Word: lipper
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Dates: during 1970-1979
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...Three. The no-load funds do a good investing job. Last year three no-load funds ranked one-two-three in growth among all the 526 funds rated by Manhattan's Arthur Lipper Corp. Another four no-load funds were in the top 15. Growth Fund Research Inc., a San Clemente, Calif., research firm, figures that $10,000 invested in an average no-load fund in 1949 would have grown to $96,246 by the end of 1970, assuming reinvestment of all capital gains and dividends. The same amount of money invested in an average loaded fund would have...