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Best Mutual Funds Of 2006: Best Performing, Money Market And No Load Mutual Funds

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Published: August 17, 2007

Studying history helps humankind make more informed decisions about their future. Such is the case with investments, and if a person wants to know the best mutual funds of 2007, they ought to study the mutual fund growth of 2006. Though current market trends might reflect socio-political policy, the best performing investments do not bow down to trends, but rather retain their mutual fund growth over long periods of time. Some of the best mutual funds are no load mutual funds: a share that has no distribution fee or sales charge. Without penalties on trading, no load mutual offers the maximum amount of flexibility for the adventurous investor. Comparing the Best Mutual Funds of 2006, from a variety of publications, will hopefully help predict the winning hand of shares for 2007.

The year 2006 saw the shares of foreign countries offering the best mutual funds growth, as well as the best overall performing. With the American Funds EuroPacific Gr A (AEPGX) offering a 23.6% one-year return, and a 25% three-year return, it emerged as one of the best performing investments of 2006. The rouge of the foreign market investments was without question T. Rowe Price Emerging Markets Stock (PRMSX), with a one-year growth of 46.9%. Undoubtedly the strongest European mutual fund growth of 2006, PRMSX might not reflect as strong as a future in the coming year. With such a dramatic increase in mutual fund growth, the company bull may be facing a bear, as a too quick rising star may sometimes do. Nonetheless, the best mutual funds of 2006 were indeed foreign.

According to Morningstar, 2006 marked China to have the best performing companies in terms of mutual fund growth. The sleeping giant seems to be emerging from its slumber with record profits, as is the case with Dreyfus Premier Greater China A (DPCAX) making a 85.58% stride ahead from 2005. DPCAX was not the only mutual fund to emerge from behind the Great Wall as a victor, as did seven other companies of the 10 Best Mutual Funds of 2006. As China slowly moves from its communism roots to a mixed commu-captialism status, its low labor costs and inflated product prices will further propel the country's companies to mutual fund growth unprecedented since the roaring 20s. The best mutual funds over the next few years may truly be in the emerging capitalism of China.

With the strength of foreign markets at a high, it may be in the best interest of the American investor to put faith in their own national companies, to determine the best mutual funds of 2007. Mutual fund growth relies upon the confidence of the investors, and if a nation of investors collectively trades off their foreign investments to purchase national investments, the mutual fund growth of American companies have the potential to skyrocket. In all fairness, the best mutual funds are not born by simply trading assets into a national company, but with the lagging U.S. dollar, American companies need as many investors as possible to help improve their mutual fund growth.


Sources:
"Money 70: The Best Mutual Funds You Can Buy." CNNMoney.com. 7 August 2007. Time Warner. 7 August 7, 2007. http://money.cnn.com/magazines/moneymag/bestfunds/ 2007/actively.html.

Goldberg, Steven. "The 25 Best Mutual Funds." Kiplinger.com. May 2006. Kiplinger Washington Editors. 7 August 2007. http://www.kiplinger.com/magazine/archives/2006/05 /kip25.html.

Woodard, Dustin. "Best Mutual Funds of 2006." About.com.  May 2007. About, Inc. 7 August 2007. http://mutualfunds.about.com/od/history/a/2006.htm .
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