Intro Guide To The USAA Science & Technology Fund (USSCX)

USAA Science & Technology (USSCX - MF reporta Zacks Ranked #1 (Strong Buy) was incepted in August 1997 and is managed by USAA Investment Management Company. USSCX seeks long-term capital appreciation. USSCX invests a lion’s share of its assets in equity securities of companies expected to benefit from the development and use of scientific and technological advances and improvements. The term 'equity securities' is generally used to include common stocks, preferred stocks, securities convertible into common stocks, and securities that carry the right to buy common stocks. USSCX may invest up to 100% of its assets in investment-grade short-term debt instruments. USSCX pays its dividends annually.

This Technology fund, as of the last filing, allocates their fund in three major groups; Large Growth, Foreign Stock and Emerging Market. Further, as of the last filing, Apple Inc, Google Inc and Cisco Systems Inc were the top holdings for USSCX.

USAA Science & Technology, managed by USAA Group , carries an expense ratio of 1.19. Moreover, USSCX requires a minimal initial investment of $3,000.

USSCX has a history of strong positive total returns for over 10 years. Specifically, the fund’s returns over the 1, 3, 5 year benchmarks; 1 year 10.48%, 3 year 21.17% and 5 year 21.02%. To see how this fund performed compared in its category, please click here.

USSCX’s performance, as of the last filing, when compared to funds in its category was in the top 1% in 1 year, top 2% over the past 3 years, and in the 2% over the past 5 years.

Get the latest research report on USSCX - FREE

Disclosure: Zacks.com contains statements and statistics that have ...

more
How did you like this article? Let us know so we can better customize your reading experience.

Comments

Leave a comment to automatically be entered into our contest to win a free Echo Show.