bigcountry...assuming you are going to be taking most shot at 200yards or less...The best factory loads that I have seen (depending on how they group in your gun) are: 100 gr CoreLokts, 100 gr Hornadys, 100gr Federal Premium in both the Nosler Partition and the Sierra SPBT...All but the Sierra almost always give you an exit wound on lung shots....but...even though the Sierra SPBT don't always exit...I never had a deer go more than 50 yards when hit with a center lung shot with them.....I'm going to play devils advicate on the "it must always have an exit hole theory to give a blood trail"...The deer that I have shot, with the bullet ending up under the hide on the opposite side...usually go less than the bullets that always pass completely through...and you DO have a blood trail when a bullet stays inside the deer...they bleed out of the mouth and nose....Frankly if I don't want a blood trail...I put the bullet through the shoulder blade, in the neck or use a high lung shot...these deer drop at the shot...but if a deer goes less than 100 yards after the shot...I will find them....a hunter in this situation just needs to KNOW absolutely sure that he killed that deer and look until you retrieve them...we had a couple of bucks that ran 100-125 yards this year, with no blood trail...both were shot with muzzleloaders....I knew both were hit, because in both cases I was also hunting on the same farm and I heard the bullet hit...we found both...it took about an hour for each...but we found them...both were center lung shot hits...

That being said...the bullet that I now use is the Federal Premium 85gr BTHP....I have killed deer from 35 to 235 with this bullet...it actually gives pass throughs more often than the Federal Premuim 100gr SPBT, the Federal 100 gr Classic load and both Winchester PowerPoints loads...But where I hunt in eastern NC...I could have a shot out to 300 yards, thats where this bullet really shines, if your shots are within 200 yards, any of the loads I mentioned in the first paragraph will work....Good Luck...

PS...Before you shoot your new rifle...clean the barrel...I have found all kinds of "junk" inside new barrels....I would also adjust the trigger down to 2 1/2 to 3 1/2 pounds, depending on your preference...most of the 700s that I have setup in recent years have been about 5 1/2 pounds from the factory....it pretty east to adjust yourself....