Non-U.S. mutual funds provide an excellent choice for those looking to diversify their investment across a wide range of foreign countries, including both emerging as well as developed nations. Meanwhile, in an environment where the global markets are expected to rally higher in the first quarter of 2017, non-U.S. mutual funds can be considered a stable investment choice in the wake of weak global growth.

Below we share with you 3 top-rated non-U.S. mutual funds. Each has earned a Zacks Mutual Fund Rank #1 (Strong Buy) and is expected to outperform its peers in the future. Investors can click here to see the complete list of Non-US Mutual Funds.

Vanguard Emerging Markets Stock Index Investor (VEIEX - Free Report) seeks return by investing its assets in common stocks of companies based in the emerging markets. VEIEX normally adopts an investment approach that tracks the overall performance of the benchmark index, FTSE Emerging Markets All Cap China A Inclusion Index. This index includes around 3,500 companies with different market-caps and from different emerging market nations. Vanguard Emerging Markets Stock Index Investor returned 30.5% over the past one year.

Jeffrey Miller is one of the fund managers of VEIEX since 2016.

DFA Emerging Markets Value R2 (DFEPX - Free Report) is a Feeder Portfolio that invests all its assets in the corresponding master fund (Dimensional Emerging Markets Value Fund). DFEPX seeks appreciation of capital for the long run. The fund invests heavily in emerging market securities that are considered to be Approved Markets securities. DFA Emerging Markets Value R2 returned 41.2% over the past one year.

As of November 2016, DFEPX held 2266 issues, with 3.25% of its assets invested in China Construction Bank Corp H.

Fidelity EMEA (FEMEX - Free Report) invests a bulk of its assets in equity securities of emerging Europe, Middle East and Africa (EMEA) companies. FEMEX seeks growth of capital. The fund allocates its assets in a wide variety of EMEA nations. It may invest nearly 35% of its assets in sectors that cover at least one-fifth of the EMEA market. Fidelity EMEA returned 48.3% over the past one year.

FEMEX has an expense ratio of 1.39% as compared with the category average of 1.47%.