Smith Barney Aggressive Growth: A Growth Fund That Earns the Name

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Growth funds' gains in the late 1990s showed why you should own them. Their steep tumble over the past year has shown why you should be picky.

Growth funds might not be a pretty sight today, but they'll perk up in a hurry when the value style inevitably cools -- a process that may have started last month, when growth funds trounced value competitors. Rather than pin all your hopes and money on the growth or value approach, a better idea is to fish for all-weather types in each camp.

Very few growth funds managed to top their peers when the Nasdaq was soaring and when it was falling. One is the broker-sold (SHRAX Quote)Smith Barney Aggressive Growth fund, which we're ushering into our Ima Winner Fund Club today.

On the other hand, we'll also check out the broker-sold (WEINX Quote)AIM Weingarten fund, which trailed its peers both in sunny 1999 and in the stormy days since, earning it an unsightly track record and a spot in our Ima Loser Fund Club.

Ima Winner

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