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August 28, 2003 at 08:00 PM
Aug. 25, 2003 — The Boston Partners Small Cap Value II/Invest (BPSCX), which has posted strong returns this year, will close to new investors on Friday.
The closing is intended to keep the fund’s assets from reaching a level where they may hurt the fund’s performance, Boston Partners Funds said.
The fund, which had $229 million in assets at the end of last month, was up 29.2% this year through July, compared to gains of 19.7% by the average small-cap value fund, and 22.3% by the Russell 2000 Value index.
