Explore the top mutual funds to boost your 2017 investment portfolio. This guide highlights funds focused on broad market indices, healthcare, banking, consumer staples, and fixed income assets, aligned with economic trends and interest rate changes. Strategic diversification across these options can help investors navigate market volatility and optimize growth during a mature economic cycle.

Best Mutual Funds to Consider for 2017 Investment Strategies

As market fluctuations increase, investors should adopt careful strategies. Some funds may perform exceptionally well, while others may underperform. Below are several top mutual funds to include in your 2017 investment plan.

Vanguard 500 Index Fund: A well-rounded index fund with a low expense ratio of 0.16%, requiring a minimum of $3,000 to start.

Fidelity Nasdaq Composite Index Fund: Another broad-market index fund with a 0.29% expense ratio and a $2,500 initial investment. With mature economic conditions, technology growth stocks are expected to lead gains.

Vanguard Healthcare Fund: Specializing in healthcare equities, this fund has a 0.36% expense ratio and a $3,000 minimum investment. Post-election, healthcare stocks have surged, making this a desirable choice. About 15% of its holdings are in biotech, with the rest in healthcare tech, equipment, and managed services.

Fidelity Select Banking Fund: With an expense ratio of 0.79% and a $2,500 minimum, this fund is positioned for growth. Financial stocks, especially in banking, have gained momentum following the election, with limited exposure to brokerage or insurance firms.

Fidelity Select Consumer Staples Fund: Investing within a specific sector offers diversification benefits. It requires a $2,500 minimum and has an expense ratio of 0.77%.

T.Rowe Price Floating Rate Fund: Unlike fixed-rate bonds, this fund's interest adjusts periodically based on LIBOR or Treasury yields. With rising interest rates anticipated, these bonds are attractive for capital appreciation.

Hussman Strategic Total Return: Primarily made up of fixed income assets, this fund provides a hedge against inflation and reduces market risk. The portfolio emphasizes cash, bonds, and minimal equities.

As the economy moves into a rising interest rate environment during a mature cycle, investing across these funds can help you grow your wealth effectively through diversification.