BlackRock Inc. is one of the world’s largest asset management firms. With over $3.56 trillion worth of assets under management across all spectrums of financial assets and a geographical reach in over 60 countries it caters to all investor classes through a wide range of products and services. The company has strong risk management practices in place and seasoned portfolio management teams through which they seek to generate sustainable wealth for their investors.
Below we will share with you 5 top rated BlackRock funds. Each has earned a Zacks #1 Rank (Strong Buy) as we expect the fund to outperform its peers in the future. To view the Zacks Rank and past performance of all BlackRock funds, investors can click here to see the complete list of funds.
BlackRock Mid-Cap Growth Equity A (BMGAX) seeks capital growth over the long term. The fund invests a large share of its assets in domestic mid-cap companies with the potential to deliver high earnings growth. These firms must have market capitalizations identical to those which are included in the Russell Midcap Growth Index. The fund has a three year annualized return of 8.48%.
Eileen Leary is the fund manager and he has managed this BlackRock mutual fund since 2002.
BlackRock All-Cap Energy & Resources Investor A (BACAX) invests the majority of its assets in equity securities of global energy and natural resources companies and companies in related businesses. A minimum of 25% of its assets are invested in energy or natural resources firms. The fund has a ten year annualized return of 2.84%.
The BlackRock fund has a minimum initial investment of $1,000 and an expense ratio of 1.34% compared to a category average of 1.66%.
BlackRock US Opportunities A (BMEAX) seeks long term capital growth. The fund invests a large share of its assets in domestic “emerging capitalization” companies with the potential for earnings growth. “Emerging capitalization” companies are those which have market capitalizations identical to those included in the Russell Midcap Index. The fund has a three year annualized return of 8.36%.
As of October 2012, this Blackrock mutual fund held 141issues, with 1.86% of its total assets invested in SBA Communications Corp.
BlackRock Small Cap Growth II A (MDSWX) invests the majority of its assets in small cap equity securities. The fund invests heavily in domestic issuers whose market capitalisations are identical to those included in the Russell 2000 or the S&P SmallCap 600 Indices. The fund has a three year annualized return of 12.39%.
Andrew Thut is the fund manager and she has managed this BlackRock mutual fund since 2006.
BlackRock Emerging Market Local Debt A (BAEDX) seeks maximum total return over the long term. A minimum of 65% of the fund’s assets are invested in domestic and foreign fixed income securities and derivatives issued from emerging markets. Derivatives purchased may be denominated in any currency. The fund has a three year annualized return of 10.58%.
The BlackRock fund has a minimum initial investment of $1,000 and an expense ratio of 1.25% compared to a category average of 1.26%.
To view the Zacks Rank and past performance of all BlackRock 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.
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