Bryce Capital Funds, a mutual fund company based in Pittsford, recently marked its first year of operations and was labeled a “Category King” by the Wall Street Journal, because of its track record.
Ed Sheidlower '88 is the fund president and portfolio manager.
The newspaper noted that the Bryce Capital Value Fund ranked in the top 10 in its category; the Bryce Capital Growth fund also outperformed its peer group and the broader market.
The value fund returned 20 percent, net of fees, as compared with the S&P, which returned 10 percent for the same period, according to a release from the firm. The growth fund returned 12.7 percent for the period.
Bryce also recently extended its temporary waiver of minimum fund investment, which was the subject of a June 19 story in the Rochester Democrat and Chronicle. That waiver allows younger investors and students to begin saving without the traditional $2,500 initial outlay.