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The Big Screen: Tempting Tech Funds?

 

In a way, tech funds are a lot like mercurial actor Robert Downey Jr.: Both look a little rough right now, but we can't take our eyes off them.

Screen Gems:
High Returns, Low Fees
Saturday Screen Roundup
Financial Services Funds
Small-Cap Growth Funds
Mid- Cap Growth Funds
Large-Cap Growth Funds
Tech Funds

Big-cap growth stocks in general, and tech stocks in particular, fueled the bull run of the late 1990s, leading to 1999's crescendo where the average tech fund rang up a stunning 135% gain. Then thin-air valuations and slowing demand for tech products led to a meltdown for the sector. The average tech fund lost one-third of its value in 2000, worst among all U.S. stock fund categories, according to Morningstar. ...

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