Is there a difference between global funds and international funds?
Yes. Global fund managers invest in stocks of companies throughout the world - including those of the United States. International fund managers invest in stocks of companies outside of the United States or its domestic economy.
More and more, we hear about America being part of the global economy, and about American workers and firms having to compete in the global economy. U.S. businesses, both small and large, have been adapting to this global economy by restructuring their assets, personnel and marketing focuses. Many American companies and brands are globally accepted by consumers worldwide.
In the same way, many foreign companies have plants in the United States and their products are widely accepted by American consumers. The world is becoming smaller through a global economy that provides mutual benefits through increased trade and improved standards of living. Nowadays, nations have more of an incentive to get along economically, and therefore need to maintain harmonious relations. Can you imagine a business offending or upsetting an important customer? The same holds true for nations dependent upon each other for their economic well-being.
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