2007-04-12 05:36:38 · 8 answers · asked by Vincent B 1 in Business & Finance ➔ Investing
Sorry guys. I want a concentrated mutual fund that invests in Mega cap tech stocks. The perfect Fund would include MSFT,GOOG,CSCO,INTC, & ORCL. Any1 know of 1.
2007-04-12 08:38:26 · update #1
GUYS...you are giving me the obvious answer. If you noticed my tag name ( stocktrader) i am aware of the etf's . Asking if any1 is aware of a concentrated mega cap tech fund. JAnus has the Janus 20. something similar would be nice.Thanks!
2007-04-14 07:01:25 · update #2
QQQQ holds the largest 100 tech companies and it's your best bet. If you want a fund/etf that only has MSFT, GOOG, CSCO, INTC, and ORCL - you are better off buying them individually. The fact is, 5 stocks is not enough to diversify away diversifiable risk. There is no sane money manager out there that is going to have less than a dozen stocks in his fund.
2007-04-12 08:55:51 · answer #1 · answered by mukwonago53149 5 · 0⤊ 0⤋
Try investing in an ETF it trades like a stock,but has hundreds of companies in its porfolio.Check out DIA or Spy.
Best of luck.
2007-04-13 04:21:45 · answer #2 · answered by Cookie 3 · 0⤊ 0⤋
XLK holds the tech companies in the SP 500.
2007-04-12 11:28:32 · answer #3 · answered by gregory_dittman 7 · 0⤊ 1⤋
Use the stock symbol XLK
It is the technology sector that is part of the S&P 500
http://www.sectorspdr.com/index.cfm
2007-04-12 12:06:26 · answer #4 · answered by imapoor1 1 · 1⤊ 0⤋
xlk is the answer but xlk and qqqq i in teh do NOT buy camp right now. The tech rally is back in hibernation.
2007-04-12 17:36:45 · answer #5 · answered by Anonymous · 0⤊ 1⤋
What are you talking about.
2007-04-12 08:25:28 · answer #6 · answered by pretzel2222 3 · 0⤊ 1⤋
What?
2007-04-12 06:04:30 · answer #7 · answered by BosCFA 5 · 0⤊ 1⤋
sell sell sell!!!
2007-04-12 05:38:29 · answer #8 · answered by Anonymous · 0⤊ 1⤋