Today we are featuring top-performing “Growth” equity mutual funds, which primarily invest in equity securities of companies in search of long-term growth.

Investors can find such funds by checking out the entire list of the Zacks #1 Rank Growth Equity Funds.

3 Budding Picks

Reynolds Blue Chip Growth (RBCGX) seeks long-term capital appreciation. It generally invests in common stocks of “growth” companies Based in the United States.

The long-term strategy of the fund is to emphasize investment in “blue chip” firms that build value through increase in earnings. This growth in value should ultimately be recognized in higher stock prices for these companies.

Google Inc. (GOOG), Apple Inc. (AAPL) and Research in Motion Ltd. (RIMM) are among the fund’s top holdings.

Monteagle Informed Investor Growth (MIIFX) seeks long term growth of capital. It invests primarily in medium and large capitalization companies, but may invest in companies of any size.

The fund focuses on companies that have exhibited faster-than-average earnings growth over the past few years and are expected to remain on the same track in future. “Growth stocks” according to the fund implies firms that demonstrate accelerating cash flows, profit margins and/or sales.

Shareholders have to make a minimum initial investment of $2,000 to enter this Zacks#1 Rank (“Strong Buy”) fund. It has an expense ratio of 1.27%.

Counterpoint Select (CPFSX) was incepted in November 2006. The investment seeks long-term capital appreciation.

The fund normally invests at least 65% of assets in equity securities, including common stocks, convertible securities and preferred stock; shares of other registered investment companies, including ETFs. It is non-diversified.

Karl O. Mills has been lead manager at the fund since its inception. The fund has outstripped total returns of its benchmark index in the last 1 year.

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.

Zacks Investment Research
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