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Contrarian Alert: 5 Fine Reopened Funds

Their near-term performance may not compel, but a reopening can be a good buying opportunity.

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Um, thanks but no thanks?

That may well have been many investors’ reaction to last Friday’s news that Sequoia Fund (SEQUX) was reopening to new investors.

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Christine Benz does not own shares in any of the securities mentioned above. Find out about Morningstar’s editorial policies.