Micro Cap Fund

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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 ?
Similarly, Ron Pearson, president and CEO of Beach Financial Advisory Service in Virginia Beach, Virginia, says that investors should limit micro-cap fund holdings to less than 5% of their portfolio: "[With that percentage], you reduce the risks of investing in micro-caps.
But such thinking disturbs Robert Gardiner, portfolio manager of the Wasatch Micro-Cap Fund, which was ranked first in its category by Lipper Analytical with a three-year annual return of 25 percent.
Royce Micro-Cap Fund seeks long-term growth of capital.
He has extensive experience with the RAF team, and has also worked with the Riverside Micro-Cap Fund, which focuses on smaller LBO deals.
Riverside Micro-Cap Fund, with offices in Cleveland, New York, San Francisco and Dallas;
Royce Micro-Cap Fund (Investment Class, RYOTX; Consultant Class, RYMCX; Service Class, RMCFX), co-managed by Whitney George and Jenifer Taylor, invests primarily in companies with market capitalizations less than $500 million.
REF III is the ninth vintage managed by Riverside across the firm's three global fund families - REF, Riverside Capital Appreciation Fund (RCAF) and Riverside Micro-Cap Fund (RMCF).
Innuity Signs Deal with Global Micro-Cap Fund Investing in High-Growth Companies
The firm announced today that it has closed its Riverside Micro-Cap Fund I ("RMCF") at $250 million, more than 67% above its target of $150 million.
This initiative has already gained momentum with recent purchases of the Company's common stock by several micro-cap fund managers.
Roxbury also manages three no-load mutual funds: The Roxbury Micro-Cap Fund, The Roxbury Small-Cap Growth Fund (managed by the Portland team), and The Roxbury Mid-Cap Fund.
Cogent also manages a Micro-cap fund focusing on companies with a market capitalization of less than 100MM.