6 Great World-Stock Funds
Excellent global funds work well in retirement and taxable accounts.
The world has gone global. Fund companies have torn down most regional breakdowns and instead have sector analysts who cross borders to get a better handle on their industries. Talk with a fund manager, and he will discuss the best companies with little regard to locale.
This is why world-stock funds make so much sense. The desire to keep things in tidy buckets is why some pass them up, however. American Funds is the one firm that has gathered a lot of assets in world stock but there are plenty of smaller world-stock funds. Here are six of the best.
Russel Kinnel has a position in the following securities mentioned above: DODFX. Find out about Morningstar’s editorial policies.