NEW YORK (TheStreet) -- As we head into the final days of 2011, investor confidence continues to be tested by the deluge of concerning economic news coming from regions across the globe. With Europe still embroiled in its sovereign debt woes and slowdown fears gripping emerging nations like China, U.S. investors may be temped to ring in the new year from the safety of defensive assets like cash. Despite these daunting fears, I encourage investors to avoid fleeing the markets entirely.Maintaining exposure to this market does not necessarily mean diving headfirst into risk, however. Given the shaky action we are witnessing, conservative investors looking to construct a well-balanced portfolio should be on the lookout for ways to access the safest regions of growth-correlated sectors. For example, investors looking to gain exposure to technology at this time may want to turn their attention toward the software industry. Comparing the performance of the iShares S&P North American Technology Software Index Fund ( IGV) to that of other technology-focused ETFs, it is clear that software has been a big winner in 2011. Over the past month, three months, six months, and year-to-date periods, IGV has managed to handedly outpace products including the iShares S&P North American Technology Multimedia Networking Index Fund ( IGN), and the iShares PHLX SOX Semiconductor Index Fund ( SOXX). >> Also see:
Oracle stepped up to the plate with its own report following Tuesday's closing bell. Looking to this morning, it will be interesting to see how investors respond.Red Hat and Oracle are just two of the household names comprising the fund's leading line up. Other names include Microsoft ( MSFT), Intuit ( INTU), Salesforce.com ( CRM) and Adobe ( ADBE). As I've explained on a number of occasions, maintaining a strong line of defense is essential for navigating this choppy market environment. Going overboard, however, can result in detrimental consequences. With looming concerns barraging investors at all sides, safe havens have become increasingly attractive. Those who opt to dive for cover during the final days of the year, however, will be left poorly positioned in the event that strength shines through. Setting aside a small slice of a portfolio to an ETF like IGV can allow an investor to maintain exposure to the growth-linked tech sector, while maintaining a certain element of protection.