Rowe Price New Asia Fund, which FORBES rates a "B" in bull markets but a "D" in down markets, likes International Container Terminal Services, a port operator with headquarters in the Philippines and with other holdings in places as far-flung as Poland and Brazil.

FORBES: Thrilla in Manila

Croft Value received a B rating for both bull and bear markets in FORBES' most recent quarterly fund ratings.

FORBES: Beyond Low Price-Earnings Ratios

Rowe Price Latin America Fund, which FORBES rates A for bull market performance and B for bear markets.

FORBES: Stepping South Of The Border