4 Must-Have Funds With High Treynor Ratio For Solid Returns

4 Best Choices

We have, thus, selected four mutual funds carrying a Zacks Mutual Fund Rank #1 (Strong Buy) or 2 (Buy) that are poised to gain from such factors. Moreover, these funds have encouraging three and five-year returns. Additionally, the minimum initial investment is within $5000 and each of these funds has a high three-year Treynor ratio.

We expect these funds to outperform their peers in the future. Remember, the goal of the Zacks Mutual Fund Rank is to guide investors to identify potential winners and losers. Unlike most of the fund-rating systems, the Zacks Mutual Fund Rank is not just focused on past performance, but also on the likely future success of the fund.

The question here is: 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.

Calvert Equity Fund Class A (CSIEX - Free Report) primarily invests its assets in equity securities of companies with market capitalization ranked among the top 1000 U.S.-listed companies. The fund mostly aims for capital appreciation. CSIEX may also invest up to 25% of its assets in U.S. dollar-denominated securities of foreign companies that trade in the United States. 

This Large Cap Growth product has a history of positive total returns for over 10 years.

CSIEX has a Zacks Mutual Fund Rank #1 and an annual expense ratio of 0.94%, which is below the category average of 1.04%. The fund has three and three-year returns of 21.2% and 18.1%, respectively. CSIEX had a Treynor ratio of 21.85 in the last three years.

Fidelity Advisor Equity Growth Fund Class A (EPGAX - Free Report) seeks capital appreciation and invests the lion’s share of its assets in equity securities of companies that the advisor believes have above-average growth potential. EPGAX invests in both U.S. and non-U.S. companies.

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