Department of Commerce and Investment Company Institute Table 2: Classifications of Mutual Funds Aggressive growth funds
invest in common stocks of new companies that promise large returns, usually from high price appreciation, but entail substantial risk.
Most firms offer a choice of mutual funds ranging from aggressive growth funds
to fixed-income investments.
At the top of the risk/reward ladder are aggressive growth funds
(once known as "go-go" funds).
In February, the latest month for which complete data are available, investors put 24 percent less into aggressive growth funds
than they did in May, when speculative stocks were peaking.
HCM is also the adviser to the HighMark Funds, a nationally recognized fund company offering a wide range of mutual funds from conservative money market funds to more aggressive growth funds
, including asset allocation portfolios.
Aggressive growth funds
are a spicier version of growth funds.
They said that investors recently favored money-market funds, which invest in short-term cash instruments, over stock funds, particularly the volatile aggressive growth funds
that were wildly popular earlier this year.
With a second screen, we fished out aggressive growth funds
that could add spark to a portfolio.
which estimates cash flows twice a week, reported that in the most recent period, aggressive growth funds
not only experienced a reversal, with more money flowing out than in, but that this was the largest outflow in the company's records, which date back to April 1994.
Like small company funds, aggressive growth funds
According to two groups that track mutual fund cash flows, the move back toward aggressive growth funds
, which offer investors the highest potential rewards but come with a greater degree of volatility and risk of loss, reverses a trend in evidence through the last half of last year.
These Aggressive Growth funds
are given our highest rating; Zacks #1 Ranked Strong Buys.