Firsthand Technology Opportunities Fund (TEFQX)
Firsthand Technology Opportunities Fund operates in the Asset Management industry of the Financial Services sector, headquartered in San Jose, CA, US. The stock last traded at $5.24, up 0.38% on the session, giving a market capitalisation of $46.6M. Its beta of 1.98 implies it has historically moved more than the broad market.
The fund dedicates at least 80% of its total assets to investments in high-technology enterprises. The adviser defines high-technology companies as those that extensively apply engineering and/or scientific intensity in the development of their products or services. While it may acquire shares in companies of any market capitalization—small, mid, or large—the fund's strategic pursuit of nascent opportunities within the tech sector typically leads to holdings in younger businesses, often those categorized as small- or mid-cap. Notably, the fund maintains a non-diversified portfolio.
Firsthand Technology Opportunities Fund is most often compared with the following Financial Services names: