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10 Best Technology Mutual Funds To Invest In With Under $100,000

gopixa / Getty Images/iStockphoto
gopixa / Getty Images/iStockphoto

The technology industry continues to thrive. If you’re interested in investing in tech mutual funds, you probably want to avoid spending excess time separating the best investments from the worst.

Learn More: 10 Valuable Stocks That Could Be the Next Apple or Amazon

Find Out: 4 Genius Things All Wealthy People Do With Their Money

Forbes compiled a list of the 10 best-performing tech funds — those not open to individual investors are available via a financial advisor or retirement account. Fidelity has several funds available, as does Charles Schwab.

BlackRock Technology Opportunities Fund (BSTSX)

  • Expense Ratio: 1.17%

  • 10-Year Avg. Annual Return: 18.57%

  • BSTSX is focused on fast, sustainable growth and their holdings are estimated to be safe from rivals for 10 to 20 years. Almost 50% of shareholder funds have been invested in their top-10 holdings.

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Read Next: Charlie Munger: Why 95% of Investors Have No Chance of Beating the S&P 500 Index

Columbia Global Technology Growth Advisor (CTYRX)

  • Expense Ratio: 0.94%

  • 10-Year Avg. Annual Return: 17.66%

  • CTYRX looks for companies big on innovations, aiming for solid growth and valuations. Some of their holdings include Apple, Microsoft and Nvidia.

Fidelity Select Semiconductors Portfolio (FSELX)

  • Expense Ratio: 0.65%

  • 10-Year Avg. Annual Return: 26.53%

  • While this portfolio is only focused on one part of the industry — semiconductors — it offers impressive, if risky, returns.

T. Rowe Price Science & Technology (PRSCX)

  • Expense Ratio: 0.84%

  • 10-Year Avg. Annual Return: 15.97%

  • With a wide array of holdings and commitment to earnings and sales growth, PRSCX has outperformed its category average for the last 1, 3, 5, 10 and 15 years.

Janus Henderson Global Technology and Innovation Fund (JNGTX)

  • Expense Ratio: 0.81%

  • 10-Year Avg. Annual Return: 18.26%

  • JNGTX’s portfolio consists of large, fast-growing firms located stateside and overseas. Its earnings and sales growth and annual returns have exceeded their respective categories’ averages for several years.

Rydex Electronics Investor (RYSIX)

  • Expense Ratio: 1.39%

  • 10-Year Avg. Annual Return: 20.97%

  • This Rydex fund also has a large focus on semiconductors. Their annual returns have performed well in the last 1, 3, 5, 10 and 15 years, which helps to make up for the higher expense ratio.

Fidelity Select Technology (FSPTX)

  • Expense Ratio: 0.64%

  • 10-Year Avg. Annual Return: 19.51%

  • FSPTX’s portfolio consists of companies developing products and services associated with industry innovations. Almost 50% of the investments are in Microsoft, Apple and Nvidia.

Fidelity Select Software and IT Services Portfolio (FSCSX)

  • Expense Ratio: 0.64%

  • 10-Year Avg. Annual Return: 17.16%

  • With FSCSX, you get the benefit of lower volatility stocks paired with strong sales and earnings growth.

Columbia Seligman Technology & Information Advisor (SCIOX)

  • Expense Ratio: 0.95%

  • 10-Year Avg. Annual Return: 19.84%

  • SCIOX looks for reasonable stock prices in IT and communications. Annual returns have outperformed category averages in the last 1, 3, 5 and 10 years.

Columbia Seligman Global Technology Advisor (CCHRX)

  • Expense Ratio: 1.02%

  • 10-Year Avg. Annual Return: 20.06%

  • Rounding out the list, CCHRX has a balance of small and large stocks from well- and lesser-known companies. They feature high price volatility along with holdings predicted to be safe for 20 years or longer.

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This article originally appeared on GOBankingRates.com: 10 Best Technology Mutual Funds To Invest In With Under $100,000