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    1. The Contrarian View

      Principal and Portfolio Manager Chris Clark details how our contrarian bent is the perfect fit for our actively managed funds.

      2012


      05-15-2012  The Great Divide: Company Fundamentals vs. Macroeconomics
      Over time, companies tend to have more influence on their own success or failure than do the broader economic trends around them.

      04-15-2012  Preservation of Capital vs. Margin of Safety
      We attempt to build a margin of safety in equities through three important tactics.

      03-15-2012  The Real Debate: Preservation of Capital vs. Preservation of Purchasing Power
      Preserving the purchasing power of an investment is arguably more important today than preserving capital.

      02-15-2012  Value – It's Not All Relative
      When looking at valuations of small-cap stocks versus large-caps, we think it’s most useful to compare and contrast the opportunity set and selection universe.

      01-15-2012  Finding Opportunity in Correlated Markets
      In highly correlated markets like 2011, we find ourselves building existing positions and revisiting old favorites at least as frequently as investing in new companies.

      2011


      12-15-2011  The Road Not Taken: Contrarian Thinking is a Critical Part of the Royce Approach
      Patience is an increasingly rare commodity in equity investing, one that we believe has also become a contrarian characteristic.

  1. © Royce & Associates, LLC, 745 Fifth Avenue, New York, NY 10151, (800) 221-4268. All rights reserved. Distributor of The Royce Fund and Royce Capital Fund: Royce Fund Services, Inc., a wholly owned subsidiary of Royce & Associates. The Royce Funds are offered and sold only to persons residing in the United States and are offered by prospectus only. The prospectuses include investment objectives, risks, fees, expenses, and other information that you should read and consider carefully before investing. View our Policies & Procedures, including, among others, our Sarbanes-Oxley Code of Ethics, Privacy Policy and Proxy Voting Guidelines and Procedures.