BestNoLoadFunds.com

U.S. Mutual Funds Increasing Foreign Holdings

InstitutionalInvestor.com reports here that "A larger percentage of stocks in a growing number of mutual fund portfolios are foreign, according to Morningstar. The fund tracker found that there are now more than 100 U.S. stock funds that consist of more than one-fifth of their portfolios in foreign securities..." The article gives several examples of funds revising their foreign stocks allocations and notes that "adding more foreign stock in the funds could make it more difficult to evaluate a fund's performance which is benchmarked against a U.S.-based market index."