Today we are featuring top-performing “Global” equity mutual funds, which invest in equity securities of both U.S. and foreign companies.
Investors can find such funds by checking out the entire list of the Zacks #1 Rank Global Equity Funds.
3 Worldy Funds
Sierra Core Retirement A (SIRAX) seeks long-term total return. The fund also tries to protect capital by attempting to limit volatility and downside risk.
The fund invests primarily in a broadly diversified portfolio consisting of open-end and/or closed-end investment companies, including mutual funds and exchange-traded funds, collectively called Underlying Funds.
Unit holders have to make a minimum initial investment of $10,000 to enter this Zacks#1 Rank (“Strong Buy”) fund. The fund has outperformed the total returns of its benchmark index in the last 1-year period.
Templeton Income A (TINCX) seeks to generate current income while maintaining prospects for capital appreciation by investing in debt and equity securities worldwide.
The fund’s equity component is generally comprised of dividend-yielding stocks while its fixed income component consists both developed and developing country government and agency bonds and investment grade and less-than-investment grade corporate and emerging market debt securities.
Michael J. Hasenstab has been lead manager at the fund since its inception in July 2005. The fund distributes dividends on a quarterly basis.
Palantir Fund (PALIX) was incepted in April 2007. The investment seeks to provide long-term capital appreciation, with added focus on absolute return and the protection of capital during unfavorable market conditions.
Employing a multi-disciplined analytic and management strategy, the fund typically owns 25 to 40 U.S. and foreign securities of any capitalization. It uses long-term investment strategies, short- and long-term tactical allocations, and hedging strategies.
Linn Energy LLC (LINE), Annaly Capital Management Inc. (NLY) and AerCap Holdings N.V. (AER) are among the fund’s key holdings.
Discover Many More Funds
Learn more about the new Zacks Mutual Fund Rank and discover some of the best market-beating mutual funds by browsing our new mutual funds section. This part of Zacks.com offers a variety of tools, including mutual fund research, a new mutual fund screener, helpful answers to frequently asked questions and quick access to prospectuses and other information.
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.
