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Instead, it is a bet only that the small caps will appreciate more, or decline less, than the large caps.
"At this low price, the stock may decline less than the others if the market drops," said Leif Eriksroed, investment director at Norway's Delphi Fondsforvaltning.
Although they tend to decline less than traditional balanced funds during market downturns, they generally do not outperform the market in good times.
The value of a two-year muni would decline less than 2percentt if interest rates rose by one point, he said.
According to a note on the Web site, "research shows that on average the fuel economy of a properly maintained vehicle will decline less than 2 percent over the 15 year life of a car".
The returns will not be as good as last year, they say, but the prices of these bonds are likely to decline less than those of higher-quality bonds because, as interest rates rise, a growing economy would improve the issuers' credit quality.
Similar(47)
Archives|SMALL DECREASE IN FACTORY ROLLS; Number of Employes in State Declined Less Than 1 Per Cent. in June.
SMALL DECREASE IN FACTORY ROLLS; Number of Employes in State Declined Less Than 1 Per Cent. in June.
Housing prices have declined less than in most other regions.
Revenue fell to $42.7 billion, from $43.4 billion a year ago, as global sales declined less than 1percentt.
In the bear market, some funds did relatively well by declining less than the overall market.
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