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These Large-Cap Funds Won The First Half

FYI: Value took a break from its 2016 dominance in the first half of 2017, and bigger became even better.
The S&P Large Cap Growth Index has returned 16.6 percent year to date, while the S&P Large Cap Value Index has returned 5.7 percent.

Growth funds dominate a list of the best-performing large-cap funds between January 3 and June 30, according to data from Chicago-based Morningstar and New York-based Bloomberg. Of the top 10 large-cap performers in the first half of the year, in fact, all of them are growth funds, according to Morningstar.

While the best performances were posted by active mutual funds, investors would also have been well served investing in passive large-cap growth strategies. For example, share prices for the iShares S&P 500 Growth ETF grew by 11.6 percent through the first half of 2017. Similarly, the Vanguard Growth ETF, which tracks a large-cap growth index from MSCI, posted 14.75 percent gains in the first half of the year.

Even though the 10 funds on our list invested primarily in the same universe of mega-cap companies, they vary widely in size and exclusivity.

The following list presents the funds and first-half gains in ascending order of performance:
Regards,
Ted

1. Zevenbergen Genea Institutional (ZVGIX), 44.4 percent

2. Transamerica Capital Growth 1 (TFOIX), 34.4 percent

3. Morgan Stanley Capital Opportunities Trust (CPOAX), 33.1 percent

4. Morgan Stanley Inst Growt (MSEQX), 30.7 percent

5. Baron Fifth Avenue Growth (BFTHX), 30.6 percent

6. Franklin Dynatech (FKDNX), 29.1 percent

7. Edgewood Growth (EGFIX), 28.7 percent

8. Fidelity OTC (FOCPX), 28.1 percent

9 (tie). Touchstone Sands Capital (PTSGX), 28 percent

9 (tie). Touchstone Large Company (TSAGX), 28 percent
http://www.fa-mag.com/news/10-large-cap-mutual-funds-that-led-the-first-half-of-2017-33831.html?print
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