USAA World Growth (USAWXÂ -Â MF report)Â a Zacks Ranked #2 (Buy) was established in January 1992 and is managed by USAA Investment Management Company. USAWX has an objective of capital appreciation. USAWX attempts to achieve this objective by investing the fund’s assets mostly in a mix of foreign (including emerging market) and domestic equity securities. Under normal market conditions, USAWX’s investments are diversified in at least three countries, one of which is the United States. USAWX pays dividends and capital gains annually.
This Global Equity fund, as of the last filing, allocates their fund in three major groups; Foreign Stock, Large Value and Large Growth. As of the last filing, Walt Disney Company (DIS), Nestlé S.A.(NSRGY), and Reckitt Benckiser Group Plc. (RBGLY) were the top holdings for USAWX.
The USAA World Growth, managed by USAA Group, carries an expense ratio of 1.16, and requires a minimal initial investment of $3,000.
USAWX has a history of strong positive total returns for over 10 years. Specifically, the fund’s returns over the 1, 3, 5 year benchmarks; 1 year 5.09%, 3 years 18.20% and 5 years 14.80%. To see how this fund performed compared in its category, please click here.
USAWX’s performance, as of the last filing, when compared to funds in its category was in the top 45% in 1 year, top 25% over the past 3 years, and in the top 17% over the past 5 years.
