Best- and worst-performing international equity mutual funds

JUN 15, 2014

Emerging Markets

Top 10Portfolio net assets ($M)1-year return3-year return5-year returnExpense ratio*
Forward Frontier Strategy Fund Institutional (FRNMX)$141.726.46%9.65%7.69%1.01%
T Rowe Price Institutional Africa & Middle East Fund (TRIAX)$230.725.50%13.60%12.86%1.25%
T Rowe Price Africa & Middle East Fund (TRAMX)$202.825.02%13.35%12.41%1.47%
Morgan Stanley Frontier Emerging Markets I (MFMIX)$451.724.94%13.50%13.96%1.85%
Harding Loevner Frontier Emerging Markets Port Institutional (HLFMX)$424.519.00%9.68%13.27%1.80%
Delaware Emerging Markets Fund Institutional (DEMIX)$2,734.113.93%2.64%11.07%1.45%
Baron Emerging Markets Fund Retail (BEXFX)$686.113.45%7.46%N/A1.50%
Brandes Emerging Markets Fund I (BEMIX)$799.212.29%2.94%N/A1.12%
American Funds New World Fund A (NEWFX)$23,969.511.77%4.96%11.20%1.06%
Institutional Emerging Markets Portfolio I (HLMEX)$1,275.111.52%4.60%11.35%1.30%
Bottom 5
BlackRock Emerging Market Long/Short Equity Fund Institutional (BLSIX)$625.8-6.66%0.00%N/A1.93%
Wasatch Emerging Markets Small Cap Fund Investor (WAEMX)$1,562.2-5.80%2.04%17.57%1.95%
T Rowe Price Emerging Europe Fund (TREMX)$274.1-2.78%-6.41%8.88%1.47%
US Global Investors Emerging Europe Fund (EUROX)$102.1-2.62%-8.24%3.56%2.15%
Touchstone Emerging Markets Equity Fund Institutional (TMEIX)$372.9-2.37%-1.82%N/A1.29%
Classification total/average$284,206.65.07%-0.55%8.50%1.63%
MSCI EM (Emerging Markets) Total Return USD 6.56%-0.84%8.57%

International Small/Mid-Cap Growth

Top 10Portfolio net assets ($M)1-year return3-year return5-year returnExpense ratio*
Oppenheimer International Small Company Fund A (OSMAX)$2,532.030.04%15.05%21.82%1.24%
Oberweis International Opportunities Fund (OBIOX)$370.628.80%19.54%25.10%1.60%
Munder International Small-Cap Fund Y (MYSIX)$365.826.59%12.55%19.15%0.98%
Transamerica International Small Cap I2 $677.725.44%7.47%14.41%1.20%
Vanguard International Explorer Fund Investor (VINEX)$2,649.524.65%8.09%14.25%0.36%
DFA International Small Cap Growth Portfolio Institutional (DISMX)$61.622.78%N/AN/A0.55%
MainStay Epoch International Small Cap Fund I (EPIEX)$139.322.58%6.53%14.54%1.32%
Hartford International Small Company Fund A (HNSAX)$378.522.31%11.13%16.44%1.54%
American Century International Discovery Fund Investor (TWEGX)$695.122.29%7.21%13.64%1.50%
Forward International Small Companies Fund Institutional (PTSCX)$206.821.61%7.38%13.14%1.30%
Bottom 5
Wasatch International Opportunities Fund Investor (WAIOX)$334.910.48%10.47%18.31%2.25%
Wasatch International Growth Fund Investor (WAIGX)$1,638.510.88%11.38%20.79%1.49%
Invesco International Small Company Fund A (IEGAX)$550.714.34%7.20%15.60%1.47%
Federated International Small-Mid Company Fund A (ISCAX)$213.514.40%5.53%14.06%1.85%
MFS International New Discovery Fund A (MIDAX)$5,195.714.73%9.30%16.19%1.39%
Classification total/average $41,226.219.22%8.87%15.93%1.58%
MSCI EAFE Small Cap Total Return23.68%9.25%14.99%

Japanese

All fundsPortfolio net assets ($M)1-year return3-year return5-year returnExpense ratio*
DFA Japanese Small Company Portfolio Institutional (DFJSX)$380.314.44%9.90%9.36%0.56%
Matthews Japan Fund Investor (MJFOX)$429.412.24%10.41%12.24%1.20%
T. Rowe Price Japan Fund (PRJPX)$295.311.79%9.98%10.19%1.06%
Fidelity Japan Smaller Companies Fund (FJSCX)$447.411.33%15.05%13.57%1.01%
Nomura Japan Fund S (SJPNX)$156.910.41%7.41%8.38%1.67%
Fidelity Japan Fund (FJPNX)$464.28.92%6.89%6.23%0.93%
Classification total/average $3,151.612.56%8.38%8.44%1.70%
MSCI Japan Total Return10.35%7.72%6.72%

Assets as of April 30, returns as of June 3. Distinct classes and funds with $100 million portfolio minimum only. Excludes leveraged and inverse funds. Funds closed to new investors have been omitted for the top-10 grouping. Rankings are based on unrounded figures. Three and five-year returns are annualized. In case of multiple share classes, the oldest share class is listed. N/A = not available (fund has been in operation for less than the year indicated). *Net prospectus Source: Lipper

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