Which way is up? B.E. provides the answer by offering a slate of funds that will boost the performance of your portfolio. (Mutual Fund Overview).ALEX A. BROWN, A STUNTMAN stunt·man n. A man who substitutes for a performer in scenes requiring physical daring or involving physical risk. stuntman n → especialista m stuntman WHO HAS PERFORMED IN FILMS FROM GLORY to Rush Hour, knows how to take a fall. But he's not keen on watching the returns on his investments take a plunge The term Plunge has multiple meanings:
Brown's method is simple but effective. He has bought less stock funds and added more bond funds to his portfolio--a good call in last year's portfolio-punishing environment. By following this strategy, he and his wife, Karen, 55, have built up a portfolio worth between $250,000 to $300,000. In 2001, things went from bad to worse for stock fund investors. Recession and war were two major factors that introduced more turbulence turbulence, state of violent or agitated behavior in a fluid. Turbulent behavior is characteristic of systems of large numbers of particles, and its unpredictability and randomness has long thwarted attempts to fully understand it, even with such powerful tools as into an already volatile market. Just take a look at the past two years. According to according to prep. 1. As stated or indicated by; on the authority of: according to historians. 2. In keeping with: according to instructions. 3. Morningstar Inc., the Chicago-based mutual fund research firm, the average domestic stock fund hardly moved in 2000, earning 0.39%. But there were plenty of places to make money. Healthcare funds gained more than 50% that year, while natural resources, financial, and real estate funds all topped the 25% mark. Among diversified funds Diversified Fund A type of investment fund that contains a wide array of securities and is adequately diversified. A mutual fund classified as a "diversified fund" will actively maintain a high level of diversification in its holdings, thus reducing the amount of risk in the fund, , all types of value funds did well, with small- and mid-cap Mid-cap Short for "Middle Cap," mid cap refers to stocks with a market capitalization of between $2 billion to $10 billion. Notes: As the name implies, a mid-cap is in the middle of the pack. A mid-cap isn't too big, but at the same time has a relatively decent market cap. value funds each gaining a healthy 18%. That was 2000. In 2001, the market was more battered bat·ter 1 v. bat·tered, bat·ter·ing, bat·ters v.tr. 1. To hit heavily and repeatedly with violent blows. 2. To subject to repeated beatings or physical abuse. 3. and bruised bruise v. bruised, bruis·ing, bruis·es v.tr. 1. a. To injure the underlying soft tissue or bone of (part of the body) without breaking the skin, as by a blow. b. than a stuntman's torso torso /tor·so/ (tor´so) trunk (1). tor·so n. pl. tor·sos or tor·si The human body excluding the head and limbs; trunk. . The average domestic fund was down nearly 11%. The following were the biggest losers: Growth funds. All types of growth funds fell in 2001, especially those that held large-cap Large-cap A stock with a high level of capitalization, usually at least $5 billion market value. large-cap 1. Of or relating to the common stock of a big corporation that has considerable retained earnings and a large amount of companies. The category dipped 24%. Technology funds. After losing 32% of their value in 2000, tech funds were down another 38% last year. Specialty funds specialty fund See sector fund. . Vehicles with a heavy concentration in communications, healthcare, natural resources, and utilities stocks suffered double-digit losses. International stock funds. Funds that invest in non-U.S. companies fell by a staggering 17%. For the second straight year, Japanese and European funds faltered, plummeting 30% and 21%, respectively. A FEW BRIGHT SPOTS Believe it or not, investing in 2001 was not all gloom and doom gloom and doom n. A deeply pessimistic outlook or feeling. gloom  -and-doom .
Where did investors make money--or at least avoid huge losses--last
year?Value funds. "The same investors who were convinced they had to own growth stocks in the late 1990s bought value stocks Value stocks Stocks with low price/book ratios or price/earnings ratios. Historically, value stocks have enjoyed higher average returns than growth stocks (stocks with high price/book or P/E ratios) in a variety of countries. in 2001, just as they did in 2000, driving up prices," maintains Scott Cooley, a senior fund analyst at Morningstar. In 2001, small-cap value funds gained more than 17%, mid-cap value funds gained more than 6%, and large-cap value funds (down 5.5%) lost only half as much as the average domestic stock fund. Precious metals Precious Metals Valuable metals such as gold, iridium, palladium, platinum, and silver. Notes: Investing in precious metals can be done either by purchasing the physical asset, or by purchasing futures contracts for the particular metal. funds. Although these funds were leaders last year, gaining almost 19%, the category provides little for long-term investors Long-term investor A person who makes investments for a period of at least five years in order to finance his or her long-term goals. to cheer about--having posted negative five- and 10-year returns through the end of 2001. Real estate funds, which produced a 9% return, were runners-up for specialty fund performance leadership. Bond funds. The flight to safety, however, paid off for a number of investors. Each of the 20 categories of bond funds tracked by Morningstar had positive returns last year--even junk bond junk bond, a bond that involves greater than usual risk as an investment and pays a relatively high rate of interest, typically issued by a company lacking an established earnings history or having a questionable credit history. funds gained a tad more than 1%. Corporate bond funds generally beat government bond funds by a slight margin in 2001, with the former returning more than 7%. (See "Take Safety in Bonds," this issue.) Which investors fared--and will continue to fare--best in this environment? Quality hounds. As the U.S. economy struggles to recover from a recession and the stock market labors to rebound rebound (rē´bownd), n/v 1. a recovery from illness. n 2. an outbreak of fresh reflex activity after withdrawal of a stimulus rebound adjective , fund investors need to invest in class acts among many different classes of funds. To help you find these top performers, BE once again provides you with our semiannual Semiannual An event that occurs twice in a calendar year. Notes: A bond with semiannual coupons would issue payment once every six months. See also: Annual, Bond, Coupon Bond ranking of the top 70 mutual funds. Morningstar Inc. has tracked the 12-month performance of the funds in 14 categories. In evaluating equity vehicles, Morningstar determines domestic stock funds by the size of the companies they own. Funds that tend to hold the largest 5% of U.S. companies--companies with a market value, or capitalization capitalization n. 1) the act of counting anticipated earnings and expenses as capital assets (property, equipment, fixtures) for accounting purposes. 2) the amount of anticipated net earnings which hypothetically can be used for conversion into capital assets. , of more than $8.54 billion--are considered large-cap funds. Funds that purchase the smallest 20% of U.S. companies--companies valued at $1.31 billion or less--are small-cap funds. Mid-cap funds fall between the two. Diversified diversified (di·verˑ·s U.S. equity funds are also classified according to the prices of the stocks they own. Value funds own companies with low share prices relative to their earnings and asset values. Recently, value funds held shares of such blue chips as Citigroup (NYSE NYSE See: New York Stock Exchange : C) and Exxon Mobil (NYSE: XOM XOM Exxon Mobil Corporation (stock symbol) XOM X/Open Object Management XOM OSI-Abstract-Data Manipulation API XOM Xml Object Model XOM X/Open Osi Abstract Data Manipulation ). On the other hand, growth funds own stocks with relatively high prices compared to their earnings and asset values. Growth funds have recently bought Pfizer (NYSE: PFE 1. (text, editor) PFE - Programmer's File Editor. 2. (language) PFE - Portable Forth Environment. ), Microsoft (Nasdaq:MSFT MSFT Microsoft (stock symbol) MSFT Movimento Sociale Fiamma Tricolore (Italy) MSFT Multi-Stage Fitness Test MSFT Master of Science in Family Therapy MSFT Macalester Students for Fair Trade ) and Cisco Systems “Cisco” redirects here. For other uses, see Cisco (disambiguation). Cisco System,Inc. (NASDAQ: CSCO, HKSE: 4333 ) is an American multinational corporation with 54,000 employees and annual revenue of US $28.48 billion as of 2006. (Nasdaq: CSCO CSCO Cisco Systems Incorporated (stock symbol) CSCO Chief Supply Chain Officer ), which are expected to post above average earnings growth in future years. Blend funds Blend Fund A mutual fund composed of various asset classes (such as stocks, bonds and money market securities), allowing investors to diversify their holdings by owning just a single fund. Also called "hybrid funds". , however, favor neither value stocks nor growth stocks. Now that 2001 is fodder fodder feed for herbivorous animals, usually used to describe dried leafy material such as hay. See also forage. fodder beet a root crop grown solely as a source of feed for cattle, possibly sheep. for the history books, what funds can you expect to pay off in 2002? The following are fund categories you should add to your portfolio. VALUE FUNDS TRY FOR A THREE-PEAT After two years of setting the pace in equities, value funds are still favored by many investors and advisors. In fact, they will continue to be embraced as long as the economy remains sluggish, and the war on terrorism Terrorist acts and the threat of Terrorism have occupied the various law enforcement agencies in the U.S. government for many years. The Anti-Terrorism and Effective Death Penalty Act of 1996, as amended by the usa patriot act dampens investors' spirits. Says Jeffrey B. Hammond, a financial planner Financial Planner A qualified investment professional who assists individuals and corporations meet their long-term financial objectives by analyzing the client's status and setting a program to achieve these goals. in Chicago, "I think value funds will continue to out-perform growth funds. People remember the [tech] bubble A bit in bubble memory or a symbol in a bubble chart. bursting so they are still not confident about investing in the big growth stocks." Among his favorites Another term for bookmarks, which was popularized by Microsoft's Internet Explorer browser. See favicon and Internet Explorer. : Kenwood Growth & Income (KNWDX), a mid-cap value fund that can be found on the RE Black Mutual Fund Index (See Moneywise, this issue.) Like her husband, Alex, Karen Brown is pleased to manage a moderate portfolio rich with value funds. "We're both semiretired sem·i·re·tired adj. Working only on a part-time basis, as for reasons of ill health or advanced age. sem ," she says, "so we didn't want to take on a great deal of risk in our investments. A few years ago, growth stocks had become so expensive that it seemed like a good time to cut back." Most of all, she's learned not to track her holdings every day. "If you keep up with the news, you tend to get worried, especially the way things have been the past two years. Now, I take a longer-term view, counting on a balanced portfolio." According to their advisor, Los Angeles Los Angeles (lôs ăn`jələs, lŏs, ăn`jəlēz'), city (1990 pop. 3,485,398), seat of Los Angeles co., S Calif.; inc. 1850. financial planner Marv Kaye, J.D., CFP 1. CFP - Constraint Functional Programming. 2. CFP - Communicating Functional Processes. 3. CFP - Call For Papers (for a conference). , the Browns' target asset allocation Asset Allocation The process of dividing a portfolio among major asset categories such as bonds, stocks or cash. The purpose of asset allocation is to reduce risk by diversifying the portfolio. is 70% in stocks and 30% in bonds. "Growth stocks had gone up so much [in the late '90s] that the ratio [of stocks to bonds] went to 80/20," he says. "That seemed to be too risky, especially considering the prices at which some stocks were selling. So we moved out of some growth and technology funds, even ones that we liked." On the equity side, aggressive stock funds were replaced by additional investments in [one of] the PIMCO PIMCO Pacific Investment Management Company Renaissance Funds which invest in mid-cap value stocks, and Alliance Growth & Income (CABDX), which provides exposure to the large-cap value category. "In stocks, I'm still two-thirds in value," says Kaye, "because those stocks seem reasonably priced compared to growth stocks." Value investor Joseph Delaney, a schoolteacher in Como, Mississippi Como is a town in Panola County, Mississippi, United States which borders the Mississippi Delta. The population was 1,310 as of the 2000 census. Geography Como is located at (34.513343, -89. , has made American Funds  Please see the discussion on the talk page. Delaney's advisor, Memphis, Tennessee For the ancient Egyptian capital, see . Memphis is a city in the southwest corner of Tennessee, and the county seat of Shelby County. Memphis rises above the Mississippi River on the 4th Chickasaw Bluff just below the mouth of the Wolf River. , financial planner Lee A. Jackson, notes that Investment Company of America, classified as a large-cap value fund by Morningstar, has a stellar long-term record. "It has been around since 1934 with only a few negative years, so I thought that this would be a good fund for someone like Joseph, who's just getting his feet wet as an investor," Jackson says. The fund's 4.6% loss last year was its first drop in more than a decade (it has turned in an impressive 13% annual return over the past 10 years). According to Jackson, Delaney serves as a model for first-time investors. "He's someone who hadn't done anything for retirement but has started saving systematically," Jackson says. "Joseph has the discipline, and he's on his way to accumulating something that will be significant." GROWTH MAY GET GOING AGAIN Even though value funds have been up while growth funds have been beaten down, investors shouldn't abandon that area altogether. After two dismal dis·mal adj. 1. Causing gloom or depression; dreary: dismal weather; took a dismal view of the economy. 2. years, Kaye says the time may be ripe to buy such growth fund leaders as RS Emerging Growth (RSEGX). The mid-capper turned in a 182% return in 1999, and still--after two weak years--boasts one of the best five-year records of all mutual funds. Value-prone Hammond also believes the time may be near to go for growth. "Investments that have lagged for a couple of years may be attractive," he says, "so mid- and small-cap growth funds might rebound. If the economy improves and interest rates start to turn up this year, bond funds will be hurt, so investors are likely to move money into growth stocks." How should you react to your portfolio being clawed claw n. 1. A sharp, curved, horny structure at the end of a toe of a mammal, reptile, or bird. 2. a. A chela or similar pincerlike structure on the end of a limb of a crustacean or other arthropod. b. by the bear market of 2000-2001? Of course, monitor your holdings. Before making radical asset shifts, keep in mind the resilience resilience (r  ·zilˑ·yens),n of the stock market. For instance, the S&P 500 was up an impressive 16.8% in the four months after its September 21 low (the index plummeted, due in large part to terrorist attacks on the World Trade Center and the Pentagon Pentagon Huge five-sided building (1941–43) in Arlington, Va., that is the headquarters of the U.S. Department of Defense. Designed by George Edwin Bergstrom, it was, on its completion, the world's largest office building, covering 34 acres (14 hectares) and offering ). Historically, the S&P 500 has had an average gain of 18.6% during rebounds after nine preceding postwar post·war adj. Belonging to the period after a war: postwar resettlement; a postwar house. postwar Adjective occurring or existing after a war Adj. 1. bear markets. FINDING BALANCE WITH BONDS Long-term investors should heed this bit of advice: Stay diversified across-the-board. In addition to growth and value stock funds, purchase bond funds as well. In some cases, Hammond has repositioned his clients' assets, putting more of their money into bond funds last year. But he may not be as aggressive going forward. "Since interest rates are more likely to go up from here than to go down further," he asserts, "I'm reluctant to advise a greater allocation The apportionment or designation of an item for a specific purpose or to a particular place. In the law of trusts, the allocation of cash dividends earned by a stock that makes up the principal of a trust for a beneficiary usually means that the dividends will be treated as to bond funds." The Browns, however, like safe instruments and increased their fixed-income allocation last year, moving dollars into bond offerings such as Alliance California Municipal Income Fund (NYSE: AKP AKP Adalet Ve Kalkinma Partisi (Turkish: Party for Justice and Progress) AKP Arbeidernes Kommunist Parti (Norwegian Political Party) AKP Agjencia Kombetare e Privatizimit ), a closed end fund which provides income free of state or federal tax. The couple will continue to embrace diversification Diversification A risk management technique that mixes a wide variety of investments within a portfolio. It is designed to minimize the impact of any one security on overall portfolio performance. Notes: Diversification is possibly the greatest way to reduce the risk. and quality. In order to maximize their holdings and retire comfortably, with a $1 million portfolio, the Browns will stay away from "stunt" investing. And you should too.
B.E.'S TOP MUTUAL FUND PERFORMANCES
AVG. ANNUALIZED
TOTAL RETURN
1-YEAR
TOTAL
FUND NAME TICKER RETURN * 3-YEAR 5-YEAR
Large Growth
Rydex Arktos Inv. RYAIX 15.13% -13.39 NA
Potomac OTC/Short POTSX 6.77 -18.07 NA
Rydex Retailing Inv. RYRIX 3.23 -3.99 NA
Bear Stearns Focus BSFAX 2.93 3.87 NA
List A
Fidelity Export & FEXPX 0.72 13.17 17.02
Multinational
Mid-cap Growth
Heritage Mid-Cap HMCAX 19.15 21.74 NA
Stock A
Needham Growth NEEGX 12.07 29.33 24.56
Fidelity Select Bus FBSOX 9.59 11.84 NA
Serv & Outsrcg
Liberty Acorn ACTWX 8.00 15.97 NA
Twenty Z
Strong Discovery STDIX 2.75 3.99 5.94
Small Growth
Buffalo Small-Cap BUFSX 31.18 33.21 NA
([dagger]) William WBSNX 25.99 NA NA
Blair Small-Cap
Growth N
Dreyfus Premier DPMGX 25.44 NA NA
Micro-Cap Growth A
Oberweis Micro-Cap OBMCX 23.86 10.8 9.47
Exeter Small-Cap A MNSMX 22.05 13.64 7.31
Large Blend
ProFunds UltraBear URPIX 22.65 1.34 NA
Inv.
Thompson Plumb THPGX 19.13 16.81 20.09
Growth
Rydex Ursa Inv. RYURX 16.33 6.17 -5.19
ProFunds Bear Inv. BRPIX 14.29 5.27 NA
Auxier Focus AUXFX 12.67 NA NA
Mid-cap Blend
Yacktman YACKX 19.46 4.05 6.04
StockCar Stocks SCARX 16.31 5.74 NA
Index
Ariel Appreciation CAAPX 16.23 9.94 16.99
Oppenheimer Main St OMSOX 16.14 NA NA
Opportunity A
Mosaic Mid-Cap GTSGX 15.31 14.36 13.34
Small Blend
Schroder Ultra Inv. SMCFX 73.46 103.08 NA
CGM Focus CGMFX 47.65 35.08 NA
Satuit Capital NA 38.16 NA NA
Micro-Cap
FBR Small-Cap Value FBRVX 32.63 13.11 15.04
A
CRM Small-Cap Value CRMSX 26.34 18.29 12.08
Inv.
Large Value
Citizens Value MYPVX 13.41 13.26 14.98
FBP Contrarian FBPEX 11.38 4.26 10.85
Equity
Dean Large-Cap DALCX 10.78 5.34 NA
Value A
Summit Apex Everest SAEVX 10.45 NA NA
Clipper CFIMX 10.26 14.07 18.21
Mid-cap Value
Ameristock Focused AMFVX 60.42 NA NA
Value
Columbia Strategic CSVFX 29.76 NA NA
Value
Icon Leisure & ICLEX 25.03 10.94 NA
Consumer Staples
Fidelity Select FSAVX 22.82 -0.48 3.84
Automotive
Marshall Mid-Cap MRVEX 22.10 14.98 14.55
Value Inv.
Small Value
Corbin Small-Cap CORBX 53.66 14.38 NA
Value
Aegis Value AVALX 42.66 21.46 NA
Franklin Micro-Cap FRMCX 41.28 14.98 12.60
Value A
FPA Capital FPPTX 38.13 15.21 12.38
Heartland Value Plus HRVIX 34.76 7.69 7.79
Foreign Stock
Oakmark Internatio- OAKEX 12.98 16.55 6.73
nal Small-Cap I
Longleaf Partners LLINX 10.47 20.05 NA
International
First Eagle SoGen SGOVX 5.35 14.03 9.39
Overseas A
Quant Foreign Value QFVOX -3.41 0.57 NA
Ord
Tweedy, Browne TBGVX -4.67 10.31 12.87
Global Value
World Stock
Oakmark Global I OAKGX 20.05 NA NA
RS Partners RSPFX 16.72 16.75 6.46
Polaris Global Value PGVFX 2.21 3.90 NA
Van Kampen Global VGFAX 1.04 15.54 NA
Franchise A
Templeton Growth A TEPLX 0.54 10.09 8.62
Domestic
Hybrid Funds
Bruce XO960 22.48 10.85 10.76
Grizzly Short Fund GRZZX 22.11 NA NA
Comstock Capital DRCVX 21.41 -1.31 -11.44
Value A
Valley Forge VAFGX 18.57 6.11 5.61
Oakmark Equity & OAKBX 18.01 15.14 16.77
Income I
US Gov't Funds
([dagger]) American BTFIX 13.57 6.29 8.64
Century Target Mat
2005 Inv.
Pauze U.S. Govt Ltd PGTRX 12.27 4.71 6.05
Duration NoLoad
PaineWebber Pace PCGTX 9.69 7.09 7.34
Govt Secs Fix-Inc
P
Eaton Vance EVGOX 9.06 6.17 6.26
Government
Obligations A
Strong Government STVSX 8.92 6.25 7.18
Securities Inv.
Muni National Funds
Nuveen High Yield NHMAX 11.29 NA NA
Municipal Bond A
AIM High Income AHMAX 6.80 0.79 NA
Municipal Bond A
American Century ABHYX 6.50 3.79 NA
High-Yield Muni
Inv.
Northern High Yield NHYMX 6.33 2.00 NA
Muni
American Funds AMHIX 6.22 3.66 5.22
High-Inc Muni
Bond A
MIN.
INT. ASSETS *
FUND NAME TICKER INVEST. (in millions) PHONE
Large Growth
Rydex Arktos Inv. RYAIX $25,000 $91,597,511 800-820-0888
Potomac OTC/Short POTSX 10,000 5,588,566 800-851-0511
Rydex Retailing Inv. RYRIX 25,000 24,899,117 800-820-0888
Bear Stearns Focus BSFAX 1,000 19,353,659 800-766-4111
List A
Fidelity Export & FEXPX 2,500 672,889,376 800-544-8888
Multinational
Mid-cap Growth
Heritage Mid-Cap HMCAX 1,000 83,936,454 800-421-4184
Stock A
Needham Growth NEEGX 5,000 345,008,813 800-625-7071
Fidelity Select Bus FBSOX 2,500 57,734,959 800-544-8888
Serv & Outsrcg
Liberty Acorn ACTWX 1,000 69,369,717 800-322-2847
Twenty Z
Strong Discovery STDIX 2,500 158,266,367 800-368-1030
Small Growth
Buffalo Small-Cap BUFSX 2,500 536,477,702 800-492-8332
([dagger]) William WBSNX 5000 12,278,700 800-742-7272
Blair Small-Cap
Growth N
Dreyfus Premier DPMGX 1,000 16,348,000 800-782-6620
Micro-Cap Growth A
Oberweis Micro-Cap OBMCX 1,000 28,317,533 800-323-6166
Exeter Small-Cap A MNSMX 2,000 103,472,085 800-466-3863
Large Blend
ProFunds UltraBear URPIX 15,000 51,711,817 888-776-3637
Inv.
Thompson Plumb THPGX 1,000 327,817,909 800-999-0887
Growth
Rydex Ursa Inv. RYURX 25,000 228,728,884 800-820-0888
ProFunds Bear Inv. BRPIX 15,000 9,319,577 888-776-3637
Auxier Focus AUXFX 2,000 10,929,173 800-862-7283
Mid-cap Blend
Yacktman YACKX 2,500 112,580,670 800-525-8258
StockCar Stocks SCARX 250 4,419,618 800-494-2755
Index
Ariel Appreciation CAAPX 1,000 771,294,354 800-292-7435
Oppenheimer Main St OMSOX 1,000 233,049,862 800-525-7048
Opportunity A
Mosaic Mid-Cap GTSGX 1,000 13,038,516 800-368-3195
Small Blend
Schroder Ultra Inv. SMCFX 10,000 176,214,164 800-464-3108
CGM Focus CGMFX 2,500 246,332,530 800-345-4048
Satuit Capital NA 1,000 910,157 800-567-4030
Micro-Cap
FBR Small-Cap Value FBRVX 2,000 27,063,195 888-888-0025
A
CRM Small-Cap Value CRMSX 10,000 84,341,166 800-276-2883
Inv.
Large Value
Citizens Value MYPVX 2,500 20,780,818 800-223-7010
FBP Contrarian FBPEX 25,000 61,088,029 866-738-1127
Equity
Dean Large-Cap DALCX 1,000 15,948,907 800-268-4007
Value A
Summit Apex Everest SAEVX 5,000 63,727,188 888-259-7565
Clipper CFIMX 5,000 2,467,988,901 800-776-5033
Mid-cap Value
Ameristock Focused AMFVX $1,000 $3,753,522 800-394-5064
Value
Columbia Strategic CSVFX 1,000 101,433,884 800-547-1707
Value
Icon Leisure & ICLEX 1,000 62,815,886 800-764-0442
Consumer Staples
Fidelity Select FSAVX 2,500 23,468,976 800-544-8888
Automotive
Marshall Mid-Cap MRVEX 1,000 189,509,596 800-236-8560
Value Inv.
Small Value
Corbin Small-Cap CORBX 2,000 2,042,927 800-924-6848
Value
Aegis Value AVALX 10,000 69,606,512 800-528-3780
Franklin Micro-Cap FRMCX 1,000 272,282,779 800-342-5236
Value A
FPA Capital FPPTX 1,500 551,581,599 800-982-4372
Heartland Value Plus HRVIX 1,000 60,056,877 800-432-7856
Foreign Stock
Oakmark Internatio- OAKEX 1,000 189,775,412 800-625-6275
nal Small-Cap I
Longleaf Partners LLINX 10,000 834,445,256 800-445-9469
International
First Eagle SoGen SGOVX 1,000 450,270,103 800-334-2143
Overseas A
Quant Foreign Value QFVOX 2,500 27,486,422 800-326-2151
Ord
Tweedy, Browne TBGVX 2,500 3,834,492,384 800-432-4789
Global Value
World Stock
Oakmark Global I OAKGX 1,000 75,955,760 800-625-6275
RS Partners RSPFX 5,000 71,576,196 800-766-3863
Polaris Global Value PGVFX 2,500 16,701,951 888-263-5594
Van Kampen Global VGFAX 1,000 20,637,652 800-421-5666
Franchise A
Templeton Growth A TEPLX 1,000 12,108,104,983 800-342-5236
Domestic
Hybrid Funds
Bruce XO960 1,000 3,793,128 800-872-7823
Grizzly Short Fund GRZZX 10,000 15,324,301 800-273-6886
Comstock Capital DRCVX 2,500 47,381,000 800-422-3554
Value A
Valley Forge VAFGX 1,000 6,766,000 800-548-1942
Oakmark Equity & OAKBX 1,000 761,954,544 800-625-6275
Income I
US Gov't Funds
([dagger]) American BTFIX 2,500 339,588,280 800-345-2021
Century Target Mat
2005 Inv.
Pauze U.S. Govt Ltd PGTRX 25,000 2,090,437 800-327-7170
Duration NoLoad
PaineWebber Pace PCGTX 10,000 200,055,355 800-647-1568
Govt Secs Fix-Inc
P
Eaton Vance EVGOX 1,000 290,885,782 800-225-6265
Government
Obligations A
Strong Government STVSX 2,500 1,630,156,701 800-368-1030
Securities Inv.
Muni National Funds
Nuveen High Yield NHMAX 3,000 27,106,443 800-257-8787
Municipal Bond A
AIM High Income AHMAX 500 69,855,180 800-959-4246
Municipal Bond A
American Century ABHYX 5,000 28,663,910 800-345-2021
High-Yield Muni
Inv.
Northern High Yield NHYMX 2,500 34,467,870 800-595-9111
Muni
American Funds AMHIX 250 685,743,780 800-421-4120
High-Inc Muni
Bond A
* AS OF DECEMBER 31, 2001, SOURCE: MORNINGSTAR INC.
([dagger]) INDICATES ONE OF A SERIES OF FUNDS; FUNDS WITHIN THIS
FAMILY VARY IN COMMISSION STRUCTURE.
|
|
||||||||||||||||||||
Printer friendly
Cite/link
Email
Feedback
Reader Opinion