Small-cap companies in the technology sector are heralded for growth, not value.
About 215 stocks have risen by more than 20 per cent. Tax efficiency of long-term investments in mutual funds has not declined. Small-cap companies in the technology sector are heralded for growth, not value. This report is based on mathematical calculations and, as such, no investment decision should be based solely on its conclusions. Seventy stocks have risen by more than 50 per cent. Read more about after-tax returns and Morningstar definitions.
That's just to name a few of the stocks already making money for Hidden Gems members. But it will require proper identification and nourishment. Average annual total returns include changes in share price and reinvestment of dividends and capital gains. On the contrary, these trends could merely be a by-product of excess liquidity in the economy over the past couple of years. Now, will that growth happen in large-cap, mid-cap or small-cap? If you see relative growth, some of the small-cap, which go on to become large-cap, will give the highest returns. This is the concluding part of the interview with Mr Nilesh Shah, Chief Investment Officer. More notably, the small-cap index has had a spectacular take off.