The Mutual Fund Site Announces Top Pick For 2011
The Mutual Fund Site published its top mutual fund pick for 2011. The website, which focuses on the top-rated mutual funds, was updated late on January 3, 2011, announcing the Franklin Growth Fund as its top pick.
With an obvious and admitted bias toward domestic equity growth funds that has revealed itself throughout posts in the final quarter of 2010, the Mutual Fund Site highlighted several of the fund’s strengths. Having stuck to its bottom-up approach, the site pointed at top holdings which include Apple, IBM, 3M, and Boeing, as the most compelling reasons for strong performance in 2011.
“We believe that the risk profile of this equity mutual fund, strong economic and market fundamentals that point to 2011 as being a strong year for large cap growth equities and a host of other key factors really highlight the relevance of the Franklin Growth Fund,” wrote Chris Blanchet, the site’s Fund Advisor.
“We have a strong track record here,” Blanchet elaborated. “Our picks for 2010 both beat the S&P 500, including our fixed-income pick that achieved 15.72% and our other top pick, a small cap fund that returned 25.88%. Times are different this year, so our top equity fund pick will be different as well. The Franklin Growth Fund makes sense and we stand behind our pick one hundred percent.”
About The Mutual Fund Site
The Mutual Fund Site bills itself as a premium mutual fund review service without the monthly membership fees. The website employs three writers with more than 50 years of collective experience in financial planning and advising.
- Contact Information
- Chris Blanchet
- Fund Advisor
- Mutual Fund Site
- Contact via E-mail
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