This Day On The Street
Continue to site
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

Top 5 European Mutual Funds

Recent developments clearly signal the return of stability and buoyancy to European markets. The region's financial system has passed safely through rough weather and banks and financial systems alike have responded favorably to the central bank's stress tests. With a mix of mature and emerging markets, the region offers investors a balance between growth opportunities and secure investment destinations. European mutual funds offer investors these unique advantages along with the benefits of diversification and professional management.

Below we will share with you five top-rated European mutual funds. Each has earned a Zacks No. 1 rank, meaning they're a strong buy recommendation, as we expect these mutual funds to outperform their peers in the future.

Putnam Europe Equity A (PEUGX) invests at least 85% of its assets in European companies. The majority of the fund's assets are used to buy common stock, primarily common stock of European firms. It invests in companies regardless of their market capitalization. The European mutual fund returned 8.08% in the last one-year period.

The European mutual fund has a minimum initial investment of $500 and an expense ratio of 1.47% compared with a category average of 1.72%.

T. Rowe Price European Stock (PRESX) seeks long-term capital growth. The fund invests heavily in companies in Europe. It usually invests in at least five countries at any given time. Common stocks constitute its major investments. The European mutual fund has a five year annualized return of 2.8%.

Dean Tenerelli is the fund manager and has managed this European mutual fund since 2005.

Ivy European Opportunities A (IEOAX) invests at least 80% of assets in equity securities of European companies. The fund focuses on acquiring preferred and common stock and convertible securities. It invests in companies of all sizes, selecting small-cap companies in developed markets. The European mutual fund returned 5.24% in the last one-year period.

As of June, this European mutual fund held 74 issues, with 3.21% of its total assets invested in Nestle.

JPMorgan Intrepid European A (VEUAX) seeks capital appreciation over the long term. The fund focuses on acquiring equity securities of companies with significant business operations in Western Europe. Up to 20% of its assets may be invested in debt securities that are not dollar denominated. The European mutual fund has a 10-year annualized return of 3.85%.

The European mutual fund has a minimum initial investment of $1,000 and an expense ratio of 1.51% compared with a category average of 1.72%.

Fidelity Europe Capital Appreciation (FECAX) invests primarily in European securities and instruments with linkages to the European continent. It invests in a particular economy keeping in mind its importance relative to the region as a whole. The European mutual fund returned 3.86% in the last one-year period and has a five-year annualized return of 2.15%.

Melissa M. Reilly is the fund manager and has managed this European mutual fund since 2007.


Follow on Twitter and become a fan on Facebook.

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
Dividend Stock Advisor

David Peltier identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Real Money

More than 30 investing pros with skin in the game give you actionable insight and investment ideas.

Product Features:
  • Access to Jim Cramer's daily blog
  • Intraday commentary and news
  • Real-time trading forums
Only $49.95
14-Days Free
14-Days Free
AAPL $93.74 0.00%
FB $117.58 0.00%
GOOG $693.01 0.00%
TSLA $240.76 0.00%
YHOO $36.60 0.00%


Chart of I:DJI
DOW 17,773.64 -57.12 -0.32%
S&P 500 2,065.30 -10.51 -0.51%
NASDAQ 4,775.3580 -29.9330 -0.62%

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs