Up-and-Coming Overseas Small/Mid-Cap Funds
These funds may be young or small, but they have lots of potential.
Fund Spy
Mentioned: First Eagle Overseas A (SGOVX)
, T. Rowe Price International Discovery (PRIDX)
, Harding Loevner International Eq Instl (HLMIX)
, American Funds SMALLCAP World A (SMCWX)
, Templeton Global Smaller Comp A (TEMGX)
, Harding Loevner Emerging Markets Advisor (HLEMX)
, Virtus NFJ Small-Cap Value A (PCVAX)
, Harding Loevner Global Equity Advisor (HLMGX)
, Grandeur Peak International Opps Inv (GPIOX)
, Grandeur Peak Global Opportunities Inv (GPGOX)
The foreign small/mid-cap categories aren't very big--there are less than 90 funds spread across the three groups--but they do include several older funds that have attracted lots of assets. First Eagle Overseas (SGOVX) opened in 1993 and has more than $11.0 billion in assets, for example, while T. Rowe Price International Discovery (PRIDX) is 24 years old and has an asset base of roughly $2.8 billion.
Meanwhile, in the world-stock category, only a few dozen funds focus on smaller-cap stocks. But some of these have been around for decades and have received considerable attention from investors. American Funds SMALLCAP (SMCWX) opened in 1990 and has more than $19 billion in assets, whereas Templeton Global Smaller Companies (TEMGX) is more than 30 years old and has an asset base of nearly $900 million.
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William Samuel Rocco does not own (actual or beneficial) shares in any of the securities mentioned above. Find out about Morningstar’s editorial policies.