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Business

Growth or value? Fund investors’ choice is clear

By Stan Choe
Published
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NEW YORK (AP) — The tortoise is running laps around the hare when it comes to investing in mutual funds.

Investors are embracing stocks, pushing the Standard & Poor’s 500 further into record territory. But investors are focusing on mutual funds that buy cheap or underappreciated stocks, ones called value funds. Funds that specialize in more glamorous, high-growth stocks, meanwhile, are still getting the snub.

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