Big funds get that sinking feeling

Most of the 10 largest mutual funds lost value in the fourth quarter of last year. Only two produced positive results during that time: Washington Mutual (6.5 percent) and Investment Co. of America (0.9 percent). The Janus Fund had the most glaring drop, falling 18 percent.

Performance for the 10 Largest Mutual Funds

Fund Name Net assets ($billions)* 2000

Fidelity Magellan Fund $92.6 -9.3%

800-544-8888

Vanguard 500 Index Inv 89.4 -9.1

800-662-7447

Investment Co. America A 54.4 3.8

800-421-4120

Washington Mutual Inv A 45.4 9.1

800-421-4120

Janus Fund 40.1 -14.9

800-525-8983

Fidelity Growth & Income 39.8 -2.0

800-544-8888

Fidelity Contrafund 39.2 -6.8

800-544-8888

Growth Fund of America A 36.1 7.5

800-421-4120

Janus Worldwide 34.0 -16.9

800-525-8983

Amer Cent AC Ultra Inv 33.7 -19.9

800-345-2021

(c) Copyright 2001. The Christian Science Publishing Society