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3 Zacks Rank #1 Large-Cap Growth Funds to Boost Your Returns
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Growth funds focus on realizing an appreciable amount of capital growth by investing in stocks of firms, the value of which 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 the 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.
Vanguard Growth Index Investor (VIGRX - Free Report) seeks long-term capital growth by investing in equity securities of large-cap companies. VIGRX employs an indexing investment approach. The fund aims to track the performance of the CRSP US Large Cap Growth Index by investing most of its assets in the stocks that make up the index. Vanguard Growth Index has a one-year annualized return of 26.8%.
Walter Nejman is one of the fund managers of VIGRX since 2016.
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 on the Russell 1000 Index. SWLSX seeks capital appreciation for the long run. Schwab Large-Cap Growth has a one-year annualized return of 26.2%.
SWLSX has an expense ratio of 1.00% as compared to the category average of 1.18%.
TIAA-CREF Growth & Income Retail (TIIRX - Free Report) seeks growth of income and capital. TIIRX invests a major portion of its assets in equity securities. It will invest in securities which the fund's investment adviser believes have the potential for capital appreciation, dividend income, or both.TIAA-CREF Growth & Income Retail has a one-year annualized return of 28.3%.
As of December 2016, TIIRX held 236 issues with 3.59% of its assets invested in Apple Inc.
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3 Zacks Rank #1 Large-Cap Growth Funds to Boost Your Returns
Growth funds focus on realizing an appreciable amount of capital growth by investing in stocks of firms, the value of which 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 the 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 three 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.
Vanguard Growth Index Investor (VIGRX - Free Report) seeks long-term capital growth by investing in equity securities of large-cap companies. VIGRX employs an indexing investment approach. The fund aims to track the performance of the CRSP US Large Cap Growth Index by investing most of its assets in the stocks that make up the index. Vanguard Growth Index has a one-year annualized return of 26.8%.
Walter Nejman is one of the fund managers of VIGRX since 2016.
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 on the Russell 1000 Index. SWLSX seeks capital appreciation for the long run. Schwab Large-Cap Growth has a one-year annualized return of 26.2%.
SWLSX has an expense ratio of 1.00% as compared to the category average of 1.18%.
TIAA-CREF Growth & Income Retail (TIIRX - Free Report) seeks growth of income and capital. TIIRX invests a major portion of its assets in equity securities. It will invest in securities which the fund's investment adviser believes have the potential for capital appreciation, dividend income, or both.TIAA-CREF Growth & Income Retail has a one-year annualized return of 28.3%.
As of December 2016, TIIRX held 236 issues with 3.59% of its assets invested in Apple Inc.
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.
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