Best- and worst-performing international mutual funds

Best- and worst-performing international mutual funds
By category, ranked by one year total returns
JUN 14, 2015

Equity

International Small/Mid-Cap Growth

Top 10 Portfolio net assets ($M) 1-year return 3-year return 5-year return Expense ratio*
Touchstone International Small Cap Fund Y (TNSYX) $192.6 10.40% 22.25% 15.18% 1.32%
Victory Trivalent International Small-Cap Fund I (MISIX) $485.0 8.80% 24.17% 17.50% 0.96%
Oppenheimer International Small Company Fund A (OSMAX) $3,604.9 8.09% 26.48% 18.17% 1.21%
Grandeur Peak Internatl Opportunities Fund Inst (GPIIX) $856.1 7.41% 23.81% N/A 1.44%
T Rowe Price International Discovery Fund (PRIDX) $4,118.6 7.34% 18.72% 13.90% 1.21%
AllianzGI International Small-Cap Fund P (ALOPX) $111.1 7.28% 19.11% 14.28% 1.28%
Federated International Small-Mid Company Fund A (ISCAX) $199.8 7.07% 16.92% 12.37% 1.86%
Driehaus International Small Cap Growth Fund (DRIOX) $321.2 6.97% 18.41% 13.48% 1.74%
Oberweis International Opportunities Inst Fund (OBIIX) $235.2 6.94% N/A N/A 1.10%
Oberweis International Opportunities Fund (OBIOX) $498.8 6.53% 30.98% 21.77% 1.60%
Bottom 5
Westcore International Small-Cap Fund Retail (WTIFX) $289.2 -8.21% 7.66% 10.96% 1.50%
Invesco International Small Company Fund A (IEGAX) $408.0 -7.71% 9.26% 10.23% 1.47%
Columbia Acorn International Select Z (ACFFX) $249.6 -7.37% 9.79% 9.50% 0.94%
Harding Loevner International Small Cos Port Inv (HLMSX) $102.1 -2.48% 15.12% 12.20% 1.55%
Franklin International Small Cap Growth Fund Adv (FKSCX) $1,891.9 -1.52% 20.62% 13.58% 1.12%
Classification total/average $42,097.8 1.92% 17.24% 12.71% 1.51%
MSCI EAFE Small Cap Total Return USD 2.77% 19.28% 13.41%

Emerging Markets

Top 10 Portfolio net assets ($M) 1-year return 3-year return 5-year return Expense ratio*
William Blair Emerging Markets Small Cap Gro I (BESIX) $314.0 14.18% 20.32% N/A 1.40%
Fidelity Emerging Asia Fund (FSEAX) $1,273.2 13.57% 14.94% 10.27% 1.08%
Fidelity Advisor Emerging Asia Fund A (FEAAX) $354.0 12.62% 15.00% 9.96% 1.41%
Ivy Emerging Markets Equity Fund A (IPOAX) $690.4 12.11% 12.44% 5.60% 1.50%
Driehaus Emerging Markets Small Cap Growth Fund (DRESX) $638.2 8.23% 17.38% 12.16% 1.73%
Grandeur Peak Emerging Markets Opptys Fund Inst (GPEIX) $467.9 8.08% N/A N/A 1.70%
Seafarer Overseas Growth and Income Inv (SFGIX) $180.9 8.02% 12.88% N/A 1.25%
Goldman Sachs BRIC Fund;Institutional (GBRIX) $147.7 6.82% 9.75% 2.02% 1.26%
Goldman Sachs Emerging Mkts Eqty Insights Fund Inst (GERIX) $647.6 5.87% 9.45% 6.24% 1.18%
Templeton Emerging Markets Small Cap Fund Adv (TEMZX) $778.6 5.76% 12.66% 6.50% 1.81%
Bottom 5
T Rowe Price Emerging Europe Fund (TREMX) $194.1 -26.48% -2.93% -4.76% 1.51%
Templeton Frontier Markets Fund Advisor (FFRZX) $874.4 -19.51% 5.45% 3.18% 1.74%
Brandes Emerging Markets Value Fund I (BEMIX) $1,293.4 -16.98% 4.41% N/A 1.12%
Forward Frontier Strategy Fund Institutional (FRNMX) $116.2 -15.41% 10.54% 4.77% 1.01%
Voya Russia Fund A (LETRX) $100.5 -14.67% 0.75% -3.53% 2.00%
Classification total/average $318,523.1 -2.42% 6.61% 3.84% 1.57%
MSCI EM (Emerging Markets) Total Return USD -0.26% 6.66% 4.73%

Japan

All funds Portfolio net assets ($M) 1-year return 3-year return 5-year return Expense ratio*
Brown Advisory - WMC Japan Alp Opportunities Inst (BAFJX) $1,543.0 36.81% N/A N/A 1.21%
Hennessy Japan Fund;Investor (HJPNX) $113.5 17.59% 19.99% 15.64% 1.64%
Matthews Japan Fund Investor (MJFOX) $952.7 17.31% 20.25% 13.75% 1.10%
DFA Japanese Small Company Portfolio Institutional (DFJSX) $495.6 10.31% 14.53% 10.05% 0.55%
Fidelity Japan Smaller Companies Fund (FJSCX) $415.9 9.37% 23.41% 13.53% 1.01%
T Rowe Price Japan Fund (PRJPX) $310.7 9.34% 16.90% 10.26% 1.05%
Fidelity Japan Fund (FJPNX) $508.9 5.56% 13.17% 6.15% 0.93%
Classification total/average $4,410.8 14.09% 16.46% 9.15% 1.55%
MSCI Japan Total Return USD 14.94% 16.54% 9.51%

Fixed Income

International Income

Top 10 Portfolio net assets ($M) 1-year return 3-year return 5-year return Expense ratio*
DFA World ex US Government Fixed Income Ptfl Inst (DWFIX) $475.2 6.87% 3.84% N/A 0.20%
PIMCO Foreign Bond Fund (US Dollar-Hedged) Inst (PFORX) $9,395.8 6.10% 6.00% 6.24% 0.52%
Vanguard Total International Bond Index Fund Inv (VTIBX) $39,656.9 4.89% N/A N/A 0.23%
SEI International Fixed Income Fund A (SEFIX) $533.1 4.01% 3.47% 3.86% 1.05%
CGCM International Fixed Income Investments (TIFUX) $247.2 3.82% 2.95% 4.21% 0.76%
John Hancock Asia Pacific Total Return Bond Fund NAV $440.0 0.43% N/A N/A 0.86%
Aberdeen Asia Bond Fund Inst (CSABX) $255.3 0.18% 1.80% 3.88% 0.70%
Templeton Global Bond Fund A (TPINX) $68,283.5 -0.30% 6.43% 5.13% 0.88%
Templeton Global Total Return Fund Adv (TTRZX) $8,494.7 -0.53% 7.76% 6.71% 0.76%
Great-West Templeton Global Bond Fund Initial (MXGBX) $366.5 -1.59% 4.79% 4.15% 1.30%
Bottom 5
Laudus Mondrian International Govt Fixed Inc Fund (LIFNX) $187.5 -11.52% -5.37% -0.34% 0.69%
American Century International Bond Fund Investor (BEGBX) $915.2 -11.17% -3.67% 0.74% 0.80%
T Rowe Price International Bond Fund (RPIBX) $4,975.9 -10.97% -2.14% 1.57% 0.83%
T Rowe Price Institutional International Bond Fund (RPIIX) $343.6 -10.55% -1.54% 1.94% 0.55%
Wells Fargo Advantage International Bond Fund Inst (ESICX) $1,244.6 -10.27% -1.36% 2.22% 0.70%
Classification total/average $145,731.6 -5.00% 0.68% 2.93% 1.08%
Barclays Global Aggregate ex U.S. Total Return -11.80% -2.68% 1.55%

Emerging-Markets Hard Currency Debt

Top 10 Portfolio net assets ($M) 1-year return 3-year return 5-year return Expense ratio*
HSBC Total Return Fund I (HTRIX) $1,322.5 4.37% 3.94% N/A 1.32%
DoubleLine Low Dur Em Mkts Fixed Income I (DBLLX) $147.3 2.69% N/A N/A 0.60%
JPMorgan Emerging Markets Corporate Debt Fund Select (JEDSX) $218.7 2.15% N/A N/A 0.96%
DoubleLine Emerging Markets Fixed Income Fund I (DBLEX) $830.0 2.12% 5.02% 7.23% 0.92%
Voya Emerging Markets Hard Currency Debt Fund P (IHCSX) $134.0 1.67% N/A N/A 0.10%
Goldman Sachs Emerging Markets Debt Fund Inst (GSDIX) $1,739.8 1.01% 5.62% 7.45% 0.91%
American Beacon Glbl Evolution Front Mkts Inc Y (AGEYX) $183.7 0.91% N/A N/A 1.26%
MFS Emerging Markets Debt Fund I (MEDIX) $5,161.9 0.77% 5.20% 6.93% 0.84%
Payden Emerging Markets Bond Fund Investor (PYEMX) $1,017.5 0.66% 5.29% 6.68% 0.78%
T Rowe Price Emerging Markets Corporate Bond Inv (TRECX) $129.5 0.64% 5.79% N/A 1.15%
Bottom 5
Lazard Emerging Markets Debt Portfolio Inst (LEDIX) $441.6 -8.90% 1.34% N/A 0.97%
Northern Multi-Manager Emerging Mkts Debt Oppty (NMEDX) $108.3 -8.88% N/A N/A 0.97%
Van Eck Unconstrained Emerging Mkts Bd Fund A (EMBAX) $284.6 -8.57% N/A N/A 1.25%
PIMCO Emerging Markets Full Spectrum Bond Fund Inst (PFSIX) $428.3 -8.21% N/A N/A 0.99%
MainStay Global High Income Fund A (MGHAX) $223.4 -7.32% 2.94% 5.37% 1.17%
JP Morgan EMBI Global 0.27% 5.08% 7.14%

Emerging-Markets Local Currency Debt

All funds Portfolio net assets ($M) 1-year return 3-year return 5-year return Expense ratio*
Eaton Vance Emerging Markets Local Income Fund A (EEIAX) $256.1 -11.15% -0.90% 0.91% 1.31%
TCW Emerging Markets Local Currency Income Fund N (TGWNX) $268.4 -11.48% -1.60% N/A 0.99%
Hartford Emerging Markets Local Debt Fund A (HLDAX) $288.2 -12.00% 0.80% N/A 1.25%
MFS Emerging Markets Debt Local Currency Fund I (EMLIX) $331.8 -12.16% -1.58% N/A 0.85%
Payden Emerging Markets Local Bond Fund;Investor (PYELX) $150.9 -12.51% -2.33% N/A 0.96%
T Rowe Price Emerging Markets Local Currency Bond (PRELX) $191.6 -13.08% -1.65% N/A 1.10%
PIMCO Emerging Local Bond Fund;Institutional (PELBX) $8,117.2 -13.34% -2.63% 0.84% 0.90%
JPMorgan Emerging Mkts Loc Cur Db Fund A (JECAX) $296.6 -14.38% N/A N/A 1.25%
Goldman Sachs Local Emerging Markets Debt Fund Ins (GIMDX) $1,383.6 -14.56% -2.03% 0.87% 0.92%
Stone Harbor Local Markets Fund Inst (SHLMX) $1,606.5 -14.58% -4.04% N/A 0.89%
Dreyfus Emerging Markets Debt Local Currency Fund I (DDBIX) $1,065.4 -15.88% -1.58% 0.56% 1.00%
Classification total/average $14,674.6 -11.79% -1.68% 1.08% 1.24%
JP Morgan EMBI Global 0.27% 5.08% 7.14%
Assets as of April 30, returns as of June 2. Distinct classes and funds with $100 million portfolio minimum only. Excludes leveraged and inverse funds. Funds closed to new investors have been omitted for the top-10 grouping. Rankings are based on unrounded figures. Three and five-year returns are annualized. In case of multiple share classes, the oldest share class is listed. N/A = not available (fund has been in operation for less than the year indicated). *Net prospectus Source: Lipper

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