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Deep Dive: Fund manager profited from tech, says now is time to focus on health-care sector

As we continue our series of interviews with mutual-fund managers who have been beating the market, it’s fascinating to see how different styles can lead to similar results.

The first two funds in the series — the T. Rowe Price Global Technology FundPRGTX, +1.01% and the Columbia Global Technology Growth FundCMTFX, +1.22% — have had the benefit of being focused on the sector of the S&P 500 SPX, -0.72% that has had, by far, the strongest return over the past three years.

But the $4.4 billion Parnassus Endeavor Fund PARWX, +0.41% isn’t limited to any one sector and has put up excellent numbers.

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