Ima Winner/Ima Loser Tech Funds

Just about every tech fund is down, but if you're a tech believer we've found one that deserves your money.

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Let's face it, the tech sector's prolonged funk has been brutal. The average tech fund is down more than 52% over the past year, according to Chicago fund tracker Morningstar. But until very recently, the category was a cash machine, finishing each year in the black from 1985 through 1999, when the average tech fund rang up a stunning 136% gain. Many battered investors are yanking their money out of tech funds this year. But if you're a tech believer with at least a five-year time frame, you're probably trying to find a fund that won't blow up, but also won't just be a closet Nasdaq 100 index fund.

We suggest you take a look at the latest entrant to our Ima Winner Fund Club, the $400 million (DRGTX Quote)Dresdner RCM Global Technology fund. On the flip side, we urge you to think long and hard before you write a check to the $7.2 billion (PRSCX Quote)T. Rowe Price Science & Technology fund, one of the nation's largest tech funds and the newest member of our Ima Loser Fund Club.

The Winner

Few tech funds have managed to string together consistently solid returns vs. their peers, and even fewer have tenured managers. The no-load Dresdner RCM Global Technology fund has both. ...