Looking long term with multi-cap growth funds
As goofy as it may sound, not all mutual funds are growth funds--even though most of us look for growth when we invest in funds. Additionally, not all growth funds use the same investment strategies.
Take the Calamos Growth Fund (CVGRX). Around since 1990, it's got a long-term track record that's hard to beat. It's ranked No. 1 in the Multi-Cap Growth classification by Lipper for the five-and 10-year periods ending December 31, 2004, and up 18.65 percent last year--and it uses a disciplined investment strategy.
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