Definition of 'International Funds'
International funds invest in stocks of companies based outside the U.S. This is what you want if you are diversifying your portfolio and are looking specifically for overseas exposure. Sixty-five percent of the fund's total assets must invested in companies based outside the U.S. for a fund to qualify, under the Lipper Analytical Services definition.
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By Ian McDonald | 09/29/00 - 06:30 AM EDT