Winner: Oberweis Micro-Cap
In Oberweis Micro-Cap (OBMCX), we have another fund that has done well by occupying the small- and microcap space.
OBMCX is a fine option for aggressive investors that seek out exposure to the smallest of the small. It is composed of about 73% in microcap names, with the balance in small-caps.
But be alert — despite the diversification qualities of mutual funds in general, there still is risk to be had here. This mutual fund lost almost 53% in 2008, and is ranked by Morningstar in the bottom 2% of its category in the past 10-year period.
OBCMX charges 2% in expenses.