Wasatch Micro Cap has the best batting average. It returned 10% or more in ten of its 11 full years, as well as an 11% gain in the first half of 2007, for a 92% success rate. Its only "failure" came in 2002, when it sank 14%. The fund (WMICX) is closed to new investors.
Most of the funds in the one-year-miss club specialize in small, midsize or foreign firms. Among the well-known names are Longleaf Partners International (LLINX) and Oakmark Global (OAKGX). Longleaf's managers invest only if they can buy a stock for at least 40% less than their estimate of the firm's true worth, and they hedge the fund's currency exposure. The fund lost 17% in 2002 but has gained an annualized 16% since its launch in October 1998. It rose 15% in the first half of '07. Oakmark usually doesn't hedge currency, but it takes a similar approach to stock selection. It lost only 2% in 2002 and gained 11% in the first half of '07.
Selected funds that delivered double-digit returns in at least 80% of calendar years and at least 5% in the first half of 2007:
Sign up for Kiplinger’s Free E-Newsletters
Profit and prosper with the best of expert advice on investing, taxes, retirement, personal finance and more - straight to your e-mail.
Profit and prosper with the best of expert advice - straight to your e-mail.
| YRS. IN EXISTENCE/YRS. WITH DOUBLE-DIGIT GAINS | |
| Wasatch Micro Cap | 12/11 |
| Security Mid Cap Value | 10/9 |
| Royce Select | 9/8 |
| Longleaf Partners Intl | 9/8 |
| Turner Emerging Growth* | 9/8 |
| Janus Mid Cap Value | 9/8 |
| Oakmark Global* | 8/7 |
| Meridian Value | 13/11 |
| Olstein All Cap Value | 12/10 |
| Royce Heritage | 12/10 |
SOURCE: ©2007 Morningstar Inc.
-
Six Missteps to Avoid as You Transition to RetirementDon't lose sight of your finances when you finally reach retirement. These six classic missteps can chip away at the nest egg you’ve worked so hard to build.
-
Why Does One Claim Jack Up My Insurance After Years of No Claims?Even loyal customers can be hit with an insurance premium hike after a claim, despite going many years without any claims. There's a reason for that.
-
Best Banks for High-Net-Worth Clients 2024wealth management These banks welcome customers who keep high balances in deposit and investment accounts, showering them with fee breaks and access to financial-planning services.
-
Stock Market Holidays in 2024: NYSE, NASDAQ and Wall Street HolidaysMarkets When are the stock market holidays? Here, we look at which days the NYSE, Nasdaq and bond markets are off in 2024.
-
Stock Market Trading Hours: What Time Is the Stock Market Open Today?Markets When does the market open? While the stock market does have regular hours, trading doesn't necessarily stop when the major exchanges close.
-
Bogleheads Stay the CourseBears and market volatility don’t scare these die-hard Vanguard investors.
-
The Current I-Bond Rate Until May Is Mildly Attractive. Here's Why.Investing for Income The current I-bond rate is active until November 2024 and presents an attractive value, if not as attractive as in the recent past.
-
What Are I-Bonds? Inflation Made Them Popular. What Now?savings bonds Inflation has made Series I savings bonds, known as I-bonds, enormously popular with risk-averse investors. So how do they work?
-
This New Sustainable ETF’s Pitch? Give Back Profits.investing Newday’s ETF partners with UNICEF and other groups.
-
As the Market Falls, New Retirees Need a Planretirement If you’re in the early stages of your retirement, you’re likely in a rough spot watching your portfolio shrink. We have some strategies to make the best of things.
