Hot Foreign Mutual Funds
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Created by John Foreman
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Date updated:06-12-2007

BusinessWeek Magazine

Though global investing is hot, finding a solid foreign mutual fund is difficult. BusinessWeek has an "A" rating on 16 diversifed funds. Here are 5 of the 16 funds that still stand to reward shareholders with more profit:

For more sizzling funds see BusinessWeek.com

symbol name last price % change open
  • +
  • ACINX
    Columbia Acorn In
  • $33.99
  • +1.22%
  • $N/A

Columbia Acorn International Fund Z 5-Yr. Avg. Annual Total Return: 22.2% Expense Ratio: 0.94% Managers Zach Egan and Louis Mendes are long term investors who search the globe for high growth rates and strong balance sheets. Their 4.8 billion portfolio contains a bundle of 189 diverse stocks.

People owning ACINX also tend to own: JAGIXJAOSXJARFXJSVAXKAUFXOSMAXPISRX

TheStreet.com Rating: No Rating What is this?

  • +
  • PISRX
    Forward Internati
  • $12.32
  • +0.98%
  • $N/A

Forward International Small Company 5-Yr. Avg. Annual Total Return: 25% Expense Ratio: 1.60% Pictet, a Swiss asset manager, has more than 42% of the $300 million portfolio in European Companies.

People owning PISRX also tend to own: ACIADVDXARTKXASX.VBPTRXBTUCCJ

TheStreet.com Rating: No Rating What is this?

  • +
  • JAOSX
    Janus Overseas Fu
  • $41.38
  • +0.95%
  • $N/A

Janus Overseas Fund 5-Yr. Avg. Annual Total Return: 22% Expense Ratio: 0.91% Manager Brent Lynn concentrates on fast growing companies, with a current focus on Hong Kong, Brazil, India, and Japan. The $7.9 billion fund has a balanced mix of large, mid and small companies. Also, its low expense ratio makes it the cheapest foreign fund to own

People owning JAOSX also tend to own: ALUAMSWAEXCGNWHPQMETMSFT

TheStreet.com Rating: No Rating What is this?

  • +
  • OSMAX
    Oppenheimer Inter
  • $20.04
  • +2.40%
  • $N/A

Oppenheimer International Small Company 5-Yr. Avg. Annual Total Return: 31% Expense Ratio: 1.20% Seeing as nearly 40% of the $2.6 billion fund is invested in Canadian energy and mining stocks, the mutual fund focuses on investments in Asia and Canada, leaving little room for European stocks- merely 15%. Manager Rohit Sah likes young companies that have gone public within the past five years. One drawback for little investors: required minimum investment of $50,000

People owning OSMAX also tend to own: ODMAXSIEIXACGIXCAGFRBSXJNJKO

TheStreet.com Rating: No Rating What is this?

  • +
  • PRIDX
    T. Rowe Price Int
  • $37.80
  • +0.99%
  • $N/A

T. Rowe Price International Discovery 5-Yr. Avg. Annual Total Return: 25.9% Expense Ratio: 1.24% Jim Thomson invests nearly half of his $2.7 billion growth fund in European companies, along with 25% allocated to companies in the Pacific Rim. Thomson like growth companies such as: Financial Technologies, an Indian outsourcer of specialty financial software; Austar Communications, an Australian satellite-television company; and SGL Carbon, a German manufacturer of carbon, graphite and composite materials

People owning PRIDX also tend to own: PRMSXUMESXURTLXVEUAXDBADBSDBV

TheStreet.com Rating: No Rating What is this?

 

Start Price

Return Value

Start Date

ACINX 44.73 -24.01% Jun 12th
PISRX 20.69 -40.45% Jun 12th
JAOSX 52.05 -20.50% Jun 12th
OSMAX 32.69 -38.70% Jun 12th
PRIDX 53.18 -28.92% Jun 12th

Average return:

-30.52%

Success rate:

0%

Tracking Started: 06-12-2007

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