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Mutual Fund Report for AGTHX
Mutual Fund Report for AGTHX. For premium support please call: 800-290-4726 more ways to reach us
On September 13, 2022, the S&P 500 declined by 4.32% in its largest single-day drop since June 2020. [15] [16] The S&P 500 had the worst results since 2008, with a decline of 19% for the year. [17] The Nasdaq Composite fell 33%. [18] However, the indices reached many record highs in 2024. [19]
The fund's name stems from its original mandate in 1967: "the fund's mission was to take a contrarian view, investing in out-of-favor stocks or sectors." [2] This strategy has changed since the 1990s to become a fund focused on growth investing in large companies, and the Contrafund's strong history of growth has led to its being "a stalwart of many 401(k) plans".
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The opposite of H-dropping, called H-insertion or H-adding, sometimes occurs as a hypercorrection in English accents that typically drop H. It is commonly noted in literature from late Victorian times to the early 20th century that some lower-class people consistently drop h in words that should have it, while adding h to words that should not ...
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Stocks rose at the start of the shortened trading week, and the final one of 2023, riding the momentum of a year-end rally in which hopes of a soft landing are strengthening and more optimistic ...