World’s Best Performing Tech Fund Is Finally Betting on Facebook

DNB Nordic Technology fund delivers average return of 16%
Making contrarian bet on Facebook, staying away from Apple

Social Media Apps And Computer Keyboards — Photographer: Chris Ratcliffe/Bloomberg

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By Jonas Cho Walsgard

September 21, 2016 at 2:23 PM UTC

Updated on

September 22, 2016 at 7:09 AM UTC

This article is for subscribers only.

For the world’s top tech fund, Facebook Inc. is finally cheap enough to buy.

DNB Nordic Technology, the best performing tech fund over the past 10 years, according to data compiled by Bloomberg, started buying Facebook shares in July.