Firsthand Technology Opportunities Fund (TEFQX)

8.26
Net Asset Value
-1.55%
1 Day
+1.47%
Year-to-Date
Overall Morningstar Rating
Technology
Style or Category
No Load
Sales Expenses
1.86%
Expense Ratio
Below Average
Morningstar Risk Rating™
Investment Objective The investment seeks long-term growth of capital. The fund invests at least 80% of the assets in high-technology companies. The adviser considers a high-technology company to be one that employs a relatively high degree of engineering and/or scientific intensity to deliver its products or services. It may purchase stocks of small-, mid-, and large-cap companies. Due to the fund's focus on emerging opportunities within the technology sector, its investments tend to include younger companies with market capitalizations in the small- or mid-cap categories. The fund is non-diversified.

Performance

1 month-0.96% 3 years+16.39%
3 months+4.90% 5 years+15.35%
1 year+11.75% Since inception-0.59%
Data through --

Peer Comparisonvs. Technology

 TEFQXCategory
Performance 5-yr return+15.35%+13.59%
Expense ratio1.86%1.58%
Risk 5 year sharpe ratio0.920.83
Net assets$109.0M$805.8M
Average market cap$28.7B$40.0B
Average P/E32.922.8
Portfolio turnover21%21%

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Fund Management and Purchase Info

Fund familyFirsthand Funds
Fund manager & tenureKevin Landis / 15 Years
Minimal initial investment$2,000.00
Minimum IRA investment$2,000.00

Holdings

U.S. stock76.16%
International stock13.43%
Cash10.41%
Fixed income0.00%
Other0.00%
Top 5 Sectors
Portfolio weighting
Business service 23.54%
Telecommunication 17.97%
Hardware 14.71%
Consumer service 6.84%
Consumer goods 4.82%
Top 10 Holdings
Portfolio weighting
AAPL Apple Inc6.68%
AMZN Amazon.com Inc5.52%
FB Facebook Inc Class A5.41%
QCOM Qualcomm Inc4.80%
-- Tencent Holdings Ltd.4.77%
LRCX Lam Research Corp4.47%
TWTR Twitter Inc4.41%
P Pandora Media Inc4.13%
AMBA Ambarella Inc3.74%
BIDU Baidu Inc ADR3.73%

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