The firm offers a variety of funds and portfolios investing in vehicles such as equities, money market instruments, and fixed income. Clients look to BlackRock for access to mutual funds, investments focused on objectives related to retirement income and college savings, and exchange traded funds (ETFs).
Then, are technology mutual funds a good investment?
Tech stock mutual funds can be good choices for long-term investors with a high tolerance for risk. Tech is an aggressive growth stock category, so you should be comfortable with ups and downs in value that can be more pronounced than a broadly diversified fund, such as an S&P 500 Index fund.
Also question is, is Bgsax a buy?
It should be noted that a higher alpha indicates that managers of the fund, through careful stock selection, have been able to extract higher returns than the market. So it is only fair to conclude that BGSAX is worth buying, given its higher returns despite slightly higher inherent risk.