October 19, 2020 "Party Like It's 1999: Could These Tech-Heavy Mutual Funds Be Headed for a Crash?"
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by Mallika Mitra Tech and communication stocks like Facebook and Apple have had a really good year — and could be taking up way more space in some of your mutual funds than you realize. On average, the tech and communications sectors make up about 34% of U.S. large blend funds, according to Morningstar. That’s slightly shy of their 39% share of the S&P 500. But that hasn’t stopped some fund managers from upping the exposure even more, in some cases well above benchmarks.
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