Friday, September 28, 2012

Royce Low-Priced Stock and Royce Micro-Cap Funds Re-Open to New Investors

NEW YORK (HeraldOnline) — Effective Friday, September 28, 2012, Royce Low-Priced Stock and Micro-Cap Funds will re-open to new investors. Each Fund will re-open to all investors to enable the Funds’ adviser to take advantage of what it believes are current opportunities in the small-cap universe.

Royce Low-Priced Stock Fund seeks long-term growth of capital. Royce invests the Fund’s assets primarily in small-cap and micro-cap stocks, those with market capitalizations up to $2.5 billion, that have an average cost per share in the portfolio of less than $25. We believe that investors in the Fund should have a long-term investment horizon of at least three years. Whitney George manages the Fund, assisted by Chip Skinner.

Royce Low-Priced Stock Fund is offered directly by The Royce Funds and through financial intermediaries in the following share classes: Service Class, RYLPX; Investment Class, RLPHX; Institutional Class, RLPIX; R Class, RLPRX; and K Class, RLPKX.

Royce Micro-Cap Fund seeks long-term growth of capital. Royce invests the Fund’s assets primarily in micro-cap companies, those with market capitalizations up to $750 million, focusing on those that it believes are trading significantly below its estimate of their current worth, basing this assessment chiefly on balance sheet quality and cash flow levels. We believe that investors in the Fund should have a long-term investment horizon of at least three years. Jenifer Taylor manages the Fund, assisted by Whitney George and David Nadel.

Royce Micro-Cap Fund is offered directly by The Royce Funds and through financial intermediaries in the following share classes: Investment Class, RYOTX; Service Class, RMCFX; and Consultant Class, RYMCX.

Please contact Joanne Newgard at (800) 562-0880 with any questions.

An investor should carefully consider each Fund’s investment objective, risks, charges, and expenses before investing or sending money. This and other important information about the Funds can be found in the prospectus. To obtain a prospectus, please call Investor Services at 1-800-221-4268 or visit www.roycefunds.com. Please read the prospectus carefully before investing.

The Funds invest primarily in the equity securities of small-cap and/or micro-cap companies, which may involve considerably more risk than investments in securities of larger-cap companies. (Please see “Primary Risks for Fund Investors” in the prospectus). Each Fund may also invest up to 35% of its respective 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). Distributor: Royce Fund Services, Inc., a member of FINRA and SIPC.

#####

The MicroCapCompany.COM
Follow Nicholas Coriano on Twitter

........................................................

About the Author: Nicholas Coriano is a Business Consultant and Planning Guru.  He is a graduate of The University of Connecticut Business School and the John Marshall Law School in Chicago.  He has worked at Merrill Lynch, The New York Stock Exchange and as an Investor Relations Agent & Consultant to Micro Cap Companies and Penny Stocks.  He is the founder and author of The MicroCapCompany.com a blog focused on providing information and advice to Micro Cap Company Executives and Investors.  You can also find him blogging about Social Media, SEO, Web Development and Tech on PushYourRank.com

About MicroCapCompany.COM: MicroCapCompany.COM (The Blog) is a blog focused on providing articles, news and information on the micro cap sector and start-ups.  The Blog is a free service offered by Cervitude™ Investor Relations (a micro cap investor relations firm) and offers compensated research reports and business plan writing services for micro cap companies and penny stocks.  If there is a particular topic you would like to see covered on The Blog, email CervitudeNetwork@gmail.com, If you would like to advertise on The Blog, click here

1 comment:

  1. we must be thankful for them, because despite the fact that they are always for the good of the people though they are not on the side of their family. We must be proud to them; of their hard work and courage.





    penny stock advice

    ReplyDelete