Buy These 3 Technology Mutual Funds for Attractive Returns
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Aug 22 2024
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Source: NASDAQ.COM
Technology Mutual Funds Overview: Technology mutual funds are suitable for long-term investors looking for growth, driven by advancements in areas like AI and robotics. Notable funds include Fidelity Advisor Semiconductors Fund, Fidelity Select Tech Hardware Fund, and Janus Henderson VIT Global Technology and Innovation Portfolio, all rated as strong buys.
Fund Performance Highlights: The Fidelity Advisor Semiconductors Fund has a three-year annualized return of 26.7%, while the Fidelity Select Tech Hardware Fund and Janus Henderson VIT Global Technology and Innovation Portfolio have returns of 7.6% and 7.1%, respectively, indicating varying levels of investment success within the technology sector.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
