Little by Little
Ultra-small caps by the handful
Small-cap funds have held their own in this year of market turmoil. But even among the small stuff, you've got to know where to look for a sound investment.
Take the Bridgeway Ultra-Small Company Tax Advantage Fund (BRSIX). This mouthful of a fund is a passively managed index fund that invests in the tiniest of companies-the ultra-small caps. And it's a quant fund: There are no visits to companies for John Montgomery, the fund's manager. No, choosing which companies best replicate his chosen index is all a matter of working with computers and numbers.
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