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Article: Line between growth, value funds gets fuzzy.
- Article from:
- The Milwaukee Journal Sentinel (Milwaukee, WI)
- Article date:
- December 5, 2005
CopyrightCOPYRIGHT 2005 The Milwaukee Journal Sentinel. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Byline: Kathleen Gallagher
Dec. 5--General Electric Co. was the biggest stock in the Russell 1000 Growth index on Dec. 31, 1999. Five years later, GE was back again as the biggest stock in a Russell index, but this time it was the Russell 1000 Value index.
Nine months later, on Sept. 30, GE was back in the Russell 1000 Growth index.
The appearance of the Fairfield, Conn., conglomerate in both indexes -- which theoretically represent opposite investment styles -- is an indication of a growing trend.
The distinction between growth and value is blurring.
"When you look at some of these firms, you can have a growth manager and a ...