Best Low Cost Mutual Funds
International stock mutual fund invests mainly in equities of foreign companies. It may invest in developed countries and emerging markets. Depending on the fund’s objective, it may invest in certain sector only. This mutual fund invests in countries such as Japan, German, UK, Spain, France, Brazil, Italy, China, Australia, and more.
These lowest cost five star mutual funds are sorted based on its expense ratio and top star rating. You can invest this mutual fund in your brokerage account and retirement account (Roth IRA, traditional IRA or 401k). These best mutual funds may provide high yield and high capital appreciation for investors.
Top lowest cost international equity mutual funds for 2014 are:
- American Funds New World HLS IB (HVWBX)
- DFA United Kingdom Small Company I (DFUKX)
- GMO International Growth Equity III (GMIGX)
- Hartford International Opportunities HLS IA (HIAOX)
- Mutual Quest Z (MQIFX)
- Lazard Intl Strategic Equity Institutional (LISIX)
- MainStay Epoch Global Equity Yield I (EPSYX)
- FPA Paramount (FPRAX)
- Franklin Intl Small Cap Growth Adv (FKSCX)
- Morgan Stanley Institutional International Equity I (MSIQX)
- Harbor Global Growth Institutional (HGGAX)
- Fidelity China Region (FHKCX)
- Morgan Stanley Institutional Global Franchise I (MSFAX)
- Mutual Global Discovery Z (MDISX)
- Federated Intl Strategic Val Dividend A (IVFAX)
- Fidelity Series International Growth (FIGSX)
- Aberdeen Emerging Markets Institutional (ABEMX)
- Oakmark International I (OAKIX)
- MassMutual Premier International Equity S (MIEDX)
- JOHCM International Select I (JOHIX)
- Matthews Asian Growth & Income Investor (MACSX)
- Old Westbury Global Small & Mid Cap (OWSMX)
- Mutual European Z (MEURX)
- Lazard Global Listed Infrastructure Port Institutional (GLIFX)
- PIMCO International StocksPLUS AR Strategy A (PIPAX)
- Artisan International Value Investor (ARTKX)
- Delaware Pooled Emerging Markets (DPEMX)
- ING Morgan Stanley Global Fran Port S (IVGTX)
- MFS International Value A (MGIAX)
- Oakmark Global Select I (OAKWX)
DFA United Kingdom Small Company Fund (DFUKX)
This DFA fund objective is to achieve for long-term appreciation. This DFA United Kingdom Small Company Fund is a no-load mutual fund. It uses its assets to purchase its corresponding Master Fund, The United Kingdom Small Company Series. The fund’s CUSIP is 233-203-207. It has small total assets of $34.4 million. The annual expense ratio is 0.63%. Its dividend yield is 2.66%. Karen E. Umland is the current fund manager.
This top lowest cost mutual fund has no rating from Morningstar yet. It has 16.18% YTD return as of July 24, 2013. The fund has returned in 16 years of positive return with the highest in 2009 (60.08%). Based on the load adjusted returns, the fund has returned 30.52% over the past 1-year and 11.99% over the past 10-year.
As of May 2013, this stock mutual fund has a total of 350 holdings. The top 5 stocks in its portoflio are William Hill PLC (1.61%), Persimmon PLC (1.60%), Ashtead Group PLC (1.42%), Taylor Wimpey PLC (1.40%) and Travis Perkins PLC (1.38%). Industrials (27.4%) and Consumer Discretionary (27.4%) are the top sector allocations.
GMO International Growth Equity Fund (GMIGX)
The objective of this GMO International Growth Equity fund is to seek high total return. It invests mainly in equity securities that is believed will provide a higher return than the MSCI EAFE Growth Index. This equity fund is categorized in the Foreign Large Growth category. It has $2.1 billion of total net assets. The 12-month trailing yield is 1.66%. The fund managers are Thomas Hancock and David Cowan.Morningstar analysts rank this GMIGX fund with 5-stars and Silver rating. This low cost mutual fund has 5-year average return of 2.40%. The best 1-year total return was achieved in 2003 with 20.40%. The worst return was occurred in 2008 with -36.72%. Based on the load adjusted returns, it has returned 14.52% over the past 3-year and 9.01% over the past decade.
The top holdings are Future Contract On Dax Index Future (4.11%), Roche Holdings AG (3.03%), Nestle SA (2.61%), Diageo PLC (2.53%) and Novo Nordisk (2.44%).
FPA Paramount Fund (FPRAX)
This FPA Paramount fund is the top mutual fund in World Stock category. It seeks a high total investment return, including capital appreciation and income. The fund managers are Eric S. Ende, Steven R. Geist, Gregory A. Herr and Pierre O. Py. It was first introduced to public in 1958. The annual expense ratio is 0.94%. The total net assets are $296.7 million. You can buy the mutual fund from your brokerage for your retirement account, investment account, 401k account, etc.Since its inception, this top lowest cost international stock mutual fund has recorded 42 years of positive return and 12 years of negative return. It has 5-stars rating and Silver rating from Morningstar. It has YTD return of 20.02% as of July 2013. The 3-year beta risk is 0.77. Based on the load adjusted returns, it has returned 9.71% over the past 10-year.
The top 10 holdings represent 48.1% of the total net assets. They are O’Reilly Automotive (6.8%), Carmax (6.7%), Signet Jewelers (6.3%), Wabco (5.6%) and Scansource (4.5%). The top sectors are Producer Durables (22.19%) and Retailing (20.72%).
Top Fund Profile
| No | Fund Description | Ticker | Rating | Expense Ratio | Yield | Net Assets |
|---|---|---|---|---|---|---|
| 1 | American Funds New World HLS IB | HVWBX | 5 | 0.56% | 1.54% | $42.70 |
| 2 | DFA United Kingdom Small Company I | DFUKX | N/A | 0.63% | 2.66% | $34.40 |
| 3 | GMO International Growth Equity III | GMIGX | 5 | 0.65% | 1.66% | $2,100.00 |
| 4 | Hartford International Opp HLS IA | HIAOX | 5 | 0.74% | 1.77% | $1,500.00 |
| 5 | Mutual Quest Z | MQIFX | 5 | 0.79% | 2.18% | $5,500.00 |
| 6 | Lazard Intl Strategic Equity Instl | LISIX | 5 | 0.86% | 0.90% | $2,200.00 |
| 7 | MainStay Epoch Global Equity Yield I | EPSYX | 5 | 0.88% | 3.39% | $2,400.00 |
| 8 | FPA Paramount | FPRAX | 5 | 0.94% | 0.17% | $296.70 |
| 9 | Franklin Intl Small Cap Growth Adv | FKSCX | 5 | 0.95% | 1.22% | $1,200.00 |
| 10 | Morgan Stanley Inst International Eq I | MSIQX | 5 | 0.95% | 1.99% | $5,200.00 |
| 11 | Harbor Global Growth Instl | HGGAX | 5 | 0.96% | 0.27% | $26.60 |
| 12 | Fidelity China Region | FHKCX | 5 | 0.98% | 1.38% | $1,300.00 |
| 13 | Morgan Stanley Inst Glbl Franchise I | MSFAX | 5 | 0.98% | 1.63% | $595.30 |
| 14 | Mutual Global Discovery Z | MDISX | 5 | 1.02% | 1.70% | $20,400.00 |
| 15 | Federated Intl Strategic Val Dividend A | IVFAX | 5 | 1.04% | 3.70% | $516.40 |
| 16 | Fidelity Series International Growth | FIGSX | 5 | 1.04% | 1.51% | $9,700.00 |
| 17 | Aberdeen Emerging Markets Instl | ABEMX | 5 | 1.05% | 1.88% | $11,300.00 |
| 18 | Oakmark International I | OAKIX | 5 | 1.06% | 1.92% | $19,100.00 |
| 19 | MassMutual Premier International Eq S | MIEDX | 5 | 1.07% | 1.36% | $524.00 |
| 20 | JOHCM International Select I | JOHIX | 5 | 1.09% | 0.52% | $490.10 |
Best Foreign Stock Mutual Fund Performance
| No | Fund Description | Ticker | YTD Return | 1-Year Return | 3-Year Return | 5-Year Return | 10-Year Return |
|---|---|---|---|---|---|---|---|
| 1 | American Funds New World HLS IB | HVWBX | 2.20% | 16.75% | 5.67% | 3.20% | 11.66% |
| 2 | DFA United Kingdom Small Company I | DFUKX | 16.18% | 43.37% | 19.27% | 9.58% | 12.71% |
| 3 | GMO International Growth Equity III | GMIGX | 12.66% | 28.88% | 13.44% | 4.20% | 9.73% |
| 4 | Hartford International Opp HLS IA | HIAOX | 8.97% | 26.18% | 9.50% | 3.09% | 10.04% |
| 5 | Mutual Quest Z | MQIFX | 16.13% | 24.44% | 12.13% | 7.09% | 9.56% |
| 6 | Lazard Intl Strategic Equity Instl | LISIX | 13.58% | 34.17% | 13.91% | 5.62% | - |
| 7 | MainStay Epoch Global Equity Yield I | EPSYX | 14.24% | 21.14% | 14.35% | 7.25% | - |
| 8 | FPA Paramount | FPRAX | 20.02% | 35.34% | 17.51% | 9.76% | 9.62% |
| 9 | Franklin Intl Small Cap Growth Adv | FKSCX | 16.95% | 48.19% | 14.31% | 10.98% | 16.96% |
| 10 | Morgan Stanley Inst International Eq I | MSIQX | 10.70% | 27.28% | 10.88% | 3.26% | 8.23% |
| 11 | Harbor Global Growth Instl | HGGAX | 20.36% | 31.01% | 15.47% | - | - |
| 12 | Fidelity China Region | FHKCX | 3.95% | 26.68% | 6.53% | 5.72% | 13.11% |
| 13 | Morgan Stanley Inst Glbl Franchise I | MSFAX | 11.37% | 19.24% | 15.21% | 11.55% | 11.79% |
| 14 | Mutual Global Discovery Z | MDISX | 15.82% | 26.29% | 11.93% | 7.39% | 10.97% |
| 15 | Federated Intl Strategic Val Dividend A | IVFAX | 5.18% | 15.38% | 9.93% | 1.27% | - |
| 16 | Fidelity Series International Growth | FIGSX | 9.50% | 24.21% | 12.20% | - | - |
| 17 | Aberdeen Emerging Markets Instl | ABEMX | -6.32% | 9.48% | 7.56% | 8.75% | - |
| 18 | Oakmark International I | OAKIX | 17.53% | 51.70% | 13.72% | 10.70% | 11.67% |
| 19 | MassMutual Premier International Eq S | MIEDX | 12.81% | 33.01% | 13.29% | 5.64% | 11.31% |
| 20 | JOHCM International Select I | JOHIX | 22.04% | 39.49% | 15.58% | - | - |
| 21 | Matthews Asian Growth & Inc Investor | MACSX | 5.32% | 21.00% | 10.42% | 8.35% | 13.52% |
| 22 | Old Westbury Global Small & Mid Cap | OWSMX | 13.46% | 28.75% | 13.70% | 10.25% | - |
| 23 | Mutual European Z | MEURX | 12.72% | 29.63% | 9.36% | 5.26% | 10.74% |
| 24 | Lazard Global Listed Infras Port Inst | GLIFX | 17.99% | 33.28% | 13.49% | - | - |
| 25 | PIMCO International StocksPLUS AR Stra A | PIPAX | 13.52% | 33.85% | 12.33% | 9.93% | - |
| 26 | Artisan International Value Investor | ARTKX | 15.34% | 37.44% | 15.42% | 10.02% | 13.50% |
| 27 | Delaware Pooled Emerging Markets | DPEMX | -7.12% | 10.30% | 4.65% | 3.10% | 15.52% |
| 28 | ING Morgan Stanley Glbl Fran Port S | IVGTX | 11.07% | 19.42% | 15.09% | 11.38% | 11.51% |
| 29 | MFS International Value A | MGIAX | 17.31% | 30.68% | 14.13% | 6.18% | 11.51% |
| 30 | Oakmark Global Select I | OAKWX | 22.53% | 44.66% | 16.86% | 13.54% | - |
| 31 | Dynamic Canadian Equity Income I | DWGIX | 1.56% | 5.30% | 10.85% | - | - |
| 32 | Oppenheimer International Growth A | OIGAX | 12.31% | 32.76% | 13.23% | 5.67% | 11.46% |
| 33 | USAA World Growth | USAWX | 15.19% | 33.92% | 15.83% | 7.88% | 10.30% |
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