"We include Price Small Cap Value (PRSVX) in all five of our Master portfolios as well as our Best Buy model portfolios," says Mark Salzinger.
In his The No-Load Fund Investor, the fund expert suggests, "Overall, we consider this fund to be an excellent core holding for small-cap exposure." Here's his bullish overview.
"The fund lost just 28.6% in 2008, vs. anearly 37% loss for the average small-cap-value fund. In 2009, though, that has reversed a bit: Price Small Cap Value has gained 19.6% to its average peer's 22.7% gain. Two reasons for the sluggish performance this year are rooted in the fund's basic composition.
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