Money News: Twenty Best Tech Funds That Hold FANG

AddThis Social Bookmark Button

Given the innovation and success of many tech giants, it's understandable why investing in the tech sector is so appealing. Growth for the largest companies such as Facebook, Amazon, Netflix and Google or FANG investing has been impressive, beating out all the major market indices.

But stock performance for tech companies can be volatile. This is one reason why the investment in Facebook, Amazon, Netflix and Google stocks, is getting attention.

Although the stock prices have fluctuated more dramatically for some of these companies than others, they all have experienced significant growth over time. In fact, a recent Goldman Sachs research report found that underrepresentation of hot FANG stocks is a potential reason reason why the S&P 500 outperformed 73 percent of large-cap mutual funds in 2015.

A recent Forbes article highlights why some investors find investments in FANG stocks attractive. Investors can focus their sights on mutual funds with a high portfolio weighting of FANG, while still receiving the benefits of portfolio diversification and professional management of a mutual fund.

"Companies like Facebook, Amazon, Netflix, Google -- and Chipotle, Apple, EMC, Ultimate Software, Tesla and Qualcomm just to name a few others -- are growing," said Adam Hartung of Forbes. "They are firmly tied to technologies and products that are meeting emerging needs, and they know their customers. They are doing things that increase long-term value."

Apart from tech mutual funds, interested investors can also focus their sights on FANG-specific funds when selecting a mutual fund.

Credio identified mutual funds with over 15 percent weighting in Facebook, Amazon, Netflix or Google stocks. The top 20 funds were then ranked based on five-year returns. We then narrowed the list to only include funds that:

  • Are open to new investors
  • Have five-year returns greater than 10 percent
  • Are open-end funds
  • Have lower-than-average expense ratios

The average expense ratio for all mutual funds that hold FANG stocks is 1.17 percent, and all 20 of these funds have expense ratios lower than that average.

#20. BUFTX - Buffalo Discovery

Five-Year Annualized Return: 17.53%
Expense Ratio: 1.02%
Yield (TTM): 0.00%
Net Assets: $1.14 billion
Investment Style: Mid-Cap Growth

#19. Homestead Growth HNASX

Five-Year Annualized Return: 17.13%
Expense Ratio: 0.95%
Yield (TTM): 0.00%
Net Assets: $114 million
Investment Style: Large Growth

#18. Elfun Trusts ELFNX

Five-Year Annualized Return: 17.30%
Expense Ratio: 0.19%
Yield (TTM): 1.30%
Net Assets: $2.38 billion
Investment Style: Large Growth

#17. Fidelity Blue Chip Growth FBGRX

Five-Year Annualized Return: 17.32%
Expense Ratio: 0.82%
Yield (TTM): 0.13%
Net Assets: $19.3 billion
Investment Style: Large Growth

#16. T. Rowe Price Growth Stock PRGFX

Five-Year Annualized Return: 17.36%
Expense Ratio: 0.67%
Yield (TTM): 0.00%
Net Assets: $45 billion
Investment Style: Large Growth

#15. Vanguard US Growth VWUSX

Five-Year Annualized Return: 17.24%
Expense Ratio: 0.47%
Yield (TTM): 0.44%
Net Assets: $6.86 billion
Investment Style: Large Growth

#14. Fidelity Select Consumer Discret Portfolio FSCPX

Five-Year Annualized Return: 17.94%
Expense Ratio: 0.77%
Yield (TTM): 0.50%
Net Assets: $1.06 billion
Investment Style: Consumer Cyclical

#13. Loomis Sayles Growth LGRNX

Five-Year Annualized Return: 18.68%
Expense Ratio: 0.55%
Yield (TTM): 0.55%
Net Assets: $4.16 billion
Investment Style: Large Growth

#12. GE Institutional Premier Growth Equity GEIPX

Five-Year Annualized Return: 17.69%
Expense Ratio: 0.38%
Yield (TTM): 0.91%
Net Assets: $335 million
Investment Style: Large Growth

#11. VALIC Company I Blue Chip Growth VCBCX

Five-Year Annualized Return: 17.62%
Expense Ratio: 0.84%
Yield (TTM): 0.00%
Net Assets: $616 million
Investment Style: Large Growth

#10. T. Rowe Price Media and Telecommunications PRMTX

Five-Year Annualized Return: 19.05%
Expense Ratio: 0.79%
Yield (TTM): 0.17%
Net Assets: $3.83 billion
Investment Style: Communications

#9. Fidelity Nasdaq Composite Index FNCMX

Five-Year Annualized Return: 18.38%
Expense Ratio: 0.29%
Yield (TTM): 0.78%
Net Assets: $2.52 billion
Investment Style: Large Growth

#8. T. Rowe Price Blue Chip Growth TRBCX

Five-Year Annualized Return: 17.86%
Expense Ratio: 0.71%
Yield (TTM): 0.00%
Net Assets: $32.5 billion
Investment Style: Large Growth

#7. Fidelity OTC Portfolio FOCPX

Five-Year Annualized Return: 18.53%
Expense Ratio: 0.91%
Yield (TTM): 0.00%
Net Assets: $13.4 billion
Investment Style: Large Growth

#6. USAA NASDAQ-100 Index USNQX

Five-Year Annualized Return: 18.70%
Expense Ratio: 0.57%
Yield (TTM): 0.56%
Net Assets: $1.02 billion
Investment Style: Large Growth

#5. VALIC Company I NASDAQ-100 Index VCNIX

Five-Year Annualized Return: 18.81%
Expense Ratio: 0.53%
Yield (TTM): 0.63%
Net Assets: $331 million
Investment Style: Large Growth

#4. Fidelity Select Multimedia Portfolio FBMPX

Five-Year Annualized Return: 19.29%
Expense Ratio: 0.81%
Yield (TTM): 0.35%
Net Assets: $540 million
Investment Style: Consumer Cyclical

#3. Fidelity Select Software and IT Svcs Portfolio FSCSX

Five-Year Annualized Return: 21.37%
Expense Ratio: 0.77%
Yield (TTM): 0.07%
Net Assets: $3.82 billion
Investment Style: Technology

#2. Fidelity Select Retailing Portfolio FSRPX

Five-Year Annualized Return: 21.12%
Expense Ratio: 0.81%
Yield (TTM): 0.08%
Net Assets: $2.07 billion
Investment Style: Consumer Cyclical

#1. T. Rowe Price Global Technology PRGTX

Five-Year Annualized Return: 24.80%
Expense Ratio: 0.91%
Yield (TTM): 0.00%
Net Assets: $3.11 billion
Investment Style: Technology

Compare Mutual Funds on Credio

Haute Tease

  • Paris Fashion Week: Laskaris Couture Show Summer 2018 – Regal, Sensuous, Dazzling

    AddThis Social Bookmark Button

    The Muse of the Laskaris  House for the summer of 2018  is Olympias, the Princess of the Molossian of Epirus, the wife of Philip II, King of the Macedonians, and the mother of Alexander the Great. 

     
  • Baruch Fraternity Members Face Charges in PA Murder Case

    AddThis Social Bookmark Button

    Pocono County prosecutors have announced the intent to bring charges against all thirty of the Pi Delta Psi Fraternity members present the night pledge Chun Hsien Deng was killed in a hazing ritual in rural Tunkhannock Township, Pennsylvania.

     
  • Paul McCartney's LIPA Channels the Spirit of John Peel in Weekly New Music Event

    AddThis Social Bookmark Button

    Liverpool Institute for the Performing Arts, co-founded by one of the city's most celebrated sons Paul McCartney, is launching The 2Ube, an eclectic showcase of musical talent from across the north west.

     
  • LA Arts: Exclusive VIP Collectors Gala with Master Artist Royo – Equus Renewed

    AddThis Social Bookmark Button

    ROYO will be showcasing his new series, created specifically for this called "Equus Renewed," which incorporates Equus (horses) and the female form. ROYO will be traveling in from his home in Spain for the event which is very rare.

     
  • PA Newlywed Confesses to Craigslist Thrill Kill and 100 Others

    AddThis Social Bookmark Button

    Miranda Barbour, the Pennsylvania newlywed charged with murder, has made a shocking revelation in a jailhouse interview confessing to committing up to 100 other murders across several states.

     
  • Electronica/Alt Pop Band M1nk Drops the “ebomb” November; The B Side - Chicago Alt-Band, Microcosms

    AddThis Social Bookmark Button

    After meeting on the social media platform Soundcloud, Erika Bach, of Greece, and Barry Snaith of the UK, collaborated on a single testing their style and fit, which exploded in the Alternative rock genre on platform the next day,

     
  • Marc Friedland Couture Communications Hosts The Envelope Please Preview

    AddThis Social Bookmark Button

    Marc Friedland, creative director of Marc Friedland Couture Communications and the official designer of the famous OSCAR winner's envelope, recently hosted an exclusive preview event at his Venice Boulevard studio.

     
  • Beltway Insider: Obama Announces New Cabinet Nominees

    AddThis Social Bookmark Button

    President Barack Obama announced two additional cabinet nominees, over the past week, to succeed the departing Secretary of Treasury Timothy Geithner and Secretary of Defense Leon Panetta.

     
  • Ad Astra Review – Innovative Space Program Film Delivers

    AddThis Social Bookmark Button

    Ad Astra, from Plan B Entertainment and Twentieth Century Fox, brings to the screen the story of intergalactic travel circa 2050 and an unprecedented cosmic interruption that sends extraordinary power surges with catastrophic results hurling toward earth.

     
  • Terror Exploitation - The Newest Form of Hollywood Bashing

    AddThis Social Bookmark Button

    London Has Fallen, recently released from Focus Features, depicts the world’s worst case scenario in the war on terror, an all-out assault on London, unprecedented since the time Hitler’s Blitzkrieg rolled across Europe, in an attempt to murder the leaders of the G7.

     
  • Elvis & Nixon Review – An Enjoyable Cultural Flashback

    AddThis Social Bookmark Button

    Elvis & Nixon, from Bleecker Street Productions and Amazon Studios, brings to the screen the fictionalized account of the December 21, 1970 meeting between the two most powerful men in the known world, President Richard Nixon and Elvis Presley.

     
  • Battleground Chi-raq: Taming Chicago’s Rising Murder Rate

    AddThis Social Bookmark Button

    The murder rate in Chicago passed the 500 mark on Labor Day weekend 2016 and continues. It is a city where the epidemic of violence is obvious and tragedies keep mounting with no solution on the horizon.

     
  • Marina Kitchen Restaurant Review – Modern Comfort at the San Diego Marriott Marquis

    AddThis Social Bookmark Button

    Central to a new food and beverage experience at the scenic San Diego Marriott Marquis & Marina is Marina Kitchen a restaurant that serves up quintessential Southern California fare with distinctive "modern comfort food" flair.

     

     
  • Fourth Hostage, Alan Henning, Beheaded by ISIS; Obama’s Impotent Foreign Policy Faulted

    AddThis Social Bookmark Button

    Alan Henning, a volunteer humanitarian worker and Muslim, the fourth hostage held by the terror group ISIS/ISIL has been executed by his captors according to global media agencies. He was kidnapped in Syria.

     
  • Money News: DOW Roars Back; World Markets Follow; Asian Markets Strong

    AddThis Social Bookmark Button

    The Dow Jones Industrial came roaring back fell in dramatic fashion over the past week, which included the highest single day gain of over 400points, following last week stunning fall, and ended the week with  record closes  triggering similar upswings in the three other major U.S. Markets.