Bought a Japanese fund about 5 years ago and it's been down ever since. Just looked into some foreign growth funds, found that European equity funds seemed to be having the best growth over the past 5 years, so I bought some AGF. I had wanted India or Asia excl-Japan, but the European funds seemed to be better performers. The funny thing is, of the dozen or so funds in my portfolio, the best performers over the past 10 years have been the Canadian funds!!