#3 Best Mutual Fund: Artisan Global Opportunities Fund
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 |
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