Funds That Will Take You Where The Action Is

They let you pick your sector--and still get plenty of diversification

So, BUSINESS WEEK has identified all the hot areas--such as technology, natural resources, and emerging markets. But you don't want the burden or risk of selecting individual stocks. You can, however, steer your money toward these high-growth sectors by choosing the right mutual funds. Although most funds are diversified and invest across dozens of industries, some take a more targeted approach.

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