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Big tech bets and cryptocurrencies power 2020 s top US funds Outsized bets on large U.S. technology companies and emerging cryptocurrencies fueled the year s top-performing U.S. mutual fund and exchange-traded funds as the coronavirus pandemic upended global markets, while funds that bet on oil and gas companies fell nearly 100per cent, according to data from fund-tracker Morningstar.
FILE PHOTO: Representations of the Ethereum virtual currency standing on the PC motherboard are seen in this illustration picture, February 3, 2018. REUTERS/Dado Ruvic/Illustration/File Photo
28 Dec 2020 02:10PM