10 Questions With Jacob Internet Fund Manager Ryan Jacob

Ryan Jacob once said he didn't want to become the Vanilla Ice of the Internet. Considering his mutual fund's recent performance, those who judge in Internet time might be humming "Ice Ice Baby."

After a brief but stunning turn at the helm of the (WWWFX Quote)Internet fund, Jacob launched his own firm and fund last year amid a hefty dose of hype. Net stocks and funds have taken a beating in 2000, and (JAMFX Quote)Jacob Internet has fallen farther than most -- the fund is down more than 40% for the year, even after a recent bounce. Many have been quick to criticize the high-profile manager as the poster boy for Internet-stock excess, but it may be premature to turn away from someone who's made so much money for investors in the very recent past. Beaten but unbowed, Jacob defends his fund and the Internet sector, which he says offers lots of bargains.

Ryan Jacob
Fund (JAMFX Quote)Jacob Internet
Managing Fund Since Dec. 13, 1999
Asset Size $156 million
YTD Return/% Rank in Category -40.8% / 75 of 76
Load None
Top Holdings LifeMinders.com (LFMN Quote) Aether Systems (AETH Quote) Keynote Systems (KEYN Quote)
Previously Managed (WWWFX Quote)Internet fund, Dec. 1997 - June 1999 (232% cumulative return)
Source: : Lipper, Jacob Asset Management. Returns as of June 15. Holdings as of June 14.

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