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Top technology sector mutual funds of 2009
By The Associated Press

04:38:04 PM (ET), Thursday, December 17, 2009
Mutual funds specializing in technology stocks have been the top-performing U.S. stock fund category this year with an average return of 57 percent. Below are the three best performers, excluding those that have less than $100 million in assets or aren't available to individual investors:


TOP TECH FUNDS

FUND: Fidelity Select Technology (FSPTX)

ASSETS: $1.9 billion

EXPENSE RATIO: 0.89 percent

YEAR-TO-DATE RETURN: 83 percent

AVERAGE ANNUAL RETURN, PAST THREE YEARS: 2 percent

PAST FIVE YEARS: 4 percent

MINIMUM INITIAL INVESTMENT: $2,500

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FUND: Fidelity Select Electronics (FSELX)

ASSETS: $1 billion

EXPENSE RATIO: 0.88 percent

YEAR-TO-DATE RETURN: 76 percent

AVERAGE ANNUAL RETURN, PAST THREE YEARS: minus 3 percent

PAST FIVE YEARS: 2 percent

MINIMUM INITIAL INVESTMENT: $2,500

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FUND: T. Rowe Price Global Technology (PRGTX)

ASSETS: $208 million

EXPENSE RATIO: 1.32 percent

YEAR-TO-DATE RETURN: 75 percent

AVERAGE ANNUAL RETURN, PAST THREE YEARS: 3 percent

PAST FIVE YEARS: 6 percent

MINIMUM INITIAL INVESTMENT: $2,500



SOURCE:

Morningstar Inc.


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