Top 5 Zacks #1 Ranked Small-Cap Mutual Funds - Best of Funds
22 5월 2012 - 9:15PM
Zacks
When investors have the willingness to take short term positions
and the ability to bear a certain degree of risk, small-cap funds
could be the correct choice. These funds generate significant
demand driven sales during a market upswing, which lead to an
increase in their prices. Smaller firms also look to continuously
reinvest their profits back into their business. This reassures
shareholders of superior performance and higher profit potential
from such companies. Small Cap funds therefore make excellent
additions to a well-diversified portfolio.
Below we will share with you 5 top rated small-cap mutual funds.
Each has earned a Zacks #1 Rank (Strong Buy) as we expect these
mutual funds to outperform their peers in the future. To view the
Zacks Rank and past performance of all small-cap funds, investors
can click here to see the complete list of funds.
Pioneer Oak Ridge Small Cap Growth A (ORIGX) seeks
long-term capital growth. The fund invests a large share of its
assets in small-cap companies. A maximum of 20% of its assets may
be utilized to purchase foreign equity and debt securities. The
small-cap mutual fund has a five year annualized return of
5.15%.
The small-cap mutual fund has a minimum initial investment of
$1,000 and an expense ratio of 1.40% compared to a category average
of 1.46%.
Needham Small Cap Growth (NESGX) invests the majority of
its assets in domestic equity securities of companies traded on the
NASADQ with market capitalizations of less than $3 billion at the
time at which they are purchased. The small-cap mutual fund is
non-diversified and has a five year annualized return of 4.51%.
Chris J. Retzler is the fund manager and he has managed this
small-cap mutual fund since 2008.
JHancock Small Cap Equity A (SPVAX) seeks capital growth.
The fund invests a large proportion of its assets in small
companies. A maximum of 5% of its assets may be invested in any one
instrument. Not more than 10% of its assets may be invested in cash
or cash equivalents. The small-cap mutual fund has a five year
annualized return of 3.11%.
The small-cap mutual fund has a minimum initial investment of
$2,500 and an expense ratio of 1.28% compared to a category average
of 1.46%.
AllianceBernstein Small Cap Growth A (QUASX) invests a
large proportion of its assets in equity securities of companies
falling within the bottom 20% of the total U.S equities in terms of
market capitalization. At any given time, the fund invests in
around 95 to 125 companies. The small-cap mutual fund has a five
year annualized return of 6.85%.
As of March 2012, this small-cap mutual fund held 99 issues,
with 1.72% of its total assets invested in CoStar Group, Inc.
Virtus Small-Cap Sustainable Growth A (PSGAX) seeks
capital appreciation over the long term. The fund invests in small
cap companies while maintaining the risk profile of the S&P 500
which consists entirely of large cap companies. The small-cap
mutual fund has a five year annualized return of 4.98%.
Todd A. Beiley is the fund manager and he has managed this
small-cap mutual fund since 2008.
To view the Zacks Rank and past performance of all small-cap
mutual 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.
View All Zacks #1 Ranked Mutual Funds
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