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Needham Funds Portfolio Manager Commentary

This site is a collection of past issues of our Portfolio Managers' regular commentary, The Growth Factor. The Growth Factor is a series of regular commentary published by Needham Funds' Portfolio Managers John Barr and Chris Retzler and CFO Jim Giangrasso.  In their monthly missives, John, Chris and Jim lend their viewpoint on thematic investing in growth stocks and discuss market and macroeconomic trends.
 
Please visit www.needhamfunds.com for up to date fund information.  If you have questions or comments, please contact Kathleen Mumma at 212.705.0293, kmumma@needhamco.com.
 
 
 
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The information presented in this commentary is not intended as personalized investment advice and does not constitute a recommendation to buy or sell a particular security or other investments.
 
This message is not an offer of the Needham Growth Fund, the Needham Aggressive Growth Fund or the Needham Small Cap Growth Fund. Shares are sold only through the currently effective prospectus. Please read the prospectus and consider the investment objectives, risks, and charges and expenses of the Fund carefully before you invest. The prospectus contains this and other information about the Fund.

 

Investment returns and principal value will fluctuate, and when redeemed, shares may be worth more or less than their original cost. Shares held 60 days or less are subject to a short-term redemption fee of 2%. Past performance does not guarantee future results and current performance may be higher or lower than these results.  Current month-end performance and a copy of the prospectus is available at www.needhamfunds.com or by contacting the Fund's transfer agent, U.S. Bancorp Fund Services, LLC at 1-800-625-7071.

 

Funds holding smaller capitalized companies are subject to greater price fluctuation than those of larger companies. Also, the Fund's use of short sales, options, futures strategies and leverage may result in significant capital loss. Total return figures include reinvestment of all dividends and capital gains. Needham & Company, LLC, member FINRA/ SIPC, is the distributor of The Needham Funds, Inc.