A List of Blue Chip Mutual Funds
- Stocks of strong, well-known companies are called blue chip stocks.money, money, money image by easaab from Fotolia.com
The stocks of strong, well-known companies with a track record of dividends and earnings earn the sobriquet "blue chip." Investors who want to purchase stock in such companies may find the easiest way to do so is through a mutual fund. Many top mutual funds companies offer blue-chip stock funds, where investors can buy shares starting with relatively modest investments of a few thousand dollars and continue contributions over the long term. Review a fund's prospectus before investing. - Fidelity Blue Chip Growth Fund is no-load, meaning it does not impose transaction fees for fund purchases. It invests in companies listed on the Dow Jones Industrial Average or on the Standard and Poors (S&P) 500 list. Above-average growth potential is the main criterion for investment in a company.
Fidelity Blue Chip Growth Fund
Fidelity Investments
P.O. Box 770001
Cincinnati, OH 45277-0001
800-544-5555 - Blue Chip Value Fund is a closed-end mutual fund, meaning there are a limited number of shares available to investors. According to its website, it seeks a "high level of total return through capital appreciation and current income consistent with investment primarily in a diversified portfolio of common stocks." It focuses on large companies that the fund believes are undervalued but are improving or basically solid.
Blue Chip Value Fund
1225 17th Street
26th Floor
Denver, CO 80202
800-624-4190
blu.com - According to its website, this no-load fund's objective "is to provide long-term capital growth. Income is a secondary objective." It invests in companies with the potential for long-term growth, and looks for those with solid management and strong positions in its respective market.
T. Rowe Price Blue Chip Growth Fund
T. Rowe Price
P.O. Box 17630
Baltimore, MD 21297-1630
888-292-1290
troweprice.com - This no-load blue chip fund seeks long-term capital appreciation. According to its prospectus, under normal market conditions 80 percent of its assets are invested in growth company common stocks with a minimum $1 billion market capitalization. It invests in both foreign and domestic securities. The fund chooses stocks that show potential for good earnings growth, along with other factors such as superior growth strategy and proprietary products.
Reynolds Blue Chip Growth Fund
Reynolds Funds
U.S. Bancorp Fund Services, LLC
615 E. Michigan St.
3rd Floor
Milwaukee, WI 53201-0701
800-773-9665
reynoldsfunds.com
