Rebounding from the technologytumble

The past 18 months have clearly been pretty horrific for the technology sector. But what may come as a surprise to most people is that the sector is not actually down when you take a three-year view. More importantly, when looking at the average technology unit trust over this three-year period, it is actually up some 10%, equal to the average return of all unit trusts. In the shorter-term, technology has obviously not fared as well. However, it is important to understand what went wrong in order to understand what the future holds. To do this, it is vital to look at both the supply of a...