Another useful way to decide whether to put more money into the emerging growth sector or to invest in a larger, S&P-type fund is to follow the progress of T. Rowe Price New Horizons. New Horizons is a popular fund created in 1961 to invest in small companies. In fact, whenever a company gets too big, the managers at New Horizons remove it from the portfolio. This is as close as you’ll get to a barometer of what is happening to emerging growth stocks.
