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Top 5 Best Performing Growth Mutual Funds
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ShareInvestors who choose capital growth over current income would do well to consider growth funds. This category of funds attempts to ensure maximum possible capital gains by investing in companies whose value is expected to increase significantly in the future. Tolerance for a reasonable amount of risk and a long-term approach to investing is required to realize the full potential of these funds. However, the risk involved is much lower when compared to sectoral funds and may be reduced further by funds with a conservative approach.
Below we will share with you the 5 best performing growth mutual funds year to date. To view the Zacks Rank and past performance of all growth funds, then click here.
| Mutual Fund | Zacks Rank | Total Return YTD |
| Tilson Focus | #1 Strong Buy | 11.8% |
| Berkshire Focus | #1 Strong Buy | 9.0% |
| Monetta Mid-Cap Equity | #1 Strong Buy | 7.7% |
| Wintergreen | #1 Strong Buy | 6.1% |
| Loomis Sayles Mid Cap Growth A | #1 Strong Buy | 5.7% |
Tilson Focus (TILFX) seeks capital appreciation. It primarily invests in companies whose equity securities are undervalued. It focuses on common stocks but may also purchase other equity securities. It seeks out companies whose stocks are trading at a considerable discount. The growth mutual fund returned 27.93% over the last one year period. The growth mutual fund has a minimum initial investment of $1,500 and an expense ratio of 2.07% compared to a category average of 1.38%.
Berkshire Focus (BFOCX) primarily invests in 20-30 common stocks of companies with the ability to return significant growth over the long term. These firms are expected to outperform the economy as a whole, concentrating on capital growth with little emphasis on income from dividends. At least 25% of its assets may be invested in the technology sector. The growth mutual fund has a five year annualized return of 8.25%.
Malcolm R Fobes III is the fund manager has managed this growth mutual fund since 1997.
Monetta Mid-Cap Equity (MMCEX) seeks capital growth over the long term. The majority of the fund’s assets are utilized to purchase equity securities of companies whose market cap is between $1 billion to $10 billion. It focuses on investing in companies from volatile industry segments. The growth mutual fund returned 21.23% over the last one year period.
As of March 2010, this growth mutual fund held 37 issues, with 4.04% of its total assets invested in Financial Select Sector SPDR.
Wintergreen (HSGFX) invests primarily in equity securities from any country which are attractively priced compared to their intrinsic value. The fund focuses on acquiring common or preferred stock and related convertible securities. It invests without limit in foreign securities. It is a no-load fund.
The growth mutual fund returned 17.52% over the last one year period.
Loomis Sayles Mid Cap Growth A (LAGRX) seeks capital appreciation over the long term. The majority of its assets are invested in companies whose market cap is within the range of the Russell Midcap Growth Index. Equity securities such as common and preferred stocks as well as convertible securities constitute its major investments. The growth mutual fund has a five year annualized return of 3.44%.
The growth mutual fund has a minimum initial investment of $2,500 and an expense ratio of 1.25% compared to a category average of 1.47%.
To view the Zacks Rank and past performance of all growth mutual 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/
Read the full analyst report on TILFX
Read the full analyst report on BFOCX
Read the full analyst report on MMCEX
Read the full analyst report on HSGFX
Read the full analyst report on LAGRX
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| Market Summary | May 26, 2012 08:31 am ET |
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