Christina Lavingia
Entrepreneurial types who seek new companies to invest in should consider small cap growth mutual funds. While volatile due to the infancy of the companies that comprise the funds, they often come with high valuations and the opportunity for quick growth.
Newer companies with fewer shares are considered to be small cap if their number of shares are in the lowest 10% of the market-capitalization range. Investors who are less risk averse and have an interest in young companies could find the returns worth the risk.
To help interested investors find the top performing small cap growth mutual funds, Credio identified the funds with the top 10-year, load-adjusted returns. Looking at a fund’s performance long term is the best way to evaluate a fund.
Fidelity Small Cap Growth
Current value of $ 10,000 invested in 2005: $ 26,300
Ten-Year Annualized Return: 10.15%
Net Assets: $ 1.51 Billion
Expense Ratio: 0.90%
Share Class: No Load
MFS New Discovery
Current value of $ 10,000 invested in 2005: $ 26,482
Ten-Year Annualized Return: 10.23%
Net Assets: $ 1.51 Billion
Expense Ratio: 1.02%
Share Class: Retirement
TCW Small Cap Growth
Current value of $ 10,000 invested in 2005: $ 26,617
Ten-Year Annualized Return: 10.29%
Net Assets: $ 146 Million
Expense Ratio: 1.41%
Share Class: N
Wells Fargo Advantage Small Company Growth
Current value of $ 10,000 invested in 2005: $ 26,976
Ten-Year Annualized Return: 10.43%
Net Assets: $ 854 Million
Expense Ratio: 0.00%
Share Class: Retirement
Eagle Small Cap Growth
Current value of $ 10,000 invested in 2005: $ 27,056
Ten-Year Annualized Return: 10.47%
Net Assets: $ 4.29 Billion
Expense Ratio: 0.77%
Share Class: Retirement
Voya SmallCap Opportunities
Current value of $ 10,000 invested in 2005: $ 27,142
Ten-Year Annualized Return: 10.50%
Net Assets: $ 784 Million
Expense Ratio: 1.02%
Share Class: Retirement
Principal SmallCap Growth
Current value of $ 10,000 invested in 2005: $ 27,243
Ten-Year Annualized Return: 10.54%
Net Assets: $ 1.79 Billion
Expense Ratio: 0.00%
Share Class: Retirement
Lord Abbett Alpha Strategy
Current value of $ 10,000 invested in 2005: $ 27,397
Ten-Year Annualized Return: 10.60%
Net Assets: $ 1.34 Billion
Expense Ratio: 0.50%
Share Class: Retirement
Needham Aggressive Growth
Current value of $ 10,000 invested in 2005: $ 28,268
Ten-Year Annualized Return: 10.95%
Net Assets: $ 62.2 Million
Expense Ratio: 1.91%
Share Class: No Load
T. Rowe Price Diversified Small Cap Growth
Current value of $ 10,000 invested in 2005: $ 28,373
Ten-Year Annualized Return: 10.99%
Net Assets: $ 1.59 Billion
Expense Ratio: 0.85%
Share Class: No Load
Emerald Growth Investor
Current value of $ 10,000 invested in 2005: $ 28,797
Ten-Year Annualized Return: 11.16%
Net Assets: $ 456 Million
Expense Ratio: 1.27%
Share Class: Investor
BMO Small-Cap Growth
Current value of $ 10,000 invested in 2005: $ 29,253
Ten-Year Annualized Return: 11.33%
Net Assets: $ 734 Million
Expense Ratio: 1.40%
Share Class: Investor
Wasatch Micro Cap Value
Current value of $ 10,000 invested in 2005: $ 29,419
Ten-Year Annualized Return: 11.39%
Net Assets: $ 165 Million
Expense Ratio: 2.03%
Share Class: No Load
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