Funds Notebook: PBHG Fund Returning 800%, Turning Away New Investors

If you want proof that PBHG's aggressive investment style suits this market, just look at (PBNOX Quote)PBHG New Opportunities. It's a small fund, closed to new investors, that's up a staggering 830% over the past year.

How has 27-year-old portfolio manager Frank "Quint" Slattery posted such a fat return, and is there any way you can get a piece of the action? All will be revealed.

The $261 million fund, which closed last fall, had about 90% of its assets in tech stocks like top holdings InfoSpace.com (INSP Quote) and JDS Uniphase (JDSU Quote) at the end of 1999. Year to date, these stocks are up 143% and 74%, respectively. ...