BestNoLoadFunds.com

CGM Sports 24% Fund Family Return in 2005

Craig M. Douglas of the Boston Business Journal reports that "Capital Growth Management was head and shoulders above the competition, churning out a 24 percent return across its entire family of mutual funds in 2005," and noted that "The Boston firm's performance was not only the best among Massachusetts investment companies, but it also ranked in the top 1 percent of all mutual fund managers nationwide," in this article published by MSNBC. According to Douglas, who provides more on CGM's investment strategies in the article, "Three of the firm's [no-load] funds -- CGM Realty, CGM Mutual and CGM Focus -- are open to investors, while CGM's $461 million Capital Development Fund, which returned 25 percent last year, is closed."