Top Mutual Funds for the Last Ten Years
- Some mutual funds have good long-term records.business charts with buy image by Andrew Brown from Fotolia.com
The first decade of the 21st century was a tough one for investors. In the ten years ending on December 31, 2009, the stock market had crashed twice, and the overall stock market was almost exactly where it started the 10-year period. However, the top-performing mutual funds managed to provide positive returns for their investors. - Natural resources was the top performing category for the ten years, and the USAA Precious Metals and Minerals Fund was the top fund in the group. This mutual fund had an average annual return of 24.44 percent for the decade ending on December 31, 2009. The USAA Precious Metals and Minerals Fund is a no-load fund and has $1.5 billion in assets.
- The CGM Focus Fund was the best-performing fund investing in large-capitalization growth stocks for the 10 years. The fund had an average annual return of 18.8 percent. The CGM Focus Fund is a no-load fund with $3.6 billion in assets.
- The Bruce Fund is a flexible, asset-allocation fund that returned 18.3 percent per year for the 10-year period. Stock focus in the fund is toward small cap, value stocks. The Bruce Fund is a no-load fund with $220 million in assets.
- The Burnham Financial Services fund holds stocks in the financial-services sector. The fund had an average annual return of 13.3 percent for the ten-year period. The Burnham Financial Services has a maximum 5 percent sales charge and $60 million in assets.
- The Robeco Small Cap Value II fund was the best-performing fund for small capitalization stocks. The fund had an annual return of 13 percent for the 10-year period. The Robeco Small Cap Value is a no-load fund with $83 million in assets.
- The Fidelity Select Medical Delivery fund owns stocks in the health-care sector. The fund had an average annual return of 12.8 percent for the 10-year period. The Fidelity Select Medical Delivery is a no-load fund with $500 million in assets.
- The Matthews China fund is the top performing Asia-focused fund, owning stocks from China, Taiwan and Hong Kong. The fund had an annualized return of 17.5 percent for the 10 years. The Matthews China fund is a no-load fund with $2.7 billion in assets.
- The Fidelity Latin America fund was the top-performing mutual fund focused on Latin American stocks. The fund had an average annual gain of 16.6 percent for the 10-year period. The Fidelity Latin America fund is a no-load fund with $4.5 billion in assets.
