FYI: Midcap stock mutual funds, like their small-cap cousins, have lagged large-cap funds and the S&P 500 this year, but midcaps remain close behind small caps' stellar performance in the past 15 years.
Look what a $10,000 investment on Sept. 30, 1999, would do in each. Investors holding the average midcap stock fund would have $36,323 as of Oct. 20 this year, according to Morningstar data. That's a bit behind small-cap funds, which would have $39,299.
Regards,
Ted
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Comments
I usually try to keep about 35% of my equities in small & mid caps. Currently, I am now at about 25% combined based upon my most recent Instant Xray analysis. Seems some of my hybrid funds have reduced their allocation to them. I have considered doing some buying in the small/mid area since thier vauations have pull back. Ytd my small/mid cap sleeve has had positive returns at 1.7%. My best performer is PMDAX which is up 4.4% ytd.
Old_Skeet