This Day On The Street
Continue to site
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

Paradigm Opportunity Protects Investors in Tough Times

(Editor's note: TheStreet today named 82 mutual funds and exchange traded funds, or ETFs, winners and runners-up in its second annual awards ceremony. A list of the funds and related articles can be found on the awards page.)

BOSTON ( TheStreet) -- When children are asked what they want to be when they grow up, they're more likely to say "firefighter" or "doctor" before "asset manager." But even as a kid, Jason Ronovech, manager of the Paradigm Opportunity Fund (PFOPX), enjoyed the thrill of researching and picking stocks.

Ronovech, who broke into the investing business 12 years ago, says he used to participate in newspaper stock-picking contests when he was younger. Those contests rewarded those with a model portfolio and fictitious amount of money to manage, skills that have benefitted Ronovech as he now hunts for the best small-cap stocks he can buy as a professional investor.

Jason Ronovech

"I enjoyed that. I enjoyed the excitement of it," Ronovech says by phone from his office in Albany, New York. "It was interesting to do the analysis and see the results as you compete against others. It's a combination of enjoying analysis and looking at a broad number of companies and learning about them."

In 2000, Ronovech landed at Paradigm Capital, a boutique investment-management firm focused on small-cap stocks. The company is nearly two decades old with $2 billion in assets under management, the vast majority of which are with institutional and wealthy clients. Paradigm Capital launched its own mutual fund family a decade ago with the Paradigm Value Fund (PVFAX). Ronovech is the manager of that fund as well as the Paradigm Select Fund (PFSLX), which was started in 2005.

However, it's Paradigm Opportunity that earns a "buy" rating and a five-star grade from TheStreet Ratings, which indicates the fund has an excellent track record for maximizing performance while minimizing risk. Because of that, Paradigm Opportunity won TheStreet's Best Funds 2012 award for the small-cap core category. The runner-up was Intrepid Small-Cap Investor (ICMAX), run by Mark Travis, Jayme Wiggins and Greg Estes.

The Paradigm Opportunity fund returned an annual average of 22.3% in the three years through Dec. 31, outpacing the benchmark Russell 2000 Index's return of 15.6%. The fund has an average annualized total return of 4.3% since inception on Jan. 1, 2005, compared to a 3.2% return for the Russell 2000. A hypothetical $10,000 investment made at the fund's inception would have grown to $13,442 as of Dec. 31.
1 of 4

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
Dividend Stock Advisor

David Peltier identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Real Money

More than 30 investing pros with skin in the game give you actionable insight and investment ideas.

Product Features:
  • Access to Jim Cramer's daily blog
  • Intraday commentary and news
  • Real-time trading forums
Only $49.95
14-Days Free
14-Days Free
CVG $26.50 -0.77%
MW $17.42 -2.13%
QLGC $13.10 -1.80%
AAPL $93.75 -1.10%
FB $117.53 0.69%


Chart of I:DJI
DOW 17,773.64 -57.12 -0.32%
S&P 500 2,065.29 -10.52 -0.51%
NASDAQ 4,775.3580 -29.9330 -0.62%

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs