Uncertainty continues in Europe with Italy now rising to the forefront as the trouble spot. Meanwhile, several leading European shares trade at single-digit forward P/Es, yielding handsome dividends. How do you take advantage of opportunities available in global stock markets while managing risk? The AlphaProfit's no-load mutual fund model portfolio has gained 51% since the start of 2009 compared to the 32% advance for its benchmark comprising of broad U. S. and foreign indexes. The model portfolio will be reconstituted with best no load mutual funds for 2012 on November 18. Learn more about AlphaProfit's Free and Premium investment newsletters .