The equity MF category outshined any other asset class, debt or gold for instance, for the year ended March 2015 with large cap funds delivering average returns of 31 per cent, the large and mid cap funds
43 per cent and the multi cap funds 48 per cent.
In fact, there are literally dozens of mid cap funds
currently trading, giving exposure to various styles including 'broad', 'value', and 'growth' (see all the Mid Cap ETFs here).
The Small and Mid Cap Funds
will invest in small and medium sized companies which involves greater risk than is customarily associated with investing in larger and more established companies.
Drilling down to style categories, the SPIVA scorecard shows that approximately 69% of large cap funds, 70% of mid cap funds
and 51% small cap funds failed to beat the S&P 500, S&P MidCap 400 and S&P SmallCap 600 respectively over the previous three years.
4% of mid cap funds
, and the S&P SmallCap 600 outperformed 57.
We found market timing opportunities just as large with small and mid cap funds
as with international equities," said Roger Edelen, Managing Director of Research, ReFlow Management.
AFBA 5Star Large Cap Fund is more consistent with the names of our other funds, including AFBA 5Star Small and Mid Cap Funds
StreetTRACKS DJ Wilshire Mid Cap funds
investment objective is to replicate as closely as possible, before expenses, the total return of the Dow Jones Wilshire Mid Cap Index.
He noted that both New Generation and Mid Cap Growth are classified as mid cap funds
by Lipper Analytical, Inc.
Mid Cap funds
typically carry more risk than stock funds investing in well-established "blue-chip" companies.
Mid cap funds
often seek out the potential blue chips of tomorrow, investing in more established companies.
The Balanced and Mid Cap Funds
were each recognized in "The Wall Street Journal's" Mutual Fund Scorecard as ranking in the top 15 funds within their respective fund categories.