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The Big Screen: Small- and Mid-Cap Growth Funds That Earned Their Stripes

 

Screen Gems
The Cream of the Big-Cap Growth Crop
Funds That Short and How to Use Them
What's In a Fund's Name Anyway
Building a Diversified Portfolio
Cash Isn't King:Fund Managers Don't Cash Out

Like a stooped boxer with eyes smacked shut, growth funds still standing after the past year's drubbing have a brutal beauty.

Let's just say it's been a year to forget for growth managers. At one point in 2000 the average growth fund had some 40% of its money in tech stocks. That was great when these highfliers hit frothy valuations and then kept chugging north. But over the past year the tech-laden Nasdaq Composite is off 40.9% and the average small- and mid-cap growth funds are down 14.8% and 19.8%, respectively, according to Morningstar. ...

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