Royce Heritage Returns -9.3% in 2011

Royce Heritage Fund (RHF) seeks long-term growth of capital. Using a disciplined value approach, Royce expects that a significant portion of the Fund’s assets will be invested in the equity securities of micro-cap, small-cap and/or mid-cap companies with market capitalizations up to $5 billion. We believe that investors in the Fund should have a long-term investment horizon of at least three years. Chuck Royce serves as lead portfolio manager. Jim Harvey serves as portfolio manager, assisted by Chris Clark and Steve McBoyle.

RHF-SCFS

Voss Capital is betting on a housing market boom

Housing MarketThe Voss Value Fund was up 4.09% net for the second quarter, while the Voss Value Offshore Fund was up 3.93%. The Russell 2000 returned 25.42%, the Russell 2000 Value returned 18.24%, and the S&P 500 gained 20.54%. In July, the funds did much better with a return of 15.25% for the Voss Value Fund Read More