People visit the Charging Bull Statue during Covid-19 pandemic in Lower Manhattan, New York City, United States on May 25, 2020.
Tayfun Coskun | Anadolu Agency | Getty Images
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Growth stocks have led the way by a long shot this year as investors flock to companies with internal strength to overcome the unprecedented uncertainty from the coronavirus. The pandemic also accelerated many technological and societal trends that benefit growth names.
One under-the-radar mutual fund — the Sparrow Growth Fund (SGNFX) — is leaving its peers in the dust, soaring more than 51% this year. That’s double the tech-heavy Nasdaq Composite’s 23% return.
