Technology sector has been one of the market leader for the past 3 years. Investing in best technology sector funds should be part of investor portfolio. One of the best rated funds is HighMark NYSE ArcaTech 100 index fund. I have provided the fund's review below.
HighMark NYSE ArcaTech 100 Index A (MUTF: PPTIX)
The HighMark NYSE ArcaTech 100 Index fund objective is to seek to track the total return of the NYSE Arca Tech 100 Index, before deducting for fund expenses. This HighMark fund invests majority all of its assets in substantially all of the component securities included in the NYSE Arca Tech 100 Index. The NYSE Arca Tech 100 Index, which consists of at least 100 individual technology-related securities, is a price-weighted index of stocks of companies from different industries that produce or deploy innovative technologies to conduct their business. It may also invest 5% of assets in cash.
PPTIX Fund Details
HighMark NYSE ArcaTech 100 Index A (MUTF: PPTIX)
HighMark NYSE ArcaTech 100 Index |
PPTIX Fund Details
- Fund Inception Date: June 10, 1996
- Ticker Symbol: PPTIX
- CUSIP: 431113836
- Beta (3yr): 0.98
- Rank in category (YTD): 8
- Category: Technology
- Distribution: 0.0%
- Sales Load: 5.50%
- Capital Gains: N/A
- Number of Years Up: 10 years
- Number of Years Down: 4 years
- Total Net Assets: $217.62 million