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:
DEFYING THE ODDS Health, Energy And Financials Fed Top Funds As Tech Was Albatross Around Year's Neck.(B)(Mutual Weekly Special)
Byline: Dan Moreau
Investor's Business Daily
Top mutual funds in 2000 drew on the often sizzling performance of financials, energy, services and even tech stocks to deliver big gains.
But it took biotech and health care to produce triple-digit returns. Health sector funds that include everything from biotechs to medical equipment makers and health maintenance organizations dominated the year (see chart). Only a handful of non-health funds, such as Fidelity Select
Natural Gas and American Eagle Capital Appreciation, managed to make the list.
Even list-topper Schroeder Micro Cap Investor took much of its 148% gain going into Friday from health sector stocks. Among its top holdings are Respironics and Serologicals. Respironics makes products that fight asthma, lung and breathing problems. Serologicals makes blood-typing agents and other biotech products.
More important, Respironics was up more than 310 for the year going into Thursday. Serologicals was up 156%. Ira Unschuld, who has run Schroeder Micro Cap for three years, was no slouch the previous year, either. The fund gained 95% in 1999. In 1998, it was up 63%.
- Micro-cap funds may present an opportunity; Many are trading below book...
- Magazine article from: Investment News May 12, 2008 700+ words
Byline: David Hoffman Micro-cap stocks are beaten down to the point...the reason the $95 million Wasatch Micro Cap Value Fund (WAMVX), and $47 million...Bythrow, a manager of the Wasatch Micro Cap Value Fund. Micro-cap stocks...
- Fund Spy: Micro-Cap ETFs Under the Microscope.
- Newspaper article from: Morningstar Column (Morningstar) September 13, 2005 700+ words
...Culloton Sep. 13--The sponsors of two new micro-cap exchange-traded funds would have investors...also not clear if the recently launched micro-cap ETFs will be the best way to maximize any micro-cap strength. Two micro cap ETFs -- iShares...
- Hot Web, Inc. Announces That The Micro-Cap Opportunity Initiates Coverage on...
- Press release article from: Business Wire May 10, 2007 700+ words
...Hot Web, Inc. Announces that The Micro-Cap Opportunity newsletter has initiated...with a rating of 'Accumulate'. The Micro-Cap Opportunity newsletter, a Los Angeles...speculative trading opportunities in micro-cap companies, issued a current 'fair value...
- Big returns in the smallest packages: micro-cap funds can produce an oversized...
- Magazine article from: Black Enterprise Korn, Donald Jay August 1, 2004 700+ words
...of more than $300 billion, an example of a micro-cap would be PetMed Express, a company that provides...year. Others in the top 10 included Oberweis Micro Cap (OBMCX), Perritt Micro Cap Opportunities (PRCGX), and Fifth Third Micro...
- A micro-cap index and ETF planned; Debut by Russell could pave the way for...
- Magazine article from: Investment News June 20, 2005 700+ words
...industry experts say. There are relatively few micro-cap mutual funds and no micro-cap ETFs. Research by Lipper Inc. showed that...Lipper nor Morningstar Inc. in Chicago breaks micro-cap funds out as a separate fund category. But...
- Touchstone Investments Expands Fund Line-Up With Micro-Cap Growth Addition.
- Press release article from: PR Newswire June 22, 2004 700+ words
...offering with the launch of the Touchstone Micro Cap Growth Fund. The Fund seeks long-term...growth characteristics. The Touchstone Micro Cap Growth Fund is subadvised by Bjurman...Bjurman, Barry's performance, its micro-cap offering has reached capacity and is...
- Scudder launches new micro cap fund.
- Press release article from: Business Wire August 12, 1996 700+ words
...Funds has announced the launch of Scudder Micro Cap Fund, a new domestic equity fund that...America's smallest companies. The micro-cap sector is a unique market of over 4...As a result, the growth potential of micro-cap stocks often isn't reflected in their...
- Wasatch Funds Launches Micro Cap Value Fund.
- Press release article from: PR Newswire May 2, 2003 700+ words
...announced the launching of the Wasatch Micro Cap Value Fund, effective July 28, 2003...be co-managed by Wasatch veteran and Micro Cap Fund Manager Robert Gardiner along with...companies. According to Mr. Gardiner, the Micro Cap Value Fund came about as the natural...