Seven Super Foreign Funds
Choosing where to invest these days is a little like having to choose a favorite child. All the world's economies are on an upswing, including the U.S. economy. But growth in foreign countries is expected to outpace domestic growth. The International Monetary Fund predicts the U.S. economy will grow 2.9% in 2018; meanwhile, foreign economies (developed and emerging) are pegged for 4.9% growth, with some, including China and India, expected to expand 6.6% or more. "We're seeing sustained above-average growth across all global markets," says Richard Turnill, a BlackRock investment strategist.
These seven funds can help you take advantage of the best opportunities in growing world economies. Some of the funds focus on the developed world, others invest only in emerging countries, and some cover both.
Currency is a wild card with international investing. Foreign currencies can boost returns when the
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