We use cookies to understand how you use our site and to improve your experience. This includes personalizing content and advertising. To learn more, click here. By continuing to use our site, you accept our use of cookies, revised Privacy Policy and Terms of Service.
You are being directed to ZacksTrade, a division of LBMZ Securities and licensed broker-dealer. ZacksTrade and Zacks.com are separate companies. The web link between the two companies is not a solicitation or offer to invest in a particular security or type of security. ZacksTrade does not endorse or adopt any particular investment strategy, any analyst opinion/rating/report or any approach to evaluating individual securities.
If you wish to go to ZacksTrade, click OK. If you do not, click Cancel.
4 Best Large-Cap Growth Mutual Funds for Long-Term Gains
Read MoreHide Full Article
Growth funds focus on realizing an appreciable amount of capital growth by investing in stocks of firms whose value is projected to rise over the long term. However, a relatively higher tolerance to risk and the willingness to park funds for the longer term are necessary when investing in these securities. This is because these may experience relatively more fluctuations than other fund classes.
Meanwhile, large-cap funds are ideal investment options for those seeking a high return potential that comes with lower risk than small-cap and mid-cap funds. These funds have exposure to large-cap stocks, providing a long-term performance history and assuring more stability than what mid or small caps offer.
Hancock Horizon Growth Investor invests the majority of its assets in U.S. common stocks. HHRAX invests in companies with medium to large market capitalizations, with earnings expected to grow at an above average rate. Hancock Horizon Growth Investor has a three-year annualized return of 7.2%.
HHRAX has an expense ratio of 1.27% compared with the category average of 1.29%.
Praxis Growth Index A (MGNDX - Free Report) seeks long-term capital growth. MGNDX invests a major portion of its assets in securities of domestic large-cap companies included in the Standard & Poor's 500 Growth Index. MGNDX maintains a portfolio to track the performance of the fund’s benchmark index. Praxis Growth Index A has a three-year annualized return of 10.2%.
Dale Snyder is the fund manager since 2013.
Schwab Large-Cap Growth (SWLSX - Free Report) invests the majority of its assets in common stocks of large-cap companies with a market capitalization similar to those in the Russell 1000 Index. Schwab Large-Cap Growth has a three-year annualized return of 8.9%.
As of September 2016, SWLSX held 121 issues with 4.47% of its assets invested in Apple Inc.
Loomis Sayles Growth A (LGRRX - Free Report) seeks long-term capital appreciation. The fund invests in equities such as common stocks and warrants of large-cap companies. LGRRX may also invest, to a lesser extent, in small- and mid-cap companies. Moreover, LGRRX invests in multiple sectors and industries. Loomis Sayles Growth A has a three-year annualized return of 12.4%.
Aziz V. Hamzaogullari is the fund manager of LGRRX since 2010.
Image: Bigstock
4 Best Large-Cap Growth Mutual Funds for Long-Term Gains
Growth funds focus on realizing an appreciable amount of capital growth by investing in stocks of firms whose value is projected to rise over the long term. However, a relatively higher tolerance to risk and the willingness to park funds for the longer term are necessary when investing in these securities. This is because these may experience relatively more fluctuations than other fund classes.
Meanwhile, large-cap funds are ideal investment options for those seeking a high return potential that comes with lower risk than small-cap and mid-cap funds. These funds have exposure to large-cap stocks, providing a long-term performance history and assuring more stability than what mid or small caps offer.
Below we share with you four top-ranked large-cap growth mutual funds. Each has earned a Zacks Mutual Fund Rank #1 (Strong Buy) and is expected to outperform its peers in the future. Investors can click here to see the complete list of all the large-cap growth mutual funds, their Zacks Rank and past performance.
Hancock Horizon Growth Investor invests the majority of its assets in U.S. common stocks. HHRAX invests in companies with medium to large market capitalizations, with earnings expected to grow at an above average rate. Hancock Horizon Growth Investor has a three-year annualized return of 7.2%.
HHRAX has an expense ratio of 1.27% compared with the category average of 1.29%.
Praxis Growth Index A (MGNDX - Free Report) seeks long-term capital growth. MGNDX invests a major portion of its assets in securities of domestic large-cap companies included in the Standard & Poor's 500 Growth Index. MGNDX maintains a portfolio to track the performance of the fund’s benchmark index. Praxis Growth Index A has a three-year annualized return of 10.2%.
Dale Snyder is the fund manager since 2013.
Schwab Large-Cap Growth (SWLSX - Free Report) invests the majority of its assets in common stocks of large-cap companies with a market capitalization similar to those in the Russell 1000 Index. Schwab Large-Cap Growth has a three-year annualized return of 8.9%.
As of September 2016, SWLSX held 121 issues with 4.47% of its assets invested in Apple Inc.
Loomis Sayles Growth A (LGRRX - Free Report) seeks long-term capital appreciation. The fund invests in equities such as common stocks and warrants of large-cap companies. LGRRX may also invest, to a lesser extent, in small- and mid-cap companies. Moreover, LGRRX invests in multiple sectors and industries. Loomis Sayles Growth A has a three-year annualized return of 12.4%.
Aziz V. Hamzaogullari is the fund manager of LGRRX since 2010.
To view the Zacks Rank and past performance of all large-cap growth mutual funds, investors can click here to see the complete list of funds.
Want key mutual fund info delivered straight to your inbox?
Zacks’ free Fund Newsletter will brief you on top news and analysis, as well as top-performing mutual funds, each week. Get it free >>