Global equity mutual funds reported $2.3B in net inflows, driven largely by strong European banking sector earnings. Strategic allocation to underpriced international equities is a theme emerging among forward-looking investing mutual funds. Costs are increasingly important for mutual fund investing, and particularly as competition heats up in this market. And all things being equal, a lower cost product will outperform its otherwise identical counterpart, so taking a closer look at these metrics is key for investors. In terms of fees, MIOIX is a no load fund. It has an expense ratio of 1.00% compared to the category average of 0.95%. From a cost perspective, MIOIX is actually more expensive than its peers. As the industry evolves, so does opportunity, giving investors the potential to unlock value by accessing new strategies and markets in the ETF wrapper in their portfolios. Latest market data shows the S&P 500 inching up 0.8% this week, with tech-heavy NASDAQ gaining 1.2% on strong AI earnings. For those investing mutual funds, growth-oriented funds tracking large-cap tech have outperformed value funds in Q2, delivering an average YTD return of 14.5%, significantly above the sector average.