Additionally, the funds are sector neutral, so what you see is that the biggest determinant of the returns in the fund is going to be the theme that we are trying to emphasize, whether it be small securities, cheap securities, or high-quality securities.

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Iron-eating microbes are steadily breaking down the actual sunken ship, but the pieces already culled from the wreck's 13-mile debris field are "spectacular, " said John Joslyn, the owner of a pair of Titanic theme museums in Missouri and Tennessee who helped to fund the first salvaging expedition in 1987.

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The year after the fund scandals broke, it devoted its annual meeting to the theme of restoring investor confidence.

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