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5 Mutual Funds for Aggressive Investors

Using funds can be a safer way to hike the risk/reward ratio

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Federated Kaufmann Small Cap

Type: Small-cap growth
2012 Return: 23.85%
Category Return: 11.17

Lawrence Auriana and Hans Utsch are legendary growth investors. Back in 2002, they launched a new fund, Federated Kaufmann Small Cap A (MUTF:FKASX), with a focus on small-cap operators.

As should be no surprise, it has been quite volatile. Of course, the worst came in 2008, when the fund lost 43.7%.

Yet over the past three years, FKASX has gotten its groove back. The annual average gain was about 12.35%.

Some of the top holdings include Dynavax Technologies (NASDAQ:DVAX), Cubist Pharmaceuticals (NASDAQ:CBST) and Mellanox (NASDAQ:MLNX).

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