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Mid-Cap

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Mid-Cap
Describing a publicly-traded company with medium amount in market capitalization. In general, a mid-cap company has a market capitalization of between $2 billion and $10 billion, but there is no hard-and-fast rule. Some brokerages or exchanges have slightly different definitions of mid-cap. Some indexes track mid-cap companies, as do some exchange traded funds. See also: High-cap, Low-cap.

mid-cap
1. Of or relating to the common stock of a company with a middle level of market capitalization, usually within the range of $2 billion to $10 billion, although the cutoff points are fuzzy on both ends.
2. Of or relating to a mutual fund that holds mostly mid-cap stocks.


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This is particularly important for many small- and mid-cap companies that have seen their research coverage shrink or disappear altogether.
The fund aims to maximise its returns by investing primarily in mid-cap companies and selectively in small cap companies with relatively higher growth potential compared to the broad market" said Ayman Bajsair, Head of Product Development at NCB Capital.
Rasooldeen RIYADH: NCB Capital, the investment arm of the National Commercial Bank has launched the Al-Ahli Saudi Mid-Cap Equity Fund yesterday to attract both Saudi and non-Saudi investors.
 
 
 
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