Top 5 Mutual Funds

Direxion

Direxion is doing very well, it has 3 out of the 5 top mutual funds.  The company was founded in 1997 and has taken the reputation of being very innovative and lucrative for investors.  They use a range of strategies conisting of classic timing, relative strength trading, and momentum trading to name a few.  Some of the funds they created have been industry "firsts" such as:

• Leverage long 10 year bond fund
• 250% leveraged index funds
• Short small cap fund

Guiness Atkinson

Guiness Atkinson Alternative Energy Fund, known as the (GAAEX), strives for long-term appreciation.  Naturally, this company invests in equity securities that have to with alternative energy or energy technology.  Some alternative energies are: 

• Wind
• Hydroelectric
• solar
• geothermal
• tidal wave
• biofuels
• biomass
• geothermal

ProFunds

ProFunds believes that it's not about riding out the markets but rather adapting to them.  They use a mathematical approach to investing and they don't use fundamentals.  Portfolio's are non diversified with the UltraSector because investments are made in a single industry.  Because of this technique, the shares will tend to fluctuate a lot more than a diversified portfolio so could be very risky with potential high returns.  Types of strategies used with ProFunds:

• Active-tries to anticipate market moves
• Prudent-uses hedging
• Focused-invests in specific industries
• Disciplined-uses longer term investments