From Nasdaq: 2024-05-28 07:27:00

Investors looking for high returns should consider technology mutual funds due to the sector’s potential for strong earnings growth. Key catalysts include emerging technologies like wearables, VR, drones, and AI. Top-ranked funds like FSELX, FSPTX, and FATEX offer growth-oriented approaches with solid performance and low expense ratios compared to peers.

Fidelity Select Semiconductors focuses on semiconductor companies, with a 28% three-year annualized return and 24.1% assets in Nvidia. Fidelity Select Technology aims for capital appreciation, with 7.9% three-year return and a 0.68% expense ratio. Fidelity Advisor Technology invests in firms benefiting from technological advancements, boasting a 10.1% three-year return.

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