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Growth Fund – Share Class Investor
All information on this page is as of 09-07-2010 unless otherwise noted.
Ticker SGROX
CUSIP 949915680
NAV $26.26
$ Change $-0.35
% Change -1.32%
YTD Return 3.39%
Inception Date 12-31-1993
Net Fund Assets as of 07-31-2010$1,896,426,877.23
Fund Notes

   
 
Morningstar® Style Box
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Net Asset Value (NAV) as of 09-07-2010 – Share Class Investor
NAV $26.26
$ Change $-0.35
% Change -1.32%
Cumulative & Annualized Total Returns 1 – Share Class Investor
   Annualized Total Returns 
Performance Type   Last 3 Months   Year To Date   1-Year   3-Year   5-Year   10-Year   Since Inception
NAV as of 07-31-2010 -5.74% 2.72% 23.42% -0.43% 5.50% -1.92% 9.64%
NAV as of 06-30-2010 -8.57% -2.60% 25.33% -2.20% 5.43% -2.60% 9.33%

Figures quoted represent past performance, which is no guarantee of future results. Investment return and principal value of an investment will fluctuate so that an investor's shares, when redeemed, may be worth more or less than their original cost. Current performance may be lower or higher than the performance data quoted.

Net asset value (NAV) is the value of one share of the fund excluding any sales charges. Returns for periods of less than one year are not annualized.

Investor Class shares are sold without a front-end sales charge or contingent deferred sales charge.


Expenses – Share Class Investor
Net Expense Ratio
effective since 12-01-2009
1.40%
 
Gross Expense Ratio 1.46%

The adviser has committed, through 7-18-13, to waive fees and/or reimburse expenses to maintain the Fund's net expense ratio as shown, excluding acquired fund fees. Without these reductions, the Fund's returns would have been lower, and the rankings and ratings may have been lower.


Commissions & Breakpoints  (Excludes no-load share classes.) Click here to view
Morningstar Rating 2 – Share Class Investor   Lipper Total Return Rankings – Share Class Investor
Based on risk-adjusted returns as of 07-31-2010
Category Large Growth
Overall (out of 1511 funds)
3-Year (out of 1511 funds)
5-Year (out of 1283 funds)
10-Year (out of 742 funds)

The Overall Morningstar Rating for a fund is derived from a weighted-average of the performance figures associated with its three-, five- and ten-year (if applicable) ratings.

 
as of 07-31-2010
Category Lipper Multi-Cap Growth Funds
1 - Year 13 out of 432
3 - Year 18 out of 364
5 - Year 16 out of 285
10 - Year 96 out of 195

Lipper rankings do not include the effects of sales charges. Past performance is no guarantee of future results.


Benchmark Returns3,4 as of 07-31-2010
   Average Annual Total Returns 
Performance Type   Last 3 Months   Year To Date      1-Year         3-Year         5-Year         10-Year   
Lipper Multi-Cap Growth Funds Average -6.79% -0.58% 14.16% -5.54% 0.93% -2.02%
Russell 3000 Growth Index -6.55% -0.67% 13.88% -4.22% 0.83% -3.79%
Calendar Year Returns1 – Share Class Investor
Calendar Year Return

Does not include sales charges, and assumes reinvestment of dividends and capital gains.

 

1 Investor Class shares incepted on December 31, 1993. Performance shown prior to April 11, 2005, for the Investor Class shares reflects the performance of the Investor Class shares of the Strong Growth Fund.

2 For each fund with at least a three-year history, Morningstar calculates a Morningstar Rating™ based on a Morningstar Risk-Adjusted Return measure that accounts for variation in a fund's monthly performance (including the effects of sales charges, loads, and redemption fees), placing more emphasis on downward variations and rewarding consistent performance. The top 10% of funds in each category receive 5 stars, the next 22.5% receive 4 stars, the next 35% receive 3 stars, the next 22.5% receive 2 stars and the bottom 10% receive 1 star. (Each share class is counted as a fraction of one fund within this scale and rated separately, which may cause slight variations in the distribution percentages.) Past performance is no guarantee of future results.

3 The Lipper Multi-Cap Growth Funds Average is an average of funds that invest in a variety of market capitalization ranges without concentrating 75% of their equity assets in any one market capitalization range over an extended period of time. Multi-cap funds typically have between 25% to 75% of their assets invested in companies with market capitalizations (on a three-year weighted basis) above 300% of the dollar-weighted median market capitalization of the middle 1,000 securities of the S&P SuperComposite 1500 Index. These funds typically have an above-average price-to-earnings ratio, price-to-book ratio, and three-year sales-per-share growth value, compared to the S&P SuperComposite 1500 Index. The total return of the Lipper Average does not include the effect of sales charges. You cannot invest directly in a Lipper Average.

4 Russell 3000® Growth Index measures the performance of those Russell 3000 companies with higher price-to-book ratios and higher forecasted growth values. You cannot invest directly in an index.


This Web site is accompanied by current prospectuses for Wells Fargo Advantage Funds®, an EdVestSM program description(PDF), and a tomorrow's scholar® program description(PDF).

For 529 plans, an investor's or a designated beneficiary's home state may offer state tax or other benefits that are only available for investments in that state's qualified tuition program. Please consider this before investing.

Not FDIC Insured • No Bank Guarantee • May Lose Value