Top 5 Pacific Mutual Funds - Best of Funds

The Pacific Basin is one of the world's most diverse and economically vibrant regions. Among its inherent strengths are cutting-edge technological capabilities and a burgeoning savings pool. Renowned centers of production and fast growing potential markets in this part of the world also ensure that it is an exciting investment destination. With a high degree of diversification between developed and developing markets, mutual funds from this sector present a healthy mix of growth opportunities and safety for capital invested.

Below we will share with you 5 top rated Pacific mutual funds. Each has earned a Zacks #1 Rank (Strong Buy) as we expect these mutual funds to outperform its peers in the future. To view the Zacks Rank and past performance of all Pacific funds, then click here.

Allianz NACM Pacific Rim A (PPRAX) seeks capital growth over the long term. The majority of the fund's assets are utilized to purchase equity securities of companies with economic linkages to Pacific Rim countries. It invests in emerging market countries and purchases securities of at least three Pacific region countries at any given time. The Pacific mutual fund has a ten year annualized return of 7.15%.

Pedro V. Marcal is the fund manager and has managed this Pacific mutual fund since 2007.

Matthews Pacific Tiger (MAPTX) invests at least 80% of its assets include borrowings for investment purposes are invested in Asian companies. The fund focuses on purchasing common and preferred stock and does not invest in Japanese companies. The Pacific fund has a three year annualized return of 9.31%.

As of March 2011, this Pacific mutual fund held 72 issues, with 3.13% of its total assets invested in Hyundai Mobis.

Fidelity Advisor Emerging Asia A (FEAAX) seeks capital appreciation over the long term. The fund invests at least 80% of its assets in companies from Asian emerging markets. The fund looks to acquire common stocks as well as investments with economic linkages to emerging markets from the region. The Pacific fund returned 36.18% over the last one year period.

The Pacific fund has a minimum initial investment of $2,500 and an expense ratio of 1.40% compared to a category average of 1.78%.

Invesco Asia Pacific Growth A (ASIAX) invests a large share of its assets in companies from the Asia Pacific region, with the exception of Japan. The fund focuses on acquiring marketable equity securities but may also invest in derivatives. The Pacific mutual fund has a five year annualized return of 13.83%.

Barrett Sides is the fund manager and has managed this Pacific mutual fund since 1997.

Wells Fargo Advantage Asia Pacific (SASPX) seeks capital growth over the long term. The fund focuses on purchasing securities of companies which have the potential for superior earnings growth, sufficient financial resources and an efficient management team. The Pacific mutual fund returned 25.85% in the last one year period.

The Pacific fund has a minimum initial investment of $2,500 and an expense ratio of 1.65% compared to a category average of 1.59%.

To view the Zacks Rank and past performance of all Pacific mutual funds, then click here.

About Zacks Mutual Fund Rank

By applying the Zacks Rank to mutual funds, investors can find funds that not only outpaced the market in the past but are also expected to outperform going forward. Learn more about the Zacks Mutual Fund Rank at http://www.zacks.com/funds.