Three year focus: Technology funds to keep an eye on
By International Adviser, 1 Jul 15
Morningstar fund analyst Samuel Meakin picks his three technology funds based on their last three years of performance.
HyunHo Sohn became the sole manager of the Fidelity Global Technology fund at the end of October 2013.
He had been co-manager since March 2013 and his involvement with the strategy dates back to 2011, when he was conducting research on global technology stocks.
He has also managed an internal global technology fund since May 2011.
Value-chain analysis is the cornerstone of the manager’s investment process, in which he buys companies he believes are best able to profit from a particular product’s life cycle, from those producing component parts right through to those selling the finished product.
Although not unique, we believe this to be an interesting approach that is considered and robust.
More importantly, we believe Fidelity has the personnel in place to resource adequately the manager’s research-intensive process.
