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Rating:Fund Shorts Not Rated 3.0 Email Routing List Email & Route  Print Print
Thursday, November 11, 1999

Fund Shorts

Reported by Jason Shank

WWW Advisors, Inc. investment advisors to the WWW Internet Fund (WWIFX) announced Wednesday that the fund is now available through Fidelity's FundsNetwork NTF program. For the 12 months ended October 29 the WWW Internet Fund was up a sizzling 192%.

Related Links
WWW Internet Fund
U.S. Global Investors
Amerindo Investment Advisors
Rydex Funds
Calvert Funds
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U.S. Global Investors Inc., investment adviser to the U.S. Global Investors family of 14 no-load mutual funds, reported today that the company will sponsor an Individual Retirement Account Sweepstakes in which the winner receives $2,000 toward an IRA, with details on its website.

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Amerindo Investment Advisors Inc.'s Technology Fund (ATCHX) recently celebrated its three-year anniversary, and continued the party with its first Morningstar rating, a Five-Star risk-adjusted rating in Morningstar's monthly calculations, which only assigns stars to funds after three years. The Amerindo Technology Fund was launched October 28, 1996.

The fund is up 49.34% in annualized total return since inception and a red-hot 290% for the trailing 12 months ended October 31, 1999.

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Rydex Mutual Funds is partnering with American Express to offer all 22 no-load Rydex funds to individual and institutional investors enrolled in the American Express Strategic Portfolio Service program.

"This new partnership represents our continuing efforts to expand our presence in the broker/dealer community," said Todd Schoenberger, Broker/Dealer Communications Manager, Rydex Funds.
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Calvert Group, the largest family of socially screened mutual funds announced, today, a new indigenous peoples rights policy, adopted by five Calvert funds as of October 1999: Calvert Social Investment Equity, Managed Index, Balanced, Bond, and Money Market.

Calvert stresses the section of the new policy concerning negative images. It explicitly supports the rights of Native Americans to control their traditional cultural and religious symbols. When Calvert invests in companies that utilize Native American images and symbols, it will actively engage with management to support positive portrayals of Native Americans and challenge negative stereotypes. 

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