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All our foreign exposure is either through ETFs (wife's portfolio) or individual stocks (mine).

When you look through the top holdings of those funds, the majority are available to North American retail investors through ADRs.

I think with so many products on the market now, its quite easy to get adequate exposure to foreign markets - no need to rely on the heavy-weight mutual funds anymore. Also, with a basket of ETFs, you can get exposure to 'hotter' markets like the BRIC countries if you are interested, whereas those 'global funds' you mention have very little.
 
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