4 Stay-At-Home Funds To Continue Gaining Amid JNJ Vaccine Halt

The question here is: why should investors consider mutual funds? Reduced transaction costs and diversification of portfolio without several commission charges that are associated with stock purchases are primarily why one should be parking money in mutual funds.

Franklin DynaTech Fund Class A (FKDNX - Free Report) aims for capital appreciation. The fund invests primarily in common stocks and the fund manager focuses on companies that are leaders in innovation, take advantage of new technologies, have superior management, and benefit from new industry conditions.

This Sector-Tech product has a history of positive total returns for over 10 years. Specifically, FKDNX has returned about 26% over the past three- and five-year period.

FKDNX has an annual expense ratio of 0.85% versus the category average of 1.04%. Some of the fund’s stay-at-home players are Shopify, ServiceNow, DocuSign, Delivery Hero, and Pinterest.

Fidelity Select Technology Portfolio (FSPTX - Free Report) fund aims for capital appreciation. It invests primarily in equity securities, especially common stocks of companies that are engaged in offering, using, or developing products, processes, or services that will provide or will benefit significantly from technological advances and improvements.

This Zacks Sector – Tech product has a history of positive total returns for more than 10 years. Specifically, this non-diversified has returned 29.8% and 31.3% in the past three and five years, respectively.

FSPTX has an annual expense ratio of 0.71% versus the category average of 1.24%. Some of the fund’s stay-at-home players are Microsoft, Salesforce, Applied Materials, and Cloudflare.

Fidelity Select Software & IT Services Portfolio (FSCSX - Free Report) aims for capital appreciation. The non-diversified fund invests majority of its assets in common stocks of companies engaged in research, design, production or distribution of products or processes that relate to software or information-based services. Some of the cybersecurity companies in this fund’s holding are Palo Alto Networks and FireEye.

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