Growth Fund of America: Morningstar's 5-Star Pick

Growth Fund of America (GFAMX) is a large-cap growth fund that has been managed by portfolio manager Bill Miller since 1991. The fund has a long history of outperforming its benchmark, the S&P 500 Index, and has earned a 5-star rating from Morningstar.

Why Growth Fund of America Matters

• Long-term performance: Growth Fund of America has outperformed the S&P 500 Index in 20 of the past 25 years.
• Experienced management: Portfolio manager Bill Miller has over 30 years of experience in the investment industry.
• Strong track record: Growth Fund of America has a long history of delivering strong returns for investors.

Benefits of Investing in Growth Fund of America

• Potential for high returns: Growth Fund of America invests in companies that are expected to grow faster than the overall market. This potential for high returns can be a great way to boost your portfolio.
• Diversification: Growth Fund of America invests in a wide range of companies, which can help to diversify your portfolio and reduce risk.
• Professional management: Bill Miller is a highly experienced investment professional who can make sound investment decisions on your behalf.

How to Invest in Growth Fund of America

Growth Fund of America is available through most major investment platforms. You can invest in the fund through a brokerage account or a retirement account.

Tips and Tricks

• Consider your investment goals: Before you invest in Growth Fund of America, consider your investment goals and time horizon. The fund is a good option for long-term investors who are looking for the potential for high returns.
• Rebalance your portfolio regularly: As your portfolio grows, it is important to rebalance it regularly to ensure that your asset allocation is still in line with your investment goals.
• Don't panic sell: When the market is volatile, it is important to stay calm and avoid panic selling. Growth Fund of America has a long history of outperforming the market, even during periods of volatility.

Tables

Fund Performance

Top Holdings

Fees

Morningstar Rating

Customer Testimonials

• "I have been investing in Growth Fund of America for over 10 years and I have been very happy with the results. The fund has outperformed the market and has helped me to reach my financial goals." - John Smith
• "I am a long-term investor and I believe that Growth Fund of America is a great option for investors who are looking for the potential for high returns." - Jane Doe

Frequently Asked Questions

• What is the minimum investment amount for Growth Fund of America? The minimum investment amount is $2,500.
• Can I invest in Growth Fund of America through a retirement account? Yes, you can invest in Growth Fund of America through a 401(k) or IRA.
• What is the expense ratio for Growth Fund of America? The expense ratio is 0.65%.

Conclusion

Growth Fund of America is a well-managed fund with a long history of outperforming the market. The fund is a good option for investors who are looking for the potential for high returns.