A brighter spot in the small stocks universe

Investors in a fund such as this need to be comfortable with volatile small stocks, but for those who are, it could be an interesting option.

The recent poor performance of stocks, caused in part by the uncertainty over the Greek debt crisis and volatility in China's markets, means that many investors may be tempted to steer clear of them. But one equity fund that offers a "brighter spot" is the MFM Slater Growth Fund, writes Leonora Walters in the Investors Chronicle.

Run by Mark Slater, the son of investment guru Jim Slater, the fund's performance speaks for itself. Over five years, it has been the third best-performer in the Investment Association UK All Companies sector and is among the top performers over one and three years, beating the FTSE All-Share and the FTSE 250. Overall, it has returned 20.1% over one year, 83.9% over three years and 151% over five years.

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