There’s been a lot of interest lately in international mutual funds. I’m starting to see quite a few investment advisors and financial newsletter analysts telling their clients to go overseas to help dampen their exposure to US stocks and the US economy that is in the doldrums. Usually they recommend the BRICs and various international ETFs with international exposure. However, I recently came across this list of top international funds, and decided to do some analysis for you.
The following top funds, rated #1 by Zachs, show how they have typically performed when the US was in a recession or the expansion phase of the business cycle.
The five funds include:
Sentinel International Equity A (SWRLX)
Laudus International MarketMasters (SWOIX)
Fidelity International Discovery (FIGRX)
Scout International (UMBWX)
Artio International Equity A (BJBIX)
