Mutual Fund Recommendations From Money Magazine

Many of my Soldiers have been asking me about which mutual funds they should invest in.  They have been bitten by the investing/retirement bug, but they are somewhat at a loss of where to start.  That’s understandable.  There are a lot of things to consider when looking for a good mutual fund such as great long-term performance returns, low expenses, usually no-loads, excellent managers that have run the funds for decades, a consistant investment strategy, and highly ethical.  I absolutely hate giving specific advice about which mutual funds to invest in and which ones I am currently putting my money into.  I don’t want to do the leg work for anyone.  You should feel comfortable in your mutual funds and your investing decisions.  You should know where you are entrusting your money and why you are investing in them in the first place.  Even though I will not be specific, I can point you to some resources that I use to help me make my investing decisions. 

Money Magazine recommends a list of 70 mutual funds every year.  The list is spread across a broad asset allocation and is not about aiming for just the highest short-term returns.  Money Magazine’s choices offer a well-balanced portfolio that will help you reach your most important financial goals, like saving for your children’s college education, starting a business, or saving for your retirement.  You do not have to own all 70 mutual funds by any stretch of the imagination, but you should strive to own at least one large cap, med cap, small cap, and international mutual fund. (We will talk more about asset allocation in a future blog posting soon.)

Money Magazine focuses on certain criteria when selecting mutual funds such as low expenses, a strong record for putting share-holder interests first, a consistent investment strategy, and experienced managers.

http://money.cnn.com/magazines/moneymag/bestfunds/2008/actively.html

Ticker Fund name 1-yr
return
3-yr
return
5-yr
return
Exp.
ratio
Min.
inv.
Style
LARGE-CAP
AMCPX American Funds Amcap A -12.0% 1.8% 5.4% 0.7% $250 Growth
AMRMX American Funds American Mutual A -10.9% 3.6% 7.0% 0.6% $250 Value
FMIHX FMI Large Cap -3.2% 6.8% 10.7% 1.0% $1,000 Blend
JENSX Jensen J -1.7% 5.0% 5.8% 0.8% $2,500 Growth
MAVFX Matrix Advisors Value N/A% N/A% N/A% 1.0% $1,000 Blend
SLASX Selected American Shares S -12.2% 2.9% 7.8% 0.9% $1,000 Blend
SSHFX Sound Shore -3.0% 5.8% 9.7% 0.9% $10,000 Value
TRBCX T. Rowe Price Blue Chip Growth -5.8% 4.6% 6.9% 0.8% $2,500 Growth
PRFDX T. Rowe Price Equity Income -12.7% 2.7% 7.5% 0.7% $2,500 Value
VWNFX Vanguard Windsor II -16.2% 1.6% 8.2% 0.3% $10,000 Value
MIDCAP
FAMVX FAM Value Inv -11.4% 0.3% 5.9% 1.2% $500 Blend
FPPFX FPA Perennial -5.5% 3.8% 8.4% 1.0% $1,500 Blend
FAIRX Fairholme 3.3% 10.4% 15.8% 1.0% $2,500 Blend
FDVLX Fidelity Value -13.6% 3.1% 10.3% 0.7% $2,500 Value
JMCVX Janus Mid Cap Value Investor -0.5% 7.7% 12.7% 0.8% $2,500 Value
MERDX Meridian Growth -4.2% 6.0% 8.6% 0.8% $1,000 Growth
POAGX PRIMECAP Odyssey Aggressive Growth -13.8% 5.5% N/A% 0.8% $2,000 Growth
 SMALL-CAP
BRSVX Bridgeway Small-Cap Value N -8.1% 4.2% N/A% 0.9% $2,000 Value
PENNX Royce Pennsylvania Mutual Invt -4.1% 6.8% 11.9% 0.9% $2,000 Blend
RYVPX Royce Value Plus Svc -8.9% 8.9% 15.9% 1.3% $2,000 Growth
PRNHX T. Rowe Price New Horizons -7.6% 3.2% 9.3% 0.8% $2,500 Growth
 MULTI-CAP
BRAIX Bridgeway Aggressive Investors 2 -0.4% 7.5% 12.5% 1.2% $2,000  
MUHLX Muhlenkamp -20.6% -7.3% 4.3% 1.1% $1,500  
WEHIX Weitz Hickory -23.1% -4.2% 4.8% 1.2% $2,500  
 SPECIALTY
CSRSX Cohen & Steers Realty Shares -9.1% 5.2% 15.0% 0.9% $10,000 Real estate
PRNEX T. Rowe Price New Era 13.7% 18.5% 25.1% 0.6% $2,500 Natural resources
TAREX Third Avenue Real Estate Value -18.3% 0.9% 10.7% 1.1% $10,000 Real Estate
 FOREIGN
AEPGX American Funds EuroPacific Gr A -5.3% 10.2% 15.3% 0.7% $250 Large Blend
NEWFX American Funds New World A 6.0% 18.2% 21.4% 1.0% $250 Large Growth
ARTIX Artisan International Inv -8.0% 9.1% 13.3% 1.2% $1,000 Large Growth
DODFX Dodge & Cox International Stock -10.6% 9.1% 17.5% 0.7% $2,500 Large Value
OAKIX Oakmark International I -19.8% 3.8% 11.2% 1.1% $1,000 Large Value
PRMSX T. Rowe Price Emerging Markets Stock -1.2% 18.2% 24.9% 1.2% $2,500 Emerging markets
PRIDX T. Rowe Price International Discovery -12.3% 10.4% 18.4% 1.2% $2,500 Small-cap, Midcap
TAVIX Third Avenue International Value -11.1% 4.5% 15.0% 1.4% $10,000 Value
VWIGX Vanguard International Growth -9.2% 9.0% 13.6% 0.5% $3,000 Large Blend
 CORE BOND
DODIX Dodge & Cox Income 3.2% 3.5% 3.8% 0.4% $2,500 Core
FPNIX FPA New Income 5.2% 4.9% 4.2% 0.6% $1,500 Core
HABDX Harbor Bond Instl 7.9% 4.8% 5.0% 0.6% $1,000 Core
VIPSX Vanguard Inflation-Protected Secs 12.5% 6.1% 6.4% 0.2% $3,000 Core
SPECIALTY BOND
AHITX American Funds American Hi Inc Tr A -0.6% 3.7% 6.9% 0.7% $250 Specialty
RPIBX T. Rowe Price International Bond 8.2% 5.2% 6.7% 0.8% $2,500 N/A
VWITX Vanguard Interm-Term Tax-Ex 6.0% 3.6% 3.8% 0.1% $3,000 Specialty
Data as of: August 19, 2008

http://money.cnn.com/magazines/moneymag/bestfunds/2008/actively.html

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21 Responses to Mutual Fund Recommendations From Money Magazine

  1. [...] of the company’s five mutual funds have consistently ranked in Money Magazine’s List of Top 70 Mutual Funds, as well as Kiplinger’s Personal Finance Magazine’s Top 25 Mutual [...]

  2. [...] A member of Money Magazine’s Top 70 or Kiplinger’s Top 25 Mutual Funds. These funds have been pre-screened by financial professionals [...]

  3. [...] Mutual Fund Recommendations From Money Magazine – The top seventy mutual funds rated by the magazine.  If you are looking for a new fund to invest in, start with this list as a good screen. [...]

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  21. […] Mutual Fund Recommendations From Money Magazine …2008. 8. 20. – Money Magazine recommends a list of 70 mutual funds every year. The list is spread across a broad asset allocation and is not about aiming for just the highest … http://money.cnn.com/magazines/moneymag/bestfunds/2008/ …http://militarymoneymight.wordpress.com/2008/08/20/mutual-fund-recommendations/ […]

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