Delaware Investments announced today the launch of the Delaware Small Cap Growth Fund, making it the second new fund Delaware has launched since the Sept. 11 terrorist attacks.

On September 28 th, the opening of the Delaware International Small Cap Value Fund was announced ( MFMN 10/08/01).

Led by Gerald Frey, Deleware’s growth team will manage the new fund. The growth team also manages Delaware’s Select Growth Fund, Growth Opportunities Fund and Trend Fund.

The fund will use a bottom-up approach to invest in companies with high earnings and revenue growth potential and that are believed to be leaders in their respective industries, said Karina Istvan, senior VP of retail investor services for Delaware.

Delaware Investments has more than $13 billion in mutual fund assets under management.

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