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Royce Premier Fund
Morningstar's 3/25/11 Quicktake Report by Karin Anderson says that "Royce Premier Fund showcases the best ideas of two veteran small-cap skippers." Chuck Royce and Whitney George co-manage the Fund, assisted by Lauren Romeo.
"Chuck Royce and Whitney George fill this mid-cap blend fund with 60 to 70 of their highest-conviction picks" says Anderson. "And because they invest with multiyear outlooks, the lineup remains relatively steady: Turnover recently clocked in at just 14% versus a category norm of 90%."
Read the full article at Morningstar.com.
Please note that this article is part of Morningstar's premium membership content. You need a paid subscription to view these articles.Important Disclosure Information
*This Fund is only open to existing investors and existing relationships.
This material is not authorized for distribution unless preceded or accompanied by a current prospectus. Please read the prospectus carefully before investing or sending money. Royce Premier Fund invests primarily in small-cap stocks, which may involve considerably more risk than investing in larger-cap stocks The Fund also invests primarily in a limited number of stocks, which may involve considerably more risk than a less concentrated portfolio because a decline in the value of any one of these stocks would cause the Fund's overall value to decline to a greater degree. (Please see "Primary Risks for Fund Investors" in the prospectus.) The Fund may invest up to 25% of its net assets in foreign securities, which may involve political, economic, currency and other risks not encountered in U.S. investments. (Please see "Investing in Foreign Securities" in the prospectus.) The Russell 2000 is an unmanaged, capitalization-weighted index of domestic small-cap stocks. It measures the performance of the 2,000 smallest publicly traded U.S. companies in the Russell 3000 index.
Distributor: Royce Fund Services, Inc.
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