Three year focus: Technology funds to keep an eye on
By International Adviser, 1 Jul 15
Morningstar fund analyst Samuel Meakin picks his three technology funds based on their last three years of performance.
Manager selection is particularly important for fund investors in the technology sector, as most active managers investing in the space have struggled to keep pace with the benchmark over a number of different time periods.
The average fund in the Morningstar Sector Equity Technology category has underperformed the MSCI ACWI Information Technology index over one, three, five and 10 years.
The index has, however, outperformed the wider global equity market, with returns ahead of both the MSCI World and the MSCI
ACWI indices across each of those time periods.
Scroll through to see three technology funds set to go places over the next three years