Global and International Mutual Funds

Bob Boulware, president and CEO of ING Funds, says "many U.S. investors do not realize to what degree foreign companies dominate some industries. For instance, eight of the ten biggest building product and metal companies are based overseas, and nine of the top 10 airlines, engineering companies and energy companies." His firm has launched a "Going Global" campaign to encourage more people to consider global and international mutual funds... "Global funds provide exposure to opportunities around the world -- both international and domestic. International mutual funds may be better suited for individuals seeking purely foreign holdings to complement their existing domestic portfolio."

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(May '04-Jun '05)