Making Headlines

Financial journalist Steve Halpern of SmallCapInvestor.com writes: "Given the market's high volatility of late, it may be [a good] time for small-cap investors to consider Royce Global Value Fund (RIVFX) — a small-cap fund with a focus on global opportunities within the framework of value-oriented investing." Halpern bases his suggestions on the "latest featured recommendation from Mark Salzinger in his No•Load Fund Investor newsletter." Halpern quotes Salzinger: "The small-cap value approach [in Royce Global Value Fund] attracts us greatly in this case, simply because it is so rare for an international or global fund." Salzinger thinks that the Fund is unique in its niche, and points out that most international stock funds are oriented toward large-cap stocks, and of the small-cap international funds that do exist, most gravitate toward growth stocks.