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Strategies & Market Trends : A.I.M Users Group Bulletin Board

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To: Dave Johnson who wrote (7840)	6/30/1999 1:50:00 AM
From: RFH	Read Replies (2) of 18928

Well, Dave, here I am carping about mutuals and how I'm not really in favor of using them as an AIM investment vehicle. Lichello has examples of mutuals in his book, but one has to remember that commissions on stock purchases were much more prohibitive when the book was written. I am currently AIMing two mutuals; FAK and FSESX. The first one is Fidelity Korea Fund. This has returned over 50% for me since inception (November '97), and annualized just shy of 40%. elnet.com Also, FSESX is my energy services fund, which I didn't start out as an AIM account, but has been acting very well since I made the AIM plunge. If you check my spreadsheet on this one, notice that I made two initial investments before the fund started tanking, the second investment at a NAV of 33.65. The fund hasn't seen that price since, and is currently at 21.39! I started AIMing it in July of '98, and was able to actually show a profit by March of this year. elnet.com So, one is a country fund and the other is a sector fund. That seems to be in line with the consensus. I still favor individual stocks. Sincerely, RFH

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