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With the Nasdaq back in record territory, here are the top 10 best-performing tech-focused funds to consider investing in

* The stock markets have seen a big resurgence since the coronavirus crisis caused a huge sell-off. * Many investors may be looking to put money into the market. * Tech stock and mutual funds are two time-tested strategies for investing. * Below is a list of the top tech-focused mutual and exchange-traded funds based on their performance over the last five years, as compiled by Morningstar Direct for Business Insider. * Click here for more BI Prime stories. If you're like many investors, the return of the Nasdaq to record territory and the rebound of other stock indices in recent weeks following the coronavirus sell-off may have you itching to put some money back into the market. But you may be wondering where exactly to put it. It's no secret that many investors have a preference for tech stocks. In recent years, these often high-growth companies have frequently outperformed the broader markets. It's also no secret that many people prefer to spread their bets or offload their investment decisions to professional managers by investing through mutual funds or exchange traded funds — mutual funds that trade like stocks — rather than buying shares of individual companies. So, if that's you, which funds should you be looking at? Well, a good place to start can be to look at those funds that have performed best over a decent period of time. As fund managers say all the time, past performance is no guarantee of future returns. But it can be an indication, particularly if a fund has done well through both ups and downs in the economic cycle. Analysts at Morningstar Direct put together for Business Insider a list of the mutual funds and ETFs that had posted the best returns over the last five years. That time period stretched through May 31, so it includes the hit the markets took from the coronavirus crisis and the partial recovery through that date. Many investors lately have been plowing their money into passively managed funds, whose holdings typically mirror particular indices. But the top four tech funds over the last five years were all actively overseen by human portfolio managers. Among the firms that posted top returns: ARK Investment Management, BlackRock, and Putnam. The return figures take into account any management or administrative fees the funds assess, but do not include charges that would be incurred when buying or selling the funds. The figures also assume that any dividends or cash distributions would have been reinvested in the fund. In reverse order, here are the top 10 performing tech-funds from the past five years: 10. Berkshire Focus Fund Ticker: BFOCX Five-year average annualized return: 21.06% Management: Active Manager: Malcolm R. Fobes Top five holdings (as of 12/31/19): Alibaba, Apple, Microsoft, AMD, Nvidia 9. Invesco Dynamic Software ETF Ticker: PSJ Five-year average annualized return: 21.1% Management: Passive Benchmark index: Dynamic Software Intellidex Top five holdings (as of 6/4/20): DocuSign, Snap, Liberty Broadband, Adobe, Microsoft 8. Janus Henderson VIT Global Technology and Innovation Portfolio  Ticker: JGLTX Five-year average annualized return: 21.15% Management: Active Managers: Denny Fish, Garth Yettick Top five holdings (as of 4/30/20): Microsoft, Apple, Amazon, Adobe, Mastercard 7. iShares PHLX Semiconductor ETF Ticker: SOXX Five-year average annualized return: 21.59% Management: Passive Benchmark index: PHLX Semiconductor Sector Top five holdings (as of 6/4/20): Nvidia, Intel, Broadcom, Texas Instruments, Qualcomm 6. Fidelity Select Software and IT Services Portfolio Ticker: FSCSX Five-year average annualized return: 21.81% Management: Active Manager: Ali Khan Top five holdings (as of 3/31/20): Microsoft, Adobe, Visa, Salesforce, PayPal 5. iShares Expanded Tech-Software Sector ETF  Ticker: IGV Five-year average annualized return: 21.99% Management: Passive Benchmark index: S&P North American Expanded Technology Software Top five holdings (as of 6/4/20): Adobe, Microsoft, Salesforce, Oracle, Intuit 4. Putnam Global Technology Fund Ticker: PGTYX Five-year average annualized return: 22.56% Management: Active Managers: Di Yao, Neil Desai Top five holdings (as of 4/30/20): Microsoft, Visa, Adobe, Nvidia, Fidelity National Information Services 3. BlackRock Technology Opportunities Fund Ticker: BGSIX Five-year average annualized return: 23.45% Management: Active Manager: Tony Kim Top five holdings (as of 4/30/20): Microsoft, Apple, Amazon, Tencent, Alibaba 2. ARK Innovation ETF Ticker: ARKK Five-year average annualized return: 25.87% Management: Active Manager: Catherine D. Wood Top five holdings (as of 6/5/20): Tesla, Square, Invitae, Crispr Therapeutics, Zillow 1. ARK Next Generation ETF Ticker: ARKW Five-year average annualized return: 30.88% Management: Active Manager: Catherine D. Wood Top five holdings (as of 6/5/20): Tesla, Square, Roku, Zillow, 2U Got a tip about the tech industry or tech investing? Contact Troy Wolverton via email at twolverton@businessinsider.com, message him on Twitter @troywolv, or send him a secure message through Signal at 415.515.5594. You can also contact Business Insider securely via SecureDrop. * Read more about tech investing: * Enterprise software companies aren't immune to COVID, and experts warn investors are underestimating how many customers might demand price cuts or peel away * We'll never see another $100 billion technology Vision Fund — from SoftBank or anyone else * A $6.4 billion market to buy and sell stakes in venture capital funds is completely frozen, and some investors in VC funds could just walk away from their stakes * Airbnb was supposed to ignite a boom of tech startup direct listings, but then the coronavirus killed the IPO market SEE ALSO: A Silicon Valley lawyer who works on tech offerings thinks the IPO window could reopen later this year. But he says only a very small group of companies will be able to go public. Join the conversation about this story » NOW WATCH: How waste is dealt with on the world's largest cruise ship
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