Top 5 Best Performing Growth Mutual Funds Year to Date
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.
Read the analyst report on MXXVX
Read the analyst report on ARTRX
Read the analyst report on BFTHX
Read the analyst report on KLCAX
Read the analyst report on FDGRX
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