International mutual funds can be broadly divided into four categories.\r\rGlobal funds: Many people confuse global funds with international mutual funds since the terms are often interchangeable, but they are not the same. Global funds invest all over the world, including the country the investor resides in. However, international funds do not invest in securities in the investor’s home country.\rRegional funds: Regional funds focus their investments on a specific geographical region, which could be anywhere in the world.\rCountry funds: Country funds invest their resources in securities exclusively from one foreign country. While it requires extensive research, it also allows investors to leverage a specified country’s economy.\rSectoral funds: Sectoral funds or global sector funds focus on a specific sector across multiple countries. These funds aim to invest in securities of only one sector to gain exposure.\rNow, let us look at a few cases of international mutual funds and their performances in different time periods.