The Mutual Fund I Recommend: Can Slim Select Growth Fund (CSSGX) - Up 6% This Week!

May 2007 UPDATE: Stay away from CSSGX. They were looking hot in Jan. 2006, but I ended up losing money on it and have been surprised at how poorly they have done in a good market. I think it's because they were too heavy in housing-related investments at a time when most investors were recognizing that it was time to get out. Can't just blindly apply CANSLIM and expect to get a winner - there is an added reality factor that is needed. I do not recommend CSSGX anymore. 

Here's the original Jan. 2006 post: 

As an avid fan of Investors Business Daily, I've been impressed with the system they use to identify stocks most likely to reward investors. They use 7 criteria whose acronym spells CANSLIM, and those criteria have proven to be effective in picking winners. Some stars are featured in the IBD 100 every week, a place that has given me a lot of good ideas for investing. But I've often wished they would create a mutual fund based on their principles for selecting stocks to let those of us with limited time still benefit from the CANSLIM approach. Voila - my wish has been granted! Last year Duncan-Hurst in cooperation with Investors Business Daily initiated a new mutual fund, the CANSLIM Select Growth Fund (CSSGX). This fund is still very small and nimble, and will use one of the best approaches to finding successful stocks. In the first week of January, it's up over 6% already. Now that was a phenomenal week for most of the market, but not many people or mutual funds matched that level of performance. You can learn about it at http://www.dhcm.com/MFcanslim.htm.

If you're looking for an aggressive mutual fund that will focus on high-quality comapnies with proven growth potential, I suggest you consider CSSGX.

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