a fund that lags its category in three out of five years. “Another warning sign is a change in managers. A new manager may mean a different objective for the fund, and the new direction might not fit in with your overall strategy.”
Thus, you should look hard at the funds you’re going to entrust with your 401(k) money, and stay vigilant. “Too many people don’t know what they have,” says Hunt. “They put their money into a fund because they heard about it from a buddy in the next cubicle. That’s not a sensible way to build a retirement fund.”
Top 20 Equity Funds by Net Assets
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AVG. ANNUALIZED TOTAL RETURN |
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FUND NAME |
TICKER |
1-YEAR* |
3-YEAR* |
5-YEAR* |
NET ASSETS |
MIN. INIT. |
PHONE |
| Vanguard 500 Index | VFINX | -23.95 | 3.55 | 10.67 | 77.6 |
$ 3,000 |
800-662-7447 |
| Fidelity Magellan† | FMAGX | -25.29 | 6.43 | 10.46 | 71.7 |
2,500 |
N/A |
| Amer. Funds Inv. Co. Amer. A | AIVSX | >-8.78 | 9.14 | 13.24 | 53.9 |
250 |
800-421-4120 |
| Amer. Funds Wash. Mutual A | AWSHX | 3.38 | 6.87 | 12.77 | 48.2 |
250 |
800-421-4120 |
| Amer. Funds Growth Fund of Amer. A | AGTHX | -28.42 | 16.46 | 16.96 | 34.3 |
250 |
800-421-4120 |
| Fidelity Growth & Income | FGRIX | -15.55 | 4.94 | 10.80 | 32.5 |
2,500 |
800-544-6666 |
| Fidelity Contrafund | FCNTX | -21.03 | 7.37 | Pages: 1 2 3 4 5 6 7 8 9
ACROSS THE WEB
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