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Mutual Funds, Fund News, Screening and Selection - Forbes.com

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if (OAS_version >= 11) document.write('<SCRIPT LANGUAGE=JavaScript1.1 SRC="' + OAS_url + 'adstream_mjx.ads/' + OAS_sitepage + '/1' + OAS_rns + '@' + OAS_listpos + OAS_query + '"><\/SCRIPT>'); //--> </script> <script language="JavaScript"> <!-- document.write(''); function OAS_AD(pos) { if (OAS_version >= 11) OAS_RICH(pos); else OAS_NORMAL(pos); } //--> </script> <script language="JavaScript"> firstHTML(); </script> <script language="JavaScript"> OAS_AD('BigBanner'); </script> <script language="JavaScript"> secondHTML(); </script> <script language="JavaScript"> OAS_AD(centBan); </script> <script language="JavaScript"> thirdHTML(); </script> <script language="JavaScript"> showHMenu(fdcchannel); </script> <table border="0" cellspacing="0" cellpadding="0" width="774"> <tr> <td width="10">&nbsp;&nbsp;&nbsp;</td> <td width="418" valign="top"> &nbsp;<br> <table cellspacing="0" cellpadding="0" border="0" width="418"> <tr valign="top"> <td width="150"> <img src="https://web.archive.org/web/20080211122325im_/http://images.forbes.com/media/sections/funds.jpg" alt="" border="0"> </td> <td width="10">&nbsp;&nbsp;</td> <td width="258"> <span class="mainsubindexstorytype">Stock Of The Week</span><br> <a href="/web/20080211122325/http://www.forbes.com/personalfinance/funds/2008/02/06/fairholme-berkowitz-berkshire-pf-ii-in_jd_0206gurusow_inl.html" class="chanfeatarttitle">Fairholme's Sharp Focus</a><br> <span class="mainfeatarttxt">Diversification is the way to go if you want market returns. You need a skilled stock picker if you want more.</span> </td> </tr> </table> <p> <table border="0" cellpadding="0" cellspacing="0" width="418"> <tr valign="top"> <td width="204"> <span class="mainsubindexstorytype">Investopedia</span> <br><a href="/web/20080211122325/http://www.forbes.com/personalfinance/funds/2008/01/29/sharpe-beta-risk-pf-education-in_cp_0130investopedia_inl.html" class="chanartlink">Smart--Or Just Lucky?</a> </td> <td width="10">&nbsp;&nbsp;</td> <td width="204"> <span class="mainsubindexstorytype">Borderless Investor</span> <br><a href="/web/20080211122325/http://www.forbes.com/personalfinance/funds/2008/01/27/turkcell-ishares-bric-pf-guru-in_jc_0128borderless_inl.html" class="chanartlink">Wide World Of Stocks</a> </td> </tr> <tr> <td><img src="https://web.archive.org/web/20080211122325im_/http://images.forbes.com/media/assets/spacer_white.gif" height="1" width="204"></td> <td class="smalltxt">&nbsp;</td> <td><img src="https://web.archive.org/web/20080211122325im_/http://images.forbes.com/media/assets/spacer_white.gif" height="1" width="204"></td> </tr> <tr valign="top"> <td width="204"> <span class="mainsubindexstorytype">Adviser Soapbox</span> <br><a href="/web/20080211122325/http://www.forbes.com/personalfinance/funds/2008/01/27/ibm-pepsico-chevron-pf-guru-in_rm_0128soapbox_inl.html" class="chanartlink">DRIPs For Disciplined Investing</a> </td> <td width="10">&nbsp;&nbsp;</td> <td width="204"> <span class="mainsubindexstorytype">Adviser Q&amp;A</span> <br><a href="/web/20080211122325/http://www.forbes.com/personalfinance/funds/2008/01/14/fidelity-contrafund-danoff-pf-ii_jl0111adviserqa_inl.html" class="chanartlink">Will Danoff Bags Big Game In Contrafund</a> </td> </tr> <tr> <td><img src="https://web.archive.org/web/20080211122325im_/http://images.forbes.com/media/assets/spacer_white.gif" height="1" width="204"></td> <td class="smalltxt">&nbsp;</td> <td><img src="https://web.archive.org/web/20080211122325im_/http://images.forbes.com/media/assets/spacer_white.gif" height="1" width="204"></td> </tr> </table> &nbsp; <hr size="1" color="#cccccc" width="100%"> <a name="Inside Mutual Funds"> </a> <span class="inside">Inside Mutual Funds</span> <br><br> <table border="0" width="403" cellspacing="0" cellpadding="0"> <tr valign="top"> <td width="97"> <a href="https://web.archive.org/web/20080211122325/http://www.forbes.com/fundsurvey/"><img src="https://web.archive.org/web/20080211122325im_/http://images.forbes.com/media/homepromo/2006/fundguide.jpg" alt="" width="91" height="91" border="0"></a> </td> <td width="5"></td> <td width="97"> <a href="https://web.archive.org/web/20080211122325/http://www.forbes.com/finance/screener/Screener.jhtml"><img src="https://web.archive.org/web/20080211122325im_/http://images.forbes.com/media/homepromo/2006/findfund.jpg" alt="" width="91" height="91" border="0"></a> </td> <td width="5"></td> <td width="97"> <a href="https://web.archive.org/web/20080211122325/http://www.forbes.com/2006/04/19/exchange-traded-funds_etfland.html"><img src="/web/20080211122325im_/http://www.forbes.com/media/homepromo/2006/exchangetraded.jpg" alt="" width="91" height="91" border="0"></a> </td> <td width="5"></td> <td width="97"> <a href="https://web.archive.org/web/20080211122325/http://www.forbes.com/lists/2005/42/BestBuys_Foreign%20Funds_UpGrade_1.html"><img src="https://web.archive.org/web/20080211122325im_/http://images.forbes.com/media/homepromo/2006/internationalfunds.jpg" alt="" width="91" height="91" border="0"></a> </td> </tr> </table> &nbsp;<br> <hr size="1" color="#cccccc" width="100%"> <a name="Best &amp; Worst Funds"> </a> <a href="/web/20080211122325/http://www.forbes.com/funds/BestWorst.jhtml"><span class="inside">Best &amp; Worst Funds&nbsp;&gt;</span></a> <br> <table border="0" width="416" cellspacing="0" cellpadding="0"> <tr valign="bottom"> <td class="brknewsdate" align="left" width="20">+/-</td> <td class="brknewsdate" align="left" width="296">Fund Name</td> <td class="brknewsdate" align="right" width="50">Daily NAV Change</td> <td class="brknewsdate" align="right" width="50">Total Return&nbsp;%</td> </tr> <tr> <td colspan="4" class="lnspace2" height="1"><img src="https://web.archive.org/web/20080211122325im_/http://images.forbes.com/media/assets/cccccc.gif" height="1" width="416" border="0"></td> </tr> <td colspan="4"> </td> </tr> </table> <!-- <DROPLET BEAN="Cache"> <param name="key" value="param:timeframe"> <param name="hasNoURLs" value="false"> <oparam name="output"> --> <table border="0" cellspacing="0" cellpadding="0" width="418"> <tr valign="bottom"> <td colspan="4" class="smallblack" height="25">1 Day Performers</td> </tr> <tr> <td colspan="4" class="lnspace2" height="1"><img src="https://web.archive.org/web/20080211122325im_/http://images.forbes.com/media/assets/cccccc.gif" height="1" width="416" border="0"></td> </tr> <tr valign="top"> <td width="20"><img src="https://web.archive.org/web/20080211122325im_/http://images.forbes.com/media/assets/plus.gif" width="11" height="11" border="0" vspace="1"></td> <td width="296"> <a href="/web/20080211122325/http://www.forbes.com/funds/Tearsheet.jhtml?tkr=BWGJ" class="smallblack">ProShares Trust: UltraShort Real Estate ProShares</a> </td> <td class="smallgreen" align="right" width="50"> 6.95</td> <td class="smallgreen" align="right" width="50"> 6.56</td> </tr> <tr valign="top"> <td width="20"><img src="https://web.archive.org/web/20080211122325im_/http://images.forbes.com/media/assets/plus.gif" width="11" height="11" border="0" vspace="1"></td> <td width="296"> <a href="/web/20080211122325/http://www.forbes.com/funds/Tearsheet.jhtml?tkr=PMPIX" class="smallblack">ProFunds: Precious Metals UltraSector ProFund; Investor Shares</a> </td> <td class="smallgreen" align="right" width="50"> 2.55</td> <td class="smallgreen" align="right" width="50"> 5.36</td> </tr> <tr valign="top"> <td width="20"><img src="https://web.archive.org/web/20080211122325im_/http://images.forbes.com/media/assets/plus.gif" width="11" height="11" border="0" vspace="1"></td> <td width="296"> <a href="/web/20080211122325/http://www.forbes.com/funds/Tearsheet.jhtml?tkr=PMPSX" class="smallblack">ProFunds: Precious Metals UltraSector ProFund; Service Shares</a> </td> <td class="smallgreen" align="right" width="50"> 2.46</td> <td class="smallgreen" align="right" width="50"> 5.36</td> </tr> <tr valign="top"> <td width="20"><img src="https://web.archive.org/web/20080211122325im_/http://images.forbes.com/media/assets/plus.gif" width="11" height="11" border="0" vspace="1"></td> <td width="296"> <a href="/web/20080211122325/http://www.forbes.com/funds/Tearsheet.jhtml?tkr=DKYB" class="smallblack">ProShares Trust: UltraShort MSCI Japan ProShares</a> </td> <td class="smallgreen" align="right" width="50"> 4.43</td> <td class="smallgreen" align="right" width="50"> 5.07</td> </tr> <tr valign="top"> <td width="20"><img src="https://web.archive.org/web/20080211122325im_/http://images.forbes.com/media/assets/plus.gif" width="11" height="11" border="0" vspace="1"></td> <td width="296"> <a href="/web/20080211122325/http://www.forbes.com/funds/Tearsheet.jhtml?tkr=UKPSX" class="smallblack">ProFunds: UltraShort Japan ProFund; Service Class Shares</a> </td> <td class="smallgreen" align="right" width="50"> 1.97</td> <td class="smallgreen" align="right" width="50"> 4.74</td> </tr> <tr><td colspan="4" bgcolor="efefef" height="1"><img src="https://web.archive.org/web/20080211122325im_/http://images.forbes.com/media/assets/efefef.gif" height="1" width="1" border="0"></td></tr> <tr valign="top"> <td width="20"><img src="https://web.archive.org/web/20080211122325im_/http://images.forbes.com/media/assets/minus.gif" width="11" height="11" border="0" vspace="1"></td> <td width="296"> <a href="/web/20080211122325/http://www.forbes.com/funds/Tearsheet.jhtml?tkr=XDCRX" class="smallblack">MACROshares Oil Down Tradeable Trust: MACROshares Oil Down Tradeable Shares</a> </td> <td class="smallred" align="right" width="50"> -1.22</td> <td class="smallred" align="right" width="50"> -11.47</td> </tr> <tr valign="top"> <td width="20"><img src="https://web.archive.org/web/20080211122325im_/http://images.forbes.com/media/assets/minus.gif" width="11" height="11" border="0" vspace="1"></td> <td width="296"> <a href="/web/20080211122325/http://www.forbes.com/funds/Tearsheet.jhtml?tkr=BVZT" class="smallblack">ProShares Trust: Ultra Real Estate ProShares</a> </td> <td class="smallred" align="right" width="50"> -2.1</td> <td class="smallred" align="right" width="50"> -6.38</td> </tr> <tr valign="top"> <td width="20"><img src="https://web.archive.org/web/20080211122325im_/http://images.forbes.com/media/assets/minus.gif" width="11" height="11" border="0" vspace="1"></td> <td width="296"> <a href="/web/20080211122325/http://www.forbes.com/funds/Tearsheet.jhtml?tkr=GACFX" class="smallblack">Northern Lights Fund Trust: Ladenburg Thalmann Gaming &amp; Casino Fund; Invest</a> </td> <td class="smallred" align="right" width="50"> -0.5</td> <td class="smallred" align="right" width="50"> -5.14</td> </tr> <tr valign="top"> <td width="20"><img src="https://web.archive.org/web/20080211122325im_/http://images.forbes.com/media/assets/minus.gif" width="11" height="11" border="0" vspace="1"></td> <td width="296"> <a href="/web/20080211122325/http://www.forbes.com/funds/Tearsheet.jhtml?tkr=GAMEX" class="smallblack">Northern Lights Fund Trust: Ladenburg Thalmann Gaming &amp; Casino Fund; Class</a> </td> <td class="smallred" align="right" width="50"> -0.5</td> <td class="smallred" align="right" width="50"> -5.12</td> </tr> <tr valign="top"> <td width="20"><img src="https://web.archive.org/web/20080211122325im_/http://images.forbes.com/media/assets/minus.gif" width="11" height="11" border="0" vspace="1"></td> <td width="296"> <a href="/web/20080211122325/http://www.forbes.com/funds/Tearsheet.jhtml?tkr=REPIX" class="smallblack">ProFunds: Real Estate UltraSector ProFund; Investor Shares</a> </td> <td class="smallred" align="right" width="50"> -1.76</td> <td class="smallred" align="right" width="50"> -4.83</td> </tr> <tr> <td colspan="5" bgcolor="efefef" height="1"><img src="https://web.archive.org/web/20080211122325im_/http://images.forbes.com/media/assets/efefef.gif" height="1" width="1" border="0"></td> </tr> <tr> <td align="right" class="smalllink" colspan="4"> Daily data from 2.08.08<br>Provided by Lipper </td> </tr> </table> <!-- </oparam> </droplet> --> <!-- <DROPLET BEAN="Cache"> <param name="key" value="param:timeframe"> <param name="hasNoURLs" value="false"> <oparam name="output"> --> <table border="0" cellspacing="0" cellpadding="0" width="418"> <tr valign="bottom"> <td colspan="4" class="smallblack" height="25">YTD Performers</td> </tr> <tr> <td colspan="4" class="lnspace2" height="1"><img src="https://web.archive.org/web/20080211122325im_/http://images.forbes.com/media/assets/cccccc.gif" height="1" width="416" border="0"></td> </tr> <tr valign="top"> <td width="20"><img src="https://web.archive.org/web/20080211122325im_/http://images.forbes.com/media/assets/minus.gif" width="11" height="11" border="0" vspace="1"></td> <td width="296"> <a href="/web/20080211122325/http://www.forbes.com/funds/Tearsheet.jhtml?tkr=DXQSX" class="smallblack">Direxion Funds: NASDAQ-100 Bear 2.5x Fund; Investor Class Shares</a> </td> <td class="smallred" align="right" width="50"> -0.47</td> <td class="smallgreen" align="right" width="50"> 46.70</td> </tr> <tr valign="top"> <td width="20"><img src="https://web.archive.org/web/20080211122325im_/http://images.forbes.com/media/assets/minus.gif" width="11" height="11" border="0" vspace="1"></td> <td width="296"> <a href="/web/20080211122325/http://www.forbes.com/funds/Tearsheet.jhtml?tkr=BWGB" class="smallblack">ProShares Trust: UltraShort Semiconductors ProShares</a> </td> <td class="smallred" align="right" width="50"> -1.81</td> <td class="smallgreen" align="right" width="50"> 40.97</td> </tr> <tr valign="top"> <td width="20"><img src="https://web.archive.org/web/20080211122325im_/http://images.forbes.com/media/assets/minus.gif" width="11" height="11" border="0" vspace="1"></td> <td width="296"> <a href="/web/20080211122325/http://www.forbes.com/funds/Tearsheet.jhtml?tkr=BWFY" class="smallblack">ProShares Trust: UltraShort Technology ProShares</a> </td> <td class="smallred" align="right" width="50"> -2.15</td> <td class="smallgreen" align="right" width="50"> 39.31</td> </tr> <tr valign="top"> <td width="20"><img src="https://web.archive.org/web/20080211122325im_/http://images.forbes.com/media/assets/minus.gif" width="11" height="11" border="0" vspace="1"></td> <td width="296"> <a href="/web/20080211122325/http://www.forbes.com/funds/Tearsheet.jhtml?tkr=RYVTX" class="smallblack">Rydex Dynamic Funds: Inverse OTC 2x Strategy Fund; A-Class Shares</a> </td> <td class="smallred" align="right" width="50"> -0.38</td> <td class="smallgreen" align="right" width="50"> 36.25</td> </tr> <tr valign="top"> <td width="20"><img src="https://web.archive.org/web/20080211122325im_/http://images.forbes.com/media/assets/minus.gif" width="11" height="11" border="0" vspace="1"></td> <td width="296"> <a href="/web/20080211122325/http://www.forbes.com/funds/Tearsheet.jhtml?tkr=RYVNX" class="smallblack">Rydex Dynamic Funds: Inverse OTC 2x Strategy Fund; H-Class Shares</a> </td> <td class="smallred" align="right" width="50"> -0.38</td> <td class="smallgreen" align="right" width="50"> 36.19</td> </tr> <tr><td colspan="4" bgcolor="efefef" height="1"><img src="https://web.archive.org/web/20080211122325im_/http://images.forbes.com/media/assets/efefef.gif" height="1" width="1" border="0"></td></tr> <tr valign="top"> <td width="20"><img src="https://web.archive.org/web/20080211122325im_/http://images.forbes.com/media/assets/plus.gif" width="11" height="11" border="0" vspace="1"></td> <td width="296"> <a href="/web/20080211122325/http://www.forbes.com/funds/Tearsheet.jhtml?tkr=DXQLX" class="smallblack">Direxion Funds: NASDAQ-100 Bull 2.5x Fund; Investor Class Shares</a> </td> <td class="smallgreen" align="right" width="50"> 0.41</td> <td class="smallred" align="right" width="50"> -35.13</td> </tr> <tr valign="top"> <td width="20"><img src="https://web.archive.org/web/20080211122325im_/http://images.forbes.com/media/assets/minus.gif" width="11" height="11" border="0" vspace="1"></td> <td width="296"> <a href="/web/20080211122325/http://www.forbes.com/funds/Tearsheet.jhtml?tkr=DXHLX" class="smallblack">Direxion Funds: China Bull 2X Fund; Investor Class Shares</a> </td> <td class="smallred" align="right" width="50"> -0.41</td> <td class="smallred" align="right" width="50"> -35.00</td> </tr> <tr valign="top"> <td width="20"><img src="https://web.archive.org/web/20080211122325im_/http://images.forbes.com/media/assets/minus.gif" width="11" height="11" border="0" vspace="1"></td> <td width="296"> <a href="/web/20080211122325/http://www.forbes.com/funds/Tearsheet.jhtml?tkr=WCPSX" class="smallblack">ProFunds: Mobile Telecommunications UltraSector ProFund; Service Shares</a> </td> <td class="smallred" align="right" width="50"> -0.06</td> <td class="smallred" align="right" width="50"> -34.90</td> </tr> <tr valign="top"> <td width="20"><img src="https://web.archive.org/web/20080211122325im_/http://images.forbes.com/media/assets/minus.gif" width="11" height="11" border="0" vspace="1"></td> <td width="296"> <a href="/web/20080211122325/http://www.forbes.com/funds/Tearsheet.jhtml?tkr=WCPIX" class="smallblack">ProFunds: Mobile Telecommunications UltraSector ProFund; Investor Shares</a> </td> <td class="smallred" align="right" width="50"> -0.06</td> <td class="smallred" align="right" width="50"> -34.83</td> </tr> <tr valign="top"> <td width="20"><img src="https://web.archive.org/web/20080211122325im_/http://images.forbes.com/media/assets/plus.gif" width="11" height="11" border="0" vspace="1"></td> <td width="296"> <a href="/web/20080211122325/http://www.forbes.com/funds/Tearsheet.jhtml?tkr=BVZB" class="smallblack">ProShares Trust: Ultra Semiconductors ProShares</a> </td> <td class="smallgreen" align="right" width="50"> 1.01</td> <td class="smallred" align="right" width="50"> -34.21</td> </tr> <tr> <td colspan="5" bgcolor="efefef" height="1"><img src="https://web.archive.org/web/20080211122325im_/http://images.forbes.com/media/assets/efefef.gif" height="1" width="1" border="0"></td> </tr> <tr> <td align="right" class="smalllink" colspan="4"> Daily data from 2.08.08<br>Provided by Lipper </td> </tr> </table> <!-- </oparam> </droplet> --> &nbsp;<br> <table border="0" width="418" cellspacing="0" cellpadding="2"> <tr> &nbsp; <hr size="1" color="#cccccc" width="100%"> <a name="<b>Best Of The Web: Fund Selection</b>"> </a> <a href="https://web.archive.org/web/20080211122325/http://www.forbes.com/bow/b2c/category.jhtml?id=16"><span class="inside"><b>Best Of The Web: Fund Selection</b>&nbsp;&gt;</span></a> <br><br> <table width="418" border="0" cellspacing="0" cellpadding="0"> <tr> <td width="80" valign="top"><a href="https://web.archive.org/web/20080211122325/http://www.forbes.com/bow/b2c/category.jhtml?id=16"><img src="https://web.archive.org/web/20080211122325im_/http://images.forbes.com/media/assets/fav.gif" width="80" height="78" alt="" align="left" border="0" vspace="2" hspace="1"></a></td> <td width="5">&nbsp;</td> <td width="251"> <span class="mainsubindexsubtitle">Read our reviews of the top sites:</span><br> <a href="https://web.archive.org/web/20080211122325/http://www.forbes.com/bow/b2c/review.jhtml?id=694" class="bowhed">Morningstar.com</a><br> <a href="https://web.archive.org/web/20080211122325/http://www.forbes.com/bow/b2c/review.jhtml?id=5679" class="mainartlink">FolioFn</a><br> <a href="https://web.archive.org/web/20080211122325/http://www.forbes.com/bow/b2c/review.jhtml?id=796" class="mainartlink">FundAlarm</a><br> <a href="https://web.archive.org/web/20080211122325/http://www.forbes.com/bow/b2c/review.jhtml?id=757" class="mainartlink">MSN Money</a><br> <a href="https://web.archive.org/web/20080211122325/http://www.forbes.com/bow/b2c/review.jhtml?id=1063" class="mainartlink">Personal Fund.com</a><br> <a href="https://web.archive.org/web/20080211122325/http://www.forbes.com/bow/b2c/review.jhtml?id=758" class="mainartlink">SmartMoney.com</a><br> </td> </tr> </table> &nbsp;<br> <table border="0" width="418" cellspacing="0" cellpadding="2"> <tr> &nbsp; <hr size="1" color="#cccccc" width="100%"> <a name="<b>Best Of The Web: Asset Allocation</b> "> </a> <a href="https://web.archive.org/web/20080211122325/http://www.forbes.com/bow/b2c/category.jhtml?id=237"><span class="inside"><b>Best Of The Web: Asset Allocation</b> &nbsp;&gt;</span></a> <br><br> <table width="418" border="0" cellspacing="0" cellpadding="0"> <tr> <td width="80" valign="top"><a href="https://web.archive.org/web/20080211122325/http://www.forbes.com/bow/b2c/category.jhtml?id=237"><img src="https://web.archive.org/web/20080211122325im_/http://images.forbes.com/media/assets/fav.gif" width="80" height="78" alt="" align="left" border="0" vspace="2" hspace="1"></a></td> <td width="5">&nbsp;</td> <td width="251"> <span class="mainsubindexsubtitle">Read our reviews of the top sites:</span><br> <a href="https://web.archive.org/web/20080211122325/http://www.forbes.com/bow/b2c/review.jhtml?id=6493" class="bowhed">RiskGrades</a><br> <a href="https://web.archive.org/web/20080211122325/http://www.forbes.com/bow/b2c/review.jhtml?id=6494" class="mainartlink">FinPortfolio</a><br> <a href="https://web.archive.org/web/20080211122325/http://www.forbes.com/bow/b2c/review.jhtml?id=6495" class="mainartlink">Morningstar.com</a><br> <a href="https://web.archive.org/web/20080211122325/http://www.forbes.com/bow/b2c/review.jhtml?id=6485" class="mainartlink">SmartMoney.com</a><br> </td> </tr> </table> &nbsp;<br> <br> <hr size="1" color="#cccccc" width="100%"> <a href="/web/20080211122325/http://www.forbes.com/news/"><span class="inside"> Latest Forbes.com Headlines&nbsp;&gt; 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