Needham Growth Fund – 1Q23 Commentary
MARKET REVIEW In 1Q23, the Russell 2000 returned 2.74% and the S&P 500 returned 7.50%. Despite the worry, the markets have been positive over the last nine months. As anticipated, the Federal Reserve raised interest rates by 25 bps to 4.50% – 4.75% on February 1. General consensus of the Fed predicts another 25 bps […]
Needham Aggressive Growth Fund – 1Q23 Commentary
MARKET REVIEW In 1Q23, the Russell 2000 Growth returned 6.07% and the S&P 500 returned 7.50%. Despite the worry, the markets have been positive over the last nine months. As anticipated, the Federal Reserve raised interest rates by 25 bps to 4.50% – 4.75% on February 1. General consensus of the Fed predicts another 25 […]