International Fund

International Index Fund
Vanguard Total International Stock Index (VGTSX)
This fund seeks to replicate the performance of stocks issued in countries such as Europe, the Pacific Region and emerging market countries. The constituents are derived from investments in three Vanguard funds; primarily the European Stock Index Fund, the Pacific Stock Index and the Emerging Stock Index Fund. The asset allocation is based on stocks in the Total International Composite index.

Wells Fargo Advantage International Equity Index Fund (WFISX)
This fund deploys 80% of its assets into companies that are located or operating outside the United States. The funds are ordinarily dispersed to a minimum of five countries with the ability to allocate up to 50% of total assets in one country and up to 25% of assets in emerging markets.

Fidelity International Discovery (FIGRX)
This international mutual fund invests for long term capital growth into foreign stocks. The fund considers the size of the market or region relative to the international market as a whole.

International Bond Fund (BEGBX)
American Century International Bond Investments
This fund seeks capital growth by investing in quality non US government and corporate debt securities from foreign countries. This includes regions such as Canada, Asia and Europe.

Investing in international funds needs to be matched with the investors risk tolerance and investment preferences. The cost of entry into funds needs to be considered. Management costs can significantly erode investment performance if the hold period is of short duration. Exchange traded funds are more suitable for investors who are looking to trade or capture short term moves. Emerging market based funds can also be subject to market gyrations so you need to understand the risk profile associated with the fund you choose. More conservative investors should choose investment vehicles that are designed to offset risk. Investment advisors can help you choose a fund that suits your objective.