If you have the stomach to handle fairly high levels of volatility, then this is one European equity fund you will want to take a look at. Managed by the team of Chuk Wong and Benjamin Zhan, this is a great fund to own when markets are rising. Coming out of the 2009 low, this was the top performer, a feat it repeated after the 2011 selloff in 2012, 2013, and so far this year. But be warned: when markets go south, so does this fund, often selling off hard. Part of this volatility can be explained by its exposure to small and mid-cap names, which make up more than half the portfolio. It is fairly concentrated, holding just under 60 names, with a strong overweight allocation to financials and industrials. I would expect that this fund will outperform if we see a continuation of the rally, but you have to able to withstand the sharp drop when it sells off.