- The best no load funds will offer lower risks
- Many of the best no load mutual funds have no minimum investment amounts
- No load investment funds are a better buy than loaded funds
1. Fidelity Contrafund
Fidelity Contrafund is one of the best no load funds available, especially if you are on a tight budget. Managed by Will Danoff and traded under the symbol FCNTX, this fund is a large company growth fund that usually does better than the S&P 500 stock index for annualized returns. This fund has high amounts of blue chips and stable investments in the portfolio.
2. Fidelity Low-Priced Stock Fund
This is one of the no load investment funds that should be considered if your budget is tight but you want to invest. This fund has had an impressive track record right from the beginning. Trading under the symbol FLPSX and managed by Tillinghast, this fund is one that can help your money grow even when economic times are a bit rough.
3. Vanguard Total World Stock Index Fund
A small three thousand dollar minimum investment into this and a number of other best no load mutual funds means even a tight budget can afford the cost of getting in on this fund. With the Vanguard name and reputation, and a good history of solid returns, this fund can be invested in with a small amount, and there are no load fees involved.
4. Vanguard Federal Money Market Fund
The Vanguard Federal Money Market Fund, symbol VMFXX, has a very low share price of one dollar which stays consistent. This is a taxable money market fund which has an expense ratio of twenty eight one hundredths of a percent, and your initial investment can be as low as two or three thousand dollars, depending on the specific type of investment account you open. One of the best no load investment funds out there.
5. Vanguard Short Term Bond Index Fund
One of the best no load mutual funds is the Vanguard Short Term Bond Index Fund if you have a budget which is tight. This fund is considered low risk and has a solid track record. The annual management expense ratio is eighteen one hundredths of a percent, and the initial investment needed is a low three thousand dollars.
6. RidgeWorth Intermediate Bond Institutional Fund
The RidgeWorth Intermediate Bond Institutional Fund is one of the best no load investment funds that you will find for any size budget. There is no minimum investment amount for this no load fund, so you do no have to wait until you raise a specific amount of investment capital. With over nine hundred million dollars in assets, this fund can be considered stable.
7. DFA Five-Year Government Portfolio Institutional Fund
Trading under the symbol DFFGX, the DFA Five-Year Government Portfolio Institutional Fund is one of the best no load funds. There is no minimum investment amount, so even a couple of hundred dollars or less can get you started on investing in this fund. This fund is low risk and has low volatility, so it is a safer option than many high risk funds.
8. MFS Government Securities R3 Fund
The MFS Government Securities R3 Fund, trading symbol MGVSX, is one of the best no load funds that you can find for a low investment amount. With almost one and a half billion dollars in assets, this can be considered a sizable fund, but there is no minimum investment amount. Low volatility and a AAA rating make this fund a pretty good bet.
9. Goldman Sachs Short Duration Government Service Fund
The Goldman Sachs Short Duration Government Service Fund is one of the best no load funds that deals in government bonds on short term time frames. This fund has over one point seven billion dollars in assets, no minimum investment amount, a very low volatility, and a decent yield and return. This is a terrific fund if your budget is small.
10. Munder Tax Free Short-Intermediate Bond K Fund
The Munder Tax Free Short-Intermediate Bond K Fund is a great way to invest in one of the best no load investment funds. This fund offers no minimum investment amounts, an expense ratio a little over two percent, and a smaller size. If you want to invest but do not have a large amount to start with, this may be the fund for you.
May 31st, 2009 at 1:25 pm
I’ve been looking through these blogs for a while now, and I’m glad that I finally stumbled across this blog. I’ve been trying to find a fund that I could invest in and kept getting excited about what the other blogs were saying but didn’t know where to start. Now I know…
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