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MSCFX, my domestic small-cap fund. This surely cannot go on at such a pace, but the rest of you deserve to hear: in 16 days, my stake is up 4.448%. How do ya like DEM apples?
Gentlemen: Let's look at the benchmarks ! YTD: S&P 600 Small Cap Index 11.71% S&P 600 Growth Index 11.34% S&P 600 Value Index 12.13% YTD: Russell 2000 Index 11.86% Russell2000 Growth Index 12.52% Russell 2000 Value Index 11.20% Regards, Ted
Comments
Here's how it compares with a few other small caps I track (RYSEX, ARIVX, LLSCX):
And performance:
At this rate, the young MSCFX should attract substantial inflows.
Even sweeter given the down-played expectations. A reminder of David's commentary from last October just after the fund opened:
"If you’re looking for excitement, look elsewhere. If you want the next small cap star, go away. It’s not here."
I also like Mr. Adams' commentary:
http://www.mairsandpower.com/images/Documents/Small_Cap_Market_Commentary_12.31.11.pdf
YTD: S&P 600 Small Cap Index 11.71%
S&P 600 Growth Index 11.34%
S&P 600 Value Index 12.13%
YTD: Russell 2000 Index 11.86%
Russell2000 Growth Index 12.52%
Russell 2000 Value Index 11.20%
Regards,
Ted