How To Pick Top Growth And Income Mutual Funds


top growth and income mutual funds

There are many top growth and income mutual funds on the market. The key to picking the right fund is research. It starts with learning about what characteristics are important in these funds. Then, it is a matter of matching those characteristics to your own investment goals and financial circumstances. Finally, it involves proper investment management to make sure your money is in good hands.

The Fidelity Total Market

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One of the top growth and income mutual funds is the Fidelity Total Market. It invests in the broadest range of stocks and securities in the markets. Because of that, it is able to follow the movement of the economy. It has done so since inception and has never lost its ability to do so. It has a high risk factor, but the potential for profit is very great.

The Vanguard Money Market

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Another top growth and income mutual funds are the Vanguard Money Market. Like the Fidelity fund, this one also invests in the broadest range of stocks and securities in the markets. Unlike the Fidelity fund, however, it is a little less aggressive.

Its average return has been over 8%, but like the other top growth and income mutual funds, it has a low risk factor. The fund managers have been able to reduce the expected losses somewhat, but overall this is a stellar performance.

The DIA Money Market

An additional top growth and income mutual funds are the DIA Money Market. It is less aggressive than the top growth and income mutual funds, but it still follows the broader direction of the stock market. Because of that, it can easily follow the movement of the economy as well. Like the other top growth and income mutual funds, it has a low risk factor, but the potential for big returns is high.

The State Street

The last of the top growth and income mutual funds is the State Street. This is perhaps the best performing of all of the top growth and income mutual funds. Not only does it follow the broad direction of the stock market, but it grows faster than the other two.

For that reason, it has consistently returned above 8%. It also has the lowest drawdown of any of the top growth and income mutual funds.

Less Risky Than Other Types Of Investments

Investing in the top growth and income mutual funds can be a smart move. They are less risky than other types of investments, but still offer excellent potential for big returns. However, like with any investment, you need to do your research. Compare the different types of investments to see which ones have the best potential for your situation. You also want to think about your tolerance for risk. If you are a strong risk taker, stocks like Wal-Mart or mining stocks like Callanetics may not be good choices for you.

If you are a stronger risk taker, you may be able to see good results from top growth and income mutual funds like the Power Plus. It invests a lot in the petroleum and natural gas industries. If the price of these commodities goes up, so will your investments. There is always some volatility in these industries.

Conclusion

Your bottom line is that you need to look at all of the factors that affect the top growth and income mutual funds that you choose. The return is certainly an important consideration. It’s also important to consider whether you will be able to pay the expenses of the fund, especially if you are already getting a good rate of return from other investments.

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