Sponsored Links 
Top Financial Equity Funds
Print
ShareToday we are featuring top-performing “Financial" equity mutual funds , which primarily invest in equity securities of financial services and related companies.
Investors can find such funds by checking out the entire list of the Zacks #1 Rank Financial Equity Funds.
3 Great Picks
Federated International Leaders A (FGFAX) seeks long-term growth of capital. Income is a secondary consideration. It was incepted in September 1998.
The fund invests primarily in equity securities of financial services companies located in both domestic and international markets. The fund can invest in companies with any market capitalization.
The fund offers dividends and capital gains annually. It has an expense ratio of 1.75%.
Marc Halperin has been lead manager of the fund since September 1998. Prior to joining Federated Investors, he was an associate with UOB Asset Management.
Davis Financial A (RPFGX) was incepted in May 1991. It seeks long-term growth of capital.
The fund invests at least 80% of its net assets in securities issued by companies engaged in the financial services sector. It has the flexibility to invest a limited portion of its assets in companies which are not part engaged in finance related activities.
Shareholders have to make a minimum initial investment of $1,000 to enter this Zacks#1 Rank (“Strong Buy”) fund. It offers dividends and capital gains annually.
Kenneth Charles Feinberg has been lead manager of the fund since May 1997. Feinberg holds an M.B.A. degree from Columbia University and joined Davis Advisors in 1994.
Alpine Dynamic Financial Services Fund (ADFSX) was incepted in August 1987. The investment seeks a high level of current income consistent with prudent investment risk.
The fund invests primarily in investment-grade debt securities. It normally invests at least 80 percent of the value of its net assets in bonds.
The fund declares dividends daily, except the dividends for Saturdays, Sundays and holidays which are declared on the next business day and paid monthly. As of April 2009, it has a portfolio turnover of 264%.
Peter Kovalski has been lead manager of the fund since November 2005. Kovalski holds the Chartered Financial Analyst designation.
Discover Many More Funds
Learn more about the new Zacks Mutual Fund Rank and discover some of the best market-beating mutual funds by browsing our mutual funds section. This part of Zacks.com offers a variety of tools, including mutual fund research, a new mutual fund screener, helpful answers to frequently asked questions and quick access to prospectuses and other information.
By applying the Zacks Rank to mutual funds, investors can find funds that not only outpaced the market in the past but are also expected to outperform going forward.
Read the full analyst report on FGFAX
Read the full analyst report on RPFGX
Read the full analyst report on ADFSX
Loading Stories...
-1.17 %
More Zacks Resources
More Zacks Links
| Market Summary | Feb 10, 2012 19:18 pm ET |