International-Stock Funds Continue to Prosper
Growth beats value overseas as it has in the United States.
International-stock funds encountered generally favorable conditions in the second quarter of 2017, just as they did in the first quarter of the year.
The currency climate always plays a major role in the performance of funds that invest in foreign equities. The vast majority of such funds normally hedge little or none of their exposure to foreign currencies, so their returns suffer whenever the euro, British pound, Swiss franc, Japanese yen, and other currencies depreciate versus the U.S. dollar.
William Samuel Rocco has a position in the following securities mentioned above: DODFX. Find out about Morningstar’s editorial policies.