3 non-U.S. Mutual funds you must have in your portfolio
Investors may find non-US mutual funds more attractive than those with significant national exposure. Additionally, non-US mutual funds are great choices for those looking to diversify their investments across a wide range of foreign countries, including emerging and developed countries. So investing in non-US mutual funds can pay off.
Below, we share with you three top-ranked non-U.S. Mutual funds. Each of them has achieved the # 1 Zacks mutual fund ranking (strong buy) and are expected to outperform their peers in the future. To view the Zacks Rankings and past performance of all non-U.S. Mutual funds, investors can click here to view the full list of non-U.S. Funds.
John Hancock Emerging Markets Equity Fund, Class A JEMQX aims for long-term capital growth. The fund invests the majority of its assets in equities and equity-linked securities of emerging market issuers. JEMQX has three-year annualized returns of 11.2%.
Kathryn L. Langridge has been the fund manager of JEMQX since 2015.
Vanguard International Growth Fund Investor Shares VWIGX seeks to provide long-term capital growth to its investors. The fund invests the majority of its assets in securities of companies located outside of the United States. It invests in all market capitalizations. VWIGX has three-year annualized returns of 20.5%.
VWIGX has an expense ratio of 0.44% compared to the category average of 1.06%.
BNY Mellon Global Emerging Markets Fund – Category A The DGEAX aims for long-term capital appreciation. The non-diversified fund invests the majority of its assets in common stocks and other equity securities of companies with their principal registered office, or the majority of assets or activities in emerging countries. DGEAX shows three-year annualized returns of 15.7%.
At the end of March 2021, DGEAX held 48 issues with 5.65% of its assets invested in Taiwan Semiconductor Manufacturing Co Ltd.
To view the Zacks Rankings and past performance of all non-U.S. Mutual funds, investors can click here to view the full fund list.
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