width=”100″>
7.70
11.58
9.62
8.62
14.12%
16.37%
N/A
13.92
14.3
N/A
13.19
13.06
0.0854
11.26
12.26
7.11
10.83
9.99
N/A
10.01
9.48
6.93
|
BLACK MUTUAL FUNDS |
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|
Here’s the lowdown on open-ended African American funds |
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|
TOTAL RETURN |
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|
Fund Name |
Manager |
Telephone Number |
1Yr. |
3 Yr. |
5 Yr. |
Min. Initial Investment |
| EQUITY & BOND FUNDS | ||||||
| Ariel Appreciation | Eric McKissack |
800-292-7435 |
37.95% |
28.44% |
15.94% |
$1,000 |
| Ariel Growth | John W. Rogers Jr. |
800-292-7435 |
36.44 |
25.93 |
15.77 |
1,000 |
| Ariel Premier Bond | Team managed |
800-292-7435 |
9.16 |
N/A |
N/A |
1,000 |
| Brown Balanced | Team managed |
800-525-3863 |
18.87 |
20.62 |
13.73 |
10,000 |
| Brown Equity | Team managed |
800-525-3863 |
22.65 |
24.43 |
15.36 |
10,000 |
| Brown Small Co. | Team managed |
800-525-3863 |
15.78 |
21.98 |
14.99 |
10,000 |
| Highland Growth* | Catherine C. Lawson |
888-557-3200 |
N/A |
N/A |
N/A |
1,000 |
| Lou Holland Growth | Lou Holland |
800-295-9779 |
27.92 |
N/A |
N/A |
2,000 |
| Kenwood Growth & Income | Barbara Bowles |
888-536-3863 |
30.24 |
N/A |
N/A |
2,000 |
| Edgar Lomax Value* | Randall Eley |
888-263-6438 |
N/A |
N/A |
N/A |
2,500 |
| MDL Broad Market Fixed Income* | Mark Lay |
800-932-7781 |
N/A |
N/A |
N/A |
500 |
| MDL Large Cap Growth Equity Fund* | Mark Lay |
800-932-7781 |
N/A |
N/A |
N/A |
500 |
| Profit Value | Eugene Profit |
888-335-6629 |
23.6 |
N/A |
N/A |
2,500 |
| Victory Lakefront* | Nathaniel Carter |
800-539-3863 |
N/A |
N/A |
N/A |
500 |
| SUB ADVISED FUNDS | ||||||
| Calvert New Africa | Clifford Mpare |
800-368-2748 |
-1.91 |
N/A |
N/A |
$2,000 |
| Dreyfus Third Century | Maceo Sloan |
800-373-9387 |
29.37 |
29.75 |
16.3 |
2,500 |
| SOURCE: Black Enterprise Reasearch, 1998 | ||||||
