Best & Worst Mutual Funds of 2012

3 funds that delivered for investors in 2012 ... and 3 that didn't

      View All  

#3 Best Mutual Fund: Artisan Global Opportunities Fund

Artisan185 Best & Worst Mutual Funds of 2012

YTD Return: +28.1%

Artisan Global Opportunities Fund (MUTF:ARTRX) is a mixed-cap growth fund that focuses on U.S. companies with a market cap of at least $3 billion, as well as non-U.S. company stocks and depositary receipts. ARTRX’s selection process focuses on security selection and capital allocation.

Top 3 Holdings:
1. Google
(NASDAQ:GOOG): 5.9% of assets
2. Monsanto (NYSE:MON): 5.1% of assets
3. Apple (NASDAQ:AAPL): 4.8% of assets

Manager(s): James Hamel and Andy Stephens. Hamel and Stephens are managing directors of Artisan and have co-managed ARTRX since the fund’s inception in September 2008.

Takeaway: ARTRX has an interesting portfolio mix for a growth fund: It’s far more technology-weighted than its peers in the category. Nearly 35% of the fund’s sector weightings are in technology, compared to a category average of just 14%. ARTRX has 58% of its holdings in U.S. stocks; much higher than the category average of nearly 50%. I’m not sure how that mix will perform if global equities rule the market next year — or if tech stocks slump.

Expense Ratio Front Load Deferred Sales Load MIN. Initial Investment Assets under management
1.34% N/A N/A $1,000 $333.6 million

Article printed from InvestorPlace Media, http://investorplace.com/2012/12/best-worst-mutual-funds-of-2012/.

©2014 InvestorPlace Media, LLC

Comments are currently unavailable. Please check back soon.