Alpha Analytics Digital Future Fund Continues Strong Performance in Third Quarter.Business Editors LOS ANGELES--(BUSINESS WIRE)--Oct. 6, 2000 Alpha Analytics Digital Future Fund was ranked third in year-to-date performance of all technology funds tracked by Morningstar through third quarter, 2000, says Robert E. Gipson, president of Alpha Analytics, a Los Angeles-based mutual fund company. Year-to-date returns for the Alpha Analytics Digital Future Funds through September 30 were 36.57%. Over this same period the average return for technology mutual funds as reported by Morningstar was 2.87%, while the NASDAQ Composite lost 9.74%. The Alpha Analytics Digital Future Fund currently contains 39 securities. Top-10 holdings of the fund are: Newport (NEWP NEWP - NEW Programming language ), SDL, Inc. (SDLI), Broadcom (BRCM BRCM Broadcom Corporation (stock abbreviation, AMEX) BRCM Master Chief Boilermaker (USN rating) ), Vitesse Semiconductor (VTSS VTSS Vehicle Theft Security System VTSS Vancouver Technical Secondary School ), Rambus (RMBS RMBS Residential Mortgage-Backed Securities RMBS Rambus, Inc. (NASDAQ stock symbol) RMBS Russian Mortgage-Backed Securities ), Commerce One (CMRC CMRC Canadian Motosport Racing Club CMRC Commerce One Inc. (stock symbol) CMRC Caribbean Marine Research Center CMRC Crime Mapping Research Center CMRC Credit Management Research Centre (UK) ), JDS Uniphase (JDSU JDSU JDS Uniphase (stock symbol) JDSU Jharkhand Disom Students Union ), Applied Micro Circuits Corp. (AMCC), Emulex (EMLX), and Avanex (AVNX). The fund has performed well despite this years roller coaster conditions in the tech sector. Our philosophy of identifying the companies, which we believe will capture the most promising trends in information technology, has shown itself to perform very well in difficult market conditions, says Michael Cohen, co-fund manager and financial analyst for the Digital Future Fund. Our long-term approach has also provided us with excellent tax efficiency as compared to our closest competitors. The Digital Future Fund was formed on December 22, 1999. It currently has $4 million in assets. The minimum initial investment for this no-load fund is $2,500 (IRA Ira, in the Bible Ira (ī`rə), in the Bible. 1 Chief officer of David. 2, 3 Two of David's guard. IRA, abbreviation IRA. minimum: $2,000) with subsequent minimum investments of $250. For participants in Automatic Investment Plans, the initial investment is $1,000 with subsequent monthly investments of $100. The Fund's annual operating expenses are 1.3% of average daily net assets (after a fee waiver by the Fund Advisor of 0.20%). Alpha Analytics Investment Group, LLC is headquartered in Los Angeles, California with regional offices in Silver Spring, Maryland Not to be confused with Silver Springs. Silver Spring is an urbanized, unincorporated area in Montgomery County, Maryland, USA. After Baltimore and Columbia, Silver Spring is the third most populous Census Designated Place in Maryland. and Pleasanton, California. For more information on the Alpha Analytics family of mutual funds including charges and expenses, or to receive a prospectus, contact Alpha Analytics toll free at 1-877-ALPHA40 (1-877-257-4240) or visit Alpha Analytics' website: www.AlphaAnalytics.com. The Alpha Analytics Digital Future Fund is available through Schwabs Mutual Fund OneSource[registered] Service under the Schwab ticker symbol: ADF (1) (Application Development Facility) An IBM programmer-oriented mainframe application generator that runs under IMS. (2) (Automatic Document Feeder) A paper stacker that feeds one sheet of paper at a time into the unit. 1Z (ADF-one-Z). Schwab can be reached online at www.schwab.com or by calling 1-800-4-NO-LOAD. The Alpha Fund Family is distributed by AmeriMutual Fund Distributors, Inc., 150 Motor Parkway, Hauppage, New York, 11788-5108. Investors should read the prospectus carefully before investing. The equity markets reaction to investment dimensions and factors and their impact on equity returns can and do change over time. Past performance cannot guarantee future results. The principal value and return of an investment will fluctuate, so shares when redeemed may be worth more or less than their original cost. |
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