In terms of fees, EGFFX is a no load fund. Thus, taking a closer look at cost-related metrics is vital for investors. Compared to its otherwise identical counterpart, a low-cost product will be an outperformer, all other things being equal. EGFFX has generated a positive alpha over the past five years of 3.29, demonstrating that managers in this portfolio are skilled in picking securities that generate better-than-benchmark returns.Īs competition heats up in the mutual fund market, costs become increasingly important. Because alpha represents a portfolio's performance on a risk-adjusted basis relative to a benchmark, which is the S&P 500 in this case, one should pay attention to this metric as well. EGFFX has a 5-year beta of 1.03, which means it is likely to be as volatile as the market average. Investors should not forget about beta, an important way to measure a mutual fund's risk compared to the market as a whole. These results could imply that the fund is a better choice than its peers during a sliding market environment. In the most recent bear market, EGFFX lost 47.5% and outperformed its peer group by 1%. It's always important to be aware of the downsides to any future investment, so one should not discount the risks that come with this segment. This makes the fund more volatile than its peers over the past half-decade. The fund's standard deviation over the past 5 years is 13.85% compared to the category average of 11.57%. EGFFX's standard deviation over the past three years is 13.23% compared to the category average of 11.77%. The lower the standard deviation, the less volatility the fund experiences. When looking at a fund's performance, it is also important to note the standard deviation of the returns. If you're interested in shorter time frames, do not dismiss looking at the fund's 3-year annualized total return of 21.2%, which places it in the top third during this time-frame. This fund in particular has delivered a 5-year annualized total return of 14.67%, and it sits in the top third among its category peers. Investors naturally seek funds with strong performance. A team of investment professionals is the fund's current manager. Edgewood Growth Fund Retail made its debut in March of 2006, and since then, EGFFX has accumulated about $446.84 million in assets, per the most up-to-date date available. Companies are usually considered to be large-cap if their market capitalization is over $10 billion.Įdgewood is based in Kansas City, MO, and is the manager of EGFFX. companies that are expected to develop and grow at a faster rate than other large-cap stocks. Large Cap Growth mutual funds purchase stakes in numerous large U.S. EGFFX bears a Zacks Mutual Fund Rank of 4 (Sell), which is based on nine forecasting factors like size, cost, and past performance.ĮGFFX is part of the Large Cap Growth section, and this segment boasts an array of other possible options. There are plenty of choices in the Large Cap Growth category, but where should you start your research? Well, one fund that may not be worth investigating is Edgewood Growth Fund Retail (EGFFX).
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