9.3 in Large Growth
U.S. News evaluated 469 Large Growth Funds. Our list highlights the top-rated funds for long-term investors based on the ratings of leading fund industry researchers.
| Scorecard | |
|---|---|
| Morningstar | 5 / 5 Stars |
| Lipper | 5 5 5 4 2 |
| Zacks Investment Research | 2 (Buy) |
| Standard & Poor's | 5 / 5 Stars |
| TheStreet.com | A+ (Buy) |
Fund Overview
Co-manager Bob Bacarella says his fund has a three-pronged strategy. He acknowledges that many managers have trouble beating the returns of the S&P 500 Index over the long term. To combat that he puts half of the fund’s total assets into a few exchange-traded funds that track the S&P 500 Index. The remainder of the fund’s assets are placed in what Bacarella calls “best of breed” companies and some short-term trading opportunities that he sees in beaten-down industries like banking, automotives and the airlines. The best of breed companies include well-known consumer discretionary names like Disney, Coca-Cola, Amazon and Apple. “They tend to outperform in down markets because people gravitate toward the more defensive stocks, and in up markets they tend to have a higher beta characteristic, which means that they propel ahead,” Bacarella says.
| Trailing Returns | Updated 03.31.2012 |
|---|---|
| Year to date | 13.2% |
| 1 Year | 10.7% |
| 3 Years (Annualized) | 31.8% |
| 5 Years (Annualized) | 10.1% |
| 10 Years (Annualized) |
Investment Strategy
The investment seeks long-term capital growth. The fund invests approximately 50% of its assets in ETF’s and other funds that seek to track the S&P 500 Index and the balance in common stocks of companies of all market capitalization ranges and are diversified among industries and market sectors. It may invest up to 10% of net assets in foreign stocks primarily through American Depository Receipts. A bottom-up approach is used in selecting these investments by evaluating each company on the basis of the financial statements and operations.
Performance
The fund has returned 10.70 percent over the past year, 31.80 percent over the past three years, and 10.06 percent over the past five years.
Hypothetical Growth of $10,000
Updated 03.31.2012
Holdings
Asset Allocation
| % Long | % Net | |
|---|---|---|
| Cash | 2.78 | 2.78 |
| Stocks | 97.14 | 97.14 |
| Bonds | 0.0 | 0.0 |
| Other | 0.0 | 0.0 |
| Foreign Bonds | 0.0 | 0.0 |
| Foreign Stocks | 0.08 | 0.08 |
| Convertible | 0.0 | 0.0 |
| Preferred | 0.0 | 0.0 |
Updated 12.31.2011
Top Holdings
Performance as of 03.31.2012
Portfolio as of 12.31.2011
| Ticker | YTD Return % | % Net Assets | |
|---|---|---|---|
| iShares S&P 500 Index | --- | --- | 12.14 |
| SPDR S&P 500 | --- | --- | 12.1 |
| iShares S&P 100 Index | --- | --- | 4.95 |
| Vanguard Value ETF | --- | --- | 4.53 |
| Vanguard S&P 500 ETF | --- | --- | 4.43 |
Fees
Monetta Young Investor has an expense ratio of 1.00 percent.
