About TEFQX
Firsthand Technology Opportunities Fund is an actively managed mutual fund that focuses on long-term capital growth through investments in high-technology companies. The fund primarily allocates at least 80% of its assets to firms that exhibit significant engineering or scientific innovation, spanning small, mid, and large-cap companies. Its portfolio often emphasizes emerging opportunities, favoring younger businesses with smaller market capitalizations within sectors such as software, semiconductors, communications, and related technology industries. As a non-diversified fund, it typically holds a concentrated selection of securities, with a notable share invested in its top holdings. The fund is managed with an approach that seeks intrinsic value, regularly evaluating factors like technological strength, product development, intellectual property, and management quality. With a legacy dating back to 1999, Firsthand Technology Opportunities Fund plays a specialized role in the financial market by offering targeted exposure to the technology sector’s innovation-driven growth potential.
Fund Family Firsthand Funds
Category Technology
Performance Rating Low
Risk Rating Above Average
Stock Exchange Nasdaq
Ticker Symbol TEFQX
Index S&P 500 TR
TEFQX had a total return of -14.63% in the past year, including dividends. Since the fund's
inception, the average annual return has been -0.51%.
