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Strategies & Market Trends : The Internet Fund: WWWFX - Fund for the 21st Century? -- Ignore unavailable to you. Want to Upgrade?


To: coaster who wrote (138)4/19/1999 3:27:00 PM
From: Big Kahuna  Read Replies (1) | Respond to of 213
 
I spoke with one of the guys today at WWW. They said the turnover for stocks within this fund during a one year period (I forget, but I think it was last year) was something like 80%. It's nutty, but I guess in the fast moving net stocks, they are always looking out for a new winner. I am not in here yet, but I want to check out their prospectus compared to Munder's NetNet. Still..it's tough to argue against a 120% return. Can't say I'm sad to see that the NAV will go down for me again before I buy in (if I do)

Happy Investing