Gregory R. Greene, CFA, managing director of Fox Asset Management, which manages the Saratoga Small Capitalization Fund (SSCPX). For the five-year period through September 30, the fund had an annualized return of 8.5% versus 2.4% for its small-cap value peers.
Usually, when the overall economy is in turmoil, small-cap stocks get slammed harder than large-caps. But not this year. For…