Best Mutual Funds of 2013 #5: PrimeCap Odyssey Aggressive Growth (POAGX)
YTD Return: 54%
For a more diversified option, PrimeCap Odyssey Aggressive Growth (POAGX) remains a fine choice.
This team-managed fund, which specializes in small and midcap names, is up a strong 54.7% YTD. POAGX — the most aggressive in the three-fund PrimeCap Odyssey roster of choices — favors names in the healthcare and technology sectors, and about 62% of the portfolio is concentrated in these two industries.
The managers use fundamental analysis to discover firms that have compelling growth stories but might be temporarily out of favor. Trading is minimal, with turnover running just 11% annually in this $5 billion fund. Recent top holdings include: Pharmacyclics (PCYC), Seattle Genetics (SGEN), Dreamworks Animation (DWA), Roche Holding (RHHBY) and Qiagen NV (QGEN).
Expenses are low, with POAGX charging just 0.68% annually to access this fine stock-picking team.