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Top 5 Aggressive Growth Mutual Funds

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By: Zacks Investment Research
March 25, 2011 | Comment(s): 0
Recommended this article (6)

Aggressive growth funds are the best possible choice for investment purposes when the markets are on an upswing. These funds look at picking up volatile securities, low priced stocks and IPOs, seeking to maximize gains during such positive phases. They primarily select companies which have shown impressive growth and have the ability to deliver impressive profits in the future. Investors with the ability to undertake some amount of risk and the willingness to let capital growth take precedence over dividends would do well to consider aggressive growth funds.

Below we will share with you 5 top rated aggressive growth mutual funds. Each has earned a Zacks #1 Rank (Strong Buy) as we expect these mutual funds to outperform their peers in the future. To view the Zacks Rank and past performance of all aggressive growth funds, then click here.

Bridgeway Aggressive Investors 1 (BRAGX) seeks to provide higher total return than the stock market at levels of risk which the market experiences over long periods. The fund may purchase stocks with relatively lower levels of market liquidity. This aggressive growth mutual fund returned 30.58% in the last one year period.

The aggressive growth mutual fund has a minimum initial investment of $2,000 and an expense ratio of 1.02% against a category average of 1.42%.

Franklin Growth Opportunities A (FGRAX) invests in stocks of companies with above average growth potential and may consider investing in small and mid-sized companies. The fund may also purchase foreign securities and invest in a specific sector such as technology. The aggressive growth mutual fund has a five year annualized return of 5.74%

As of December 2010, this aggressive growth mutual fund held 85 issues, with 4.36% of its total assets invested in Apple, Inc.

Needham Aggressive Growth (NEAGX) seeks capital appreciation. Equity securities of domestic companies constitute at least 65% of the fund’s investments. The fund invests in companies of all sizes but concentrates on smaller firms. The aggressive growth mutual fund has a three year annualized return of 16.09%.

John Barr is the fund manager and has managed this aggressive growth mutual fund since 2010.

Westcore MIDCO Growth (WTMGX) primarily invests in stocks of medium-sized companies with significant growth potential. The majority of its assets are invested in mid-cap companies with market capitalizations similar to those included in the Russell Mid-cap Growth index. This aggressive growth mutual fund returned 35.35% in the last one year period.

The aggressive growth mutual fund has a minimum initial investment of $2,500 and an expense ratio of 1.05% against a category average of 1.42%.

Wells Fargo Advantage Omega Growth A (EKOAX) invests a major portion of its assets equity securities without regard to the size of the issuer. The fund may utilize derivatives such as futures and options in order to achieve its investment objectives. The aggressive growth mutual fund has a ten year annualized return of 4.77%.

Aziz Hamzaogullari is the fund manager and has managed this aggressive growth mutual fund since 2006.

To view the Zacks Rank and past performance of all aggressive 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.

Read the full analyst report on BRAGX

Read the full analyst report on FGRAX

Read the full analyst report on NEAGX

Read the full analyst report on WTMGX

Read the full analyst report on EKOAX

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