Mutual funds have become a popular way for shareholders to invest money and diversify their portfolio without a lot of effort. Global mutual funds are collections of securities from all over the world that bring a group of people together to invest, and dividends and interest earn income. Here are some of the top global mutual funds for shareholders to invest in.
Steward Global Equity Income Fund
Steward Global Equity Income Fund (SGISX) has a price of $29.96 with a daily change of $0.01 and .03%. The total assets of this fund are $187.66M. The trailing total returns are marked at 8.46% over the past year and 9.05% in the previous three years. The fees are below average compared to funds in the same category with a net expense ratio of .64% and a management cost of .30%. The risk of this global capital is marked as high with the standard deviation at 10, the mean at 0.768, and a sharpe ratio of 0.88.
SEI Global Managed Volatility
SEI Global Managed Volatility (SVTAX) has a price of $11.64 and a daily change of $0.02 and .17%. The total assets of SVTAX are marked at $1.69B. The total trailing returns are 9.06% over the past year and 11.06% over the previous three years. The fees for this mutual fund are also below average with the net expense ratio of 1.11% and management ratio of .65%. Again, the risk is high with SVTAX with the volatility measurements at 7.657, the mean at 0.901, and a sharpe ratio of 1.401.
Polaris Global Value Fund
Polaris Global Value Fund (PGVFX) has a price of $21.52 and a daily change of -$0.04 or -0.19%. The total assets are recorded at $352.46M. The trailing total returns for this mutual fund is down at -6.75% over the past year, but 7.10% over the previous three years. The fees are below average at an expense ratio of .99% and management at 1%. The risk for this fund is above average with a standard deviation of 11.736, a mean of 0.628, and a sharpe ratio of 0.635.
USAA Capital Growth Fund
USAA Capital Growth Fund (USCGX) has a price of $9.90 with no daily change recorded over the last two days. The total assets have been recorded at $706.36M. The trailing total returns for the past year are -4.11%, but the past three years show a 9.23% growth. The fees are below average with the net expense ratio of 1.23% and management at 0.79%. The risk is above average for funds in the same category with a standard deviation of 11.541, a mean of 0.792, and a sharpe ratio of 0.816.
USAA World Growth Fund
USAA World Growth Fund (USAWX) has a higher price of $27.80 with a daily change of $0.03 or .11% and total assets of $1.17B. The fund has returned -1.80% over the past year, but 6.97% over the previous three years. The fees are below average with a net expense ratio of 1.17% and a management ratio of 0.78%. The risk is considered high for this fund with a standard deviation of 12.106, mean of 0.622, and sharp ratio of 0.61.
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Posted on May 5, 2023