Investors should have realistic performance expectations when investing international funds, said Dan Lefkovitz, a mutual fund analyst for Morningstar Inc.
In a recent interview with Chuck Jaffe, Lefkovitz said the strong performance of foreign funds can be deceptive, and that international funds should be purchased with realistic expectations of what they will deliver.
Lefkovitz told Jaffe he would buy Artisan International, the Vanguard Total International Stock Index, hed hold Janus Overseas and T. Rowe Price Latin America, and would sell Fidelity Aggressive International, Oberweis China and DWS Europe Equity.
In a separate interview, Charles Rotblut, senior market analyst for Zacks.com, called the small-cap biotech Pozen the Bull of the Week, and is poised to hit a six-month target price of $18 per share, up 40% from current levels.
The staff of Money Management Executive ("MME") has prepared these capsule summaries based on reports published by the news sources to which they are attributed. Those news sources are not associated with MME, and have not prepared, sponsored, endorsed, or approved these summaries.