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The following commentary describes all purchases and sales in the Fund for the past month.
Company business information is provided for purchases made during the past month and an explanation of the manager’s
reasons for eliminating a position is provided, as well. This commentary does not contain information for positions that were
trimmed or added to in the portfolio and it is not intended to be a research report.
The purchase and sale information provided should not be considered as a recommendation to purchase or sell a particular security.
There is no assurance that the securities purchased remain in the Fund’s portfolio or that securities sold have not been
repurchased. Additionally, the securities purchased may not represent the Fund’s entire portfolio and, in total, may
represent a small percentage of the Fund’s portfolio. |
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| Buy Transactions as of 05/31/08 |
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| Knot, Inc. - provides products and services to couples planning their weddings and future lives together. The Company operates a Web site that offers content, wedding-related shopping, an online wedding gift registry, and community. The Knot also publishes a variety of national and regional wedding magazines and books on wedding planning, and offers honeymoon booking and travel services. |
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| Symantec Corp. - provides Internet security technology. The Company offers a variety of content security solutions to individuals and companies. Solutions for enterprise customers include anti-virus protection, Internet content and e-mail filtering, and mobile code detection technologies. |
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| Sell Transactions as of 05/31/08 |
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| CMGI, Inc. - CMGI, Inc. was sold in favor of other companies with more attractive risk/reward profiles. |
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| Dovebid, Inc. - DoveBid, Inc. (a private company), was acquired by GoIndustry PLC, and is no longer held. |
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| Hewlett-Packard Co. - Hewlett-Packard Co. was sold after announcing an agreement to be acquired by United Online, Inc. |
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| Micron Technology, Inc. - Micron Technology, Inc. was sold in favor of other companies with more attractive risk/reward profiles. |
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The statements and opinions expressed are those of the author(s) and do not necessarily represent the views of Munder Capital Management as a firm or the Munder Funds. While the information and statistical data contained in this material are based on sources believed to be reliable, it is current as of the time made and is subject to change without notice. Further, the information presented is general in nature and is not intended to provide personal investment advice or as an endorsement of any specific investment. The information does not take into account the specific investment objectives, financial situation and particular needs of any specific person who may receive it.
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| Munder Funds distributed by Funds Distributor, LLC. |
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