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Rating:Should Fundsters Steer Clear of Grandeur Peaks? Not Rated 0.0 Email Routing List Email & Route  Print Print
Tuesday, November 1, 2011

Should Fundsters Steer Clear of Grandeur Peaks?

News summary by MFWire's editors

Should fundsters roll the dice with a pair of former Wasatch [see profile] PMs, who are betting on small and micro caps at a time when that sector has been hammered by the market?

Today, Chuck Jaffe raises concerns about Robert Gardiner's and Blake Walker's latest offerings in his column. He said that the new Grandeur Peak funds currently appear to be off the radar of investors but that'll change shortly as the pair begin marketing it more heavily.

"By virtually any measure, Gardiner is a bona fide star. His work at Wasatch Micro-Cap made the fund the single-best performing fund in the industry from the day it opened in 1995 through his departure at the end of 2006," wrote Jaffe, who bought the fund shortly after it opened and still holds it.

Fundsters interested in reading more the PMs' history may want to take a look at the rest of the article. 

Edited by: Hung Tran


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