The fund invests at least 80% of net assets throughout the world in the common stocks of companies that are expected to generate a majority of their revenues from the development, advancement, and use of technology. The primary emphasis is on leading global technology companies. The fund will normally seek to invest a minimum of 30% of the portfolio in established and emerging foreign markets and the balance in the U.S.
Those seeking an aggressive approach to long-term capital growth who can accept the risk of loss inherent in a fund investing in a single sector of the economy, as well as the special risks that accompany international investing.
Click on the risk/reward spectrum below to view the funds in that category
This fund aggressively pursues long-term capital growth by investing in foreign and U.S. companies that are expected to benefit from rapid advances in technology. Seeking to capitalize on breakthroughs in a broad range of tech-related industries, the fund has the potential to provide superior capital appreciation.
The fund is less diversified than a non-focused fund and its substantial reward potential is coupled with significant risk. In addition, any foreign holdings could be affected by declining local currencies or adverse political or economic events.
* Funds are placed in general risk/return categories based on their 10-year standard deviation
(as of December 2015) or, for newer funds, the standard deviation of the types of securities
in which they invest. There is no assurance past trends will continue.
See Glossary for additional details on all data elements.
The mutual funds referred to in this website are offered and sold only to persons residing in the United States and are offered by prospectus only. The prospectuses include investment objectives, risks, fees, expenses, and other information that you should read and consider carefully before investing. Download a prospectus.