Today we are featuring top-performing “Growth” equity mutual funds, which primarily invest in equity securities of companies in search of long-term growth.
Investors can find such funds by checking out the entire list of the Zacks #1 Rank Growth Equity Funds./>
3 Strong Samples
Reynolds Blue Chip Growth (RBCGX) was founded in August 1988. The investment seeks long-term capital appreciation.
The fund invests in common stocks of “blue chip” growth companies in the United States. In the long term, these companies build value as their earnings grow. This growth in value should ultimately be recognized in higher stock prices for these companies.
The fund’s key holdings include Apple Inc. (AAPL), Google Inc. (GOOG) and Vimpel-Communications (VIP).
Hussman Strategic Growth (HSGFX) invests primarily in U.S. stocks, with the objective of long-term capital appreciation, and places added emphasis on defending capital during unfavorable market conditions.
While choosing stocks, the fund seeks securities that display one or more of the favorable valuation, positive “surprises” in earnings and expected future growth rates estimated by Wall Street analysts and favorable market action. The fund has an expense ratio of 1.10%.
John P. Hussman has been lead manager at the fund since its inception in July 2000. The fund has outperformed the total returns of its benchmark index in the last 1-, 3- and 5-year periods.
Shepherd Large Cap Growth Fund (DOIGX) invests in a diversified portfolio of common stocks of companies in pursuit of capital growth.
The fund uses a bottom-up approach in choosing investments, emphasizing on U.S. companies that are global leaders in their industry. These firms generally have high returns on equity, dominant competitive positions, pricing power and predictable and consistent earnings growth.
Unit holders have to make a minimum initial investment of $1,000 to enter this Zacks #1 Rank (“Strong Buy”) fund. The fund distributes dividends and capital gains annually.
Discover Many More Funds
Learn more about the new Zacks Mutual Fund Rank and discover some of the best market-beating mutual funds by browsing our new mutual funds section. This part of Zacks.com offers a variety of tools, including mutual fund research, a new mutual fund screener, helpful answers to frequently asked questions and quick access to prospectuses and other information.
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.
