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Wednesday, January 07, 2015|
This Is the Stock Fund to Beat in 2015
Allow MFWire to introduce you to the Glenmede Large Cap Growth Fund [profile], the stock fund to beat this year.
Suzanne McGee of the Wall Street Journal reveals that, in the paper's winners' circle contest of actively-managed stock funds, the Philadelphia-based mutual fund shop's 871.3-million, five-star fund came out on top for 2014, ranking first among diversified U.S. stock funds (excluding index funds and sector funds) with three-year track records and more than $50 million in assets under management, thanks to a 20-percent return. The fund is co-PMed by Glenmede quantitative research director Vladimir de Vassal and Paul Sullivan.
The $70.3-million, three-star PNC Large Cap Growth Fund [profile] came in second. And the $7.3-billion, gold-rated and five-star Vanguard Primecap Core Fund [profile] came in third. Expect all three funds to catch the attention of advisors and investors.
The WSJ piece highlights the emphasis on "real, demonstrable earnings growth" as a key piece of the Glenmede and PNC funds' investing approaches. The article offers quotes and stock picks from PMs from both funds.
Printed from: MFWire.com/story.asp?s=50530
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