An Interesting Mutual Fund
 

i am not an Investment Advisor and i don't own any interest in the company that provides this fund.....
i do own shares of this fund however i suggest that no one buy this fund....
(entertainment only)
buyer should always due their own due diligence.....

now that that is out of way.....

you might put this Fund on your watch list....

click for a chart FAIRX the fund is being compared against the S&P Mid-Cap Index....
plug in any stocks or funds for comparison....

15% of the fund is invested in warren buffet's berkshire hathaway stock (BRK.A) buffet and bill gates are the top 2 richest in the US. don't know who is in first place at this time....

use the help of a professional investment advisor and i'm not one.....

I am fortunate that my job 401k gives me unlimited trades at no charge.....in 04 I had a 52% return on my money, 05 I had 56% return.......now 06 I had alot of issues to deal with and didnt pay much attention to it and my return was 8.5% so not all that good of year

my thoughts this year so far is to invest heavily in any mutual fund that holds china and japan stocks.....should be a banner year there

I too suggest you do all yer own research before you invest

way to go Whitmore,
outstanding returns.....

here are some ETF's (electronically traded funds) for china.....

FTSE/Xinhua China 25 Index Fund (FXI)

iShares MSCI-Hong Kong Index (EWH)

The new PowerShares Golden Dragon ETF (PGJ, news, msgs), which isn't included in the above table because it was only launched in December, tracks an index of U.S. listed stocks that derive a majority of their revenue from China.

Don't make short-term bets
China's fast growth, political structure and uneven disclosure make investing there a risky business. All sorts of things, from currency revaluations to economic overheating, could go wrong. Thus, successful investing in China requires a long-term view. Commit only two-year money to China. That will give you time to ride out the inevitable downdrafts. Also, don't put too much money at risk. Most investment advisors recommend putting no more than 5% to 10% of your investment dollars in this sort of an emerging market.

Harry Domash, author of the above info owns or controls a position in the Guinness Atkinson China & Hong Kong Fund.

the above info came from this link below....

12 ways to invest in China's boom

here's a fast easy way to compare two funds or stocks using percentage returns...

106% return in 2 years using Whitmore's china play using the ETF FXI

here's PGJs return

FAIRX returned 50% in three years....

compared to the S&P Mid Cap Index return which was 41%