Best- and worst-performing international equity funds

Best- and worst-performing international equity funds
MAR 18, 2014
By  dsouthwood
EMERGING MARKETS
Top 10 Portfolio net assets ($M) 1-year return 3-year return 5-year return Expense ratio*
Morgan Stanley Frontier Emerging Markets I (MFMIX) $223.8 33.9% 7.2% 13.1% 1.9%
T. Rowe Price Institutional Africa & Middle East Fund (TRIAX) $192.4 24.7% 7.3% 12.3% 1.3%
T. Rowe Price Africa & Middle East Fund (TRAMX) $181.5 24.6% 7.1% 11.5% 1.5%
Wasatch Frontier Emerging Small Countries Inv (WAFMX) $858.5 21.5% N/A N/A 2.3%
William Blair Emerging Markets Small Cap Growth I (BESIX) $153.7 18.7% N/A N/A 1.4%
Thornburg Developing World Fund I (THDIX) $1,698.4 17.9% 6.7% N/A 1.1%
Delaware Emerging Markets Fund Institutional (DEMIX) $2,658.4 17.8% 2.6% 18.6% 1.5%
Harding Loevner Frontier Emerging Mkts Port Inst (HLFMX) $300.9 17.7% 3.2% 15.0% 2.0%
Van Eck Emerging Markets Fund A (GBFAX) $196.8 13.5% 2.5% 26.1% 1.7%
Driehaus Emerging Markets Small Cap Growth Fund (DRESX) $185.1 13.3% 7.2% 20.9% 2.0%
Bottom 5
Touchstone Emerging Markets Equity Fund Institutional (TMEIX) $371.3 -8.9% -2.8% N/A 1.3%
Laudus Mondrian Emerging Markets Fund Institutional (LEMNX) $147.3 -5.2% -0.3% 13.9% 1.5%
Virtus Emerging Markets Opportunities Fund I (HIEMX) $8,081.9 -5.0% 4.1% 17.1% 1.4%
Laudus Mondrian Institutional Emerging Markets Institutional (LIEMX) $354.7 -4.9% -0.2% 13.9% 1.3%
Legg Mason Batterymarch Emerging Markets Trust C (LMEMX) $199.8 -4.0% -5.9% 11.8% 2.3%
Classification total/average $264,602.9 3.3% -0.8% 16.0% 1.6%
MSCI EM (Emerging Markets) Total Return USD Index 1.7% -0.4% 16.6%
INTERNATIONAL SMALL-/MIDCAP GROWTH
Top 10 Portfolio net assets ($M) 1-year return 3-year return 5-year return Expense ratio*
Oberweis International Opportunities Fund (OBIOX) $125.1 51.4% 20.5% 30.7% 1.6%
Oppenheimer International Small Company Fund A (OSMAX) $1,883.1 45.0% 13.1% 36.6% 1.3%
Fidelity Advisor International Small Cap Fund I (FIXIX) $129.4 36.4% 11.3% 21.1% 1.3%
Hartford International Small Company Fund A (HNSAX) $324.0 32.8% 12.4% 19.9% 1.6%
AllianzGI International Small-Cap Fund P (ALOPX) $111.3 30.6% 9.9% 20.7% 1.3%
Lord Abbett International Opportunities Fund A (LAIEX) $424.9 30.6% 10.3% 20.7% 1.5%
Munder International Small-Cap Fund Y (MYSIX) $318.1 30.3% 13.4% 21.4% 1.0%
Vanguard International Explorer Fund Investor (VINEX) $2,326.5 29.3% 7.5% 18.9% 0.4%
American Century International Opps Fund Inv (AIOIX) $148.0 28.9% 11.7% 20.4% 1.7%
Transamerica International Small Cap I2 $451.1 28.7% 8.0% 19.2% 1.2%
Bottom 5
Invesco International Small Company Fund A (IEGAX) $564.0 8.7% 7.6% 21.7% 1.5%
Columbia Acorn International Select Z (ACFFX) $366.2 12.3% 8.4% 16.7% 1.3%
Vanguard FTSE All-World ex-U.S. Small-Cap Index Inv (VFSVX) $2,015.3 18.1% 4.6% N/A 0.5%
MFS International New Discovery Fund A (MIDAX) $4,836.6 18.6% 10.4% 20.1% 1.4%
Westcore International Small-Cap Fund Retail (WTIFX) $460.2 20.1% 12.9% 26.3% 1.5%
Classification total/average $36,369.9 25.9% 9.9% 20.7% 1.6%
MSCI EAFE Small Cap Total Return USD Index 29.4% 10.2% 19.7%
JAPANESE
All funds Portfolio net assets ($M) 1-year return 3-year return 5-year return Expense ratio*
Fidelity Japan Smaller Companies Fund (FJSCX) $648.9 52.7% 17.8% 16.9% 1.1%
Matthews Japan Fund Investor (MJFOX) $359.3 34.4% 11.8% 13.6% 1.2%
T Rowe Price Japan Fund (PRJPX) $320.9 32.0% 10.5% 9.9% 1.1%
Nomura Japan Fund S (SJPNX) $182.4 29.9% 7.7% 10.0% 1.7%
Fidelity Japan Fund (FJPNX) $544.9 27.9% 5.6% 10.9% 1.1%
DFA Japanese Small Company Portfolio Institutional (DFJSX) $410.9 23.9% 9.5% 10.4% 0.6%
Classification total/average $2,562.1 28.8% 8.0% 11.6% 1.8%
MSCI Japan Total Return USD 30.2% 6.6% 9.0%
Assets and expense ratio as of Nov. 13; returns as of Dec. 9. 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-year 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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