Marsico GrowthMGRIX

Morningstar Rating

Fund Research and Analysis

by John Coumarianos

Stick with Marsico Growth.

This fund hasn't given investors much reason to cheer lately, but it's proven a fine large-growth holding over the longer haul. While stumbling with bottom-half category performances in 2008 and again for nearly the first 10 months of 2009, manager Tom Marsico has delivered a 0. Read more

Kudos

Experienced management with a great record.

Marsico's recent move to buy back the fund's investment advisor is good news for fund shareholders. Read more

Risks

Manager's macroeconomic bets have the potential to backfire over short periods.

Although more diversified than Marsico Focus, the fund is still highly concentrated.

A large and growing asset base is a concern. Read more

Strategy

Manager Tom Marsico combines top-down analysis with bottom-up stock-picking to build this portfolio. He holds about 10 to 25 more names here than at Marsico Focus, but the fund is still quite concentrated. Read more

Management

Tom Marsico started his own investment-management shop in 1997, after several years at two other growth-oriented shops, Fred Alger Management and Janus Capital. Marsico has a staff of 17 analysts and four traders. Three other portfolio managers at Marsico Capital Management also chip in. Read more

Inside Scoop

Like sibling Marsico Focus, this fund has a potent dose of manager Tom Marsico's best ideas. Marsico includes classic-growth stocks, as well as some beaten-down turnaround picks that may fall outside traditional growth sectors. Read more

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Marsico: Time to Buy Financials
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