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5 Best-Performing Growth Mutual Funds This Year

5 Best-Performing Growth Mutual Funds This Year 5 Best-Performing Growth Mutual Funds This Year

Ask any advisor and he or she will tell you that clients can’t get enough of long-term growth mutual funds because they provide an opportunity to get a small slice of many fast-growing companies – and the portfolio-igniting potential they promise – without having to place comparatively large bets on just a couple of up-and-comers.


Of course, as with any other “growth” investment, the expected rewards don’t come without a higher degree of risk. Some fund managers are better (or luckier) than others.


Here’s an interactive slide show featuring the five best-performing growth mutual funds so far this year.


Source: Zacks.com

1. Artisan Growth Opportunities (ARTRX) 1. Artisan Growth Opportunities (ARTRX)

Fund Family: Artisan Funds


Percentage Gain in 2012: 17.6%


Top Portfolio Holdings: Google, Apple, Monsanto and Starbucks.


Profile: 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 has a three-year annualized return of 32.01%.

2. Sit Mid Cap Growth (NBNGX) 2. Sit Mid Cap Growth (NBNGX)

Fund Family: Sit Mutual Funds


Percentage Gain in 2012: 16%


Top Portfolio Holdings: Ecolab, TJX, Cognizant Tech Solutions and Cummins Inc.


Profile: Seeks to maximize capital growth over the long term. The fund invests the majority of its assets in common stocks of companies whose market capitalizations are between $2 billion and $15 billion. It focuses on investing in domestic growth-oriented small to mid-cap companies. The growth mutual fund has a three-year annualized return of 28.6%.


The growth mutual fund has a minimum initial investment of $5,000 and an expense ratio of 1.20% compared to a category average of 1.37%.

3. Fidelity Growth Company (FDGRX) 3. Fidelity Growth Company (FDGRX)

Fund Family: Fidelity


Percentage Gain in 2012: 15.9%


Top Portfolio Holdings: Apple, Exxon Mobil, Google and Salesforce.com.


Profile: 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 has a three-year annualized return of 30.56%.


Steven S. Wymer is the fund manager and has managed this growth mutual fund since 1997.

4. Chesapeake Core Growth (CHCGX) 4. Chesapeake Core Growth (CHCGX)

Fund Family: GardnerLewis


Percentage Gain in 2012: 14.9%


Top Portfolio Holdings: Apple, Humana, EOG Resouces and Google.


Profile: Seeks capital growth. A minimum of 90% of its assets are utilized to purchase equity securities. A large share of these securities is invested in largest 1,000 domestic companies on the basis of market capitalization. Common and preferred stock and related convertible securities constitute its major investments. The growth mutual fund has a three-year annualized return of 20.81%.


As of December 2011, this growth mutual fund held 48 issues, with 5.87% of its total assets invested in Apple, Inc.

5. Vanguard US Growth (VWUSX) 5. Vanguard US Growth (VWUSX)

Fund Family: Vanguard Group


Percentage Gain in 2012: 14.7%


Top Portfolio Holdings: Apple, Qualcomm, Google and EOG Resources.


Profile: Invests primarily in large cap domestic companies with significant growth potential. The stocks purchased must be attractively priced relative to their projected earnings. The fund utilizes the services of several investment advisors. The growth mutual fund has a three-year annualized return of 24.74%.


The growth mutual fund has a minimum initial investment of $3,000 and an expense ratio of 0.44% compared to a category average of 1.28%.


Also see:

5 Best-Performing Dow Stocks in Q1


5 Worst-Performing Dow Stocks in Q1


10 Best Performing Dow Stocks of 2011


10 Worst-Performing Stocks of 2011


Here’s an interactive slide show featuring the five best-performing growth mutual funds so far this year.

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