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The technology that most Americans are exposed to on a daily basis
comes in the form of end products such as televisions, radios, personal
computers, and cell phones. The technology that is not as obvious to the individual investor is the supporting infrastructure or the research and
development necessary to satisfy the continuous demand for technology
innovation.
New products and applications are constantly emerging that directly affect
our lives, and yet there is still tremendous opportunity within the
industry. The Baby Boomers have embraced and are driving demand for
technology. Thus, we believe in technology investing for the long term.
Disclaimer
Investment results will vary. These
examples are used to illustrate why the Advisor utilizes
these industries as the core of the asset allocation
model, and is no way intended to suggest that the fund
performance will replicate the performance of these
industries.
There are risks involved with investing in these industries
which may be adversely affected by changes in economic
conditions as well as legislative initiatives, all of
which may impact the profitability of companies in this
industry.
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