August 10, 2012

Best Foreign Large Growth Stock Mutual Funds 2012

Some of the best foreign large growth stock mutual funds 2012 are Thornburg International Growth, Calamos International Growth, Scout International, etc. These top funds are being reviewed as well.

Top International Stock Funds

One of the international stock mutual fund sectors is foreign large growth stock mutual fund. These foreign large growth funds focus its investment on high growth stocks, mainly outside of the U.S. It may invest in Japan, Great Britain, France, Germany, Netherland, Switzerland, etc. It may also invest in emerging markets countries such as China, Brazil, India, etc.

Best Foreign Large Growth Stock Mutual Funds of 2012 are:
Best Foreign Large Growth Mutual Funds image
Best Foreign Large Growth Funds
  1. Calamos International Growth A (CIGRX)
  2. Scout International (UMBWX)
  3. Harding Loevner International Equity (HLMNX)
  4. USAA International (USIFX)
  5. Thornburg International Growth A (TIGAX)
  6. MFS International Growth A (MGRAX)
  7. Turner International Growth Inv (TICFX)
  8. Virtus Foreign Opportunities A (JVIAX)
  9. Fidelity International Growth (FIGFX)
  10. First Investors International A (FIINX)
updated on 8/9/2012

1. Calamos International Growth A (CIGRX)

Calamos International Growth fund invests majority of its assets in foreign companies stocks. It may invest in emerging markets companies, well-established companies, and unseasoned companies. It has a sales load of 4.75%. The current yield is 0%. The expense ratio is 1.49%. It has $792 million of assets.

MORE: Best International Large Cap Stock Mutual Funds

Ranked with 4 stars rating, this international stock fund has returned 12.84% over the past 3 year, and 1.18% over the past 5 year. The best 1 year total return was achieved in 2009 with 56.72%. The top 3 sectors are technology (34.51%), basic materials (15.78%), and healthcare (14.60%).

2. Scout International (UMBWX)

Scout International fund objective is to provide long-term capital growth and income. It invests mainly in stocks of established foreign companies. The total net assets are $7.5 billion. Its annual expense ratio is 0.94%. The annual portfolio turnover rate is 13%.

The 3 year beta risk is 0.97. This equity mutual fund is ranked with 4 stars and gold rating. The year to date return is 7.45%. The average 3 year return is 7.57%. As of June 2012, the top 4 sectors are financial services, industrials, consumer defensive, and consumer cyclical.

3. Harding Loevner International Equity (HLMNX)

This Harding Loevner International Equity fund utilizes its assets to purchase a portfolio of companies stocks based in developed markets outside the U.S and in emerging & frontier markets. It has $1.7 billion of total assets. The annual expense ratio is 1.25%. The investment style is large growth.

Previous: Best Foreign Small and Mid Cap Stock Mutual Funds

You can buy this mutual fund with $5,000 minimum initial investment. It can be purchased from 64 brokerages. The brokerages are JPMorgan, Raymond James, Schwab, TIAA-CREF NTF, etc. The other class of this fund is the institutional class (Ticker: HLMIX).

Ranked with 5 star rating, it has 3-year average return of 9.94%. The YTD return is 8.38%. The top 3 sectors are industrials, technology, and financial services.

4. USAA International (Ticker: USIFX)

USAA International fund invests mainly in equities of foreign companies. It may invest in emerging markets as well. Managed by Marcus L. Smith and Daniel Ling, it has 1.31% dividend yield. The expense ratio is 1.21% per year. If you are interested with domestic stock fund, you can check the domestic stock mutual fund list.

This foreign large growth mutual fund is ranked with 4 star and bronze rating. It opens to new investors. The top 3 stocks are Linde AG, Heineken N.V., and Nestle SA.

5. Thornburg International Growth A (TIGAX)

The investment aim of Thornburg International Growth fund is to achieve long term capital growth. It utilizes its assets to purchase common stocks of companies around the world. Tim Cunningham and Greg M Dunn are the fund managers since 2012. It was managed by Alex Motola before.

This foreign large growth fund is ranked with 5 star and neutral rating. Its 5 year annualized return is 1.92%. You can also buy other classes of this fund such as Class C (TIGCX) and Class I (TINGX). As of June 2012, the top 5 holdings are Domino’s Pizza Group Plc, Christian Hansen Holding AS, Baidu Inc ADR, Carnival Corp, and Telecity Group Plc.

Disclosure: No Position

Fund Performance
NoFund DescriptionTickerExpensesYTD1 Year3 Year5 Year10 Year
1Calamos International Growth ACIGRXAverage6.05-7.4212.841.18--
2Scout InternationalUMBWXBelow Average7.45-8.177.57-0.729.3
3Harding Loevner International EquityHLMNXAverage8.38-6.439.940.84--
4USAA InternationalUSIFXBelow Average6.94-7.987.76-1.088.69
5Thornburg International Growth ATIGAXBelow Average8.74-7.4915.571.92--
6MFS International Growth AMGRAXBelow Average8.09-6.48.7-0.419.5
7Turner International Growth InvTICFXAbove Average5.79-10.0312.850.34--
8Virtus Foreign Opportunities AJVIAXLow9.61.2612.020.0810.15
9Fidelity International GrowthFIGFXAverage10.12-2.8811.25----
10First Investors International AFIINXLow9.721.2811.67-0.22--
11Laudus International MarketMasters InvSWOIXAverage8.14-9.6810.39-1.659.81
12Fidelity CanadaFICDXAbove Average2.09-13.385.66-0.3613.33
13Oppenheimer International Growth AOIGAXAverage7.79-6.279.71-0.969.48
14Invesco International Growth AAIIEXLow6.92-68.76-1.339.15
15MassMutual Premier International Eq AMMIAXAverage7.24-7.089.23-1.588.55
16T. Rowe Price International Stock FdPRITXAbove Average6.83-8.537.69-1.777.15
17Vanguard International Growth InvVWIGXAverage6.79-11.136.95-2.238.31
18GAMCO International Growth AGAIGXAverage5.65-9.229.83-1.167.74
19Ivy International Growth AIVINXBelow Average7.5-6.199.15-1.817.27
20Waddell & Reed International Gr AUNCGXBelow Average7.66-6.249-0.477.34

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