Over a recent fiveyear period, smallcap value funds significantly outperformed largecap value funds. Therefore, the typical owner
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Over a recent five‐year period, small‐cap value funds significantly outperformed large‐cap value funds. Therefore, the typical owner of a small‐cap value fund during that period should expect to have outperformed the S&P 500 and should not compare his or her results to the S&P 500, but instead to the Russell 2000 Value Index.
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Investments Analysis And Management
ISBN: 9781118975589
13th Edition
Authors: Charles P. Jones, Gerald R. Jensen
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