Investors looking to make the most of positive market conditions would do well to consider aggressive growth funds. These funds invest heavily in underpriced stocks, IPOs and volatile securities in order to reap maximum benefits when markets are surging. Securities are selected on the basis of their issuing company’s potential for growth and profitability. By holding a larger number of securities and constantly adjusting portfolios, aggressive growth funds can offer less risk than investing in these instruments alone.
Below we will share with you 5 top rated aggressive growth funds. Each has earned a Zacks #1 Rank (Strong Buy) as we expect the fund to outperform its peers in the future. To view the Zacks Rank and past performance of all aggressive growth funds, then click here.
White Oak Select Growth (WOGSX - MF report) seeks capital appreciation. At least 80% of its assets are used to purchase common stocks. The fund focuses on acquiring securities of companies with market capitalizations higher than $5 billion. It selects companies which are underpriced relative to their future growth potential. This aggressive growth fund returned 64.16% over the last one year period.
James D. Oelschlager is the Fund Manager and he has managed this fund since 1992.
Pin Oak Aggressive Stock (POGSX - MF report) invests the majority of its assets in domestic stocks that demonstrate high growth potential. It concentrates on purchasing shares in small and medium domestic companies, with market capitalizations between $500 million and $5 billion. It is a no-load fund.
This aggressive growth fund has a five year annualized return of 4.26%.
AIM Dynamics (FIDYX) seeks capital growth over the long term. At least 65% of its assets are invested in equity securities of mid-cap companies. The aggressive growth fund returned 64.39% over the last one year period.
The aggressive growth fund has a minimum initial investment of $1,000 and an expense ratio of 1.21% compared to a category average of 1.47%.
Delaware Select Growth A (DVEAX - MF report) invests heavily in common stocks of companies. The fund selects companies which have the potential for capital growth over the long term and the ability to grow faster than the U.S. economy. It invests in companies of all sizes and market capitalizations, seeking out attractively priced securities. The aggressive growth fund returned 76.97% in the last one year period and has a five year annualized return of 3.46%.
As of December 2009, this aggressive growth fund held 61 issues, with 5.24% of its total assets invested in Apple, Inc.
Legg Mason ClearBridge Aggressive Growth A (SHRAX - MF report) invests in companies whose growth or earnings exceed the average rate of earnings growth of companies that make up the S&P 500 index. It purchases securities of prominent companies with large market capitalizations which have the ability to grow appreciably over the long term. This aggressive growth fund returned 59.94% over the last one year period.
The aggressive growth fund has a minimum initial investment of $1,000 and an expense ratio of 1.34% compared to a category average of 1.33%.
To view the Zacks Rank and past performance of all aggressive growth funds, then click here.
About Zacks Mutual Fund Rank
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. Learn more about the Zacks Mutual Fund Rank at http://www.zacks.com/funds/mutualfund/