Top 5 Zacks #1 Ranked Small-Cap Mutual Funds - Best of Funds
07 2월 2013 - 12:30AM
Zacks
Mutual funds which invest in small-cap companies are the natural
choice of investors with an appreciably higher appetite for risk
and the willingness to take short term positions. Smaller companies
reinvest a significant share of their earnings back into their
business on a regular basis. This reassures stockholders of
improved performance and higher profits. When markets are booming,
small cap mutual funds see high levels of demand which leads to
significant increases in their prices. Investors seeking greater
diversification would do well by adding small cap flavor to their
portfolios.
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.
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
12.48%.
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 1.32%.
Conestoga Small Cap (CCASX) invests heavily in small cap
companies. The fund focuses on acquiring equity securities,
including ADRs, convertible securities and preferred stocks. Under
normal circumstances, not more than 20% of its assets may be
utilized to purchase foreign securities. This small-cap mutual fund
has a three year annualized return of 12.74%.
William C. Martindale, Jr. is the fund manager and he has
managed this small-cap mutual fund since 2002.
Buffalo Small Cap (BUFSX) seeks capital growth over the
long term. The fund invests the majority of its assets in common,
preferred stocks and related convertible securities of domestic
small-cap companies. A maximum of 20% of its assets may be invested
in ADRS. This small-cap mutual fund has a three year annualized
return of 7.89%.
The small-cap mutual fund has a minimum initial investment of
$2,500 and an expense ratio of 1.00% compared to a category average
of 1.47%.
Wells Fargo Intrinsic Small Cap Value (SCOVX) invests a
large share of its assets in equity securities of small-cap
companies. These firms must have market capitalizations within the
range of the Russell 2500 Index. This small-cap mutual fund has a
three year annualized return of 10.24%.
As of December 2012, this small-cap mutual fund held 66 issues,
with 3.76% of its total assets invested in KAR Auction Services,
Inc.
Needham Small Cap Growth (NESGX) seeks long term capital
growth. The fund invests the majority of its assets in domestic
equity securities of companies traded on a domestic security
exchanges. The fund focuses on acquiring stocks which are
attractively priced relative to their underlying value. The
small-cap mutual fund has a three year annualized return of
5.58%.
Chris J. Retzler 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.
View All Zacks #1 Ranked Mutual Funds
(BUFSX): ETF Research Reports
(CCASX): ETF Research Reports
(NESGX): ETF Research Reports
(PASMX): ETF Research Reports
(SCOVX): ETF Research Reports
To read this article on Zacks.com click here.
Zacks Investment Research