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Mutual Fund Wrap-Up: Small Growth Funds
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These non-tech sector funds are performing well
- Duration 3:17
- Date Jul 21, 2011
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These non-tech sector funds are performing well
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Meanwhile welcome back -- foxnews.com live business I'm -- feeling for Tracie burns today.
And joined now by sonic Smith from the Fox Business network actually has been sit back business dot com Hannity and Christine confuse -- for second.
The time for our mutual fund wrap up this week so -- what are your topics.
So I tap its lastly we talk about the technology sector house and -- -- investment right now we just saw that they apple earnings school learning -- lost to accidents but.
Some ten -- -- little bit hesitant to remembering the tech crash of 2000 you know women and all their money into the tax act and so this week we're going a look at -- Three small growth mutual funds.
So -- this year as long as fast have been up they've been doing very very allow the funds have returned over 30%.
Which is 10% about bass and -- so right that that's our idea that giving you and that sells the first fat.
Mutual funds have a look at -- Oppenheimer and what did.
-- take a symbol OP OC acts now this -- plan has eat at the category average by over 7%.
Something very -- -- so far.
-- they have -- -- manager he's been here for about five years.
So essentially taken all right that need to that mutual fund has been doing very very well -- on the top stock picks in -- mutual fund I lululemon.
Which is over 80%.
And also ought to cosmetics which has also been doing very very lots of -- 2000 -- and -- So that is the first mutual fund that is doing very well in that smart growth fact act.
Now a second each of fun as pioneer Oprah is now this is more conservative pick if you -- I get into the small -- factor by.
And a little bit nervous about at the potential downfall.
Of small stocks that this might -- about it picked for you so far it's the in the category if I over 2% so it's done doing -- well.
And it -- that top sectors are health care and investor -- with an addition to technology they're really seeing strong growth and health -- and -- industrials which is a little bit different.
So what we've been seeing in the past.
Now the third one we have is brown capital management not -- capital management is ticker symbol EC.
As I -- -- -- -- this has the in the category of I over 3%.
Now as opposed to that early.
You -- finally just discussed this on us a little bit risky and they invest in smaller companies usually companies that have.
Below twenty and fifty that million dollars as they're starting points out that little bit why not sell more.
More likely it's that kind of have that downfall sell.
But on the other hand it's more -- more room for -- war itself has -- -- while in the past so we usually just like this fund off we think that it's bank that for the -- and says I just three need to I'll find smiled at mutual funds had been doing while some fire and economic turmoil that we've been having that I himself make money found little higher risk a little more or exact thing breathe replacing the -- -- -- -- -- -- The good thing about mutual funds is that if you want to get into.
This factory and they don't really know exactly what stocks that pay your level but has attendant -- are managed by money management's of that experience and they do on the Visa expiry and south.
-- on the plus -- -- clothes on thank you so much for -- and say there.