These Are the Top Ten European Mutual Funds

Europe is home to some of the biggest and most popular companies, such as Nestle, SAP SE, Volkswagen and many more. Moreover, the European financial markets are among the best in the world. In the past year, the European stock market has performed on par with the broader U.S. market. You can easily gain exposure to the European market through funds that invest at least 70% of their net assets there. To help you select, here are the top ten European mutual funds.

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Top ten European Mutual Funds

To rank the top ten European mutual funds, we have used their past one-year return data (from U.S. News).

10. Mutual European Fund (TEMIX, 50%)

TEMIX normally invests in the securities of companies from at least five different European countries. This fund has earned a return of 3.61% in the past three years and 5.09% in the past five years. It has $813.13 million in total assets, while its net expense ratio is 1.29%. TEMIX‘s top three holdings are Rexel SA, Covestro AG and GlaxoSmithKline.

9. Fidelity® Europe Fund (FHJUX, 57%)

FHJUX normally invests at least 80% of its assets in the securities of European issuers. This fund has earned a return of 8.55% in the past three years and 9.02% in the past five years. It has $1.01 billion in total assets, while its net expense ratio is 1.04%. FHJUX‘s top three holdings are Roche Holding, Nestle and ASML Holding NV.

8. BlackRock Eurofund (MDEFX, 59%)

MDEFX normally invests at least 80% of its net assets in the equity securities of European companies. This fund has earned a return of 6.92% in the past three years and 7.13% in the past five years. It has $129.7 million in total assets, while its net expense ratio is 1.40%. MDEFX‘s top three holdings are ASML Holding NV, LVMH Moet Hennessy Louis Vuitton SE and BNP Paribas.

7. Invesco European Small Company Fd (ESMAX, 60%)

ESMAX invests in the securities of small-cap European issuers and in derivatives and other instruments with similar characteristics. This fund has earned a return of 5.23% in the past three years and 9.53% in the past five years. It has $253.51 million in total assets, while its net expense ratio is 1.43%. ESMAX‘s top three holdings are Hilan, Gerard Perrier Industries and Linedata Services.

6. JPMorgan Europe Dynamic Fund (VEUAX, 60%)

VEUAX mainly invests in equity securities issued by companies operating in western Europe. This fund has earned a return of 5.2% in the past three years and 7.25% in the past five years. It has $581.26 million in total assets, while its net expense ratio is 1.24%. VEUAX‘s top three holdings are Nestle SA, JP Morgan Prime Money Market C and Allianz SE.

5. Janus Henderson European Focus Fund (HFEAX, 61%)

HFEAX invests a minimum of 80% of its net assets in the equity securities of European companies. This fund has earned a return of 9.39% in the past three years and 7.1% in the past five years. It has $432.34 million in total assets, while its net expense ratio is 1.31%. HFEAX‘s top three holdings are Nestle SA, ASML Holding NV and Roche Holding AG.

4. DoubleLine Shiller Enhanced Intl CAPE® (DSEUX, 65%)

DSEUX aims to earn an investment return that's more than its benchmark index, the MSCI Europe Net Return USD Index. This fund has earned a return of 9.2% in the past three years. It has $54.45 million in total assets, while its net expense ratio is 0.67%. DSEUX‘s top three holdings are BXIIESAE INDEX SWAP 073021, 102921 and 022822.

3. Columbia Acorn European Fund (CAEAX, 71%)

CAEAX normally invests at least 70% of its assets in western European companies. It may invest up to 30% in companies in emerging central and eastern European countries. This fund has earned a return of 13.11% in the past three years and 13.78% in the past five years. It has $128.6 million in total assets, while its net expense ratio is 1.45%. CAEAX’s top two holdings are Sectra AB and Hexagon AB Class B.

2. DFA Continental Small Company Portfolio (DFCSX, 73%)

DFCSX offers investors exposure to the smaller continental European stocks. It invests in the value and growth stocks of micro-, small-, and mid-cap European companies. This fund has earned a return of 6.77% in the past three years and 11.7% in the past five years. It has $748.43 million in total assets, while its net expense ratio is 0.46%. DFCSX’s top three holdings are VAT Group AG, Lanxess AG and IMCD NV.

1. Morgan Stanley Europe Opportunity Fund (EUGAX, 82%)

EUGAX usually invests in high-quality established and emerging companies based in Europe. This fund has earned a return of 20.31% in the past three years and 15.81% in the past five years. It has $239.72 million in total assets, while its net expense ratio is 1.38%. EUGAX’s top three holdings are Farfetch Ltd Class A, Morgan Stanley InstlLqdty TrsSecs Instl and DSV Panalpina AS.