The IPO Plus Aftermarket Fund (IPO Plus Fund) offers investors the opportunity to experience the rewards of owning fast-growing, innovative companies before they become household names*. Microsoft, Cisco, and Yahoo! were all once IPOs.

IPO Plus is the first mutual fund to focus investment solely on initial public offerings. The IPO Plus Fund seeks capital appreciation by investing in the common stocks of IPOs on the offering and in the aftermarket*.

Individual investors, however, may find direct investment in IPOs difficult, risky and expensive. Underwriters usually favor institutional clients when allocating shares, so individual investors are often shut out from new issues.

Risk in investing in an IPO can be high as investors often find researching these companies prohibitively time consuming. In addition, direct investment in an IPO can be risky because of the lack of diversity. Finally, individual investors may not be able to afford the large dollar investment required by many brokerage firms.

In response, Renaissance Capital created the IPO Plus Fund as an alternative to direct investment. Renaissance Capital has been researching IPOs since 1991 and is the leading IPO research firm. Renaissance Capital utilizes its proprietary analyses in choosing securities for the Fund's portfolio. IPO Plus is a mutual fund so it offers greater diversity than an individual security. And, IPO Plus has a low minimum initial investment of $5,000 for regular accounts and $2,500 for IRAs.

Read more about the IPO Plus Fund Management