Barrett Launches Growth Fund
March 8, 1999
Barrett Associates of New York has introduced the Barrett Growth Fund, a no-load, long-term capital appreciation fund designed to benefit from long-term capital gains tax rates and low overhead.
"The fund takes a conservative approach to growth stock investing," says Robert Harvey, president of Barrett, which currently manages $1.5 billion. The fund will target stocks of established, high-quality companies with reasonable prices and strong earnings growth potential, Harvey says.