Top 5 Zacks #1 Ranked Global Mutual Funds

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A portfolio consisting of both domestic and foreign stocks provides superior returns at comparatively lower risk compared to one which only holds domestic equities. Additionally, the primacy of US stock markets has declined steadily over time. This is why investors cannot continue to restrict themselves to investing in domestic securities alone. Global mutual funds are the best possible method to invest in this particular manner because they hold a wide variety of domestic and foreign securities, significantly lowering the associated risk.

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.

Tweedy, Browne Worldwide High Dividend Yield Value (TBHDX) invests the majority of its assets in domestic and foreign equity securities which provide appreciably high dividends. A minimum of 40%of the fund’s assets are utilized to acquire foreign securities. The global mutual fund has a three year annualized return of 16.2%.

The global mutual fund has a minimum initial investment of $2,500 and an expense ratio of 1.37% compared to a category average of 1.43%.

Templeton Global Opportunities A (TEGOX) seeks capital appreciation. At least 65% of the fund’s assets are invested in equity securities of companies worldwide. A maximum of 40% of the fund’s assets may be utilized to purchase emerging market securities. It may invest in companies of all sizes. The global mutual fund has a three year annualized return of 11.39%.

Guang A. Yang is the fund manager and he has managed this global mutual fund since 2000.

Dreyfus Worldwide Growth A (PGROX) invests a large share of its assets in domestic and foreign common stock. A minimum of 25% of its assets are invested in domestic companies and the same restriction applies to foreign firms. The global mutual fund has a three year annualized return of 20.78%.

As of April 2012, this global mutual fund held 44 issues, with 8.54% of its total assets invested in Philip Morris International, Inc.

JHancock3 Global Shareholder Yield A (JGYAX) seeks high income with a secondary objective of capital appreciation. The fund invests in equity securities of companies all over the world which pay out regular dividends. It may also invest in bonds and illiquid instruments. The global mutual fund has a three year annualized return of 17.31%.

The global mutual fund has a minimum initial investment of $2,500 and an expense ratio of 1.42% compared to a category average of 1.43%.

Wells Fargo Advantage Intrinsic World Equity A (EWEAX) invests the majority of its assets in not less than three countries at the same time, including the U.S. The fund invests a maximum of 25% of its assets in a single country. The global mutual fund has a three year annualized return of 20.36%.

Jean-Baptiste Nadal is the fund manager 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.

Read the analyst report on TBHDX

Read the analyst report on TEGOX

Read the analyst report on PGROX

Read the analyst report on JGYAX

Read the analyst report on EWEAX



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