Needham Aggressive Growth Fund

Performance

Comparative Performance (as percentage)
1st QuarterA 1 YearB 3 YearsC 5 YearsD 10 YearsE Since InceptionF
Needham Aggressive Growth Fund 3.19% 0.53% 8.74% 9.35% 10.80% 8.34%
After Taxes on Distributions 3.19% 0.52% 8.60% 9.01% 10.19% 7.74%
After Taxes on Distributions & Redemptions 1.80% 0.32% 6.83% 7.43% 9.03% 6.68%
S&P 500 TR†† 10.61% 13.96% 12.67% 5.81% 8.53% 4.91%
NASDAQ Composite Index†
 8.51% 7.39% 12.23% 8.69% 10.30% 6.15%
Russell 2000 Total Return Index††† 12.39% 16.30% 13.45% 8.24% 11.52% 7.76%

(A) 01/01/13 – 03/31/13
(B) 04/01/12 – 03/31/13
(C) 04/01/10 – 03/31/13 (annualized return)
(D) 04/01/08 – 03/31/13 (annualized return)
(E) 04/01/03 – 03/31/13 (annualized return)
(F) 10/04/01 – 03/31/13 (annualized return)

† The NASDAQ Composite Index is a broad-based capitalization-weighted index of all NASDAQ Global Market and Small-Cap stocks.
†† The S&P 500 index is a broad unmanaged measure of the U.S. stock market.
††† The Russell 2000 Index is a broad unmanaged index composed of the smallest 2,000 companies in the Russell 3000 Index.

Growth of $10,000 Investment

An initial investment of $10,000 as of September 4, 2001 (inception) would be worth $25,267 as of March 31, 2013.

NEAGX Q1 2013 Chart
Average annual return since inception 9/4/01 – 03/31/13   8.34%
Total return for the 12 months ended 03/31/13   0.53%
Total return for the quarter ended 03/31/13   3.19%

The chart illustrates the performance of a hypothetical $10,000 investment made in the Fund since the fund's inception. Assumes reinvestment of dividends and capital gains, but does not reflect the effect of redemption fees. This chart does not imply any future performance.
1. S&P 500 Index is a broad unmanaged measure of the U.S. stock market.
2. NASDAQ Composite Index is a broad-based capitalization-weighted index of all NASDAQ Global Market and Small Cap stocks
3. Russell 2000 Index is a broad unmanaged index comprised of the smallest 2,000 companies in the Russell 3000 Index.

The foregoing should not be deemed as an offer to buy an interest in any of the Needham Funds (the “Funds”). Shares are sold only through the currently effective prospectus. Complete information on the Needham Funds, including a current prospectus, is available for downloading and should be read prior to making any decision to invest. Click here to go to the Download Library. Investment in the Funds involves investment risk, including the possible loss of principal. Please read the prospectus and consider the investment objectives, risks, and charges and expenses of the Funds carefully before you invest. The prospectus and the summary prospectus contain this and other information about the Funds.

The results contained on this site represent past performance of the Funds. Past performance does not guarantee future results and current performance may be higher or lower than these results. Performance current to the most recent month-end may be obtained by calling 1-800-625-7071. The Funds’ use of short sales, options and futures strategies and leverage may result in significant capital loss. Although the Fund is classified as “diversified” under the Investment Company Act of 1940, as amended (the “1940 Act”), the Fund may invest its assets in a smaller number of issuers than other, more diversified, funds. The Fund’s net asset value (“NAV”) may be more vulnerable to changes in the market value of a single issuer or group of issuers and may be relatively more susceptible to adverse effects from any single corporate, industry, economic, market, political or regulatory occurrence than if the Fund’s investments consisted of securities issued by a larger number of issuers.

Total return figures include reinvestment of all dividends and capital gains. 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%.

Needham & Company, LLC, member FINRA/SIPC, is the distributor of The Needham Funds, Inc.

THESE SECURITIES HAVE NOT BEEN APPROVED OR DISAPPROVED BY THE SECURITIES AND EXCHANGE COMMISSION OR ANY STATE SECURITIES COMMISSION NOR HAS THE SECURITIES AND EXCHANGE COMMISSION OR ANY STATE SECURITIES COMMISSION PASSED UPON THE ACCURACY OR ADEQUACY OF THIS DOCUMENT. ANY REPRESENTATION TO THE CONTRARY IS A CRIMINAL OFFENSE.

For details regarding the Needham Funds, please contact Needham Investment Management L.L.C. at 1-800-625-7071.
Mutual Funds