3 Mutual Funds Set To Gain From AI's Accelerated Adoption

T. Rowe Price Global Technology Fund PRGTX aims for long-term capital growth. The fund invests most of its assets in the common stocks of companies that its managers expect will generate the majority of revenues from the development, advancement, and use of technology.

This Zacks Sector – Tech product has a history of positive total returns for more than 10 years. Specifically, PRGTX is a non-diversified fund and has returned 28.7% and 27.3% in the past three and five years, respectively.

PRGTX has a Zacks Mutual Fund Rank #2 and an annual expense ratio of 0.88%, which is below the category average of 1.24%. Some of the fund’s top AI stock holdings are Google, Micron Technology, and Intuit.

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