- The best no load mutual funds will involve mutual funds that are highly rated
- Many no load short term bond funds provide a fantastic investment opportunity
- No load funds have various minimum investment amounts, from one dollar up to several million, so there are no load mutual funds for any income level
1. CGM Focus Fund, symbol CGMFX
One of the best no load mutual funds is CGM Focus Fund. This fund made the Kiplinger list of the top twenty five funds available. Since the year 2002, this fund has had a return over four hundred percent, with almost one hundred percent return even in a down market. With these figures, it is no wonder financial advisors choose this fund frequently.
2. Fairholme Fund, symbol FAIRX
The Fairholme Fund is another top ten pick for no load mutual funds. This fund has a solid history and a good track record in smart investing. These are just two of many reasons that this fund is listed as one of the best funds out there. A one percent expense ratio and a performance that is better than a lot of the S&P funds means that the Fairholme Fund can be a terrific investment opportunity.
3. Fidelity Low-Priced Stock Fund, symbol FLPSX
The Fidelity Low-Priced Stock Fund is one of the best no load funds out there. This fund has a superior performance, and has shown performance that is points better than the benchmark set by Morningstar. The expense ratio is slightly under one percent, and the fund manager uses a threshold of thirty five dollars to find fund investments that are high quality at great values and reasonable prices.
4. Delafield Fund, symbol DEFIX
The Delafield fund is one of the available no load funds that may make a terrific investment. This fund places an emphasis on capital preservation as well as appreciation, where many funds are simply focused on appreciation. This fund is one that may be advisable if you are investing money you do not want to take high risks with.
5. Fidelity Short-Term Bond Fund, symbol FSHBX
The Fidelity Short-Term Bond Fund is one of the no load short term bond funds that can offer a number of benefits to investors. This fund is highly rated by Morningstar, and has an expense ratio of less than half of one percent. The minimum investment amount for this fund is twenty five hundred dollars, and there are no load or transaction fees involved.
6. SPDR: S&P Biotech ETF, symbol XBI
This is one of the no load mutual funds that has holdings in the health industry. This biotechnology fund has no load fees, and includes holdings in biotechnology stocks. There is no minimum investment, and the assets valued at almost half a billion dollars make this fund one of the bigger ones out there. The fund follows the S&P, making it less volatile as well.
7. Forester Value Fund, symbol FVALX
The Forester Value Fund is one of the best no load mutual funds you will find. Morningstar has given this fund a five star rating, making it one of the best funds to invest in. There is a minimum of twenty five hundred dollars needed to invest in this fund, and the asset value is slightly less than seventy million. This fund is somewhat small but highly rated.
8. Northern Institutional U.S. Treasury Index Portfolio C, symbol BUTCX
This fund belongs in the no load short term bond funds, and it is one that deserves a second look. The bonds in this fund are all rated triple A, and the fund received the highest five star rating. Investing is the fund does not come cheap though, because there is a five million dollar investment minimum. This fund is also more volatile than many other no load funds, so it is not for the faint or inexperienced.
9. Old Westbury Fixed Income Fund, symbol OWFIX
This is one of the best no load mutual funds out there for anyone who does not have large sums to invest right away, as well as those investors who have millions. This fund is rated with five stars, and the minimum investment capital needed is only one thousand dollars. The asset value for this fund is around two hundred million dollars, and the expense ratio is seven tenths of one percent.
10. Manning & Napier Pro Blend Conservative Term Series S Fund, symbol EXDAX
The Manning & Napier Pro Blend Conservative Term Series S Fund is one of the best no load funds available. This fund is conservative, with an eye on capital preservation as well as an increase in asset value. Rated at five stars, the minimum investment amount for this fund is two thousand dollars.