Money In The Banks

After taking a two-year beating, bank stock funds could see a comeback

down the field to the five funds with the best track record.

Our top performer, the AIM Global Financial Services A Fund (GFSAX) managed a solid 14.3% average annual total return over the previous three years and an impressive 19.8% over five years. As of our screening earlier this year, the fund had sputtered in 2001 with 2.5%, although it still carries Morningstar’s highest rating of five stars. Nos. 2 and 3 might be good bets as well, Icon Financial (ICFSX) and Mutual Financial Services A (TFSIX), have both logged average annual returns of more than 12.5% over the past three years and were up in 2001. Icon has a five-star rating while Mutual has four stars from Morningstar.

Top Financial Services Mutual Funds

Fund Name (Ticker)

Year-to-
Date

1-Year
Total Return*

3-Year
Total Return*

5-Year
Total Return*

Toll-Free
Number

Minimum
Initial Investment

STOCK FUNDS
Aim Global Financial Services A (GFSAX)

-2.47

18.80

14.27

19.82

800-959-4246

$ 500

Icon Financial (ICFSX)

6.50

55.67

12.91

N/A

800-764-0442

1,000

Mutual Financial Services A (TFSIX)

13.76

48.72

12.51

N/A

800-342-5236

1,000

T. Rowe Price Financial Services (PRISX)

0.14

27.83

10.45

N/A

800-638-5660

2,500

Morgan Stanley Finan. Services (B FSVBX)

-0.15

30.56

9.72

N/A

800-869-6397

1,000

*Ranked by three-year total returns as of June 30, 2001.
Source: Morningstar, Inc.

Bottom Financial Services Mutual Funds

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25,000

Fund Name (Ticker)

Year-to-
Date

1-Year
Total Return*

3-Year
Total Return*

5-Year
Total Return*

Toll-Free
Number

Minimum
Initial Investment

STOCK FUNDS
Banc Stock Group A (BANCX)

17.30

55.06

1.34

N/A

888-226-5595

$ 2,500

Rydex Financial Services Inv (RYFIX)

-6.23

16.08

1.25

N/A

800-820-0888

25,000

Brinson Financial Services Grth A (PREAX)

-2.78

23.00

0.99

14.37

800-647-1568

1,000

John Hancock Regional Bank B (FRBFX)

4.63

43.42

0.66

14.81

800-225-5291

1,000

Rydex Banking Adv (RYKAX)

1.93

30.60

-5.49

N/A

800-820-0888

*Ranked by three-year total returns as of June 30, 2001.
Source: Morningstar, Inc.
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