3 Best Inexpensive Technology Mutual Funds For 2018

Cost Specifics: There is a $2,000 minimal initial investment requirement, it has a 0.87% management fee with a total expense ratio of 1.08%.

Performance and Management: The YTD return is +33.79%, 1 year +34.02%, 3 year +20.71%, and 5 year +23.29%.The fund is team managed with Rahul Narang, Portfolio Manager, as the lead.Rauhl has a B.S. in business administration from California Polytechnic State University.

Top 5 Holdings: As of the most recent filing, the top positions are held in Alphabet, Apple, Microsoft, Facebook, and Amazon.

Fidelity Select Electronics (FSELX - Free Report) , a Zacks Rank #1 (Strong Buy) seeks capital appreciation. The fund normally invests at least 80% of assets in common stocks of companies principally engaged in the design, manufacture, or sale of electronic components (semiconductors, connectors, printed circuit boards, and other components); equipment vendors to electronic component manufacturers; electronic component distributors; and electronic instruments and electronic systems vendors.

Current Sector Allocation:As of the last filing, the company has 94.44% of the portfolio in the technology sector, with small weightings in Other (5%), and Services (0.3%).

Cost Specifics:There is a $2,500 minimal investment requirement, it has a 0.55% management fee, a 0.75% redemption fee, with at total expense ratio of 0.75%.  

Performance and Management:The YTD return is +21.15%, 1 year +26.38%, 3 year +21.93%, and 5 year +26.27%.The fund is team managed with Stephen Barwikowski, Portfolio Manager, as the lead.Stephen has B.S. of science degree in finance and operations and strategic management from Boston College.

Top 5 Holdings: As of the most recent filing, the top positions are held in Intel, Qualcomm, Broadcom, Analog Devices, and Micron Tech.

Putnam Global Technology (PGTYX - Free Report) , a Zacks Rank #1 (Strong Buy), seeks capital appreciation by investing mainly in common stocks of companies worldwide in the technology industries believed to have favorable investment potential. Under normal circumstances, the Fund will invest at least 80% of the Fund's net assets in securities of companies in the technology industries.

View single page >> |

Disclosure: Zacks.com contains statements and statistics that have been obtained from sources believed to be reliable but are not guaranteed as to accuracy or completeness. References to any specific ...

more
How did you like this article? Let us know so we can better customize your reading experience.

Comments

Leave a comment to automatically be entered into our contest to win a free Echo Show.