Commerce MidCap Growth Fund CFAGX seeks capital appreciation. Under normal market conditions, CFAGX invests at least 80% of its net assets in mid-cap issuers. CFAGX invests principally in stocks of companies that show the potential for above-average earnings growth. CFAGX seeks capital appreciation by investing in companies that exhibit high rates of profitability, earnings growth and corporate reinvestment.
This Mid Growth producthas a history of positive total returns for over 10 years. Specifically, the fund’s returns over the 3, 5 year benchmarks; 3 year 10.2% and 5 year 14.3%. To see how this fund performed compared in its category, and other #1 and #2 Ranked Mutual Funds, please click here.
CFAGX’s performance, as of the last filing, when compared to funds in its category was in the top 70% over the past 1 year, and in the top 10% over the past 3 years and in the top 25% over the past 5 years.
The Commerce MidCap Growth fund, as of the last filing, allocates their fund in top two major groups; Large Growth and Emerging Market. Further, as of the last filing, iShares Russell Midcap Growth, WW Grainger Inc (NYSE:GWW) and Domino’s Pizza Inc were the top holdings for CFAGX.
This Zacks Rank #1 (Strong Buy) was incepted in December 1994 and is managed by Commerce Funds. CFAGX carries an expense ratio of 0.88% and requires a minimal initial investment of $1,000.
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Zacks Investment Research