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Rating:Harbor Fund Closes Small Cap Growth Doors Not Rated 0.0 Email Routing List Email & Route  Print Print
Friday, June 20, 2003

Harbor Fund Closes Small Cap Growth Doors

by: Sean Hanna, Editor in Chief

Investors have flocked to the Harbor Small Cap Growth Fund, nearly doubling the fund's asset base to $351 million at the end of May from $191 million at the start of the year. Those new funds are more than portfolio manager William Muggia, president of Westfield Management Company can put to work. That means the fund will be closing to new investors on July 18, according to David G. Van Hooser, chairman of the Harbor Fund board.

Westfield Management subadvises the fund for Harbor.

Existing investors and certain institutional investors will be able to continue to make new buys into the fund.

The Harbor Fund complex offers 13 mutual funds with $12.5 billion in assets.  

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