Table: "Tax-Shelter" Funds

These mutual funds are all down but are highly rated against their peers. They have significant losses on their books that can be used to shelter future gains when the stock market picks up.

Fund (Ticker) Category Gains Exposure Morningstar Rating
FIDELITY SELECT ELECTRONICS (FSELX) Technology - 213.2% 4
KINETICS INTERNET (WWWFX) Technology - 145.2 5
PBHG LARGE-CAP GROWTH (PBHLX) Large-cap Growth - 113.1 4
ICON INFORMATION TECHNOLOGY (ICTEX) Technology - 103.1 5
MFS UTILITIES(MMUFX) Utilities - 108.0 4
JANUS OLYMPUS(JAOLX) Large-cap Growth - 107.4 4
GABELLI GLOBAL TELECOMMUNICATIONS(GABTX) Telecom - 102.1 4
TEMPLETON DEVELOPING MARKETS(TEDMX) Emerging Markets - 88.1 4
ING INTL. SMALL-CAP GROWTH (NAPBX) Foreign Stock - 82.4 4
FREMONT U.S. MICRO-CAP (FUSMX) Small-cap Growth - 73.7 4
WADDELL & REED ACCUMULATIVE(UNACX) Large-cap Blend - 69.8 5
FIDELITY CONTRAFUND II(FCONX) Large-cap Blend - 67.3 4
NAVELLIER MID-CAP GROWTH (NPMDX) Mid-cap Growth - 64.8 4
SCHWAB INTL. MARKETMASTERS(SWOIX) Foreign Stock - 61.4 5
CONSECO EQUITY (CEYAX) Mid-cap Growth - 54.5 5
MFS NEW DISCOVERY(MNDAX) Small-cap Growth - 54.5 4

*Losses as a percentage of current assets. Based on most recent financial reports; ratings as of Sept. 30, 2002.

Data: Morningstar

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