Vanguard Group and Harbor Fund both Introduce Small Company Funds
The Vanguard Group and Harbor Fund no-load fund families both announced this week new small company growth funds to their lineup of mutual funds.
The Harbor Fund new entry, called The Harbor Small Company Growth Fund actually commenced operations yesterday while the Vanguard entry, to be called the Vanguard Strategic Small-Cap Equity Fund, is not expected to be introduced until the second quarter pending regulatory approval. Small-cap stocks have generally outperformed large-cap stocks for the last five years. For individual investors it is typically difficult to get quality research on small-cap stocks. Large fund families like Vanguard and Harbor, with their extensive research networks, offer an alternative for those investors willing to accept the larger risks associated with the possibly larger returns offered by investing in small-cap stocks.





