Investors know that high growth is where the gains are — and where the risk is.
For every Apple (NASDAQ:AAPL), there’s a Zynga (NASDAQ:ZNGA). For every Amazon (NASDAQ:AMZN), a Green Mountain (NASDAQ:GMCR). For every eBay (NASDAQ:EBAY), a Netflix (NASDAQ:NFLX). You get the point. Sometimes, you can chase rapid growth to outsize returns, and sometimes you can chase it right into a wall, and then the ground.
That said, it’s possible to have your cake and eat a little of it, too. Investors looking to get aggressive — but who don’t necessarily have the stomach to throw the dice all willy-nilly — can get into some high-growth ideas through mutual funds.
There’s a number of funds to choose from, so it makes sense to look across the varying types of growth opportunities, in terms of factors like market cap, sector and geographic location. Here are five such mutual funds that have proven capable of producing some home-run returns: