Top Mutual Fund Selections for 2017 Investors
Explore the best mutual fund options for 2017 to build a resilient investment portfolio amidst market volatility. This guide covers popular funds across various sectors, including healthcare, finance, and technology, suitable for different risk appetites. With rising interest rates and a maturing economy, these selections can help investors capitalize on emerging opportunities and safeguard their assets effectively.
Top Mutual Fund Selections for 2017 Investors
In a time of increased market volatility, investors should proceed with caution. Some funds may outperform while others lag behind. Below are some strong mutual fund options worth considering for your 2017 portfolio.
Vanguard 500 Index Fund: A comprehensive index fund with a low expense ratio of 0.16%, requiring a minimum investment of $3,000.
Fidelity Nasdaq Composite Index Fund: Another broad market index fund with an expense ratio of 0.29% and a $2,500 initial investment. With the economy maturing, growth stocks—especially in technology—are likely to lead gains.
Vanguard HealthCare Fund: Focused on the healthcare sector, this fund has a 0.36% expense ratio and $3,000 minimum investment. Increased healthcare stocks after the presidential election make this a top pick. About 15% of holdings are in biotech, with the remaining in healthcare equipment, technology, and managed services.
Fidelity Select Banking Fund: With an expense ratio of 0.79% and $2,500 minimum, this fund is poised for growth. Post-election, financial stocks have gained popularity, mainly in banking sectors with limited exposure to brokerage and insurance companies.
Fidelity Select Consumer Staples Fund: A sector-based fund offering portfolio diversification. Requires a minimum of $2,500 with an expense ratio of 0.77%.
T.Rowe Price Floating Rate Fund: Unlike traditional bonds, the floating rate fund adjusts periodically based on LIBOR or US Treasury yields. Amid rising interest rates expected in the year, these bonds are highly attractive for value appreciation.
Hussman Strategic Total Return: Mainly composed of fixed income assets, this fund serves as a hedge against inflation while minimizing market risk. The portfolio heavily favors cash, bonds, and minimal equity exposure.
As the economy enters a phase of rising interest rates within a mature business cycle, diversifying across these funds can help grow your wealth effectively.
