Top 5 Aggressive Growth Mutual Funds - Best of Funds

Investors looking to harness the power of surging markets would do little wrong by betting on aggressive growth funds. This category of funds invests heavily in stocks trading at low prices, IPOs and volatile securities in order to reap maximum benefits from positive market conditions. Securities are selected on the basis of their issuing company's potential for growth and profitability. Mutual funds offer a safer route to investing in these securities by holding a wide range of securities and adjusting portfolios in response to prevailing market conditions.

Below we will share with you 5 top rated aggressive growth 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 aggressive growth funds, then click here.

Needham Aggressive Growth (NEAGX) seeks capital appreciation. Equity securities of domestic companies constitute at least 65% of the fund's investments. The fund invests in companies of all sizes but concentrates on smaller firms. The aggressive growth mutual fund has a three year annualized return of 16.09%.

The aggressive growth mutual fund has a minimum initial investment of $2,000 and an expense ratio of 2.05% against a category average of 1.42%.

Eagle Mid Cap Growth A (HAGAX) invests at least 80% of its assets in equity securities of mid-cap companies which were within the market capitalization range of the Russell Midcap Growth index during the most recent 12-month period. The aggressive growth mutual fund has a ten year annualized return of 8.99%.

As of March 2011, this aggressive growth mutual fund held 73 issues, with 2.79% of its total assets invested in Chicago Bridge & Iron Company.

Bridgeway Aggressive Investors 1 (BRAGX) seeks to provide higher total return than the stock market at levels of risk which the market experiences over long periods. The fund may purchase stocks with relatively lower levels of market liquidity. This aggressive growth mutual fund returned 30.58% in the last one year period.

John Barr is the fund manager and has managed this aggressive growth mutual fund since 2010.

Franklin Growth Opportunities A (FGRAX) invests in stocks of companies with above average growth potential and may consider investing in small and mid-sized companies. The fund may also purchase foreign securities and invest in a specific sector such as technology. The aggressive growth mutual fund has a five year annualized return of 5.74%

The aggressive growth mutual fund has a minimum initial investment of $1,000 and an expense ratio of 1.24% against a category average of 1.42%.

Commerce MidCap Growth (CFAGX) seeks capital growth over the long term. The fund invests the majority of its assets in mid-cap companies which have the ability to deliver significant earnings growth. This aggressive growth mutual fund returned 34.59% in the last one year period.

Joseph C. Williams III is the fund manager and has managed this aggressive growth mutual fund since 2006.

To view the Zacks Rank and past performance of all aggressive growth mutual funds, then click here.

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 at http://www.zacks.com/funds/mutualfund/