Micro Cap Fund

Micro Cap Fund

A mutual fund that invests predominately or exclusively in stocks with very low market capitalization. In general, a micro-cap company has a market capitalization of less than $250 million, but there is no hard-and-fast rule. Some brokerages or exchanges have slightly different definitions of micro-cap. Micro cap funds often contain new companies with strong growth potential; however, for this reason, they may be high risk.
References in periodicals archive ?
We remain committed to restricting the size of the Micro Cap Fund so that we can invest as effectively as possible in the micro-cap segment of the market," said Wayne Willems, a founder and managing partner of John McStay Investment Counsel and member of the 11-person investment team managing the Micro Cap Fund.
He replaces Robert Gardiner who will focus exclusively on managing the Wasatch Micro Cap Fund (Ticker: WMICX).
Most recently, The Micro Cap Fund was featured by Morningstar Fund Investor as "A Hidden Gem(2).
It is also the advisor to the Rice Hall James Small/Mid Cap Fund and the Rice Hall James Micro Cap Fund.
The Wasatch Micro Cap Fund (Nasdaq: WMICX) is currently closed to new investors.
John McStay Investment Counsel has announced that Brazos Micro Cap Fund (BJMIX) has closed to new investors, effective June 5, 2001.
Montgomery Micro Cap Fund -- launched December 30, 1994; emphasizes investment in companies having market capitalizations that place them in the smallest 10% of market capitalizations for domestic companies.
Micro Cap Fund and Gross manages the Fremont Bond Fund.
SAN FRANCISCO, April 19 /PRNewswire/ -- The Montgomery Funds today announced that the Montgomery Micro Cap Fund, managed by Roger Honour, will be re-opened to investors on June 1, 1995.
The Wasatch Micro Cap Fund is the only Equity Fund that didn't get a new name.
Portfolio manager Phil Fortuna also has management responsibility for Scudder Small Company Value Fund, Scudder Micro Cap Fund, Scudder Real Estate Investment Fund, Scudder Tax Managed Growth Fund, Scudder Tax Managed Small Company Fund, AARP Small Company Stock Fund, Scudder Tax Sensitive Trust, and Kemper Small Relative Value Fund.
North Star advises four mutual funds: The North Star Opportunity Fund, the North Star Micro Cap Fund, the North Star Dividend Fund and the North Star Bond Fund.