      Because of the continued influx of capital into managed funds, thereis constant pressure on fund managers to invest in the market. Given therules and guidelines of the different managed fund vehicles, many fundmanagers are required to stay invested in particular groups of stocks inquite specific percentages. Fund managers still have broad discretion overwhat particular issues to invest in. Nevertheless, they cannot stray toofar from the design of the fund. For instance, a biotechnology fund managercannot put all of the funds capital in the Banking sector, nor can heinvest solely in GE or put all of the fund's money in a money market fundand stay out of the market.