Wells Fargo Advantage Growth A
Discretionary Stocks Boost the Wells Fargo Growth Fund in YTD 2016
Early 2016 was not generous to the Wells Fargo Growth Fund – Class A (SGRAX), and the fund was a below-average performer until May. However, things have improved since then.
Sector Composition of the Wells Fargo Growth Fund until YTD 2016
The Wells Fargo Growth Fund (SGRAX) invests at least 80% of its assets in equities.
How to Invest in US Large-Cap Equity Mutual Funds Going Forward
Mutual funds follow a bottom-up research approach. They focus on companies rather than macroeconomic and sector trends.
How the Consumer Discretionary Sector Has Affected SGRAX in 2016
The Wells Fargo Growth Fund Class A (SGRAX) had fallen by 1% year-to-date (or YTD) in 2016 as of May 27, 2016.
A Review of SGRAX’s Portfolio Changes
SGRAX invests at least 80% of its assets in equities and up to 25% in foreign issuers’ equities via depository receipts and similar vehicles.