3 Large-Cap Mutual Funds to Anchor Your Portfolio

Every retirement investor needs a strong core, so start your building with one or more of these three funds

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3 Large-Cap Mutual Funds to Anchor Your Portfolio

Mutual Fund #2: T. Rowe Price Blue Chip Growth (TRBCX)

TRowe185 3 Large Cap Mutual Funds to Anchor Your PortfolioManager Larry Puglia has been at the helm of T. Rowe Price Blue Chip Growth (TRBCX) since the fund commenced operation back in 1993. His guidance over time has rewarded investors and attracted assets of $21.9 billion to this large-cap growth mutual fund offering.

Consumer discretionary names are the top sector weighing at 28%, followed by information technology holdings at 23% of the portfolio. The fund is most heavily weighted in Amazon (AMZN), Biogen, Danaher (DHR), Gilead Sciences (GILD) and Google (GOOG).

A low-turnover approach on this fund has worked well over time, with the fund up an annualized 23.2% over the past five years, landing this fund in the top 7% of its Morningstar category. This performance has resulted in the recent nomination of Mr. Puglia for Morningstar’s Domestic Stock Fund Manager of the Year award.

As is typical with funds from T. Rowe Price, expenses are reasonable at 0.76%. 


Article printed from InvestorPlace Media, http://investorplace.com/2014/01/large-cap-mutual-funds/.

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