Bank of America: Strong semiconductor performance drives growth funds to outperform the market, with actively managed funds delivering impressive results in June
BlockBeats News, on July 6, Bank of America released data showing that in June, 53% of large-cap actively managed funds outperformed the benchmark index. Actively managed mid-cap and small-cap funds performed even better, with 71% and 91% respectively outperforming the benchmark.
Bank of America pointed out that in the first half of 2026, driven by the strong surge in semiconductor stocks, growth-style funds as a whole outperformed value-style funds. Value-style funds, having a relatively lower allocation to semiconductor stocks, lagged behind in performance.
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