Top 5 Zacks#1 Ranked Global Mutual Funds - Best of Funds
08 Março 2012 - 11:15AM
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, investors
can click here to see the complete list of funds.
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 three year annualized return of
23.29%.
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 1.45%.
Manning & Napier World Opportunities A
(EXWAX) invests in companies worldwide, including companies from
the U.S. It primarily purchases common stocks but may also invest
in ADRs and dollar-denominated foreign securities. The global
mutual fund has a three year annualized return of 13.89%.
As of December 2011, this global mutual fund held 83 issues,
with 4.13% of its total assets invested in Lonza Group AG.
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 10.88%.
The fund manager is James Thompson and he has managed this
global mutual fund since 2009.
Virtus Global Infrastructure A (PGUAX) invests
a major portion of its assets in equity securities of
infrastructure companies. Investments are spread over three
countries, one of which is the US. The fund may also invest some
portion of its assets in non-infrastructure companies and
derivative instruments. The global mutual fund has a three year
annualized return of 14.67%.
The global mutual fund has a minimum initial investment of
$2,500 and an expense ratio of 1.34% compared to a category average
of 1.45%.
Wells Fargo Advantage Intrinsic World Equity A
(EWEAX) seeks capital growth over the long term. The fund invests
the majority of its assets in not less than three countries at the
same time, including the U.S., investing a maximum of 25% in a
single country. The global mutual fund has a three year annualized
return of 20.66%.
The fund manager is Jean-Baptiste Nadal and he has managed this
global mutual fund since 2011.
To view the Zacks Rank and past performance of all global mutual
funds, investors can click here to see the complete list of
funds.
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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