Tuesday, April 17, 2012

Wells Fargo Advantage Growth Managers See Rally Continuing

The Wells Fargo Advantage Growth Fund returned 19.4 percent for the first quarter, well ahead of the 14.5 percent return of its benchmark, the Russell 3000 Growth Index.

Fund managers continue to remain optimistic despite the market's strong rally, noting that there appears to be continued growth potential as the U.S. economy recovers and corporate profits remain high.

To read their full quarterly report, click here.

Wells Fargo Advantage Growth is a component of the Bradway Strategic portfolio, which consists primarily of investments with top money managers.

No comments:

Post a Comment