Top 5 Zacks #1 Ranked Energy Mutual Funds - Best of Funds
15 Abril 2013 - 8:46AM
Zacks
As the global appetite for energy continues to increase rapidly,
governments and corporations alike are devoting greater resources
for the discovery of new energy sources as well as the development
of more efficient technology in this domain. In fact, newer
economic powerhouses such as China are discovering that the going
is even tougher for them. Prices of these invaluable resources
continue to rise at a steady rate and the energy sector is clearly
a lucrative investment option. Mutual funds are a superior option
for forays into the industry as they reduce risks involved by
holding widely diversified portfolios.
Below we will share with you 5 top rated energy mutual funds.
Each has earned a Zacks #1 Rank (Strong Buy) as we expect these
mutual funds to outperform their peers in the future. To view the
Zacks Rank and past performance of all energy funds, investors can
click here to see the complete list of funds.
Franklin Natural Resources A (FRNRX) seeks high total
return. The fund invests a large share of its assets in equity and
debt securities of natural resources companies. A maximum of 20% of
its assets may be invested in both domestic and foreign securities
from other sectors. The energy mutual fund has a three year
annualized return of 4.34%.
The fund manager is Frederick Fromm and he has managed this
energy mutual fund since 2003.
ING Global Natural Resources A (LEXMX) invests heavily in
equity securities of domestic or foreign companies related to the
natural resources industry. A maximum of 50% of its assets may be
invested in any single industry. This energy mutual fund has a
three year annualized return of 3.87%.
The energy mutual fund has a minimum initial investment of
$1,000 and an expense ratio of 1.56% compared to a category average
of 1.56%.
BlackRock All-Cap Energy & Resources Investor A
(BACAX) seeks capital appreciation over the long term. The fund
invests the majority of its assets in energy and natural resources
firms worldwide. The energy mutual fund has a three year annualized
return of 0.58%.
As February 2013, this energy mutual fund held 61 issues, with
5.12% of its total assets invested in EOG Resources.
JHancock2 Natural Resources 1 (JINRX) invests a large
share of its assets in equity and related securities of companies
across the world whose primary operations involve natural
resources. It focuses on those companies which may generate higher
profits from the rising demand of natural resources. The energy
mutual fund has a three year annualized return of -0.35%. <
P> The energy mutual fund has an expense ratio of 1.11% compared
to a category average of 1.56%.
RS Global Natural Resources A (RSNRX) seeks capital
growth over the long term. The fund invests heavily in shares of
companies primarily engaged in the energy and natural resources
business. It invests in minimum three different nations. This
energy mutual fund has a three year annualized return of 8.63%.
The fund manager is Andrew J. Pilara, Jr. and he has managed
this energy mutual fund since 1995.
To view the Zacks Rank and past performance of all energy mutual
funds, investors can click here to see the complete list of
funds.
About Zacks Mutual Fund Rank
By applying the Zacks Rank to mutual funds, investors can find
funds that not only outpaced the market in the past but are also
expected to outperform going forward. Learn more about the Zacks
Mutual Fund Rank.
View All Zacks #1 Ranked Mutual Funds
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