Primecap Odyssey Aggressive Growth
One of the best mutual funds in the midcap space is the Primecap Odyssey Aggressive Growth (POAGX) fund. The fund of growth stocks is setting a blistering pace, with gains of 45% year-to-date and up 28% annualized over the past five years.
Performance has been especially strong this year, so investors need to realize that this fund will not always have the wind at its back. But this is still one of the best mutual funds because it features team management that has a low-turnover approach to stock picking, with turnover just 14% over the past year.
Plus, expenses are just 0.68%, or $68 annually for every $10,000 invested. And over the past five years, Morningstar data shows that a $10,000 investment in this bundle of growth stocks has grown to $34,696 vs. just $20,829 if you bought the S&P 500 using the Vanguard 500 Index Fund (VFINX).
This type of performance provides compelling proof that the right active management can achieve superior results in the best mutual funds over time. Current growth stocks in the fund include: Pharmacyclics (PCYC), Dreamworks Animation (DWA), Seattle Genetics (SGEN) and ComScore (SCOR) .