Top 5 Zacks #1 Ranked Small-Cap Mutual Funds - Best of Funds
21 12월 2012 - 2:17AM
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.
Schneider Small Cap Value (SCMVX) seeks capital growth
over the long term. The majority of its assets are invested in
small cap stocks which are undervalued. A maximum of 20% of its
assets may be invested in foreign securities as well as in American
Depositary Receipts (ADRs). This small-cap mutual fund has a three
year annualized return of 12.25%.
Arnold C. Schneider III is the fund manager and he has managed
this small-cap mutual fund since 1998.
Bridgeway Ultra-Small Company (BRUSX) invests a large
share of its assets in a wide range of securities of “ultra-small
companies”. A maximum of 15% of its assets are invested in foreign
instruments. The small-cap mutual fund has a three year annualized
return of 12.86%.
As of September 2012, this small-cap mutual fund held 253
issues, with 2.29% of its total assets invested in Smith &
Wesson Holding Corporation.
PNC Small Cap A (PPCAX) seeks capital growth over the
long term. The fund invests heavily in domestic small cap
companies. The market capitalization of these companies must be
within to 100 million and $3 billion and they must be part of the
Russell 2000 Index. This small-cap mutual fund has a three year
annualized return of 18.54%.
The small-cap mutual fund has a minimum initial investment of
$1,000 and an expense ratio of 1.45% compared to a category average
of 1.46%.
HighMark Geneva Small Cap Growth A (HGASX) invests the
majority of its assets in domestic small cap firms. The fund
concentrates on investing in those companies which focus on
delivering growth. Not more than 10% of its assets are invested in
exchange traded funds (ETFs). This small-cap mutual fund has a
three year annualized return of 19.08%.
Michelle J. Picard is the fund manager and he has managed this
small-cap mutual fund since 2009.
Pacific Advisors Small Cap Value A (PASMX) seeks capital
growth. It invests heavily in small cap companies. These firms must
have a market capitalization not exceeding $2 billion. This
small-cap mutual fund has a three year annualized return of
17.44%.
The small-cap mutual fund has a minimum initial investment of
$1,000 and an expense ratio of 2.88% compared to a category average
of 1.34%.
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.
View All Zacks #1 Ranked Mutual Funds
(BRUSX): ETF Research Reports
(HGASX): ETF Research Reports
(PASMX): ETF Research Reports
(PPCAX): ETF Research Reports
(SCMVX): ETF Research Reports
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