The selection of Internet-driven mutual funds has subsided in recent years, as investors increasingly thumbed their noses at investments rooted firmly in the technology sector, Dallas Morning News reports.
Since the dot-com bubble began to show signs of weakening in 1999, the number of Internet funds shrank from 44 to 10, according to
Only a handful of the flagship Internet companies, including
Technology fund survivors, like the MunderNetNet fund, which shrank from $10 billion in early 2000 to a svelt $1 billion, may never recover peak asset levels.
