Matt King, a financial adviser with Bell Investment Advisors, recently said that investors should have international exposure, Reuters reports. However, they shouldn’t focus on single-country funds, he said. In fact, King even recommended that investors sell out of two strong-performing but specialized funds, the T. Rowe Price Latin America and the Matthews China funds.
Diversified funds that King recommends include the Laudus Rosenberg International Small Cap, ICON Europe, Vanguard European Stock Index and Matthews Asia Pacific Equity Income funds.
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