Welcome to MutualFunds.com. Please help us personalize your experience.

Select the one that best describes you

Your personalized experience is almost ready.

Join other Individual Investors receiving FREE personalized market updates and research. Join other Institutional Investors receiving FREE personalized market updates and research. Join other Financial Advisors receiving FREE personalized market updates and research.

Thank you!

Check your email and confirm your subscription to complete your personalized experience.

Thank you for your submission, we hope you enjoy your experience

Technology Feature Image

News

How to Get an Edge in the Technology Sector

Daniel Cross Apr 21, 2016



The decline, however, was short-lived. In March, a sudden reversal marked the beginning of a tech resurgence as evidenced by the performance of the Vanguard Information Technology Index Fund (VITAX). In February, the fund traded as low as $48.07 but has since risen to its current price of around $56.37 – a staggering 17% increase in just two months’ time. From oversold to being in high demand – the tech sector still offers prime opportunities for growth-oriented investors.


Mutual Funds for the Technology Sector



T. Rowe Price Global Technology Fund


  • Year-to-Date Returns: -1%
  • 10-Year Average Annual Return: 13.25%
  • Expense Ratio: 0.91%

Objective: This innovative technology fund doesn’t just pick large-cap, blue-chip funds for its investors. Rather, it selects stocks based on a thorough screening process that attempts to identify leading technology companies for growth with a healthy underlying business. It generally invests in no fewer than five countries with at least 25% of its portfolio in non-U.S. companies.


Fidelity Select IT Services Portfolio


  • Year-to-Date Returns: 2.35%
  • 10-Year Average Annual Return: 13%
  • Expense Ratio: 0.81%

Objective: This fund consistently finds itself rated among the top-performing funds with some of the highest ratings in the industry. It keeps the majority of its assets in the U.S. with around 12% invested overseas and contains some of the biggest and most-recognized names in the technology space.


The Bottom Line


Download Our Free Report

Why 30 trillion is invested in mutual funds book