SALT LAKE CITY -- They don't have the big-chip cache of the large-cap funds or the diamond-in-the-rough promise of the small caps, but mid-cap mutual funds have consistently outperformed both of those asset classes over the past decade and there's no reason to think that trend will end anytime soon.
During a breakout session titled "Meet Me In The Middle: The Case For Mid Caps" here at the National Association of Personal Financial Advisors' national conference, Derek Smashey, assistant portfolio manager at Scout Mid-Cap Fund, laid out a pretty compelling argument that advisors and their clients should look to the middle for fat returns.
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