Fund of the week: A unique insight into mobile tech stocks

This successful California-based tech fund profits from being close to the action.

Over the past three years, one of the top-performing technology funds has been the RCM Technology Trust fund (LSE: RTT). It has beaten its benchmark, growing by 62.7% over the past three years, compared with 53.6% for the sector average. It has also beaten the Dow Jones World Technology Index.

The fund is managed by Allianz Global Investors, with experienced manager Walter Price running it from his San Francisco office. This proximity to Silicon Valley enables Price to meet with firms around three times a week, allowing him to gain a "unique insight" into the industry.

Subscribe to MoneyWeek

Subscribe to MoneyWeek today and get your first six magazine issues absolutely FREE

Get 6 issues free
https://cdn.mos.cms.futurecdn.net/flexiimages/mw70aro6gl1676370748.jpg

Sign up to Money Morning

Don't miss the latest investment and personal finances news, market analysis, plus money-saving tips with our free twice-daily newsletter

Don't miss the latest investment and personal finances news, market analysis, plus money-saving tips with our free twice-daily newsletter

Sign up
Swipe to scroll horizontally
Google Inc5.5
Facebook Inc4.9
Tesla Motors Inc4.5
Sunpower Group Ltd3.4
Amazon Com Inc2.9
Aruba Networks Inc2.8
Micron Technology Inc2.8
Western Digital Corp2.6
Pandora Media Inc2.5
Alcatel Lucent2.1
MoneyWeek

MoneyWeek is written by a team of experienced and award-winning journalists, plus expert columnists. As well as daily digital news and features, MoneyWeek also publishes a weekly magazine, covering investing and personal finance. From share tips, pensions, gold to practical investment tips - we provide a round-up to help you make money and keep it.