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Mutual funds did not do so well in February. However, due to their impressive performance in January, mutual funds have notable year-to-date result, according to Business Week Online.

Domestic stock funds were rather flat, as they slipped an average of 0.46%, while large-caps were the leaders of the pack for the month, with a 0.15% increase for the month. Mid-caps had the worst returns in February, as they fell 0.95%.

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