They have been very active outside the U.S.. That has been a key source of performance.

That was our worst defensive performance all year. There's no excuse for it. You have to make the plays.

It's been a sector with mixed results. If you have a tech fund manager who is a good stock picker, and who has proven to be good at picking out values when they're there, and also being able to see growth as it starts to happen, investors could be well off.

This vote was a test.

These resolutions are an expression of the will of the people that is simply not being heard on Capitol Hill. This is direct democracy, and it gives average Americans a microphone to say 'I am frustrated, I want my tax dollars spent in my own town, I want our children back home.' It's a unique and exciting new avenue for regular people to make their voices heard.

We really like this fund and believe it would pair very nicely with a growth fund in an individual's portfolio.