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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.

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