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Internet Funds

By WHITNEY DODDS WOODRUFF - STAFF

March 29, 1999, 12:03 p.m. ET

Despite last week's tumult in the stock market, Internet mutual funds continue to generate excellent returns. Lately, Internet fund managers have been looking to companies more involved with designing and setting up Web sites, rather than popular online retailers such as Amazon.com. Analysts say that unlike most Web retailers, stock prices of these "Web builders" appear more reasonable and profitable.

TOTAL RETURN FUND NAME YTD 1-YR. INTERNET FUND 77.1 324.5 888-369-3999

MONUMENT INTERNET FUND 75.2 N/A 888-420-9950

MUNDER NETNET A 41.5 126.6 800-438-5789

WWW INTERNET 27.7 N/A 888-263-2204

Source: Lipper Data through 3/23 market close N/A -Not available.