In the 2nd quarter, the Euro-Zone quivered, as Greece sparred with its creditors. In China, the stock market sank. U.S. markets fell only slightly, with small-cap and growth stocks showing gains and propelling mutual funds that focus on them.
A commitment to buying what Richard H. Gould, a portfolio co-manager, called “pure growth companies” produced two second-quarter standouts for Turner Investments — Turner Small Cap Growth Fund and Turner Emerging Growth Fund. Emerging Growth invests in stocks with a broader span of market capitalizations, Mr. Gould said. Small Cap Growth typically buys only companies with market capitalization of less than $2 billion.
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