Best Cheap Sector Stock Mutual Funds
Sector stock mutual fund invests mainly in a specific industry of sector of the economy. It may invest in gold, basic materials, service, technology, utility, conglomerate, consumer staples, consumer discretionary, energy, industrials, and more. It may provide greater diversification than owning an individual stock. Some funds may have higher yield for income such as utilities sector.
These lowest cost five star bond mutual funds are sorted based on its expense ratio and top star rating. You can invest the mutual funds in your brokerage account and retirement account (Roth IRA, traditional IRA or 401k). These best mutual funds are highly volatile and may provide high rewards.
The top lowest cost sector stock mutual funds 2014 are:
- Hennessy Gas Utility Index Fund (GASFX)
- Fidelity Select Biotechnology (FBIOX)
- T. Rowe Price Health Sciences (PRHSX)
- Fidelity Select Software & Comp (FSCSX)
- Fidelity Select Chemicals (FSCHX)
- Fidelity Select Retailing (FSRPX)
- Fidelity Select IT Services (FBSOX)
- T. Rowe Price Global Technology (PRGTX)
- Nuveen Real Estate Securities I (FARCX)
- Baron Real Estate Institutional (BREIX)
- First Eagle Gold A (SGGDX)
- ICON Energy S (ICENX)
- Waddell & Reed Science & Technology A (UNSCX)
- Lazard U.S. Realty Equity Open (LREOX)
- Legg Mason Investor Counsel Financial Services A (SBFAX)
- AllianzGI Global Water A (AWTAX)
- REMS Real Estate Value Opportunity Institutional (HLRRX)
- Ivy Science & Technology C (WSTCX)
Hennessy Gas Utility Index Fund (GASFX)
Formerly known as GBR Gas Utility Index Fund, this Hennessy Gas Utility Index fund uses its assets to replicate the performance of the American Gas Association Stock Index. Its objective is to provide income and long-term capital appreciation. Its total net assets are $1.1 billion. It has a high dividend yield of 2.32%. The annual expense ratio is 0.69%. Winsor Aylesworth and Ryan Kelley are the portfolio managers.
This top lowest cost sector stock mutual fund is ranked with 5-stars rating by Morningstar. Since the inception in 1989, the fund has recorded 17 years of positive return and 6 years of negative return. Based on the load adjusted returns, the fund has returned 12.24% over the past 10-year and 21.44% over the past 5-year. The 3-year beta risk is 0.52.
You can invest in your IRA account with as little as $250 initially. For regular brokerage account, you need to invest $2,500 initially. You can invest from several brokerages such as Merrill Lynch, E Trade Financial, T. Rowe Price, Vanguard, Schwab, Ameriprise Brokerage, etc.
The top 8 stocks are Energy Transfer Equity LP (5.0%), Kinder Morgan Inc (5.0%), Williams Companies Inc (4.9%), Spectra Energy Corp (4.9%), National Grid PLC (4.9%), Sempra Energy (4.9%), Enbridge Inc (4.9%) and TransCanada Corp (4.9%). Utilities (63.6%) and Energy (34.6%) are the top equity sectors.
Fidelity Select Biotechnology Fund (FBIOX)
The objective of this Fidelity Select Biotechnology fund is to get capital appreciation. This top fund invests mainly in stocks of companies engaged in research, manufacture, and distribution of various biotechnological products and services. It has large assets of $6.5 billion. The annual expense ratio is only 0.79%. It uses Mid Growth investment style. Rajiv Kaul is the current fund manager. The annual turnover rate is 42%.This FBIOX fund has its best 1-year total return in 1999 with 77.77%. It has a total of 21 years positive return since the inception. Based on the load adjusted returns, this best mutual fund has returned 35.86% over the past 3-year and 12.47% over the past 10-year. Morningstar analysts rated the fund with 5-stars rating.
As of the second quarter of 2013, this equity fund has a total of 158 holdings. The top holdings are Gilead Sciences Inc, Amgen Inc, Celgene Corp, Biogen Idec Inc and Vertex Pharmaceuticals Inc. The top ten represents 59.45% of the total portfolio.
T. Rowe Price Health Sciences Fund (PRHSX)
Long-term capital appreciation is the main goal of the investment in this T. Rowe Price fund. This best mutual fund is currently managed by Taymour R. Tamaddon. The total net assets are $6.7 billion. It has 0.79% annual expense ratio. The average ratio in the Health category is 1.46%. The yield is 0.25%.Morningstar analysts rank this equity mutual fund with 5-stars and Neutral rating. The best 1-year total return was achieved in 2000 with 52.19%. The performance of this fund based on the load adjusted returns, is as below:
- 1-year: 26.06%
- 3-year: 28.62%
- 5-year: 15.88%
- 10-year: 13.80%
Top Investment Funds Info
| No | Fund Description | Ticker | Star Rating | Expense Ratio | Net Assets (Mil) | Yield |
|---|---|---|---|---|---|---|
| 1 | Hennessy Gas Utility Index Investor | GASFX | 5 | 0.69% | $1,100.00 | 2.32% |
| 2 | Fidelity Select Biotechnology | FBIOX | 5 | 0.79% | $6,500.00 | 0.00% |
| 3 | T. Rowe Price Health Sciences | PRHSX | 5 | 0.79% | $6,700.00 | 0.25% |
| 4 | Fidelity Select Software & Comp | FSCSX | 5 | 0.80% | $2,500.00 | 1.01% |
| 5 | Fidelity Select Chemicals | FSCHX | 5 | 0.81% | $1,100.00 | 1.32% |
| 6 | Fidelity Select Retailing | FSRPX | 5 | 0.84% | $822.10 | 0.51% |
| 7 | Fidelity Select IT Services | FBSOX | 5 | 0.65% | $797.20 | 0.00% |
| 8 | T. Rowe Price Global Technology | PRGTX | 5 | 0.97% | $711.20 | 0.00% |
| 9 | Nuveen Real Estate Securities I | FARCX | 5 | 1.01% | $4,600.00 | 2.02% |
| 10 | Baron Real Estate Institutional | BREIX | 5 | 1.10% | $653.70 | 0.00% |
| 11 | First Eagle Gold A | SGGDX | 5 | 1.22% | $1,500.00 | 0.47% |
| 12 | ICON Energy S | ICENX | 5 | 1.23% | $701.70 | 1.26% |
| 13 | Waddell & Reed Science & Tech A | UNSCX | 5 | 1.37% | $2,900.00 | 0.00% |
| 14 | Lazard U.S. Realty Equity Open | LREOX | 5 | 1.50% | $92.70 | 0.62% |
| 15 | Legg Mason Inv Counsel Fincl Svcs A | SBFAX | 5 | 1.50% | $94.20 | 0.22% |
| 16 | AllianzGI Global Water A | AWTAX | 5 | 1.57% | $191.50 | 1.04% |
| 17 | REMS Real Estate Value Opportunity Instl | HLRRX | 5 | 1.70% | $293.10 | 2.48% |
| 18 | Ivy Science & Technology C | WSTCX | 5 | 2.07% | $2,600.00 | 0.00% |
Funds Performance
| No | Fund Description | Ticker | YTD Return | 1-Year Return | 3-Year Return | 5-Year Return | 10-Year Return |
|---|---|---|---|---|---|---|---|
| 1 | Hennessy Gas Utility Index Investor | GASFX | 20.64% | 20.83% | 21.61% | 11.52% | 13.57% |
| 2 | Fidelity Select Biotechnology | FBIOX | 52.55% | 62.11% | 40.98% | 19.99% | 13.55% |
| 3 | T. Rowe Price Health Sciences | PRHSX | 34.96% | 42.31% | 33.22% | 17.75% | 14.84% |
| 4 | Fidelity Select Software & Comp | FSCSX | 25.07% | 34.04% | 23.24% | 15.13% | 12.29% |
| 5 | Fidelity Select Chemicals | FSCHX | 13.17% | 26.53% | 23.55% | 12.17% | 15.91% |
| 6 | Fidelity Select Retailing | FSRPX | 27.39% | 37.07% | 27.46% | 21.42% | 13.11% |
| 7 | Fidelity Select IT Services | FBSOX | 29.24% | 42.29% | 24.07% | 15.70% | 13.52% |
| 8 | T. Rowe Price Global Technology | PRGTX | 18.58% | 25.04% | 19.74% | 14.90% | 12.32% |
| 9 | Nuveen Real Estate Securities I | FARCX | 5.58% | 6.88% | 14.60% | 8.29% | 12.07% |
| 10 | Baron Real Estate Institutional | BREIX | 14.91% | 40.67% | 25.20% | N/A | N/A |
| 11 | First Eagle Gold A | SGGDX | -38.11% | -33.79% | -12.72% | -3.42% | 7.36% |
| 12 | ICON Energy S | ICENX | 19.11% | 24.25% | 14.63% | 3.22% | 15.85% |
| 13 | Waddell & Reed Science & Tech A | UNSCX | 32.41% | 45.96% | 21.65% | 13.87% | 13.74% |
| 14 | Lazard U.S. Realty Equity Open | LREOX | 3.78% | 7.43% | 17.26% | N/A | N/A |
| 15 | Legg Mason Inv Counsel Fincl Svcs A | SBFAX | 26.40% | 40.14% | 17.09% | 9.41% | 7.40% |
| 16 | AllianzGI Global Water A | AWTAX | 8.84% | 18.72% | 13.39% | 472.00% | N/A |
| 17 | REMS Real Estate Value Opportunity Instl | HLRRX | 13.57% | 23.63% | 18.62% | 12.30% | 11.23% |
| 18 | Ivy Science & Technology C | WSTCX | 29.40% | 42.39% | 20.45% | 13.39% | 13.09% |
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