|Expense Ratio (net)||0.75%|
|Morningstar Risk Rating||★★★★★|
|Last Cap Gain||0.00|
|Inception Date||Jul 29, 1985|
|Average for Category||N/A|
Below we share with you three top-ranked technology mutual funds. Each has earned a Zacks Mutual Fund Rank #1 (Strong Buy)
Technology stocks have been on a tear in 2017. Through the end of July, the iShares Technology ETF (IYW) is up almost 22%, well ahead of broader market benchmarks. If you are thinking of investing in tech stocks after a rally like that, here's what you need to know.
Fidelity Select Semiconductors (FSELX) a Zacks Rank #1 (Strong Buy) invests at least 80% of assets in common stocks of companies principally engaged in the design, manufacture, or sale of electronic components
No load mutual funds emerged as the clear winners of 2016 as investors continued to shift their money from expensive funds to low cost funds.