The Mutual Funds S&P Likes Best

Value funds and those investing in small- and mid-cap stocks are among those cited by Philip Edwards of S&P's Select Funds Group

In an economic recovery, the best mutual funds typically are those investing in small- and mid-cap stocks. So says Philip Edwards, managing director of Standard & Poor's Select Funds Group, which screens funds and has a list of 34 funds it ranks highest. Funds of that type on the list, he adds, are T. Rowe Price Mid-Cap Growth (RPMGX ) and the Baron Growth Fund (BGRFX ).

To continue reading this article you must be a Bloomberg Professional Service Subscriber.