Growth Funds Poised to Outperform Value Funds?

Meg Richards of the Associated Press reports that growth stocks and growth mutual funds "may be positioned for a comeback in 2006," in this article from the Grand Forks Herald. Citing Stephen Wood, portfolio strategist with Russell Investment Group, Richards said that "Professional investors and fund managers have been finding attractive opportunities in growth for months now; in fact, growth has been performing well relative to value since May. This could signal a shift in the longer-term investment cycle." Richards notes that "The Value Index still holds the lead for the year, but its advantage has narrowed to less than a percentage point."

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(May '04-Jun '05)