International Mutual Funds Outperform

Chet Currier, a Bloomberg News columnist, reports that, this year, through August, "292 international equity funds tracked by Bloomberg gained an average 6.6 percent, double the 3.3 percent gain posted by 929 U.S. stock funds," in this article from the Sun-Sentinel. And, he adds that "Five of the year's 12 best-selling U.S. funds through July, ...have been funds with an international bent. They include the Capital World Growth & Income Fund and the EuroPacific Growth Fund, both from Capital Group Cos.' American Funds group; Barclays Global Investors' Ishares exchange-traded fund of the Morgan Stanley Capital International EAFE stock index; the Dodge & Cox International Fund, and the Julius Baer International Equity Fund."

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(May '04-Jun '05)