Top international fund of 2012: can European markets rebound?

FNORX chart

Standard & Poor's downgraded Greece today to selective default status. However, investors seem to be eager to look ahead and have already started bidding up stock prices in selective European markets, most notably in Northern Europe. As the result, the Fidelity Nordic fund (FNORX, last change: -1.07%) overtook emerging market funds recently and stands now as the top international investment of 2012.


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