It received small funds to cover its expenses only in September 1918.

Many small funds do not produce the income necessary to support the activities required by the donors.

"We're not like the small funds where it makes sense to pay for distribution."

The same dynamics are at work as small funds get bigger.

On the other hand, small funds tend to become large, perhaps in part because of that very performance advantage.

He and his wife have a small fund at the local community foundation.

For years, the data confirmed the theory that small funds perform better than large ones.

Not all small funds turn in sterling performances, of course.

Nowhere is that more clear than when a small mutual fund has got hot.

For the final quarter alone, top honors went to two small funds.