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What Volatile Market? Growth-Fund Managers Strut: (PSGAX)
FYI: In The Wall Street Journal’s latest Winners’ Circle contest, every top-performing mutual fund once again featured ‘growth’ in its name.
The first three months of 2018 were a volatile period, culminating in the S&P 500’s first quarterly loss since mid-2015.
But behind the scenes, some disciplined mutual-fund managers who focus on “growth” stocks—those powered by corporate-earnings potential—continue to rack up gains. In fact, they are dominating, led by the $2.5 billion Virtus KAR Small-Cap Growth Fund (PXSGX), which has won The Wall Street Journal’s latest Winners’ Circle contest of the best-performing U.S.-stock fund managers. It returned 40.8% in the 12 months ended March 30 (drubbing the 19.9% gain for small-cap growth funds overall, as tracked by Lipper). Regards, Ted http://www.cetusnews.com/business/What-Volatile-Market--Growth-Fund-Managers-Strut.B18VI8_iM.html
Nice find Ted, I suspect it will have a hard time keeping assets under management down to a reasonable size with this article. It's certainly doing better than my small mid cap funds
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