Munder Growth Opportunities A MNNAX
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Q3: Managed Futures and a Global Macro Strategy
… only invest in those states that voted Democratic in the 2004 presidential election. It will not invest in Halliburton HAL. It will not advertise on Fox News. And finally... 7. Munder NetNetNetNet Twice as good as Munder NetNet MNNAX .
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Top 10 Nonsense Funds of the '90s
… devalued their currencies, and the fund sank shortly thereafter, along with Alliance's fortunes. Reason #6: Munder Internet MNNAX That's right, Dan, the Nineties invented the Internet (fund). This fund and its compatriot Kinetics Internet KINAX debuted …
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What a Fund's Investor Returns Are Trying to Tell You
… didn't do nearly as well as the total returns might imply. To give one extreme example, the A shares of Munder Internet MNNAX had an annualized total return of 6.82% for the trailing 10 years through Nov. 30, better than the specialty-technology …
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What to Make of Fidelity Fund Closings
… of the aggressive-growth, tech-oriented variety. It's hard to believe now, but Munder NetNet (now Munder Internet MNNAX ) shut its doors in March 2000, with $11 billion in assets. Then it fell of a cliff. What's been hot lately are smaller …
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Another Black Eye for the Mutual Fund Industry
… shareholders. These fees can have a huge impact on a fund's expense ratio. In fiscal 2003, for example, Munder NetNet MNNAX paid transfer agent fees of $9.7 million. That was more than Munder was paid to manage the fund that year and amounted to …
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Four Funds That Scream "Dump Me!"
… favor. With that in mind, here are four examples of the kind of funds investors ought to consider dumping. Munder NetNet A MNNAX It's strange: As this fund's ranks of investment professionals thin, its expenses go up. In short, investors are paying …
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Are Fund Boards Finally Waking Up?
… Fund Boards American Heritage AHERX (expense ratio 12.36%) Frontier Equity FEFPX (expense ratio 8.38%) Munder NetNet MNNAX (expense ratio 3.04%) Grand Prix GPFFX (expense ratio 2.49%) U.S. Global Investors Global Resources PSPFX (expense …
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The High Price of a Fund's Popularity
… him with a growth manager in 2000 because Castegren wanted to keep the fund closed to new investments. There s Munder NetNet MNNAX , whose board allowed the fund s expense ratio to shoot past 2% even though the firm had cut staff and returns were awful …
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Fund Winners and Losers in the First Quarter
… superaggressive plays on Internet, biotech, or small-cap tech stocks. ProFunds Ultra Internet INPIX is up 22% and Munder Net Net MNNAX is up 10% for the year to date. Among funds with more than $1 billion in assets, TCW Galileo Select Equities TGCEX has posted …
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Five Stupid Fund Tricks
… s semiannual as well. Boards that allow funds to gouge their shareholders. Someone should ask the board of Munder NetNet MNNAX just what it thinks its job is. The directors allowed Munder to levy a 2.6% expense ratio on the A shares of NetNet …