Internet Funds
March 29, 1999
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.