The numbers from last year were impressive — investors only had to buy S&P 500-tracking mutual funds to realize a very profitable year in 2013. With dividends reinvested, the market was up just more than 32% as virtually everyone was caught off guard by the strength and breadth of the move.
But the great year enjoyed by the U.S. stock market left behind other markets in the world — the Vanguard Total International Index fund gained just 15% last year. Emerging markets dragged down overseas results as well and are off to a rough start in 2014.
Leadership is always changing, and there are interesting possibilities overseas that might play out well as 2014 unfolds.
Here are three well-managed no-load mutual funds that might benefit as other markets in the world continue to right their economic ships: