The $5.7 million fund has gained nearly 23 percent since Jan. 1.

The fund, now closed to new investment, gained 18 percent this year through June.

Over all, his fund gained 55.4 percent in the 12 months through March.

These funds have gained nearly 40 percent on average so far this year.

Still, the fund gained about 40 percent in each of its best years, 1997 and 1998.

To be sure, the fund gained a stunning 124 percent in 1993.

Nevertheless, the fund has gained more than 17 percent this year, most of it in the last month.

The fund gained 22.9 percent a year, on average, over the last three years.

The fund gained a huge 25.75 percent in a month.

At the time, his fund had gained more than 40 percent after fees.