This fund has a very high-quality portfolio. Some 74% of IXN's investments are in companies that have economic moats--firms that Morningstar's equity analysts believe have durable competitive advantages.
The top holdings in this fund have strong balance sheets, which should support continued investment in research-and-development and growth strategies.
IT spending has been generally resilient, and worldwide is forecast to grow 4.1% in 2013, according to the Gartner Group. Read more