In March 2000, 275 mutual funds posted triple-digit returns. In the years since, over 100 mutual funds went out of business.
But the Turner Emerging Growth Fund has managed to maintain 13.41% growth over the last five years. Want to know how? The fund's manager, Turner Investment Partners' Frank Sustersic, joined "Morning Call" to discuss his investment doctrine.
While the Turner Emerging Growth Fund is closed to new investors, the ideology behind its success may stir the imagination. Sustersic told CNBC's Liz Claman that for the last five to seven years, he has been on the defense -- and the offense.