Top 5 Best Performing Small Cap Mutual Funds Year to Date - Best Performing Funds Year To Date
March 26 2013 - 8:39AM
Zacks
Investors having a high risk appetite and looking for
significantly high returns often choose small-cap funds. These
funds diversify the risk inherent in small cap stocks and have high
growth potential. Since they focus on small cap companies there is
the added advantage of higher flexibility due to the quicker
decision making of these firms. Investors willing to remain
invested for longer periods who can withstand high volatility
should invest in small cap funds to earn substantially profits.
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.
Mutual Fund
|
Zacks Rank
|
Total Return YTD
|
ProFunds UltraSmall Cap Investor
|
#3 Hold
|
12.88%
|
Direxion Monthly Small Cap Bull 2X
|
#1 Strong Buy
|
12.36%
|
Pacific Advisors Small Cap Value A
|
#1 Strong Buy
|
11.71%
|
Bridgeway Ultra-Small Company
|
#1 Strong Buy
|
9.13%
|
BlackRock Small Cap Growth II A
|
#3 Hold
|
8.76%
|
ProFunds UltraSmall Cap Investor (UAPIX) seeks to provide
daily returns which are twice as much as the daily performance of
the Russell 2000 Index. The fund purchases equity securities and
derivatives which have similar return characteristics. This
small-cap mutual fund is non-diversified and has returned 27.22%
over the last one year period.
The small-cap mutual fund has a minimum initial investment of
$15,000 and an expense ratio of 1.89% compared to a category
average of 1.33%.
Direxion Monthly Small Cap Bull 2X (DXRLX) invests a
large share of its assets in equity instruments. The fund aims to
provide returns which are twice as much as the monthly performance
of the Russell 2000 Index. This small-cap mutual fund returned
29.21% over the last one year period.
The fund manager is Paul Brigandi and he has managed this
small-cap mutual fund since 2004.
Pacific Advisors Small Cap Value A (PASMX) seeks capital
growth. The fund invests the majority of its assets in small cap
companies. These firms must have a market capitalization not
exceeding $2 billion. This small-cap mutual fund returned 17.39%
over the last one year period.
As of December 2012, this small-cap mutual fund held 30 issues,
with 4.93% of its total assets invested in Saia, Inc.
Bridgeway Ultra-Small Company (BRUSX) invests a large
share of its assets in a wide range of “ultra-small companies”. A
maximum of 15% of its assets are invested in foreign instruments.
This small-cap mutual fund returned 24.56% over the last one year
period.
The small-cap mutual fund has a minimum initial investment of
$2,000 and an expense ratio of 1.22% compared to a category average
of 1.41%.
BlackRock Small Cap Growth II A (MDSWX) seeks capital
appreciation over the long-term. The fund invests the majority of
its assets in small cap equity securities. The fund invests heavily
in domestic issuers whose market capitalizations are identical to
those included in the Russell 2000 or the S&P SmallCap 600
Indices. This small-cap mutual fund returned 10.34% over the last
one year period.
The fund manager is Andrew F. Leger and he has managed this
small-cap mutual fund since 2006.
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.
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