The S&P 500 returned 15.06% in 2010 and our top 20 equity funds (which invest only in stocks) did very well in comparison.
As they should – you could’ve earned 15% by just investing in a low-fee ETF and taking a nap for the rest of the year.
Instead, these guys invested in stocks like Apple, Goldman, Chipotle, and Google — and the top equity fund made as much as 60% in returns this year.
So, we decided to list the fund managers who delivered this year and the stocks that got them there.
But remember: this is a short-term annual view of their performance and it’s the long-term record that matters.
Let’s watch for these in coming years.
UPDATE – The rankings come from independent data provided by Morningstar that may or may not have used the S&P 500 as a benchmark.