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Show - ...... - i. . . The Daiiy Herald ' 4 "" ... ..... .. ...a s , .......... sjss -- fcife. By Bcoii Adams STICK TO THE ACT G TO IT WAS SRffOa US TO SOL KEYSSAStPS SCRIPT.! SINCERE AND YOUR CUSTCfW FOPIV sauxsas. cot hear VOICES AND DO WHAT WITH HO Q.' U)ERE WCRE ,OSCNS. YOU. SORRY. GOOD' XHAVE C&OOOLX m m socks. i fi Tt L !:.,.r filasM roundup M.,.,..n,,,r,,.l. 4208.18 15.56 , : ffirinriif i .. j! 1 .....,. Daily Herald PhotoPatrick fortite week eodwi Friday, AU-ti- By TRAVIS JACOBSEN Daily Herald Business Editor Despite a cold morning of snow showers, the Utah Valley Business Expo, now entering its 10th season, heated up throughout the day Friday as close to 200 merchants displayed everything from the latest in banking services to a pooch who ball-chasi- performed tricks as child and experienced the largest trade show Utah Valley has ever seen. And from the Big Noise Dixie Boys to the business seminars held throughout the day, attendees were entertained and educated by entrepreneur and corporate business alike. The Expo was held at Utah Valley State College, Orem, and was sponsored by the Provo Orem Chamber of Commerce, the Deseret News and Enrich International. The highlight of the day came when featured speaker Utah Jazz General Manager Tim Howells spoke about the economic impact the Jazz has had on the local baseball, jumbo hot beds. Most condogs, sumers believe that bigger really is better. But when it comes to mutual funds, it can be tempting to invest in smaller, start-u- p funds that promise big results. Investors can choose from more than 4,000 mutual funds, and new funds are joining the market at the rate of two a day. Often, managers of these new, smaller funds stress short-terperformance and unusual investing techniques. Some ' pf these managers may say that I large funds are sluggish, unman-egeable and unable to maintain positive results. Investors who hold shares of larger, established funds may listen to these fund managers &nd mistakenly begin to focus on daily performance. They may for-$their long-tergoals and : switch to a start-u- p fund. r ' However, a recent study by Mutual Fund Forecaster showed the value of investing in larger, more-- , established funds. The study analyzed mutual fund performance from December 1987 (the beginning of the stock market's rise) X through the middle of 1994. In looking at all mutual funds availa-."- , pie, the study found that the six all with assets of largest funds . $10 billion or more achieved f4i8S of anywhere from 1 12 percent to 212 percent. In the stock : fund category, the study showed king-siz- w et . m - I). 1995 down-to-eart- h, Mutual interest that the five largest stock funds all outperiorineo ine average siock fund. The six giant funds were represented equally by funds and load funds. They all follow ind conservative, vestment philosophies, using a tremendous amount of research, most of it internally generated. Obviously, if these funds didn't perform well, investors wouldn't be pouring billions of dollars into . Ml A better strategy might be to stick with established funds that have long histories of consistent results. Clearly identify your investment objectives and choose a fund that has historically met these objectives; then invest for the long haul. Don't bail out when the inevitable market downturn occurs mutual funds are designed to meet specific objectives over. time. To help you find one oi these established funds, listen to Jhe conclusion of the Mutual Fund Forecaster study: bigger is often better. Steven H. Tolley is m invest- - ,,..,,., .MM for tire week ending Friday, April 13 Afl-ti- mm 5194 April!, mm 4220 4150 4050 SUffiJ -r-- f-l -- 4.195 3950 3850 4 5 15.58 J,. 3750 ;' 4,120 M T WTF Day 12 months: DaHy S&P 500 ctos?8 1 -- ff-- Jr US-- j fi " 478 466 L.L Vl y NYSE COIfldustruls) mm 2194 11184 high: matm m$ 3550 2.81 121-10- m Ml high: 509.23 economy. Howells began his address by stating that it is ''always nice to appear in public the day after a Jazz win," referring to Thurs2 lambastday evening's ing of the Golden State Warriors. Howells, a graduate of the University of Utah, gave a 'hats off salute to the local chambers of commerce for their efforts to encourage the continued education of local students a goal Howells stated was a high priority of the Jazz as well. "In mis society, it is difficult to maintain an identity as a student seeking an education. But Tim Howells the Jazz and local community leaders are trying to help stuThe Jazz are currently tied with dents of all ages achieve their two other teams for the second educational goals," stated Howbest record in the NBA. ells. The Expo, now just a memory The Jazz has impacted the for the many business men and women who prepared long and community in numerous ways. Not only does the franchise bring hard for the event, succeeded in approximately $68 million into numerous ways. Utah's economy each year, but First of all, the Expo did what the team supports a cumber of it claimed to do it "highlightprograms aimed at improving the ed the power of Utah County community. Some of those are business. It was evident that the the Jazz Wives program, the fervor of making a buck as alive Team Up Against Hunger proand well here in the Valley, Second, and most important, gram, the Stay in School prothe Expo provided an arena for gram and Toys for Tots. In Howells concluding repeople of all ages and backmarks, he indicated that the margrounds to mingle with the comket for the Jazz within Utah is panies they do business with growing. The Jazz hold the sevmeeting the company on a enth largest record in attendance real basis. for all of the National Basketball And last of all, the County League and record the seventh came together to support a comlargest amount of dollars in gate mon event which encourages furevenues. ture Utah County business. this attendance the Although the 9 a.m. start was Although bit a has Jazz chilly, the 6 p.m. finish told at games past year dropped just over 2 percent, a story which encouraged a fond Howells reels the community is look toward the the Business behind the success of the team. Expoofl996. e IM 3669 J shn at Expo Big-leag- u U J i fast-pac- ed adult alike looked on with awe. Utah County residents, attending the Expo in the thousands, STK Week eadtfig April 13, 4250 4,208.18 J. Krohn The Expo ettractfed thousarsda of local resident and gave Utah and Ssit Lake ccuirfy companies the chance to display their wares. usiness stren gth ! s April 13 April Participants of the 10th Annual Utah Vail? Business Expo tningie wrth attendees Friday at Utah Valley State College, the host of the event, L MM 12 months: Daily Dow 4onw closes f I (SITING ' 'l W jrj 1 , :l i DILBERT sszzzzzzz . SstattJay, Ap?S IS, 1S95 , 1 ... .... . J 1 j 8194 5194 r -- - r i T 430 J 2194 11194 R.4S0AQ 442 5195 A? AP Dollar lower after stilus measures Income Index - NEW YORK (AP) The dollar fell against the yen Friday after a new Japanese economic stimulus cut by the plan and an interest-rat- e Bank of Japan failed to impress a holiday thinned currency market. The greenback ended with modest gains vs. key European curren-- cies. The U.S. currency initially advanced in Asia after the Japanese government unveiled a spending package aimed at cutting Japan's huge trade surplus a major cause of the dollar's weakness. As part of the effort to boost the dollar, the central bank cut its discount rate. But sentiment soured as dealers scrutinized the plan, which had been much-hype- d by Tokyo, and decided that it was simply an accel- eration of previously announced measures that offered little help for the slumping dollar. "If the Japanese government really wanted to help the situation, they would have made this move two weeks ago without so much fanfare," said Galium Henderson, senior analyst at MMS International in New York. 'There was nothing in the plan that surprised the market, added Guy Bouaziz, a trader in Engle-woo- d, N.J. For the i- Money Markets ' Prime Rate .V f Bank Interest Bearing Checking Ac& ;.v . 3 Month Treasury Bills of Month Bank Cert 3 Deposit 6 Month Treasury Bills 1 Year Treasury Bills Intermediate Term ? ,9X10,9.00 2 00 2XW 55 5.S5 5.65 5.70 5,90 550 ' 6.10 6.15 -- -- .05 jQ5 . 2 year Cert of Dep. 5 year Cert of Dep. 5 year Treasury Notes 10 year Treasury Notes 5 year Zero Coupon Bonds 10 year Zero Coupon Bonds 5 year Finance Co. Notes 10 Year Finance Co. Notes US backed GNMA Bonds 6 35 6.40 6.85 7.02 6.60 7.05 7.25 7,50 7.40 635 7.45 -- 7.51 753 .02 .03 -- .05 6.75 6.85 7.05 6.64 7.12 735 735 -- 35 . .03 -- -- J34 .07 --.10 .15 -- JQ6 Long Term 20 Year Zero Coupon Bonds 30 Year Treasury Bonds 7.30 7.75 7SO 7.80 735 7-- Indust. Bonds 30 Year A-- r ated Utiiity Bonds .30 Year Tax Exempt Mimicipttl Eorsds - Utah Gent Obfig. 5 year 10 year GenlOWig. d 1 Gent ObStg. 5 year 20 year Genl ed Obttg. 5.15 5.20 5.50 5.55 5 90 5.95 6.15 620 6.50 660 6.50 6.60 Hospital Rev. The abov rates are gaftwsd nd supplied by Piper Jaftray inc. y. 30yearAa-ratedHoustf)gBe- 30 year ed -- -- J05 .05 .05 -.05 -.05 -- .10 -- .10 -- -- Free Business SEMiMAM meat representative for Orem-base- d Edward D. Jones & Co. His column, appearing weekly, discusses investing in the stock market specifically mutual funds. For further information, call (801) 226-512- esfc ending Apr. 14, 1995.': 5. Editor's note: The Daily Herald dedicates two and one halfpages of its daily copy to the printing of stocks and mutual funds. To submit a stock, make additions to the mutual fund list or comment on stocks in general, contact Business Editor Tra vis Jacobsen during normal business hours at (801) "Advertising for Results" April 25 at 8 a.m. Park Hotel, Provo 344-256- 2. Conducted by Greg Stevens Chief Marketing Officer of Scripps League Newspapers, Inc. no-lo- ad value-oriente- them. When trying to hack your way through the jungle of mutual fund information, don't fall prey to the short-ter- m performance claims of some nrwer, smaller funds. While a strong stock market may entice you to jump into one of these funds, you could be unpleasantly surprised if the next 10 years don't produce the remarkable results of the past 10 years. Stevn will review often overlooked areas of sdvortising that, when implemented. Increase the effectiveness of both, ft well be cn important seminar for cny merchant who presently or plant to advertise in the future. Mr. 1 do Person qualified to Computer-Bookkeepin- g also willing to do light Auto Care Work & 2 Person to do Dart time bookkeeping work. Good wage, insurance, retirement program with a otTice-comput- er proven stable company. fir. Stevens is currently serving his third term on the executive : 1 V vy 'If yj committee of the JntemsUon! Newapspar Promotion Association and is a pest president of the Hawaii state affiliate of the American Advertising Federation. Seating is Limited Ptaas R.S.V.P. by Tusdyf April 13 C&H 5 for retervstions n 300 S. 100 W., Provo Set Mark 344-294- Seminar Courtesy of: I |
