Technology mutual funds are ideal for investors seeking long-term growth and impressive returns. Improving industry fundamentals and emerging technologies, such as artificial intelligence, machine learning, robotics and data science, are the key catalysts for the sector’s growth.
In addition, most funds investing in securities from the technology sector take a growth-oriented approach that focuses on companies with strong fundamentals and relatively better investment prospects. Technology has come to have a broader meaning than just hardware and software. Social media and Internet companies are now part of the technology landscape.
Below, we share with you three technology mutual funds, viz., Fidelity Advisor Semiconductors FELIX, Columbia Seligman Global Tech SHGTX and Invesco Technology Investor FTCHX. Each has a Zacks Mutual Fund Rank #1(Strong Buy) and is expected to outperform its peers in the future. Investors canclick here to see the complete list of technology funds.
Fidelity Advisor Semiconductors fund invests its assets in securities of companies principally engaged in the design, manufacture, or sale of semiconductors and semiconductor equipment, including manufacturers of semiconductor equipment and related products.
Fidelity Advisor Semiconductors has three-year annualized returns of 57.1%. As of the end of July 2026, FELIX held 56 issues, with 24.4% of its assets invested in NVIDIA Corp.
Columbia Seligman Global Tech fund invests its net assets, including borrowings, in equity securities of U.S. and non-U.S. companies in technology and technology-related industries, including information technology and communications as well as medical, environmental and biotechnology.
Columbia Seligman Global Tech fund has three-year annualized returns of 45.2%. SHGTX has an expense ratio of 1.25%.
Invesco Technology Investor fund invests its net assets (plus any borrowings for investment purposes) in securities of issuers engaged in technology-related industries and in derivatives and other instruments with similar economic characteristics.
Invesco Technology Investor has three-year annualized returns of 35.9%. Tony Hipple has been the fund manager of FTCHX since February 2026.
To view the Zacks Rank and the past performance of all Technology Mutual Funds, investors canclick here to see the complete list of Technology funds.
Want key mutual fund info delivered straight to your inbox?
Zacks’ free Fund Newsletter will brief you on top news and analysis, as well as top-performing mutual funds, each week.Get it free >>
