The investment seeks capital appreciation. The fund normally invests at least 80% of assets in securities of companies principally engaged in research, design, development, manufacture, or distribution of products, processes, or services that relate to currently available or experimental hardware technology within the computer industry. It may invest in securities of foreign issuers. The fund is nondiversified. [overiew from MSN]
The investment seeks capital appreciation. The fund invests at least 80% of assets in securities of companies principally engaged in the development, manufacture, or sale of communications equipment. Emerging communications are those which derive from new technologies or new applications of existing technologies. It places less emphasis on traditional communications companies such as traditional telephone utilities and large long distance carriers. The fund may invest in securities of foreign issuers. It is nondiversified. [overview from MSN]
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