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4 Best-Rated Global Mutual Funds For Portfolio Diversification

Global mutual funds are excellent options for investors looking to widen exposure across countries. Central banks of major regions including the Eurozone, China and Japan opted for economic stimulus measures such as rate cuts and monetary easing to boost their respective economies. In this environment, these countries thus provide lucrative investment propositions. Meanwhile, the recent lift-off by the Fed indicated that the U.S. economy is on track to stable growth in the near term. Thus a portfolio having exposure to both domestic and foreign securities will likely help in reducing risk and enhancing returns. However, investors need to be careful while investing in these funds, given the heightened uncertainty. Below we share with you four top-rated global mutual funds. Each has earned a Zacks Mutual Fund Rank #1 (Strong Buy) and is expected to outperform its peers in the future. To view the Zacks Rank and past performance of all global mutual funds, investors can click here to see the complete list of global funds . The Fidelity Worldwide Fund (MUTF: FWWFX ) seeks capital appreciation. FWWFX primarily focuses on acquiring common stocks issued throughout the globe across a wide range of regions. FWWFX considers factors including economic conditions and financial strength before investing in a company. The Fidelity Worldwide fund returned 4.6% over the past three months. As of October 2015, FWWFX held 321 issues, with 2.93% of its assets invested in Alphabet Inc Class A. The American Funds New Perspective Fund (MUTF: ANWPX ) invests in securities of companies throughout the globe in order to take advantage of changes in factors including international trade patterns and economic relationships. ANWPX primarily focuses on acquiring common stocks of companies that have impressive growth prospects. ANWPX may also invest in companies that are expected to pay out dividend in the future to generate income. The American Funds New Perspective A fund returned 6.9% over the past three-month period. ANWPX has an expense ratio of 0.75% compared with the category average of 1.28%. The Polaris Global Value Fund (MUTF: PGVFX ) seeks growth of capital. PGVFX utilizes a value-oriented approach to invest in common stocks of both U.S. and non-U.S. companies, which also include firms from emerging nations. PGVFX defines emerging or developing markets as those which are not listed in the MSCI World Index. The Polaris Global Value fund returned 5.4% over the past three months. Bernard Horn, Jr. is one of the fund managers of PGVFX since 1998. The Harding Loevner Global Equity Portfolio (MUTF: HLMGX ) invests the lion’s share of its assets in securities including common and preferred stocks of companies located in both U.S. and foreign lands. HLMGX allocates its assets to a minimum of 15 countries, including emerging nations. HLMGX may also invest in Depositary Receipts. The Harding Loevner Global Equity Advisor fund returned 7% over the past three-month period. HLMGX has an expense ratio of 1.20% compared with the category average of 1.28%. Link to the original post on Zacks.com

MLP And Small Cap Growth: 2 ETFs To Watch On Outsized Volume

In the last trading session, the U.S. stocks ended slightly lower but booked solid gains for the shortened Christmas week. Among the top ETFs, investors saw the SPDR S&P 500 Trust ETF (NYSEARCA: SPY ) and the SPDR Dow Jones Industrial Average ETF (NYSEARCA: DIA ) lose 0.3% each and the PowerShares QQQ Trust ETF (NASDAQ: QQQ ) move lower by 0.02% on the day. Two more specialized ETFs are worth noting as both saw trading volume that was far outside of normal. In fact, both these funds experienced volume levels that were more than double their average for the most recent trading session. This could make these ETFs ones to watch out for in the days ahead to see if this trend of extra-interest continues: i Path S&P MLP ETN (NYSEARCA: IMLP ): Volume 6.01 times average This MLP ETF was under the microscope in the last trading session as around 717,000 shares moved hands. This compares with an average trading day of around 146,000 shares and came as IMLP gained 0.8% in the session. The movement can largely be blamed on the pre-Christmas rally in oil price following the better-than-expected inventory data and a bullish report from OPEC that can have a big impact on the MLP stocks like what we find in this ETF portfolio. IMLP was down 5.2% in the past one month. Vanguard Russell 2000 ETF (VTWO ): Volume 2.50 times average This small cap growth ETF was in focus in the last trading session as more than 138,000 shares moved hands compared with an average of roughly 57,000 shares a day. We also saw some price movement as VTWO gained 0.4% in the session. The big move was largely the result of the anticipation of a Santa Claus rally. In the past one-month period, VTWO was down 3.9% and has a Zacks ETF Rank of 2 or ‘Buy’ rating with a Medium risk outlook. Link to the original post on Zacks.com