Top 5 Zacks#1 Ranked Global Mutual Funds - Best of Funds
December 13 2012 - 10:47AM
Zacks
Investors can no longer ignore the attractions of global equity
markets and limit themselves to domestic investments. Though U.S
equity markets retain their global significance, they no longer
command the importance which they did in the past. Research has
also shown that a prudent combination of foreign and domestic
investments provide better results and aid in reducing risk. With
their analytical prowess and expert management global mutual funds
provide investors with a unique opportunity to harness the
strengths of both local and international financial markets.
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.
DWS RREEF Global Infrastructure A (TOLLX) seeks total
return through capital growth as well as current income. It invests
heavily in securities of domestic and foreign companies related to
the infrastructure sector. The global mutual fund is a
non-diversified fund and has a one year annualized return of
16.53%.
The global mutual fund has a minimum initial investment of $
1,000 and an expense ratio of 1.50% compared to a category average
of 1.42%.
Dreyfus Global Equity Income A (DEQAX) invests a large
share of its assets in equity securities. It concentrates on
investing in companies from developed capital markets that pay
regular dividends. Not more than 30% of its assets are invested in
companies from emerging markets. The global mutual fund has a one
year annualized return of 12.98%.
As of October 2012, this global mutual fund held 73 issues, with
4.88% of its total assets invested in Reynolds American Inc.
Dodge & Cox Global Stock (DODWX) seeks income and
capital appreciation over the long term. It predominantly invests
in a wide range of equity securities. The fund invests in at least
minimum three countries. Not less than 40% of its assets are
invested in foreign securities. The global mutual fund has a one
year annualized return of 12.08%.
The fund manager is Diana A. Strandberg and he has managed this
global mutual fund since 2008.
Mutual Global Discovery A (TEDIX) invests a large share
of its assets in domestic and foreign equity securities. The fund
seeks to acquire securities which are attractively priced compared
to their underlying value. The global mutual fund has a one year
annualized return of 11.81%.
The global mutual fund has a minimum initial investment of
$1,000 and an expense ratio of 1.31% compared to a category average
of 1.42%.
Oppenheimer Global A (OPPAX) seeks capital growth. The
fund invests in a wide range of securities worldwide, which may
also include companies from emerging markets. The fund focuses on
investing in large and mid-cap firms and invests in minimum three
countries. The global mutual fund has a one year annualized return
of 8.24%.
The fund manager is Rajeev Bhaman and he has managed this global
mutual fund since 2004.
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
View All Zacks #1 Ranked Mutual Funds
(DEQAX): ETF Research Reports
(DODWX): ETF Research Reports
(OPPAX): ETF Research Reports
(TEDIX): ETF Research Reports
(TOLLX): ETF Research Reports
To read this article on Zacks.com click here.
Zacks Investment Research