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Strategies & Market Trends : PBHG Funds

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To: Christopher Coleman who wrote ()6/16/1996 3:18:00 PM
From: Michael W. Brom   of 268
 
Chris, I have an IRA in Emerging Growth and I am in the process of transferring some other IRA money over to the PBHG Select Equity fund from Robertson Stephens Value + Growth. I also plan on investing in the new "limited" fund, which current PBHG shareholders can begin transferring assets to on June 26th. It will close after reaching $100 Million in assets, which won't take long. The fund will invest in micro-cap companies <$50 Million, and it will "officially" open on July 1st, so don't wait to jump on board! Funds that close are better-managed because excess inflow of cash doesn't force the fund manager to make hasty investment decisions just to get all of the shareholder's money into the market.
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