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Best performing mutual funds ytd 2020
Best performing mutual funds ytd 2020





The fund invests majority of its assets in companies that are engaged in manufacturing, marketing and/or distributing consumer staples. It has year-to-date return of 20.4%.The fund has a minimum initial investment of $1000.įidelity Select Consumer Staples Portfolio FDFAX fund aims for capital growth. The fund has an annual expense ratio of 0.97%, which is below the category average of 1.21%. RRRAX carries a Zacks Mutual Fund Rank #1. To see how this fund performed compared in its category, and other 1 and 2 Ranked Mutual Funds, please click here. This Zacks sector – Real Estate fund has a history of positive total returns for more than 10 years. The non-diversified fund may also invest in other securities such as short-term securities, bonds and notes. The fund invests the majority of its assets in equity securities of REITs and real estate companies. It has year-to-date return of 27.7%.The fund has no minimum initial investment.ĭWS RREEF Real Estate Securities Fund - Class A RRRAX aims for capital growth over a long period along with current income. The fund has an annual expense ratio of 0.76%, which is below the category average of 1.23%. To see how this fund performed compared in its category, and other 1 and 2 Ranked Mutual Funds, please click here.įDLSX carries a Zacks Mutual Fund Rank #1. This Zacks sector – Other fund has a history of positive total returns for more than 10 years. FDLSX primarily invests in common stocks. These activities may entail design, production and/or distribution of goods or services in the said industries. The fund invests majority of its assets in securities of companies engaged in leisure industries. It has year-to-date return of 25.2%.The fund has a minimum initial investment of $2000.įidelity Select Leisure Portfolio FDLSX fund seeks capital growth. The fund has an annual expense ratio of 0.94%, which is below the category average of 1.28%. ROGSX carries a Zacks Mutual Fund Rank #1. This Zacks sector – Tech fund has a history of positive total returns for more than 10 years. ROGSX focuses more on large-capitalization and mid-capitalization companies although it may also invest in small-capitalization companies. The fund invests majority of its assets in stocks of established companies from the technology sector. Red Oak Technology Select ROGSX fund aims for capital appreciation over a long period. Now we come to the most vital question: why should investors consider mutual funds? Reduced transaction costs and diversification of portfolio without several commission charges that are associated with stock purchases are primarily why one should be parking money in mutual funds (read more: Mutual Funds: Advantages, Disadvantages, and How They Make Investors Money). We expect these funds to outperform their peers in the future. Additionally, the minimum initial investment is less than $5000. All these funds carry a Zacks Mutual Fund Rank #1 (Strong Buy) or #2 (Buy). We have, thus, selected five mutual funds that offer encouraging year-to-date returns of more than 20%. In fact, sectors such as utilities could post further gains ahead since it’s now easier for large utility companies to engage in business expansion and other similar activities, thanks to lower rates. The Fed’s recent rate cut that pushed benchmark interest rates to the range of 2-2.25% also boosted these sectors. A rise in shopping, dining-out, ordering food online and other discretionary activities boosted the sector’s performance.įinally, defensive players like utilities, consumer staples and communication services gained because of trade war-induced fear among investors. Third, increased new job additions helped the consumer discretionary sector record gains. The sector is the second top performer since January despite headwinds such as the U.S.-China trade war and global growth slowdown. Growth in areas such as AI, machine learning and big data boosted the sector. The sector has grown as much as 96.1% over the past five years, outperforming the other 10 sectors of the S&P 500. Second, the technology sector witnessed the most consistent growth over a long period and not just on a year-to-date basis. Coming to specific sectors, real estate has witnessed stellar growth so far this year, with better-than-expected existing home sales data in July and new home sales hitting a 12-year high in June on a seasonally-adjusted annualized basis. According to the latest jobs data by the Labor department, nonfarm payrolls rose by 164,000 in July while unemployment rate remained at 3.7%. The broader S&P 500 index gained 15.9% on a year-to-date basis, thanks to considerable growth in sectors such as real estate, technology, utilities, consumer discretionary, consumer staples and communication services.įactors such as rise in new job additions and wage growth worked in favor of the sectors.







Best performing mutual funds ytd 2020