
than larger rivals and can struggle, or even fail, in the face of fierce competition or market downturns. Frontier MicroCap FEFPX offers an extreme example of the damage that struggling micro-caps can wreck on a fund: It's lost 28% over
to imply that he is overseeing only six strategies at Evergreen. A New Definition of Independent Meanwhile, Frontier MicroCap FEFPX has some doozies in its filings . First, we learn that the firm is counting the brother-in-law of the fund
S. Global Invest Wrld Prec Min UNWPX 34.50 Frontier MicroCap FEFPX 33.34 U.S. Global Investors Gold USERX 32 ..... a 4.89% annualized loss for the period, and Frontier MicroCap has posted an appalling 10-year annualized loss
fact, some of the worst funds around belong to the under-$100-million club: American Heritage AHERX, Frontier Equity FEFPX , and Ameritor Security Trust ASTRX. Still, you can find some winners in this group. Most tiny funds worth owning are either
disclosed the hiring of fund management wunderkind Chris Lahiji. Lahiji, the 21-year-old former manager of Frontier Equity FEFPX , recently stepped down at his former charge. "Lahiji is a great fit for us," said Sprout. "We've already got too many
fees or liquidate. Candidates for Action by Fund Boards American Heritage AHERX (expense ratio 12.36%) Frontier Equity FEFPX (expense ratio 8.38%) Munder NetNet MNNAX (expense ratio 3.04%) Grand Prix GPFFX (expense ratio 2.49%) U.S
portfolio and give a little bit to some underperforming categories. 100th percentile Through July 6, 2004, Frontier Equity FEFPX ranked in the small-blend category's 100th percentile for every trailing period longer than a month. Since taking over
you get a truly toxic brew guaranteed to lose money. If you don t believe expenses are important, read on. Frontier Equity FEFPX : Thanks to huge expenses and crummy stock selection, this fund has lost an annualized 26.08% over the past 10 years. The
That's perplexing, because the fund is already the biggest mid-growth fund by a margin of $2 billion." Frontier Equity FEFPX , by Bradley Sweeney "If anyone was curious, this is what one of the worst mutual funds in the world looks like." Fidelity
6% annualized loss for which it charges a 2.68% expense ratio. Next come American Heritage AHERX and Frontier Equity FEFPX which are mega-cost funds full of bulletin-board stocks. I discussed them last year so I ll leave them alone for now