AccessMyLibrary provides FREE access to millions of articles from top publications available through your library.
Byline: CLAIRE MENCKE
For small-cap fund managers, it's more important than ever to be early, says Bill Wolfenden.
And as manager of RS Investments' $132 million Smaller Company Growth Fund, he's in a better than average position to do just that.
That helped the fund return 8.3% last year and 4.4% in 2000, though this year the fund is down 14%.
Still, the fund carries a 36-Month Performance Rating of A from IBD, as its total return was among the top 5% of all funds. Over the past five years, returns have averaged 17.2%.
"Even micro caps are getting discovered sooner now," said Wolfenden. "There are more tools for this."