Sunday, November 26, 2006

Mutual Funds for Beginners

If you are just starting investment in stock market you may not want to invest lot of money in the market. There are some good funds with $1,000 minimum, although many good funds need at least $2,500 to start with. Average $1,000-and-under fund has returned an annualized 5.25% over the last five years, compared with 6.34% for the average $1,000-plus fund. Still there are a number of excellent options in the former group.

The funds listed below requires just $1,000 minimum and registered handsome returns over the last few years. All these funds are no-load funds. Do your research before buying any of these funds.

BRUFX – Bruce Fund
EGLRX – Alpine International Real Estate
ICEUX – ICAP International
SSAIX – SsgA International Stock Selection
EGLBX – Elfun International Equity
TMVSX – Small cap value
ICSLX – Large cap value

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