Investors have an awful track record when it comes to chasing the hottest funds of the day. While the fund is up 170% this year, the assets under management are up nearly 900%. The growth in AUM is even more striking than the fund performance: These numbers are massive for a non-Vanguard/iShares fund provider and an active one to boot. Investors have taken notice based on the flows into the fund: Wood has made even more concentrated bets in certain areas of tech and itвЂ™s paid off handsomely.ДЄRKK has been outperforming for a number of years now but you can see things have really ramped up since the bottom earlier this year in late-March. The Nasdaq 100 has been next to impossible to beat these last few years because of the heavy concentration in big tech yet ARKвЂ™s performance makes it look quaint by comparison.

The track record for her ARK Innovation ETF is unreal: Vanguard and iShares basically killed the star mutual fund manager in recent decades.Д«ut if anyone deserves that title right now it has to be Cathie Wood from ARK Investment Management. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.A Short History of Chasing The Best Performing Funds Learn more about the Zacks Mutual Fund Rank at. Д«y applying the Zacks Rank to mutual funds, investors can find funds that not only outpaced the market in the past but are also expected to outperform going forward.

To view the Zacks Rank and past performance of all growth mutual funds, investors can click here to see the complete list of funds. Wymer is the fund manager has managed this growth mutual fund since 1996. The growth mutual fund returned 7.42% in the last one year period. It invests in both domestic and foreign firms. The fund selects companies using fundamental analysis and on the basis of their growth potential. The fund focuses on investing in common stocks. The growth mutual fund has a minimum initial investment of $1,500 and an expense ratio of 1.50% compared to a category average of 1.27%.ДЇidelity Growth Company ( FDGRX ) seeks capital growth. The growth mutual fund returned 6.15% in the last one year period. A maximum of 30% of its assets may be utilized to purchase foreign securities from both mature and emerging economies. The growth mutual fund returned 10.48% in the last one year period.ДЄs of March 2012, this growth mutual fund held 44 issues, with 7.48% of its total assets invested in Apple, Inc.ДЇederated Kaufmann Large Cap A ( KLCAX ) invests heavily in large-cap companies which are listed on national securities exchanges, the Nasdaq and tradable on the OTC market.

It aims to invest in securities which could double their value in a five-year period. These firms must be growth oriented and have capitalizations in excess of $5 billion when the stock is purchased. The fund focuses on acquiring common stock of large-cap companies. Hamel is the fund manager has managed this growth mutual fund since 2008.Д«aron Fifth Avenue Growth Retail ( BFTHX ) seeks capital appreciation. The growth mutual fund returned 2.27% in the last one year period. The fund invests in both mature economies and emerging markets and may purchase depository receipts. The growth mutual fund has a minimum initial investment of $10,000 and an expense ratio of 1.22% compared to a category average of 1.27%.ДЄrtisan Growth Opportunities ( ARTRX ) focuses on investing in equity securities issued by domestic and foreign companies.

Best performing mutual funds 2008