Small-capitalization (small-cap) fund
A mutual fund that invests primarily in stocks of companies whose market value is less than $1 billion. Small-cap stocks historically have been more volatile than large-cap stocks, and often perform differently from the overall market.
Nearby TermsSmall-cap Small-capitalization (small cap) stocks Small-capitalization (small-cap) fund Small-firm effect Smart money
Copyright © 2011 Campbell R. Harvey, Professor of Finance, Fuqua School of Business at Duke University