SINGAPORE (Jan 15): In our story Proxies for cloud computing growth, we flag companies that could benefit from a boom in cloud computing. One way to gain diversified exposure to these companies is via active and passive funds. Active funds seek to beat the market while passive ones aim to track the market’s returns.

See: Proxies for cloud computing growth

In the active space, there are 14 technology-focused retail funds available for sale in Singapore, according to Lipper data (see ­table). Performances vary, with five-year annual returns ranging from 12.7% to 23.3% in Singapore dollar terms. The funds’ total expense ratios average 1.98%. The TER measures the total costs associated with managing and operating a fund every year.

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