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IBD: Tech Leaders Like Alibaba Fuel Columbia Mutual Fund's Rebound: (NFEAX)
FYI: he $1.7 billion Columbia Large Cap Growth Fund III (NFEAX) is way ahead of the broad market as measured by the S&P 500 this year, and that's a nice change from last year. The rebound has a lot to do with the rally by growth stocks vs. value stocks in general, especially technology sector names like Alibaba Group (BABA) and Facebook (FB), says lead manager John Wilson. Regards, Ted https://www.investors.com/etfs-and-funds/mutual-funds/tech-leaders-like-alibaba-fuel-columbia-mutual-funds-rebound/
