Manager Margaret Lindsay specializes in European small caps where there's enough stock available for noninsiders Margaret lindsay says she won't buy a stock unless she expects at least a 30% price appreciation within a year. That's not an easy goal for Lindsay, manager of Fiduciary Trust Company International's European Smaller Companies fund. The average Europe-targeted stock fund returned an annual 16% over the last five years. How has Lindsay done? In the same period her fund returned, well, 31%. Lindsay knows growth is a lot easier with the smaller, unknown names than with behemoths like Nestle. Hence, her 30% rule.
展开▼