Small but perfectly formed.

Apr 18, 2006 (The Age - ABIX via COMTEX) -- Small listed companies in Australia have been performing very well, but investors should remain astute and cautious. Judging by fund performances over the year to 28 February 2006, it may be smartest to invest in small-capitalisation stock funds run by large fund managers, rather than directly in small-cap stocks. Researcher Lonsec follows 24 such funds. AMP Capital Investors' Small Companies Fund (Class A) generated the year's best return, with 29.7%. Analysts warn that the booming sharemarket may soon start to turn, and that such an event, as well as domestic economic conditions, would be harder on small companies.
Publication Date: 19 April 2006

AMP LIMITED - ASX AMP 

AMP CAPITAL INVESTORS LIMITED 

AMP CAPITAL SMALL COMPANIES FUND (CLASS A) 

LONSDALE SECURITIES LIMITED 

LONSEC RESEARCH 

COMMONWEALTH BANK OF AUSTRALIA - ASX CBA 

COLONIAL FIRST STATE INVESTMENTS LIMITED 

COLONIAL FIRST STATE WHOLESALE SMALL COMPANIES FUND - CORE 

MACQUARIE SMALL COMPANIES FUND 

PALADIN RESOURCES LIMITED - ASX PDN 

WORLEYPARSONS LIMITED - ASX WOR 

BEACH PETROLEUM LIMITED - ASX BPT 

ELEY GRIFFITHS GROUP PTY LTD 

ELEY GRIFFITHS GROUP SMALL COMPANIES FUND 

AUSBIL DEXIA LIMITED 

ONEANSWER - AUSBIL AUSTRALIAN EMERGING LEADERS TRUST 

PENGANA EMERGING COMPANIES FUND 

PLATYPUS ASSET MANAGMENT PTY LTD