Mutual Fund #1: PrimeCap Odyssey Growth (POGRX)
PrimeCap Odyssey Growth (POGRX) is fine way to own growth stocks in large companies that represent long-term values. This team-managed fund utilizes a patient, low-turnover approach, with 10% annual turnover reflecting discipline that has worked well over time.
The $3.8 billion fund currently has 42% of its holdings positioned in the healthcare sector, with 27% of the portfolio in technology names. As an added bonus, the large-cap mutual fund also holds mid-cap names — to the tune of 28% of the fund. Recent top holdings include: Seattle Genetics (SGEN), Roche (RHHBY), Amgen (AMGN), Immunogen (IMGN) and Biogen (BIIB).
POGRX was up 39.3% last year, and has gained an annualized 21.41% over the past five years, placing it in the top 18% of its Morningstar peer group.
Fund expenses are just 0.65% annually, or $65 for every $10,000 invested. Minimum investment is a low $2,000.