Morgan Stanley International Opportunities
Ticker symbol: MIOIX
Morningstar category: Foreign large growth
Sharpe ratio: 1.35
Expense ratio: 1%
12-month return: 37.36%
5 years (annualized): 17%
Management has scored some big hits this year with companies like TAL Education, a mid-cap Chinese education company, up 182% this year, and FeverTree Drinks, up 132%. The fund has wide latitude for finding stocks, and makes ample use of it: It’s got about 35% of its portfolio in emerging markets.