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Don’t Make Me Say I Told You So 103

Here are the top ten holdings of one of the largest growth
funds in existence, the Growth Fund of America, as of February,

2020:

Top Equity Holdings

Facebook Inc. A 5.58%
Microsoft Corp. 5.28%
4.64%
Amazon.com Inc. 3.86%
UnitedHealth Group Inc. 3.37%
Alphabet Inc. Class C 2.28%
Broadcom Inc. 1.94%
Mastercard Inc. A 1.57%
Charter Communications Inc. A 1.47%
Alphabet Inc. A 1.38%

0
Source: American Funds, 2020

Blend/Core Investing

Blend, or core, investing utilizes both value and growth

disciplines. Emphasis shifts between stocks of companies that
are undervalued and stocks that have strong earnings-growth

potential. Blend funds combine different types of investments
into a single mutual fund. The goal of a blend fund is to provide

diversification to produce long-term results, while attempting
to manage risk.

Chapter 3: You Must Have Growth In Your Portfolio