Best funds you couldn't get into - but now can

Dozens of mutual funds that were formerly closed to new investors have recently thrown open their doors. These three performed considerably better than their peers during the past 12 months.

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Artisan Mid Cap Value
Ticker: ARTQX

Type: Midcap value

1-year return: -31.8%

5-year return: 0.8%

Expense ratio: 1.21%

Why we like it: Artisan's three-person management team seeks out medium-size stocks with strong balance sheets that have run into short-term problems but are due for a rebound. When stocks surge, they're quick to sell.
NEXT: Sequoia
Last updated April 17 2009: 8:37 AM ET
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