Top Ten Large Cap Growth Funds with Low Costs


Lower Cost top ten large cap growth mutual funds

This financial summary covers very low cost large cap growth funds. Within this article, we enumerate the 10 best large cap growth mutual fundsthat have lower investment fees compared to the average large cap growth fund. The primary goal for this summary is to identify lowest expense ratio large cap growth funds, since low investment fund costs are very important, if you want to choose from among the top large cap mutual funds. This investment analysis explains why.

Top 10 large cap growth mutual funds with low investment fees

  1. Vanguard Growth Index – Admiral
    • 0.14% — annual management expense ratio including 12b-1 fee (if any)
    • n/a — taxable account minimum investment
    • VIGAX — ticker symbol
  2. Vanguard Growth Index – Investor
    • 0.28% — annual management expense ratio including 12b-1 fee (if any)
    • $3,000 — taxable account minimum investment
    • VIGRX — ticker symbol
  3. Vanguard US Growth – Admiral
    • 0.30% — annual management expense ratio including 12b-1 fee (if any)
    • n/a — taxable account minimum investment
    • VWUAX — ticker symbol
  4. Fidelity Large Cap Growth Enhanced Index
    • 0.45% — annual management expense ratio including 12b-1 fee (if any)
    • n/a — taxable account minimum investment
    • FLGEX — ticker symbol
  5. Vanguard US Growth – Investor
    • 0.49% — annual management expense ratio including 12b-1 fee (if any)
    • $3,000 — taxable account minimum investment
    • VWUSX — ticker symbol
  6. Vanguard Growth Equity
    • 0.51% — annual management expense ratio including 12b-1 fee (if any)
    • $3,000 — taxable account minimum investment
    • VGEQX — ticker symbol
  7. American Beacon Large Cap Growth AMR
    • 0.63% — annual management expense ratio including 12b-1 fee (if any)
    • n/a — taxable account minimum investment
    • ALFIX — ticker symbol
  8. Harbor Capital Appreciation – Institutional
    • 0.69% — annual management expense ratio including 12b-1 fee (if any)
    • n/a — taxable account minimum investment
    • HACAX — ticker symbol
  9. Turner Core Growth – Institutional
    • 0.69% — annual management expense ratio including 12b-1 fee (if any)
    • $100,000 — taxable account minimum investment
    • TTMEX — ticker symbol
  10. Invesco Van Kampen Capital Growth Y
    • 0.70% — annual management expense ratio including 12b-1 fee (if any)
    • $250 — taxable account minimum investment
    • ACPDX — ticker symbol

Top 10 large cap growth mutual funds with lowest investment fund management expense ratios

Least costly investment firm funds typically do a more reliable job of delivering superior net investment performance to the average investor. Greater cost investment company funds reduce ETF (exchange traded fund) and mutual fund return performance, because their higher fees continually yank on average investors’ purses.

This list of very low expense ratio large cap growth mutual funds has been arranged with the least expensive investment company funds at the beginning. However, every one of these investment company funds is one of the less expensive mutual funds in this category. Check out the remarks at the bottom to see how the list was developed.

Be aware that growth mutual funds will usually not track passive market index fund performance. Instead, growth mutual funds will tend to amplify positive performance in up markets and magnify negative fund returns in downward markets. While the lower cost funds on this list tend to have quite low turnover, their turnover and associated trading costs will be higher than a fully passive S and P no load index fund that targets a broadly diversified US stock market index return. In fact, some of the funds on this top 10 growth funds list have greater than 100% annual turnover. Finally, some of these funds might not be available for direct purchase by investors, but may only be accessible to select investors who might, for example, be permitted to invest in them via a retirement plan that offers them.

Something else worth noting concerns the choice between a low cost large cap top 10 growth mutual fund versus a large cap top 10 value fund with similarly low costs. While growth funds tend to amplify market movements, value funds tend to move somewhat counter to market movements. The long-term mutual fund performance history gives the edge to a low cost large cap value fund, but you need to be able to stomach a contrarian investment strategy. When others are bragging at cocktail parties about their wizardry (really far more likely just dumb luck) in an upward trending stock market, you are likely to have to hold your tongue. And when the markets are down, the cocktail crowd will still be unlikely to want to hear about your good fortune, if their stock fund portfolios are down.

Remarks about how this no load investment funds listing has been constructed.

Lists of very low cost investment funds tend to be quite stable across periods of time. The reasons are very understandable and simple. When an investment fund firm competes strategically with lowest cost investor funds rather than with more costly actively managed investing ploys, then that investment company usually tends to continue on very low cost investing funds. When that investment fund company provides low fee, low turnover, and passively managed investment funds, it usually tends to keep marketing the same.

However, info about this list of low cost investor funds could have altered after this investing analysis was written and edited, and it is your personal responsibility to check any information and data, before you make any kind of financial decision.

Here are our mechanical database selection methods used to develop this listing of these low cost investor funds:

  • DATA BASE SELECTION PROCESSES: The automated database selection processes were employed on large scale investment fund datasets which were thought to encompass almost the universe of investable investment company funds.
  • SELECTING VERY LOW COST NOLOAD INVESTMENT FUNDS IS OUR MAIN GOAL: The primary objective has been to select lower cost no load investment funds. Our list of these lowest cost noload investment firm funds was selected to try to remove those investment firm funds charging investment loads that would be either level loads, front-end loads, or back-end sales loads. This investment company fund list additionally has attempted to identify and remove those investment company funds which assess 12b1 fees, although such 12b-1 sales fees sometimes may be difficult to determine.
  • LISTED FUNDS TEND TO BE MORE PASSIVE INDEX TRACKING INVESTING FUNDS: Because lower cost noload investment company funds usually are index tracking investing funds, in addition, they tend to have lesser securities portfolio turnover versus the higher asset portfolio turnover of non-index, actively managed investor funds. Far lower asset turnover tends to be correlated with lower asset trading and brokerage expenses and costs. Thus, screened funds most often are passively managed index investor funds, as these very low cost investing models cannot support such more costly and more risky active trading ploys.
  • FUND PERFORMANCE RATING DATA IS LIKELY TO BE FAR LESS USEFUL THAN PICKING VERY LOW COST NO SALES LOAD INVESTMENT FIRM FUNDS: Regarding exchange traded funds (ETF) and mutual funds performance, many naive investors first look at historical mutual fund returns trying to select the best performing mutual funds for the future. Doing this is likely to be a foolish strategy, since historical mutual fund return data tends to be much less reliable than picking much lower cost no load index investing funds with passive management, low turnover, and low fees.
  • LOW COSTS ARE THE FUNDAMENTAL REASON WHY YOUR PORTFOLIO CAN EARN ENHANCED INDEX FUND PERFORMANCE: When you invest in much lower cost noload index investing funds, their fundamentally lower costs are the fundamental reason why your portfolio can earn higher level mutual fund returns and ETF exchange traded products performance returns. When you purchase much lower cost index investor funds, then expect to get exchange traded funds (ETF) and mutual fund performance returns that target the underlying index less the much lower costs you pay and a relatively small error in tracking the index.
  • TOTAL INVESTED ASSETS PLUS FUND AGE: Regarding the total assets of these low cost investment funds and time that they have existed, the vast majority hold at least a hundred million of total asset value and have been operating for at least three years.
  • AVAILABLE FOR NEW MONEY: Most of these low cost investing funds were open to new investor assets at the time of publication. These investment funds could be available for ordinary investors either via direct purchases, via lower cost stock brokers, or only via some institutional arrangement for particular participants. Usually the better method to find out about how to invest in these lowest cost investor funds would be to do a search using your favorite search engine using the investment firm name or ticker symbol.
  • ZERO DUE DILIGENCE, EVALUATION, OR ANALYSIS: Exclusively, mechanical database selection processes were used. Absolutely No analysis, evaluation, or due diligence of any sort was performed with any of these investor funds.

Scholarly securities investment research studies consistently establish that least cost investment fund management expenses tend to yield higher level investment fund plus exchange traded fund (ETF) performance. The asset securities investment market place is no safe place for investors to endeavor to beat the market by tactically active but necessarily costly investing ploys which usually will fail.

Perhaps surprisingly, even pro active asset managers on average don’t do better than the market once their higher investment firm management expense ratios, greater trading costs, and higher short-term capital gains taxes are considered. The greater the investment management fees, trading expenses, and investment taxes, the lower the actual securities investment performance for average investors. Investment money managers cannot earn sufficiently high performance to offset their higher management expense ratios, brokerage expenses, and trading taxes. As such, these increased and uncompensated investment company management fees, trading costs, and investment taxes make average investors get lesser real investment returns. Average investors spend more and take home less.

To find more investing research reports that discuss the heavy and unjustified management fees, brokerage sales expenses, plus trading taxes associated with investment companies look at these investment articles:

IMPORTANT NOTICE: This listing of the investor funds was compiled using numerical database screening methods that removed investing funds which didn’t meet the screening criteria listed previously. Zero due diligence, evaluation, or analysis of any kind has been performed on any of these investment funds listed here. This list of investor funds is solely for your information. Our list is NOT investment advice, is NOT a solicitation or offer to sell securities, and is NOT an offer of any financial services. Our list might not be complete. There could be errors with this data and information and it could be out dated. Also, there could be errors in or problems with the underlying databases, the automated data base selection methods that were used, and/or the editing, transcription, and publication. It is solely and entirely your responsibility to check any and all information and data, prior to making any kind of financial decision.

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