Thursday, January 25, 2007
Some Good Mid-Cap Mutual Funds
Large cap funds provides relative stable returns, small cap funds are more volitile but have better returns in long run, and mid-caps, as the name suggest, are in the middle. Thar's the reason I favor mid-cap funds. Again, several funds are closed to new investors.
(1) ADVDX
This is a relative new and unique fund, which takes the advantage of lower tax rate (15%) for dividends. It has a dividend rate of ~10%, and the fund itself did very well.
(2) Fidelity Funds: FDVLX, FLVCX
Fidelity offers too many funds, so many gems are buried. Fidelity Value Fund has tested by time and Fidelity Leveraged Company Fund has had excellent performance but it is slowing down as the fund gets bigger.
(3) JMCVX, SMCDX, TAVFX
These are several other good mid cap funds have performed well even in market dowturns.
(1) ADVDX
This is a relative new and unique fund, which takes the advantage of lower tax rate (15%) for dividends. It has a dividend rate of ~10%, and the fund itself did very well.
(2) Fidelity Funds: FDVLX, FLVCX
Fidelity offers too many funds, so many gems are buried. Fidelity Value Fund has tested by time and Fidelity Leveraged Company Fund has had excellent performance but it is slowing down as the fund gets bigger.
(3) JMCVX, SMCDX, TAVFX
These are several other good mid cap funds have performed well even in market dowturns.
Labels: Mutual Funds
Saturday, January 20, 2007
A Few Good All Weather Funds
To start to invest in mututal funds, one may feel more comfortable to invest in the all weather funds, thoses mutual funds that fare well in market downturns. Most of these funds fall into the "Moderate Assest Allocation" by Morningstar ratings. Some of the good funds has grown so big that they are closed to new investors, including OAKBX, DODBX, FPACX, LCORX, etc. Only a few open ones are discussed below.
(1) PRWCX
As mentioned before, T. Rowe Price Capital Appreciation Fund is an amazing fund that has not had a negative return for almost two decades, including the years after the tech bubble bursted. It is one of my favorites.
(2) OAKBX & OAKGX
Oakmark Equity & Income Fund is closed to new investors from other brokerage firms, but still allows new investment if one opens an account directly with Oakmark. This means one seperated account, which is against the Simple Principle.
Another fund from this company is Oakmark Global Fund. Although it suppose to only allow news investors who directly open accounts with the company, for some reason you can still purchase this fund from WellsTrade.
(3) LAALX
LCORX was closed, but the company offered a similar fund - Leuthold Asset Allocation Fund. The initial investment requirment is $10,000, but only $1000 for retirement account.
(4) TWEIX & TGIGX
Some Large Cap Value Funds are fairly resistent to market downturn as well, including American Century Equity Income Fund and TCW Dividend Focused Fund.
There are other funds like Bruce Fund and American Funds Income Fund with good past performance, but I did not do research on these funds.
(1) PRWCX
As mentioned before, T. Rowe Price Capital Appreciation Fund is an amazing fund that has not had a negative return for almost two decades, including the years after the tech bubble bursted. It is one of my favorites.
(2) OAKBX & OAKGX
Oakmark Equity & Income Fund is closed to new investors from other brokerage firms, but still allows new investment if one opens an account directly with Oakmark. This means one seperated account, which is against the Simple Principle.
Another fund from this company is Oakmark Global Fund. Although it suppose to only allow news investors who directly open accounts with the company, for some reason you can still purchase this fund from WellsTrade.
(3) LAALX
LCORX was closed, but the company offered a similar fund - Leuthold Asset Allocation Fund. The initial investment requirment is $10,000, but only $1000 for retirement account.
(4) TWEIX & TGIGX
Some Large Cap Value Funds are fairly resistent to market downturn as well, including American Century Equity Income Fund and TCW Dividend Focused Fund.
There are other funds like Bruce Fund and American Funds Income Fund with good past performance, but I did not do research on these funds.
Labels: Mutual Funds
