Investors in technology TRIPLED their money

TECHNOLOGY has been the most profitable investment of the past decade, with smartphones, electric cars and social media among the major advancements.

On average, savers who put money into a technology fund have seen their stake rise by 248.1pc, turning £10,000 into £34,810, according to research by stockbroker Hargreaves Lansdown.

Candriam Equities L Biotechnology, a specialist fund investing in medical firms, has turned £10,000 into an impressive £71,900.

Had you invested £10,000 in the best-performing general technology fund, AXA Framlington Global Technology, ten years ago, you would be sitting on £39,480.

Legg Mason IF Japan Equity, the best performing Japanese fund of that period, has turned £10,000 into £53,970.