10% Or Bust

Finally, we asked Morningstar to screen for funds that consistently churn out double-digit returns.

Wasatch Micro Cap has the best batting average. It returned 10% or more in ten of its 11 full years, as well as an 11% gain in the first half of 2007, for a 92% success rate. Its only "failure" came in 2002, when it sank 14%. The fund (WMICX) is closed to new investors.

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YRS. IN EXISTENCE/YRS. WITH DOUBLE-DIGIT GAINS
Wasatch Micro Cap12/11
Security Mid Cap Value10/9
Royce Select9/8
Longleaf Partners Intl9/8
Turner Emerging Growth*9/8
Janus Mid Cap Value9/8
Oakmark Global*8/7
Meridian Value13/11
Olstein All Cap Value12/10
Royce Heritage12/10

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