The MP 63 Fund (DRIPX) Outperformed Every Fund in its Category

The Moneypaper, Inc. announced today that The MP 63 Fund (DRIPX) is in the #1 position among 718 funds in its category at Bloomberg.com (based on three-year results). The category is Large-Cap Growth. The fund has managed to outperform such notable funds as Fidelity Magellan and Vanguard 500 Index.

Rye, NY (PRWEB) February 16, 2004--The Moneypaper, Inc. announced today that The MP 63 Fund (DRIPX) is in the #1 position among 718 funds in its category at Bloomberg.com (based on three-year results). The category is Large-Cap Growth. The fund has managed to outperform such notable funds as Fidelity Magellan and Vanguard 500 Index.

DRIPX invests in 63 companies that represent widely diverse industries. These companies all offer direct investment plans-enabling shareholders to acquire additional shares without going through a broker.

The fund operates like an Index fund that invests in a manner similar to dollar-cost averaging. It is managed by Vita Nelson and David Fish, who are long-time advocates of direct investment plans (DRIPs) and are the originators of the DRIP Index, the MP 63 Index. The fund invests in the companies that make up the MP 63 Index (which has just reached its 10th anniversary). It is the only "DRIP fund" available for investors.

The MP 63 Fund characteristics:

* By purchasing more shares of the Index companies on a steady basis, and selling rarely, the fund uses market volatility to its advantage.

* The companies included have the advantage of size and market leadership, allowing the fund to spread investment risk over both time and component allocation.

* The fund has never sold stock to meet redemption requests. Such shareholder conduct has allowed the fund to be efficient in terms of investing as well as tax management.

Morningstar gives The MP 63 Fund 5 stars for 3-year return, and considers it "above average" for return and "below average" for risk. Ms. Nelson said "The MP 63 Fund gives investors access to an alternative fund where they can accumulate wealth along with like-minded investors who have a long-term outlook and wish to accumulate shares in this diverse group of companies that offer investor-friendly DRIPs."

About The Moneypaper

The Moneypaper, which began publishing in 1981, is a leading monthly investment newsletter. The Moneypaper Inc. also publishes the Direct Investing newsletter and the Guide to Direct Investment Plans. It also provides an online portfolio management tool, PortfolioKeeper.com. For more information about the MP 63 Index (established in 1994), MP 63 Fund, or The Moneypaper, please call 914-925-0022 or visit www.moneypaper.com or www.mp63fund.com.

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