Growth Mutual Funds

If you are planning to invest in mutual funds, an aggressive growth mutual fund is a good option. With an aggressive growth mutual fund, you can expect high returns most of the time. Of course, this is dependent on the aggressive growth mutual fund that you choose. Now all aggressive growth mutual funds are the same. Some pose risks, while others are safe investments. Therefore, it is always good to spread out your investments and not put all your investment eggs in one basket, which spreads risks of losses.

When choosing your aggressive growth mutual fund, you need to examine certain performance factors. There are several of these but the most important are returns, investment values, performance ratings, and efficiency. Select aggressive growth mutual funds that rank high in these measurements.

The PH&N Community Values Canadian Equity, Mawer New Canada Fund, HSBC Small Cap Growth Fund Investor Series, Concordia Special Growth Fund, AGF Canadian Large Cap Dividend Fund Classic,and Ethical Canadian Dividend Fund are only some examples of aggressive growth mutual funds.

Here are profiles of some of these mutual funds to help with your selection process:

1. Mawer New Canada Fund - With a goodannualized five-year return in 2008, this mutual fund is one of the best gainers. It invests mostly on low shareholder capitalization companies with high growth potential.

2. Concordia Special Growth Fund - This mutual fund posted a significant number in five-year annualized returns in 2008. It is known to invest in companies requiring lower capitalization but have above average potential for gains.