Value Funds: The Old Economy's Old Reliables

A great way to hedge and a proven long-term winner

Does your mutual-fund portfolio contain a mix of the past few years' winners? Then it's probably filled with names such as Janus Twenty (JAVLX), Amerindo Technology (ATAHX), and Munder NetNet (MNNAX). But with tech, telecom, and the whole Internet sector--the mainstay of those funds--on the ropes this year, the former superstars are bleeding red ink.

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