country. It is a no-load fund.
The global fund returned 48.21% over the last one year period and has a five year annualized return of 7.16%.
Dodge & Cox Global Stock (DODWX) seeks both income and capital growth. It invests in a wide range of companies from different countries, including emerging markets. It focuses on purchasing securities issued by large and mid-cap companies. The global fund invests a significant portion of assets in foreign securities. The fund returned 63.58% in 2009.
Charles F. Pohl is the fund manager and has managed this global fund since 2008.
Templeton Global Smaller Companies A (TEMGX) invests a large share of its assets in small companies worldwide. A significant amount of its assets are used to purchase securities issued by smaller companies from emerging markets. This global fund has a ten year annualized return of 5.95%.
As of December 2009, this global fund held 90 issues, with 2.65% of its total assets invested in Tempur-Pedic International, Inc.
Goldman Sachs BRIC A (GBRAX) seeks capital growth by investing at least 80% of its assets in companies located in Brazil, Russia, India and China It also purchases securities of companies with significant interests in these markets. The global fund returned 95.72% over the last one year period.
The fund manager is Richard Flax and he has managed this global fund since 2006
About Zacks Mutual Fund Rank
The Zacks Mutual Fund Rank is a quantitative ratings system created by Len Zacks, a PHD in mathematics from MIT. The goal of the rank is simple; goal to help investors find the best mutual funds to beat the market.
To discover how the Zacks mutual fund rank works and to receive daily notifications on our fund rankings, click here:
http://at.zacks.com/?id=5855
About Zacks
Zacks.com is a property of Zacks Investment Research, Inc., which was formed in 1978 by Len Zacks. The company continually processes stock reports issued by 3,000 analysts from 150 brokerage firms. It monitors more than 200,000 earnings estimates, looking for changes.
Then when changes are discovered, they’re applied to help assign more than 4,400 stocks into five Zacks Rank categories: #1 Strong Buy, #2 Buy, #3 Hold, #4 Sell, and #5 Strong Sell. This proprietary stock picking system; the Zacks Rank, continues to outperform the market by nearly a 3 to 1 margin.
To discover all Zacks has to offer investors like yourself, then go to our home page at www.zacks.com
Follow us on Twitter: http://twitter.com/zacksresearch
Join us on Facebook: http://www.facebook.com/home.php#pages/Zacks-Investment-Research/57553657748?ref=ts
Zacks Investment Research is under common control with affiliated entities (including a broker-dealer and an investment adviser), which may engage in transactions involving the foregoing securities for the clients of such affiliates.
Disclaimer: Past performance does not guarantee future results. Investors should always research companies and securities before making any investments. Nothing herein should be construed as an offer or solicitation to buy or sell any security.
Contact: Jim Giaquinto
Company: Zacks.com
Phone: 312-265-9149
Email: pr@zacks.com
Visit: www.zacks.com
