Offshore mutual funds are established and registered outside the United States and are not subject to U.S. regulations. Offshore mutual funds are however registered in jurisdictions like Ireland and Luxembourg and are subject to local European Union registration laws and regulations.

Similar to in the U.S., where mutual funds are registered on a state-by-state basis, offshore mutual fund families themselves determine which jurisdictions or countries their funds will be registered in and update their registrations to reflect where their funds may be sold. Schwab consumes this registration information through vendors like Morningstar and restricts purchase to clients residing only in those registered jurisdictions. Not every fund family is registered in every country or jurisdiction; the client's country of residence will determine the funds in which they are eligible to invest. Additionally, certain funds may only be available to specific investors such as high-net worth or institutional investors.

View independent offshore mutual funds analysis from Morningstar^® with easy-to-understand ratings.

Our investment professionals can help you learn how to research funds based on your goal, time horizon, and risk tolerance.

Screen for funds based on availability, category, rating, expense ratio, and more.

Access to over 250 funds from around the world—ranging from emerging markets to established markets.

• Offshore mutual funds are subject to jurisdictional and country restrictions, which may mean that not every fund is available in every jurisdiction, and availability is subject to change at any time without notice. 
• Investment techniques using financial derivative instruments may be used by some mutual funds with the aim of meeting the investment objective of the fund. Such investment policies or portfolio management techniques may lead to a higher volatility to the net asset value of the fund and can involve additional risk, including but not limited to counter-party default risk or insolvency.
• Additionally, offshore mutual funds are subject to political, economic, and currency instability risks in their respective jurisdiction of registration, as well as differences in financial accounting standards.

• Offshore mutual funds are actively managed by experienced investment managers such as JPMorgan, Franklin Templeton, and PIMCO.
• Schwab waives sales loads, transaction fees, and commissions for purchases of offshore mutual funds.* 
• Implement an array of strategies from conservative to moderate as well as sector-specific strategies such as industrials or finance.
• Potentially enjoy tax benefits from funds registered in tax-advantageous countries.