Expense Ratio: 1.33%
Merger Fund is a specialized fund and a member of the Kiplinger 25. As the name suggests, managers Roy Behren and Mike Shannon invest in deal stocks. Specifically, they buy shares of takeover targets after a buyout or merger is announced. You wont' get rich with Merger, but it won't ruin you, either.
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.
And for the full collection of our Kiplinger 25 content, see KIPLINGER 25: A Guide to Our Favorite No-Load Funds.