Money 70: The best mutual funds you can buy


Money 70

Money Magazine's list of recommended funds is not about aiming for the highest short-term returns. Our lineup is designed to let you build a well-balanced portfolio that will help you reach your most important financial goals, like putting your kids through college, starting a business or achieving a comfortable retirement.

We focus on criteria that have real predictive value: low expenses, a strong record for putting share-holder interests first, a consistent investment strategy and experienced managers.

A fund that meets our standards typically ends up delivering above-average returns - over the past five years, 73 percent of the actively managed funds on our roster outperformed their category average. Even in 2007's difficult market, 57 percent delivered returns that rank in the top half of their category.

The Money 70 is designed to help you construct all aspects of your portfolio. It includes a range of actively managed stock and bond funds, as well as low-cost index and exchange-traded funds. Or you can put your investments on cruise control with one of our target-date retirement portfolios, which give you a preset mix of funds that automatically becomes more conservative as you near retirement.

See more on how we picked the funds and what changes we've made since last year.

 
 
LARGE-CAP
AMCPX American Funds Amcap A 3.3% 7.2% 10.4% 0.7% $250 Growth
AMRMX American Funds American Mutual A 0.9% 7.7% 9.9% 0.6% $250 Value
FMIHX FMI Large Cap 1.1% 9.7% 13.8% 1.0% $1,000 Blend
JENSX Jensen J 4.4% 5.8% 6.9% 0.8% $2,500 Growth
MAVFX Matrix Advisors Value -3.5% 5.3% 10.0% 1.0% $1,000 Blend
SLASX Selected American Shares S 1.7% 9.1% 12.7% 0.9% $1,000 Blend
SSHFX Sound Shore 0.4% 8.4% 12.7% 0.9% $10,000 Value
TRBCX T. Rowe Price Blue Chip Growth 8.6% 8.9% 11.3% 0.8% $2,500 Growth
PRFDX T. Rowe Price Equity Income 0.8% 8.3% 11.5% 0.7% $2,500 Value
VWNFX Vanguard Windsor II -0.2% 8.5% 13.1% 0.3% $10,000 Value
MIDCAP
FAMVX FAM Value Inv -5.1% 3.9% 9.2% 1.2% $500 Blend
FPPFX FPA Perennial 2.6% 7.3% 13.5% 0.9% $1,500 Blend
FAIRX Fairholme 13.8% 14.5% 17.9% 1.0% $2,500 Blend
FDVLX Fidelity Value -2.4% 9.7% 15.0% 0.7% $2,500 Value
JMCVX Janus Mid Cap Value Investor 4.8% 11.1% 16.2% 0.9% $2,500 Value
MERDX Meridian Growth -0.7% 6.7% 13.8% 0.8% $1,000 Growth
POAGX PRIMECAP Odyssey Aggressive Growth -6.2% 9.2% N/A% 1.0% $2,000 Growth
SMALL-CAP
BRSVX Bridgeway Small-Cap Value N 2.0% 12.2% N/A% 0.9% $2,000 Value
PENNX Pennsylvania Mutual Inv -1.1% 9.7% 15.8% 0.9% $2,000 Blend
RYVPX Royce Value Plus Service 0.1% 12.1% 24.4% 1.3% $2,000 Growth
PRNHX T. Rowe Price New Horizons 2.4% 8.0% 15.7% 0.8% $2,500 Growth
MULTI-CAP
BRAIX Bridgeway Aggressive Investors 2 26.4% 17.4% 20.4% 1.2% $2,000  
MUHLX Muhlenkamp -11.8% 0.2% 11.4% 1.1% $1,500  
WEHIX Weitz Hickory -16.7% 1.6% 12.7% 1.2% $2,500  
SPECIALTY
CSRSX Cohen & Steers Realty Shares -23.5% 7.8% 17.7% 1.0% $10,000 Real estate
PRNEX T. Rowe Price New Era 44.8% 29.6% 29.2% 0.7% $2,500 Natural resources
TAREX Third Avenue Real Estate Value -11.2% 10.4% 18.1% 1.1% $10,000 Real Estate
FOREIGN
AEPGX American Funds EuroPacific Gr A 17.5% 20.9% 21.7% 0.8% $250 Large Blend
NEWFX American Funds New World A 33.0% 29.8% 29.3% 1.0% $250 Large Growth
ARTIX Artisan International Inv 17.6% 20.8% 20.5% 1.2% $1,000 Large Growth
DODFX Dodge & Cox International Stock 9.7% 18.7% 25.3% 0.7% $2,500 Large Value
OAKIX Oakmark International I -4.5% 12.8% 17.6% 1.1% $1,000 Large Value
PRMSX T. Rowe Price Emerging Markets Stock 43.4% 38.5% 37.0% 1.2% $2,500 Emerging markets
PRIDX T. Rowe Price International Discovery 14.6% 23.7% 30.2% 1.2% $2,500 Small-cap, Midcap
TAVIX Third Avenue International Value 2.2% 12.4% 22.2% 1.4% $10,000 Value
VWIGX Vanguard International Growth 13.2% 18.6% 20.5% 0.5% $3,000 Large Blend
CORE BOND
DODIX Dodge & Cox Income 4.8% 4.2% 4.5% 0.4% $2,500 Core
FPNIX FPA New Income 6.5% 4.3% 4.7% 0.6% $1,500 Core
HABDX Harbor Bond Instl 9.6% 5.6% 5.5% 0.6% $1,000 Core
VIPSX Vanguard Inflation-Protected Secs 12.7% 5.6% 6.7% 0.2% $3,000 Core
SPECIALTY BOND
AHITX American Funds American Hi Inc Tr A 0.3% 5.4% 10.2% 0.7% $250 Specialty
RPIBX T. Rowe Price International Bond 12.8% 4.2% 8.0% 0.8% $2,500 N/A
VWITX Vanguard Interm-Term Tax-Ex 4.3% 3.6% 3.8% 0.2% $3,000 Specialty
Data as of: January 7, 2008