This Day On The Street
Continue to site right-arrow
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
Stocks Under $10 with 50-100% upside potential - 14 days FREE!

Paradigm Opportunity Protects Investors in Tough Times

Stocks in this article: PFOPX ICMAX QLGC MW CVG

(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

Select the service that is right for you!

Action Alerts PLUS
Try it NOW

Jim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
  • Weekly roundups
TheStreet Quant Ratings
Try it NOW
Only $49.95/yr

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
  • Upgrade/downgrade alerts
Stocks Under $10
Try it NOW

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

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
  • Weekly roundups
Dividend Stock Advisor
Try it NOW

Jim Cramer's protege, 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
  • Alerts when market news affect the portfolio
  • Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
Real Money Pro
Try it NOW

All of Real Money, plus 15 more of Wall Street's sharpest minds delivering actionable trading ideas, a comprehensive look at the market, and fundamental and technical analysis.

Product Features:
  • Real Money + Doug Kass Plus 15 more Wall Street Pros
  • Intraday commentary & news
  • Ultra-actionable trading ideas
Options Profits
Try it NOW

Our options trading pros provide daily market commentary and over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • 100+ monthly options trading ideas
  • Actionable options commentary & news
  • Real-time trading community
  • Options TV
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!


DOW 17,356.87 +288.00 1.69%
S&P 500 2,012.89 +40.15 2.04%
NASDAQ 4,644.3120 +96.4780 2.12%

Brokerage Partners

Rates from

  • Mortgage
  • Credit Cards
  • Auto

Free Newsletters from TheStreet

My Subscriptions:

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

Register for Newsletters
Top Rated Stocks Top Rated Funds Top Rated ETFs