A portfolio of low-cost index funds isn't a bad starting point for the average investor.
The mutual fund industry’s two indexing leaders have left different legacies.
It's just a matter of time before China A-shares enter emerging-markets indexes.
Although some prominent foreign-stock funds have closed, solid choices remain available for investors looking to globalize their portfolios, says Morningstar's Russ Kinnel.
Whether you prefer an active or an index approach, our analysts say these are the best of breed.
Vanguard Total International Stock, Harbor International, and Causeway International Value are good choices for investors light on international exposure.
Index funds are likely to add China A-Shares in the coming years.
But passive equity and alternative strategies continue to draw interest.
These index funds and ETFs provide a lot of diversification at a very low cost.
Several--but certainly not all--of Morningstar's top-rated managers are overweighting emerging-markets stocks.