Welcome to the first installment of
The Daily Screen
. Each weekday,
will focus on a different fund category, screening a fund group for offerings that beat their average peers during the past one- and three-year periods, according to
. We'll list the top 10, ranked by one-year return.
We'll also look under the hood of these hot funds and show you what's driving performance -- publishing a table of the 10 stocks with the biggest representation among our winners' combined portfolios.
Our inaugural edition focuses on tech-sector funds that best the competition over one- and three-year periods -- an eternity when judged in Internet time. Of the 35 tech funds with a three-year record -- most of the more than 100 tech funds out there are fairly recent additions -- only nine make the cut.
A look at the top holdings speaks volumes: no
; these aren't your father's tech stocks. The collective top-three holdings are network-equipment shop
, software maker
and semiconductor concern