IBJNews

Kirr Marbach & Co. mutual fund among nation's best performers

Back to TopCommentsE-mailPrintBookmark and Share

A mutual fund run by Kirr Marbach & Co. in Columbus is the second-best-performing in its class, according to rankings by The Wall Street Journal.

Among value funds that include companies of varying sizes, the performance of the Kirr Marbach Partners Value Fund ranks No. 2 out of 357 similar funds nationally, through the end of July. A fund managed by Los Angeles-based Hotchkis and Wiley Capital Management ranks No. 1 in the category.

The value of Kirr Marbach’s fund has risen 7.7 percent through the first seven months of the year and 26.7 percent during the last 12 months.

By contrast, the DJ Wilshire 5000 Index has been unchanged since the beginning of the year and up 13.3 percent in the past 12 months.

Kirr Marbach, which dates back to 1975, describes its investment philosophy as “buying straw hats in the winter.”

“We look for companies with solid business prospects, sound financial structures and strong shareholder-oriented management teams whose stocks are selling for 50 cents on the intrinsic value dollar,” the company states on its Web site.

ADVERTISEMENT

Post a comment to this story

COMMENTS POLICY
We reserve the right to remove any post that we feel is obscene, profane, vulgar, racist, sexually explicit, abusive, or hateful.
 
You are legally responsible for what you post and your anonymity is not guaranteed.
 
Posts that insult, defame, threaten, harass or abuse other readers or people mentioned in IBJ editorial content are also subject to removal. Please respect the privacy of individuals and refrain from posting personal information.
 
No solicitations, spamming or advertisements are allowed. Readers may post links to other informational websites that are relevant to the topic at hand, but please do not link to objectionable material.
 
We may remove messages that are unrelated to the topic, encourage illegal activity, use all capital letters or are unreadable.
 

Messages that are flagged by readers as objectionable will be reviewed and may or may not be removed. Please do not flag a post simply because you disagree with it.

Sponsored by
ADVERTISEMENT

facebook - twitter on Facebook & Twitter

Follow on TwitterFollow IBJ on Facebook:
Follow on TwitterFollow IBJ's Tweets on these topics:
 
Subscribe to IBJ
ADVERTISEMENT