Technology

Why invest in Information and Technology

Information and Technology sector comprises of companies which are engaged in production of electronics, computer hardware, software and services relating to technology like internet etc.These companies are part of  the fastest growing sector in the world today. Technology sector has contributed to increased productivity across the board and is an essential component in the development of any economy . The main driving force behind the success of these companies has been constant innovation and inventions , creating new sources of revenue. Sector invests heavily in research and development . Companies tend to be more growth oriented.

 Key indicators to consider before investing

Top 5 ETF’s by Market Capitalization

Name of the Fund Ticker Symbol /Total AUM* Year of Inception Expense Ratio
 Technology Select Sector SPDR  XLK  12/16/1998  0.14%
 Vanguard Information Technology VGT  01/24/2006  0.10%
 First Trust DJ Internet Index FDN  06/19/2006  0.54%
 iShares Dow Jones US Technology IYW  05/15/2000  0.44%
 iShares S&P NA Technology Sector Index  IGM  03/13/2001  0.48%

 

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