AccessMyLibrary provides FREE access to over 30 million articles from top publications available through your library.
Create a link to this page
Copy and paste this link tag into your Web page or blog:
Byline: PAUL KATZEFF
One sign that the worst of the bear market is past is the re-emergence of a marquee name of the late 1990s' bull market. The Oberweis funds are on a roll again.
Small-cap $65 million Emerging Growth Fund was up 6.82% this year going into Wednesday. That's ahead of gains of 4.81% for the S&P 500 and 3.26% for the fund's small-cap growth funds tracked by Morningstar Inc.
The $5 million Oberweis Mid-Cap was up 8.78% vs. 4.98% for its peers.
Mauled by the bear market, the funds' average annual returns over three years are -12.45% and -29.49%, respectively.
Their sibling $60.4 million Oberweis Micro-Cap on May 30 will close to new investors and to new flow from current investors, except for those in retirement plans offering the fund.
The fund is up 14% this year and 7.92% in the past 12 months. That outperformance has lured $36.2 million in net flow this year.