A Brief Look into State Farm Growth Fund (STFGX)
State Farm Growth (STFGX) a Zacks Rank #1 (Strong Buy) seeks long-term growth of capital, which may be supplemented by income. STFGX invests, under normal circumstances, at least 80% of its assets in common stocks and other income-producing equity securities. The manager chooses stocks for STFGX's portfolio for their long-term potential to generate capital gains, but may also consider a stock's long-term potential to generate growth in income. Although there is no restriction on the size of the companies in which STFGX invests, ordinarily most of STFGX’s investments are in companies with market capitalizations of at least $1.5 billion.
State Farm Growth, managed by State Farm, carries an expense ratio of 0.12%. Moreover, STFGX requires a minimal initial investment of $250.
STFGX has a history of positive total returns for over 10 years. Specifically, the fund’s returns over the 1, 3 and 5 year benchmarks; 1 year 14.31%, 3 year 6.80% and 5 year 11.16%. To see how this fund performed compared in its category and other #1 and #2 Ranked Mutual Funds, please click here .
STFGX’s performance, as of the last filing, when compared to funds in its category was in the top 18% in 1 year, top 34% over the past 3 years, and in the 72% over the past 5 years.
This fund, as of the last filing, allocates their fund in four major groups; Large Value, Large Growth, Foreign Stock and Precious Metal.
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