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Who's Afraid of a Little Volatility? Not Fund Investors

Despite an up-and-down stock market, industry data show that investors poured money into equity funds during January and February.

So far this year, the battle cry of stock-fund investors has been, "Damn the volatility, full speed ahead!"

Industry data and estimates for the first two months of the year indicate that investors have not let stock-market turbulence in the opening months of 2000 spoil their appetites for equity funds, particularly those of the aggressive growth flavor.

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