February 1, 2020 | David Snowball, Mutual Fund Observer
Mutual Fund Observer editor David Snowball included the Monetta Core Growth Fund (MYIFX) in this list recognizing “20 Equity fund with the best capture ratios over the entire market cycle.” He titled his article “Biggest Bang for Your Buck” and explained why in his opening paragraphs: “Capture ratio is a sort of “bang for your buck” summary. … Capture ratios even the playing field for cautious and aggressive investors.”
Capture ratio helps you to identify robustness of the mutual fund across different phases of market rally and slump. You can assess the impact of volatility on fund returns.
Mutual Fund Observer defines Annualized Percent Return (APR) as “A fund’s annualized average rate of total return each year over period evaluated. It is an abstract number, or so-called ‘geometric return,’ since actual annual returns can be well above or below the average, but annualizing greatly facilitates comparison of fund performance. APR is equivalent to CAGR, or compound annual rate of return. It reflects reinvestment of dividend and capital gain distributions, while deducting for fund expenses and fees. It excludes any sales loads.”