Morningstar issues warning about thematic tech investing, popularized recently by Cathie Wood
Thematic tech investing is exploding in popularity. Everyone wants to invest in funds that own clean energy, cybersecurity, electric vehicles, e-sports, robotics, 3D printing, and cloud computing.
But watch out, Morningstar warns: The majority of these funds do not outperform the markets, have high fees, high failure rates, and run the risk of too much concentration that could cause stocks to tank should investors suddenly flee the funds.
Thematic tech is growing fast
A bull market, and easy-to-understand…
