Advertisement
UK markets open in 5 hours 20 minutes
  • NIKKEI 225

    37,688.87
    +60.39 (+0.16%)
     
  • HANG SENG

    17,336.20
    +51.66 (+0.30%)
     
  • CRUDE OIL

    83.76
    +0.19 (+0.23%)
     
  • GOLD FUTURES

    2,341.60
    -0.90 (-0.04%)
     
  • DOW

    38,085.80
    -375.12 (-0.98%)
     
  • Bitcoin GBP

    51,388.62
    -171.82 (-0.33%)
     
  • CMC Crypto 200

    1,382.77
    +0.20 (+0.01%)
     
  • NASDAQ Composite

    15,611.76
    -100.99 (-0.64%)
     
  • UK FTSE All Share

    4,387.94
    +13.88 (+0.32%)
     

3 Must-Have Non-US Mutual Funds for Your Portfolio

Non-U.S. mutual funds provide excellent choices for those looking to diversify their investments across a wide range of countries, including emerging and developed markets. Thus, investing in non-U.S. mutual funds may prove more profitable than those with significant domestic exposure.

Below we share with you three top-ranked non-U.S. mutual funds, viz., PGIM Jennison Emerging Markets Equity Opportunities Fund- Class R6 PDEQX, Vanguard International Growth Fund Investor Shares VWIGX and BlackRock International Fund of BlackRock Series, Inc. Investor A Shares MDILX. Each has earned a Zacks Mutual Fund Rank #1 (Strong Buy) or #2 (Buy) and is expected to outperform its peers in the future. Investors can click here to see the complete list of funds.

PGIM Jennison Emerging Markets Equity Opportunities Fund- Class R6 aims for long-term growth of capital. PDEQX mostly invests in the equity and equity-related securities of companies in emerging markets countries.

PGIM Jennison Emerging Markets Equity Opportunities Fund- Class R6 has three-year annualized returns of 30.7%. PDEQX sports a Zacks Mutual Fund Rank #1 and has an expense ratio of 0.98% compared with the category average of 1.23%.

ADVERTISEMENT

Vanguard International Growth Fund Investor Shares seeks to provide long-term capital growth to its investors. VWIGX invests the majority of assets in securities of companies outside the United States and carries a Zacks Mutual Fund Rank #2.

Vanguard International Growth Fund Investor Shares invests across all market capitalizations and has three-year annualized returns of 27.6%. James K. Anderson is the fund manager of VWIGX since 2003.

BlackRock International Fund of BlackRock Series, Inc. Investor A Shares aims for capital appreciation over the long term. MDILX invests the majority of its assets in stocks of companies located outside the United States. MDILX invests about three-fourth of its total assets in global equity securities of any market capitalization.

BlackRock International Fund of BlackRock Series, Inc. Investor A Shares has a three-year annualized return of 20.3% and sports a Zacks Mutual Fund Rank #1. As of the end of August 2021, MDILX held 42 issues with 4.6% of its assets invested in Sony Group Corp.

To view the Zacks Rank and past performance of all non-U.S. mutual funds, investors can click here to see the complete list of funds.

Want key mutual fund info delivered straight to your inbox?

Zacks’ free Fund Newsletter will brief you on top news and analysis, as well as top-performing mutual funds, each week. Get it free >>


Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report
 
Get Your Free (VWIGX): Fund Analysis Report
 
Get Your Free (PDEQX): Fund Analysis Report
 
Get Your Free (MDILX): Fund Analysis Report
 
To read this article on Zacks.com click here.
 
Zacks Investment Research
 
Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report