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Exact(26)
At funds like the Nicholas-Applegate Global Technology fund (up 494percentt in 1999), the Van Wagoner Emerging Growth fund (up 291percentt) and the Nevis fund, (up 286 percent) the bursting of the technology bubble in 2000 led to large losses for investors as big technology companies lost most of their value and many smaller ones went broke.
Bureaucratic infighting and opposition by the military ate away at funds and time, and soon they had fallen hopelessly behind the Americans even after NASA suffered the devastating Apollo 1 fire in January 1967.
But don't just look at funds: there are also investment trusts that look interesting.
Then consider what happens if we look only at funds in Morningstar's large-blend category of stock mutual funds instead of all funds, as we did previously.
If you look at funds like GLG Technology, the two largest holdings are Apple and ARM, which manufactures components for it," says Danny Cox from IFA Hargreaves Lansdown.
But when Lipper looked at funds with more than $1billion in assets, the difference still remained; US funds charged 110bp, German 142bp and UK 163bp.
Similar(34)
Not at fund-raisers.
Look at fund-raising and administrative expenses.
Only schools responded, auctioning the certificates at fund-raisers.
And the former Massachusetts governor is good at fund-raising.
Mr. Bush has appeared at fund-raisers for Mr. Cornyn.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com