The Big 20

the 20 largest mutual funds scored mixed results during the first quarter of 1999. These funds often buy into large companies, which outperformed small companies last quarter but failed to keep pace with those high flying technology and Internet companies.

ASSETS 5-YR. FUND NAME IN BILLIONS 1ST QTR. 1-YR ANNUALIZED FIDELITY MAGELLAN $85.86 7.4% 25.6% 22.6% 800-544-8888

VANGUARD 500 INDEX 78.07 5.0 18.5 26.2 800-662-7447

WASHINGTON MUTUAL INV. 51.44 0.2 6.6 23.4 800-421-4120

INVESTMENT CO. OF AMERICA 49.96 2.8 13.5 21.6 800-421-4120

FIDELITY GROWTH & INCOME 48.26 1.9 16.1 23.8 800-544-8888

FIDELITY CONTRAFUND 39.61 5.8 24.0 23.4 800-544-8888

AMERICAN CENTURY AC ULTRA 31.44 10.3 28.0 23.0 800-345-2021

VANGUARD WINDSOR II 31.37 2.1 5.3 22.9 800-662-7447

JANUS FUND 26.74 11.4 35.1 24.4 800-525-8983

FIDELITY PURITAN 25.51 1.4 9.4 15.7 800-544-8888

FIDELITY ADV GR OPP; T 25.09 -1.2 11.3 20.6 800-544-8888

VANGUARD WELLINGTON 24.98 0.1 4.0 17.2 800-662-7447

VANGUARD INST INDX INS 23.23 5.0 18.7 N/A 800-662-7447

FIDELITY EQUITY INC. 22.62 2.4 3.4 19.9 800-544-8888

NEW PERSPECTIVE FUND 22.23 6.0 17.9 18.3 800-421-4120

INCOME FUND OF AMERICA 22.22 -0.2 2.2 15.1 800-421-4120

PIMCO TOTAL RETURN INST. 21.25 -0.4 7.6 8.4 800-927-4648

EUROPACIFIC GROWTH 21.21 6.8 8.2 12.9 800-421-4120

FIDELITY BLUE CHIP GROWTH 21.07 5.7 25.0 23.9 800-544-8888

PUTNAM GROWTH & INCOME A 20.62 2.5 6.5 20.4 800-225-1581

Source: Lipper Inc., N/A - not available