Where the Money Is
Looking for cash? This fund is a good bet.
For those with a nose for finding greenbacks, the best places tolook are financial services companies like banks, brokerage firmsand insurance companies. The Burnham Financial Services fund(BURKX) holds performance honors from Lipper since its inception in1999: In 2000, the fund ended the year up over 52 percent; atyear-end 2001, it was up over 29 percent; and in 2002, it was aheadover 17.5 percent. Not too shabby for an equity fund'sperformance during a bear market.
With a background in banking and hedge fund management,portfolio manager Anton Schutz likes to buy value and sell whenthere's a potential profit. "If I can capture a profit,I'm going to go capture it," he says. "And thenI'm going to try to make another one."
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