No. of Recommendations: 0
Kiplinger's Personal Finance has a section on the top mutual funds this month. What I found interesting was the comparison of 20 year returns for growth vs. value. These are averages for all funds in the category.

Growth Value
Large Cap 11.7% 12.5%
Small/Mid Cap 11.2% 13.4%

Sure seems to blow apart the theory that the extra risk in growth funds is rewarded by higher returns. The differences were even more dramatic for the 5 and 10 year returns.

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