Top Technology Equity Funds – Mutual Fund Commentary
Zacks Market Commentaries (June 16th, 2009) Writes:
Today we are featuring top-performing "Technology" equity mutual funds, which invest in equity securities of companies that develop or are part of the advanced technology sector.
Investors can find such funds by checking out the entire list of the Zacks #1 Rank Technology Equity Funds.3 Hi-Tech Choices
Northern Technology (NTCHX) was incepted in April 1996. The investment seeks long-term capital appreciation.
The fund invests more than 25% of its assets in stock of companies that develop, or sell computers, software or peripheral products and have the potential to outperform the market over the next 1 or 2 years. It may invest in other technology businesses represented in the NYSE Arca Tech 100 Index.
Unit holders have to make a minimum initial investment of $2,500 to enter the Zacks#1 Rank ("Strong Buy") fund. Dividends and capital gains, if any,
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