The transaction was carried out via The Gores Small Capitalization Fund
Terms of the transaction, which was led by The Gores Small Capitalization Fund
Group, were not disclosed.
Discovery Fund, Laudus Rosenberg International Discovery Fund, and Laudus Rosenberg International Small Capitalization Fund
Quest for Value Opportunity Fund, Quest for Value Small Capitalization Fund
, Quest For Value Growth and Income Fund and Quest for Value Officers Fund -- will continue to be managed by Quest for Value Advisors under subadvisory agreements with OMC.
In the first quarter, small capitalization funds
experienced the greatest losses within each style.
Among the core and value styles, large capitalization funds lost the most, while small capitalization funds
lost the least.
Small capitalization funds
lagged behind all but Large Growth.
Many small capitalization funds
are closed to new investors.
1) Small capitalization funds
typically carry additional risks since smaller companies generally have a higher risk of failure.