Mutual funds generate higher returns than regular savings accounts or time deposits. Many investors rely on mutual funds to earn and gain income, especially the risk-takers who prefer stock funds or equity funds.
These pooled funds are invested in different assets such as money market funds, fixed income securities, and equities.
Mutual funds are pooled investments managed by professionals and financial experts.
Top 5 Best Performing Balanced Funds in the Philippines in 2022:.Top 9 Best Performing Equity Funds in the Philippines in 2022:.Best Mutual Funds in the Philippines in 2022.Different Kinds of Mutual Funds Available Right Now.To view the Zacks Rank and past performance of all utilities mutual funds, investors can click here to see the complete list of funds.īy 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. The utilities mutual fund has a three year annualized return of 12.59%.ĭouglas Simmons is the fund manager and has managed this utilities mutual fund since 2006. It purchases both domestic and foreign securities. The utilities mutual fund has a three year annualized return of 12.95%.Īs of August 2013, this utilities mutual fund held 27 issues, with 7.94% of its total assets invested in Duke Energy Corporation.įidelity Advisor Utilities A ( FUGAX) invests a large share of its assets in firms from the utilities sector as well as those which derive a large share of revenues from related operations. The fund may invest in both domestic and foreign instruments. The fund focuses in acquiring common stocks. The utilities mutual fund has a minimum initial investment of $2,500 and an expense ratio of 0.68% compared to a category average of 1.20%.įidelity Select Utilities ( FSUTX) seeks invests the majority of its assets in utility companies or those deriving a large share of their revenues from operations in this sector. The utilities mutual fund has a three year annualized return of 13.09%. Quantitative and qualitative techniques are used to identify the company for investment. Hratch Najarian is the fund manager and has managed this utilities mutual fund since 2011.Īmerican Century Utilities ( BULIX) invests a large share of its assets is in companies whose primary operations are involved in the utility sector. The utilities mutual fund has a three year annualized return of 15.48%. The balance of the fund’s assets is utilized to purchase money market securities. Utilities Index by investing in equity securities and derivatives with identical daily returns. ProFunds Utilities UltraSector ( UTPIX) seeks to provide 150% of the daily return of the Dow Jones U.S. The utilities mutual fund has a minimum initial investment of $2,500 and an expense ratio of 1.89% compared to a category average of 1.20%. The utilities mutual fund has a three year annualized return of 12.13%. Investments are made in those companies which mint more than 50% of its revenues via supplying services and equipment to utility companies. A minimum of 25% of its assets are parked for investment in public utility companies.
Meeder Utilities and Infrastructure ( FLRUX) invests the majority of its assets in domestic and foreign utility companies including its suppliers and subcontractors.
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