On this image illustration the logo of Canadian e-commerce agency Shopify Inc. is displayed on a smartphone.
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Certainly one of many excessive mutual funds of the final decade was busy in the middle of the second quarter, piling into shares of extreme flying e-commerce agency Shopify, amongst others.
The T. Rowe Price Global Technology Fund is among the many many best possible performing mutual funds of the earlier decade, returning 23% yearly over the earlier 10 years, in response to Morningstar.
The know-how centered 52-stock fund has returned virtually 40% this 12 months, due to leaders in mega-cap tech driving markets from the depths of the coronavirus market rout.
The fund’s excessive ten holdings account for virtually 40% of its internet belongings. So what has modified given that first quarter? Try the fund’s excessive holdings as of July 31, 2020.