The headlines may be scandalous, but some mutual funds are still buoyant.
Jim King, Rydex HealthcareRydex portfolio manager Jim King oversees a wide spread of mutual funds – mostly run on a quantitative basis – so getting out and kicking the tires of a business is rare for him. One fund he keeps a close watch on is Rydex’s $45 mn Healthcare Fund, up a bracing 32 percent in 2003 after a grim plunge by around the same amount during 2001 and 2002.‘Mostly we stick to the numbers,’ says King. ‘We don’t have a large research team,
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