Daily Screen: International Stock Funds

Today's Screen covers foreign stock funds. As you might imagine, these are defined broadly as funds whose managers focus on stocks based outside the U.S.

As usual, we've screened for funds that beat the category's average return over the past one- and three-year periods, according to Morningstar. The top 10 are ranked by one-year return in the first table. The pack that makes our list are among the category's more aggressive funds that have typically ridden high-octane growth stocks and/or small-cap stocks to higher returns than more conservative peers. On average, the 10 top foreign funds have more than half of their assets invested in tech/telecommunications stocks, according to their most recent portfolio reports.

You'll notice (JIGRX Quote)Janus Adviser International Growth on the list. The fund is run by the same team and in the same style as (JAOSX Quote)Janus Overseas, currently closed to new investors, and Janus Aspen International Growth, which were left off the list, despite their worthy performance, to avoid redundancy. ...