Best funds for 6 month growth

Screening Filters

1. quarter_price_change_pct (min: 15%):

   • Purpose: To identify funds that have demonstrated strong performance over the past three months.
   • Rationale: A minimum quarterly price change of 15% ensures that only funds with significant recent growth are included. This aligns with the user's goal of finding funds with strong short-term growth potential, as recent performance can be an indicator of momentum.

2. month_price_change_pct (min: 7%):

   • Purpose: To further refine the search by focusing on funds that have shown consistent growth in the past month.
   • Rationale: A minimum monthly price change of 7% ensures that the selected funds are not only performing well over the quarter but also maintaining upward momentum in the shorter term. This helps identify funds with sustained growth trends.

3. rsi_category (moderate):

   • Purpose: To avoid funds that are overbought or oversold, ensuring a balanced risk-reward profile.
   • Rationale: The RSI (Relative Strength Index) measures the momentum of a fund. By selecting funds in the "moderate" RSI category, the screener avoids funds that may be overbought (potentially overvalued) or oversold (potentially risky), which is important for identifying funds with stable growth potential over the next six months.

4. expense_ratio (max: 0.5%):

   • Purpose: To ensure that the funds selected have low management fees, maximizing returns for the investor.
   • Rationale: Funds with lower expense ratios allow investors to retain more of the growth in value. By capping the expense ratio at 0.5%, the screener prioritizes cost-efficient funds, which is especially important for short-term growth-focused investments.

Why Results Match:

• The filters collectively focus on funds that have demonstrated strong recent performance (quarterly and monthly price changes) while maintaining a balanced risk profile (moderate RSI). This ensures that the selected funds have momentum without being excessively risky.
• By including a low expense ratio filter, the screener ensures that the funds are cost-efficient, which is critical for maximizing returns over a six-month period.
• These filters align with the user's goal of finding funds with high growth potential over the next six months by emphasizing recent performance, stability, and cost-effectiveness.