Top 5 Best Performing Growth Mutual Funds Year to Date - Best Performing Funds Year To Date
May 30 2012 - 11:14AM
Zacks
Large-cap growth funds are usually ignored by growth oriented
investors in favor of mid and even small-cap growth funds. This is
because they invest in established companies , less volatile in
nature and thus provide appreciably lower returns due to limited
growth potential compared to their mid and small cap counterparts
However, in recent times they have provided better returns than all
others. In difficult times, the relative stability that they
provide has also become a much valued quality. Such funds can form
the core long-term holdings of most portfolios. At the same time,
they are more volatile than large-cap value funds and therefore
provide higher returns.
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, investors can click here to see
the complete list of funds.
Mutual Fund
|
Zacks Rank
|
Total Return YTD
|
Matthew 25
|
#1 Strong Buy
|
22.4%
|
Artisan Growth Opportunities
|
#1 Strong Buy
|
21.2%
|
Baron Fifth Avenue Growth Retail
|
#1 Strong Buy
|
21.2%
|
Federated Kaufmann Large Cap A
|
#1 Strong Buy
|
21.1%
|
Fidelity Growth Company
|
#1 Strong Buy
|
20.0%
|
Matthew 25 (MXXVX) seeks capital
growth over the long term. The fund invests a wide range of listed
companies which meet the exacting qualities it requires. Not more
than 25% of its assets may be utilized to purchase bonds. The
growth mutual fund returned 20.01% in the last one year
period.
The growth mutual fund has a minimum initial investment of
$10,000 and an expense ratio of 1.22% compared to a category
average of 1.27%.
Artisan Growth Opportunities (ARTRX) focuses on investing
in equity securities issued by domestic and foreign companies. The
fund invests in both mature economies and emerging markets and may
purchase depository receipts. The growth mutual fund returned 2.27%
in the last one year period.
James D. Hamel is the fund manager has managed this growth
mutual fund since 2008.
Baron Fifth Avenue Growth Retail (BFTHX) seeks capital
appreciation. The fund focuses on acquiring common stock of
large-cap companies. These firms must be growth oriented and have
capitalizations in excess of $5 billion when the stock is
purchased. It aims to invest in securities which could double their
value in a five-year period. The growth mutual fund returned 10.48%
in the last one year period.
As of March 2012, this growth mutual fund held 44 issues, with
7.48% of its total assets invested in Apple, Inc.
Federated Kaufmann Large Cap A (KLCAX) invests heavily in
large-cap companies which are listed on national securities
exchanges, the Nasdaq and tradable on the OTC market. A maximum of
30% of its assets may be utilized to purchase foreign securities
from both mature and emerging economies. The growth mutual fund
returned 6.15% in the last one year period.
The growth mutual fund has a minimum initial investment of
$1,500 and an expense ratio of 1.50% compared to a category average
of 1.27%.
Fidelity Growth Company (FDGRX) seeks capital growth. The
fund focuses on investing in common stocks. The fund selects
companies using fundamental analysis and on the basis of their
growth potential. It invests in both domestic and foreign firms.
The growth mutual fund returned 7.42% in the last one year
period.
Steven S. Wymer is the fund manager has managed this growth
mutual fund since 1996.
To view the Zacks Rank and past performance of all growth mutual
funds, investors can click here to see the complete list of
funds.
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.
To read this article on Zacks.com click here.
Zacks Investment Research