3. Europe

Though the Eurozone credit scared the European markets last summer, it has bounced back a lot. Still, it is attractive to value investors and contrarians, who make money by betting. “We are only part of the way back, and that's why Europe is interesting,” says James Hunt, Manager of the Tocqueville International Value Fund. Zendi predicts, “The economies are not great, but it's not as bad as the market thinks”. He also adds up by saying “Europe will be out of recession by the end of the year.”

John Hancock, Arbuthnot of Global Opportunities Fund, a contrarian Investor, says “he's finding some of the best bargains in Italy.” It’s been said that these stocks are “bombed out” because of uncertainty about the impact of government’s strictness, he says. So a lot of stocks look cheap contrary to their potential. Some of the better investment options are - iShares MSCI Norway Capped Investable Market Index Fund, iShares MSCI France Index Fund, iShares MSCI Germany Index Fund and iShares MSCI Italy Index Fund.