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  /  News   /  This mutual fund has jumped 40% this year with a value strategy. Here’s how its manager picks stocks

This mutual fund has jumped 40% this year with a value strategy. Here’s how its manager picks stocks

People walk along Wall Street in the financial district of Manhattan on September 29, 2021 in New York City.

Spencer Platt | Getty Images

Bill Smead could hardly have picked a scarier time to strike out on his own.

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