It’s not out of the question that we’ll see more profit taking in the quiet summer months, so this approach seems sensible.
And of course, technology globally spans almost every area of our life these days – and therefore every other sector. So there are a number of ways to invest.
For example, Asia now has the STATs (to rival the FANGs), which are also looking better value. They are Samsung Electronics, Tencent, Alibaba and Taiwan Semiconductor. Schroder Asian Alpha Plus invests in these stocks.
Stewart Investors Asia Pacific Leaders and First State Greater China Growth also have a decent weighting to the tech sector.
More globally, funds like Baillie Gifford Global Discovery and Rathbone Global Opportunities have made good money from tech-related holdings.
Then there is the healthcare sector, which is catching up on technology we take for granted in other areas, from being able to book a doctor’s appointment on line – which isn’t possible still in many cases – right through to using 3D printing to make braces.
Polar Capital Healthcare Opportunities is a fund we like taking advantage of these trends.
