Today we are featuring top-performing "Small-Cap" equity mutual funds, which invest primarily in equity securities of companies with market capitalizations of less than $1 billion.
Investors can find such funds by checking out the entire list of the Zacks #1 Rank Small-Cap equity Funds.
3 Strong Samples
Old Westbury Global Small & Mid Cap (OWSMX) was incepted in April 2005. The investment seeks long term capital appreciation.
The fund invests in a broad, diversified portfolio of common stocks of small and medium capitalization companies traded in the U.S. or in foreign countries, including emerging market countries.
The fund's top holdings include Carter's Inc. (CRI), Dun & Bradstreet Corp. (DNB) and Global Payments Inc. (GPN).
Janus Triton (JATTX) seeks long-term growth of capital. The fund is designed for investors looking to diversify their portfolio and add the upside potential of small to mid-sized growth companies.
Small-and medium-sized companies have a market capitalization of less than $10 billion. The fund may invest in foreign equity and debt securities, which may include investments in emerging markets.
Unit holders have to make a minimum initial investment of $2,500 to enter this Zacks#1 Rank ("Strong Buy") fund. It has an expense ratio of 1.20%.
Meridian Growth (MERDX) seeks long-term growth of capital. The fund invests primarily in growth stocks, including those with small and medium sized market values.
The fund may also invest in debt and equity-related securities, bonds rated A or better by Moody's, and securities of foreign companies, including emerging-market firms. It may invest up to 25% of total assets in securities of foreign companies.
Richard F. Aster has managed the fund since its inception in August 1984. The fund has topped the total returns of its benchmark index in the last 1-.3-and 5-year periods.
Discover Many More Funds
Learn more about the new Zacks Mutual Fund Rank and discover some of the best market-beating mutual funds by browsing our new mutual funds section. This part of Zacks.com offers a variety of tools, including mutual fund research, a new mutual fund screener, helpful answers to frequently asked questions and quick access to prospectuses and other information.
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.
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