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Byline: DAN MOREAU
Mid- and small-cap growth and core stock funds turned in the best, performance in the week of Feb. 20-27, Lipper Inc. reported.
But it was modest: Mid-cap core funds rose 0.38% and small-cap core funds gained 0.36%. Core funds invest in both value and growth stocks.
Large-cap growth funds, hurt by declines in Microsoft and Cisco, were down 0.2% in the week. It was the worst performance among diversified U.S. stock funds.
Upgrade For Intel
Some relief came Friday in the form of an earnings upgrade for Intel. And for the year, they are among the better performers, down 3.56% vs. small-cap value's -6.35%.
Multi-cap growth funds were off 2.92% for the year, the best performance. Multi-cap funds can invest in stocks of all sizes.