Tuesday, May 10, 2011

Best Aggressive Growth Mutual Funds

Best Aggressive Growth Mutual Funds : Aggressive growth mutual funds invest in companies which have the potential for attractive growth in earnings, cash flow and total worth. These funds focus on acquiring attractively priced stocks, IPOs and volatile securities in order to harness gains from a rising market. However, such securities show high levels of price volatility and are thus suitable only for investors with an appetite for risk. Mutual funds offer a secure option to invest in these instruments by holding a wide range of securities and responding to prevailing market conditions by adjusting portfolios.

Below we will share with you 5 top rated aggressive growth mutual funds. Each has earned a Zacks #1 Rank (Strong Buy) as we expect these mutual funds to outperform their peers in the future.

Bridgeway Aggressive Investors 1 (BRAGX) seeks to provide higher total return than the stock market at levels of risk which the market experiences over long periods. The fund may purchase stocks with relatively lower levels of market liquidity. This aggressive growth mutual fund returned 24.37% in the last one year period.

John Montgomery is the fund manager and has managed this aggressive growth mutual fund since 1994.

Westcore MIDCO Growth (WTMGX) primarily invests in stocks of medium-sized companies with significant growth potential. The majority of its assets are invested in mid-cap companies with market capitalizations similar to those included in the Russell Mid-cap Growth index. This aggressive growth mutual fund has a five year annualized return of 5.37%.

The aggressive growth mutual fund has a minimum initial investment of $2,500 and an expense ratio of 1.05% against a category average of 1.42%.

Waddell & Reed New Concepts A (UNECX) seeks capital growth by investing in mid-cap companies with above-average growth potential. It focuses on purchasing common stocks of domestic firms, but may also invest in foreign companies. The aggressive growth fund returned 33.79% in the last one year period. As of March 2011, this aggressive growth fund held 71 issues, with 2.98% of its total assets invested in Fastenal Company.

Virtus Mid-Cap Growth A (PHSKX) invests at least 80% of its assets in common stocks of companies whose market capitalizations are identical to firms included in the Russell Midcap Growth Index. The fund focuses on investing in mid-cap companies by evaluating company fundamentals, investor interest and valuations. The aggressive growth mutual fund has a three year annualized return of 6.13%.

Daniel L. Sido is the fund manager and has managed this aggressive growth mutual fund since 2006.

Vanguard Strategic Equity (VSEQX) seeks capital growth over the long term. The fund purchases stocks of small and mid-cap companies depending on the ability of these securities to provide returns. This aggressive growth mutual fund returned 25.42% in the last one year period.

The aggressive growth mutual fund has a minimum initial investment of $10,000 and an expense ratio of 0.30% against a category average of 1.34%. Source Zacks Mutual Fund Rank ...
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