5 Best Performing Small Cap Mutual Funds Year to Date - Best Performing Funds Year To Date
July 17 2013 - 2:05PM
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
|
34.03%
|
Bridgeway Ultra-Small Company
|
#1 Strong Buy
|
28.60%
|
Pacific Advisors Small Cap Value A
|
#1 Strong Buy
|
28.18%
|
Calvert Small Cap A
|
#1 Strong Buy
|
22.66%
|
Franklin Small Cap Growth A
|
#1 Strong Buy
|
22.65%
|
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 65.36%
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 1.31%.
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 50.51% over the last one year
period.
The fund manager is John Montgomery and he has managed this
small-cap mutual fund since 1994.
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 42.71%
over the last one year period.
As of March 2013, this small-cap mutual fund held 30 issues,
with 5.39% of its total assets invested in Saia, Inc.
Calvert Small Cap A (CCVAX) invests in small cap domestic
companies whose market cap is less than $3 billion. The fund
invests a maximum of 25% of its assets in securities issued by
foreign companies. This small-cap mutual fund returned 38.27% over
the last one year period.
The small-cap mutual fund has a minimum initial investment of
$2,000 and an expense ratio of 1.69% compared to a category average
of 1.31%.
Franklin Small Cap Growth A (FSGRX) seeks capital growth
over the long-term. The fund invests the majority of its assets in
domestic equity securities issued by small cap firms whose market
cap is not more than $1.5 billion or lower than the company with
the highest market cap in Russell 2000 Index, whichever is higher.
This small-cap mutual fund returned 31.41% over the last one year
period.
The fund manager is Michael McCarthy and he has managed this
small-cap mutual fund since 2000.
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.
Get Your Free (BRUSX): Fund Analysis Report
Get Your Free (CCVAX): Fund Analysis Report
Get Your Free (FSGRX): Fund Analysis Report
Get Your Free (PASMX): Fund Analysis Report
Get Your Free (UAPIX): Fund Analysis Report
To read this article on Zacks.com click here.
Zacks Investment Research