Those who want exposure to international stocks of big companies can go for Foreign Large Blend funds. Such funds usually invest in a variety of big international stocks based in developed markets, such as Japan, Britain, France and Germany. They may or may not invest in U.S. stocks, and if they do, they usually invest less than 20% of their net assets in U.S. stocks. If you are also planning to invest in such funds, then detailed below are the top ten Foreign Large Blend funds.
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Top Ten Foreign Large Blend funds
We have used the past one-year return to rank the top ten Foreign Large Blend funds. We have referred to U.S. News for the return data. Following are the top ten Foreign Large Blend funds:
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Multi-Manager International Equity Strategies Fund (CMIEX, 63%)
CMIEX normally invests in equity securities of foreign companies. It has a net expense ratio of 0.98, while its total assets amount to $2.21 billion. CMIEX’s top three holdings are Volkswagen AG Participating Preferred, TSMC and MercadoLibre.
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Hartford Schroders International Stock Fund (SCVEX, 63%)
SCEVX usually invests in equity securities of companies located outside of the U.S. This fund has given a return of 12.55% in the last three years and 13.05% in the last five years. It has a net expense ratio of 1.11, while its total assets amount to $2.36 billion. SCEVX’s top three holdings are TSMC, Tencent and Alibaba.
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Dunham International Stock Fund (DAINX, 65%)
DAINX normally invests in the equities of companies that trade on the stock exchanges globally, including in emerging markets, in the OTC market or alternative trading venues. This fund has given a return of 8.41% in the last three years and 11.16% in the last five years. It has a net expense ratio of 1.96, while its total assets amount to $163.42 million. DAINX’s top three holdings are Samsung, TSMC ADR, and ASML Holding.
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PartnerSelect International Fund (MSILX, 65%)
MSILX usually invests in the securities of large-, mid-, and small-cap companies located outside of the U.S. It may also invest in emerging market companies. This fund has given a return of 5.03% in the last three years and 7.06% in the last five years. It has a net expense ratio of 1.15, while its total assets amount to $347.86 million. MSILX’s top three holdings are Vivendi SA, Informa PLC and EXOR NV.
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Morgan Stanley Institutional Fund, Inc. Active International Allocation Portfolio (MSIBX, 67%)
MSIBX, during normal times, invests at least 40% of its total assets in securities issued by companies outside of the U.S. It has given a return of 10.69% in the last three years and 11.48% in the last five years. It has a net expense ratio of 1.19, while its total assets amount to $238.68 million. MSIBX’s top three holdings are Sea Ltd ADR, First Quantum Minerals and Samsung.
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Invesco International Core Equity Fund (IBVAX, 67%)
IBVAX usually invests in equity securities, as well as in derivatives and other instruments with similar characteristics as securities, of foreign issuers. It has given a return of 6.85% in the last three years and 9.44% in the last five years. It has a net expense ratio of 1.12, while its total assets amount to $74.55 million. IBVAX’s top three holdings are Total SE, Enel SpA and Iberdrola SA.
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Thornburg Better World International Fund (TBWAX, 71%)
TBWAX normally invests in an array of foreign equity securities or their depositary receipts. It has given a return of 13.96% in the last three years and 13.56% in the last five years. It has a net expense ratio of 1.83, while its total assets amount to $213.61 million. TBWAX’s top three holdings are Thornburg Capital Management, ING Groep NV and Tencent Holdings.
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BlackRock International Fund (MDILX, 77%)
MDILX primarily invests in medium and large cap stocks of companies located outside of the U.S. It has given a return of 11.97% in the last three years and 13.27% in the last five years. It has a net expense ratio of 1.14, while its total assets amount to $1.32 billion. MDILX’s top three holdings are Fanuc, Blackrock Liquidity T-Fund Instl and Sony.
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ACR International Quality Return (IQR) Fund (IQRAX, 93%)
IQRAX mainly invests in equity securities of companies located outside of the U.S. It has given a return of 19.73% in the last three years. It has a net expense ratio of 1.35, while its total assets amount to $52.1 million. IQRAX’s top three holdings are Federated Hermes Treasury Obl Automated, Naked Wines PLC and Protector Forsikring ASA.
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Mercator International Opportunity Fund (MOOPX, 120%)
MOOPX usually invests in common stocks of companies domiciled in developed countries (excluding U.S.). It invests a minimum of 40% of its assets in the securities of such companies. It has a net expense ratio of 1.53, while its total assets amount to $39.21 million. MOOPX’s top three holdings are Aston Martin Lagonda, SLM Solutions and Future PLC.
