Maybe you have logged on to Priceline.com to find a hotel in the right location and at the right price. Or maybe you have customized news from across the globe delivered right to your desktop. These conveniences are brought to you by "intelligent agents" that, based on criteria you specify, seek, sort, and select information from the Internet, and present it to you in neat, personalized packages.
Individual investors may soon be relying on these intelligent agents to research mutual funds, according to industry consultants. By simply supplying some information about financial goals, income and risk tolerance, investors will be able to receive a list of appropriate funds selected from the Web.