Today we are featuring top-performing “Non-US” equity mutual funds, which primarily invest in equity securities of companies located outside the United States.
Investors can find such funds by checking out the entire list of the Zacks #1 Rank Non-US Equity Funds.
3 Great Examples
Oppenheimer Quest Internatl Val A (QIVAX) was incepted in July 1990. It seeks long-term capital appreciation.
The fund primarily invests in the common stocks of companies that are domiciled outside the U.S. or have their primary operations outside of the U.S. It is not required to invest a set percentage of its assets in any one country or region. The fund does not seek current income as part of its objective and may hold debt securities for their appreciation possibilities.
The fund distributes dividends and capital gains annually. It has an expense ratio of 1.56.
Dominic Freud has been lead manager of the fund since January 2005. Before joining OppenheimerFunds in 2003, where he is a vice president and portfolio manager, Freud was a partner at SLS Management
Templeton Foreign Smaller Co A (FINEX) seeks long-term capital growth. It was incepted in September 1991.
The fund invests at least 80% of its net assets in investments of smaller companies located outside the U.S., including emerging markets. In some emerging markets it invests in companies that qualify as smaller companies but that still are among the largest in the market.
Shareholders have to make a minimum initial investment of $1,000 to enter this Zacks #1 Rank (“Strong Buy”) fund. As of July 2009, it has a portfolio turnover of 13.82%.
Bradley Radin has been lead manager of the fund since September 2007. Radin is a Charted Financial Analyst and is a Senior Vice President and portfolio manager at Templeton.
RS Emerging Markets A (GBEMX) was incepted in May 1997. It seeks long-term capital appreciation.
The fund invests at least 80% of its assets in a diversified portfolio of common stocks and convertible securities issued by companies in emerging markets. It uses a bottom-up, stock driven approach to country and asset allocation, with the objective to select stocks that can sustain an above average growth rate and trade at a reasonable price.
The fund has an expense ratio of 1.69%. As of June 2009, it has a portfolio turnover of 60%.
Edward Hocknell has been lead manager of the fund since May 1997. Hocknell is a member of the Investment Policy Committee at Baillie Gifford and has been a partner with the firm since 1998.
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 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.
