From 1991 to 1995, it was a very successful small-cap growth fund. As it got more attention and a greater inflow of money, it became difficult for (fund manager) Gary Pilgrim to continue focusing on small- and mid-cap stocks.
More Quotes from Paul Herbert:
It's good to have some exposure to large growth in your portfolio independent of intraday dramatic moves.Paul Herbert
They have a team approach to management, but the strategy has been consistent.
Paul Herbert
These sorts of funds have set themselves up to outperform by virtue of the fact that individual picks can really make a difference.
Paul Herbert
Investors who are in an actively managed small-cap fund that has had high returns for several years and has grown in size should expect management to eventually close the fund to new investors. Two examples of funds that did this are Dreyfus Mid Cap Value and Artisan Mid Cap Value , which announced they were closing in early 2002.
Paul Herbert
I do like the manager. It's a fund for someone to devote a little money to, but not make it a core holding.
Paul Herbert
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Based on Topics: Money & Wealth QuotesBased on Keywords: inflow, mid-cap, small-, small-cap
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