Taking the Middle Way

摘要

Mutual fund investors started 2007 as they had the last few years-debating whether to move money into large-cap stocks or keep their bets on small caps, which have beaten the blue chips seven years running. While everyone was focused on the big and the small, stocks in the middle have actually turned in the best performance so far this year. Funds specializing in midcap stocks, those companies typically with a market capitalization of $2 billion torn$20 billion, have risen 11% since January, beating the 8.4% gain in small-cap funds and 7.6% return on large-cap funds, according to Morningstar. Among midcaps, growth-oriented funds have done best, advancing 11.5%, vs. 10.2% for midcap funds that focus on value stocks.