
notable flagship funds. Many of its best performers are niche offerings, such as the $1.3 billion Allianz RCM Technology DRGTX . This technology fund was an Analyst Pick for years, but it was removed in 2009 due to its high expenses. Allianz AGIC Convertible
from 1999 through 2003 was 19.1%, but its annualized return during that time was only 4.3%. PIMCO RCM Global Technology DRGTX had an average annual return of 31.6% over the same period, but an annualized return of 8.2%. The least volatile funds
Like all technology funds, it can be prone to wild performance swings. It should only be a small part of an investor's overall portfolio.The fund's A, B, C, and D shares are pricey.The fund's high-turnover style can make it unfriendly to taxable accounts.Despite large absolute losses from 2000
You need to find the exception . You want funds like JP Morgan U . S . Real Estate SUSIX and Allianz RCM Global Technology DRGTX , where the managers are true experts who see running a sector fund as their career goal rather than a stepping stone . 5
MFCAX 8 / 31 / 2009 $ 18 . 2 $ 1 . 5 1 . 20 % CGM Focus CGMFX 12 / 31 / 2008 $ 70 . 6 $ 6 . 8 1 . 04 % Allianz RCM Technology DRGTX 6 / 30 / 2008 $ 12 . 2 $ 1 . 4 0 . 88 % Federated Market Opp FMAAX 10 / 31 / 2009 $ 10 . 8 $ 1 . 4 0 . 77 % Federated Capital
Like all technology funds, it can be prone to wild performance swings. It should only be a small part of an investor's overall portfolio.The fund's A, B, C, and D shares are pricey.The fund's high-turnover style can make it unfriendly to taxable accounts.Despite large absolute losses from 2000
of our Analyst Picks in the health care category. Our sole Analyst Pick in the technology category, Allianz RCM Technology DRGTX , is run by Walter Price and Huachen Chen, who have been picking tech stocks for 20 years and have managed the fund since its
that, with a handful of notable exceptions ( Vanguard Health Care VGHCX, Vanguard Energy VGENX, and Allianz RCM Technology DRGTX come to mind), sector funds aren't run by an elite cadre of managers who know their industries inside and out. (That
Owens ( Vanguard Health Care VGHCX) 27.5% - Michael Winer ( Third Avenue Real Estate Value TAREX) 5.4% - Sam Isaly ( Eaton Vance Worldwide Health ETHSX) 2.8% - Huachen Chen and Walter Price ( Allianz RCM Global Technology DRGTX )
You need to find the exception. You want funds like JP Morgan U.S. Real Estate SUSIX and Allianz RCM Global Technology DRGTX , where the managers are true experts who see running a sector fund as their career goal rather than a stepping stone. 5