We took a close look at the technology funds: In our analysis, the BlackRock Global Funds – World Technology fund achieved the strongest growth in the past five years. The fund is managed and invested by Vasco Moreno at least 70 percent of its total assets in shares of companies worldwide that are primarily engaged in the research, development, production and / or distribution of technologiesthat are used and applied to financial services. The entry costs are 5.26 percent, the Total Expense Ratio (TER) is put at 1.81 percent, which means that the fund is not a bargain.
Polar Capital Global Tech comes second in the ranking. In addition to pure tech stocks, fund manager Nick Evans also mixes in consumer (Alibaba) and financial stocks. And a quarter of the allocation comes from Asia and Europe. With a premium of 5.0 percent and a TER of 1.63 percent, the fund isn’t exactly cheap either.
The bronze medal in the tech funds goes to JPM US Technology A. The fund primarily invests in technology-related companies that are based or do business in the United States. The TER is 1.74 percent.
Notice: When buying a fund, pay attention to its costs, such as the front-end load. We explain all terms relating to ETFs and funds in detail in our ETF lexicon.
Tip: Frank Thelen, the entrepreneur and tech investor – known from the TV show “Die Höhle der Löwen” – has set up his own fund. With the 10xDNA – Disruptive Technologies Fund (WKN: DNA10X) he wants to offer private investors the opportunity to participate in the business development of disruptive start-ups via the stock market.