Top-performing funds
The stellar performers in mutual funds last year occupied the narrowest of niches, notably technology and the Internet. Funds that merely did well, up 20-30 percent, failed to make top rank. The market virtually ignored actively managed funds, whose managers look for numerous companies with excellent business prospects.
Fourth quarter 1998 Total return Phone number
Matthews Korea A 102.0% 800-789-2742
Firsthand Tech Innovation 97.4 888-883-3863
Internet Fund 83.5 888-386-3999
ProFunds Ultra OTC Inv 72.7 888-776-3637
WWW Internet 71.4 888-263-2204
One year Total return Phone number
Internet Fund 196.1% 888-386-3999
ProFunds Ultra OTC Inv 185.3 888-776-3637
Grand Prix Fund 111.8 800-432-4741
Potomac OTC Plus 104.2 800-851-0511
Berkshire Cap Growth & Value 104.0 877-526-0707
Five year (annualized) Total return Phone number
Fidelity Select Electronics 37.2% 800-544-8888
Fidelity Select Computers 36.0 800-544-8888
Legg Mason Value Prim 32.0 800-577-8589
Alliance Technology A 30.5 800-221-5672
Fidelity Select Health Care 30.5 800-544-8888