91.   Some of the worst-performing funds were single-country funds invested in Malaysia, South Korea, and Singapore.

92.   Spectrum, whose funds invest in a wide range of foreign stocks and bonds in established and emerging markets, levies no additional expenses.

93.   Some funds invest only in a particular region, such as Latin America, or in a single country.

94.   Such funds make sense for investments in particularly illiquid securities, or in countries that will not allow open-end funds to invest.

95.   The Aurora fund never invests in a company because it expects a takeover.

96.   The current government fund invests only in Treasury bonds.

97.   The Dreyfus Short-Term High-Yield fund invests mainly in fixed-income securities that are below investment grade.

98.   The Dragon fund can invest in all those countries plus Hong Kong, Taiwan and Korea.

99.   The fund also invests in a relatively small group of stocks, so its performance is more dependent than other funds on how each stock performs.

100.   The fund can invest in bonds though it almost never does.