The Bailard Technology & Science Composite (the “Composite”) posted a total return of -6.51% net of fees for Q3, lagging the Morningstar U.S. Open End Technology (“OE Tech”) return of -6.01% as well as the Lipper Science and Technology Fund Index (“Lipper Sci &Tech”) return of -5.43%. The Composite also slightly trailed the top-heavy S&P North American Technology Index (“NA Tech”) by 0.19% for the quarter. Over longer measurement periods of 1, 3, 5, and 10 years, the Composite’s returns continue to lead the peer group benchmarks.
Recent Insights
Morning Macro with Dave – Hot CPI, cooler context
Weekly perspective from Bailard's Chief Investment Officer on current developments, emerging risks, and potential implications for investors.
May 19, 2026
Quarterly International Equity Strategy Q1 2026
The quarter was a tale of two markets. January and February saw international equities continue their 2025 outperformance. In March, that trend gave way to a major geopolitical shock from military strikes in the Middle East. The effective closure of the Strait of Hormuz triggered a severe energy crunch, and related knock-on effects for countries and sectors.
May 15, 2026
Morning Macro with Dave – When talented people experiment
Weekly perspective from Bailard's Chief Investment Officer on current developments, emerging risks, and potential implications for investors.
May 12, 2026
Keep Informed
Get the latest News & Insights from the Bailard team delivered to your inbox.