Expense Ratio: 1.37%
Wells Fargo Advantage Discovery is a midsize-company stock fund and member of the Kiplinger 25. The three managers, including Tom Pence, who’s been at Discovery since 2001, dig deep to discover midsize companies with “an edge.” They look for firms they think will beat Wall Street’s forecasts over the next 12 to 18 months.
See FUND TABLES: Kiplinger 25 at a Glance for the complete list of our favorite no-load mutual funds.
Visit Kiplinger's Model Portfolios for three examples of how you can put Kiplinger 25 funds to work. The portfolios are designed for investors with differing time horizons and levels of risk tolerance. If you find them too aggressive, cut back each basket's allocation to stocks by ten percentage points. If you're investing in a taxable account, replace one or more of the bond funds with Fidelity Intermediate Municipal Income (FLTMX).
And for the full collection of our Kiplinger 25 content, see KIPLINGER 25: A Guide to Our Favorite No-Load Funds.