Chart of the year: BlackRock's energy fund takes off


BlackRock Small-Cap Energy Hedge Fund netted an exceptional 42.33% gain in 2005, besting its average peer in the Absolute Return Global Equity Index by a factor of almost three. The honor was all the more impressive given that global equities was the top strategy in 2005.

Run by portfolio manager Dan Rice, the fund's best positions were in coal producers until October, a tough month for most energy funds, when it fell 9.54%. Rice almost recouped that loss by the end of the year with winning positions in oil, natural