2 / 5 Stars
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Zacks Investment Research
Standard & Poor's
2 / 5 Stars
#51 in Aggressive Allocation
U.S. News evaluated 115 Aggressive Allocation Funds. Our list highlights the top-rated funds for long-term investors based on the ratings of leading fund industry researchers.
The fund has returned 12.57 percent over the past year, 8.18 percent over the past three years, 10.42 percent over the past five years, and 7.83 percent over the past decade.
|Trailing Returns||Updated 06.30.2014|
|Year to date||1.1%|
|3 Years (Annualized)||8.2%|
|5 Years (Annualized)||10.4%|
|10 Years (Annualized)||7.8%|
The investment seeks reasonable long-term capital appreciation with a prudent approach to protection of capital from undue risks. The fund seeks to attain its objective by investing in a managed mix of equity and debt securities with 75% of assets invested in equity securities and 25% of its assets in debt or fixed income securities under normal circumstances. It may not invest more than 35% of its total assets in below investment grade debt and fixed income securities, commonly referred to as "junk bonds." Up to 25% of the fund's total assets may be invested in securities issued by companies within a single industry.
Fees are Low compared to funds in the same category.
CGM Mutual Fund has an expense ratio of 1.11 percent.
Risk is High compared to funds in the same category according to Morningstar.