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  • bee March 2018
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IBD: New Portfolio Managers Turn Around USAA Aggressive Growth Fund: (USAUX)

TedTed
in Fund Discussions
FYI: What accounts for USAA Aggressive Growth Fund's (USAUX) tidy gain so far this year? In terms of holdings, the credit goes to Amazon (AMZN), Mastercard (MA), Salesforce.com (CRM) and Booking Holdings (BKNG) (formerly Priceline).

But those stocks might not have had meaningful positions in the portfolio were it not for new fund managers John Jares and Craig Behnke, who took the reins of the fund in August last year.
Regards,
Ted
https://www.investors.com/etfs-and-funds/mutual-funds/new-portfolio-managers-turn-around-usaa-aggressive-growth-fund/

M* Snapshot USAUX:
http://www.morningstar.com/funds/XNAS/USAUX/quote.html

Comments

  • beebee
    USAUX is out performing the S&P 500 TR Index as well as the Large Growth Category Average over the last year...good job. That said, this managed approach to Large Growth stills struggles to outperform other in house Large Growth funds like NASDAQ Index, USNQX or another USAA managed fund, USSCX.

    USSCX is Tech fund that reaches deeper into Fin-Tech and Industrial-Tech and with a fair amount of Healthcare. USSCX might be a more interesting.

    Performance speaks for itself:
    image
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