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Funds punished for owning too few Nvidia shares after stunning 230 per cent rally

Funds punished for owning too few Nvidia shares after stunning 230 per cent rally
cyprus-mail.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from cyprus-mail.com Daily Mail and Mail on Sunday newspapers.

nvidia: Funds punished for owning too few Nvidia shares after stunning 230% rally

Across nearly 330 mutual funds benchmarked to the S&P 500 or a similar index, only 15% held an above-index weight in Nvidia, according to a Morningstar analysis of the funds most recent regulatory filings. Among those funds that held a below-average weight in Nvidia, 85% underperformed the index so far this year, Morningstar s data showed.

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Analysis-Funds punished for owning too few Nvidia shares after stunning 230% rally

Analysis-Funds punished for owning too few Nvidia shares after stunning 230% rally
oann.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from oann.com Daily Mail and Mail on Sunday newspapers.

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