Core Funds with an Accent on Tech
These diversified funds offer some extra exposure to tech.
Although they rallied a bit in recent months, tech stocks are still trading at much lower P/Es than they did three years ago. Interestingly, not many fund managers are sticking their necks out and buying technology shares. Thus, you may find your portfolio is skimpy on tech. That's a fine place to be when P/Es are stratospheric, but at this point, you run the risk of missing out on a rally.
You could correct that by taking the direct approach and buying a tech fund. Click here to see a list of some of our favorites.
Shannon Zimmerman does not own (actual or beneficial) shares in any of the securities mentioned above. Find out about Morningstar’s editorial policies.