Penelope Dobkin, who manages Fidelity Advisor Diversified International Fund, is banking on technology, health care and emerging markets

Last year, foreign investments buoyed the performance of the $5.5 billion fund Dobkin oversees, but this year the strategist is moving her focus into new sectors, like telecom and health care, Investor's Business Daily reports. In addition, Dobkin will diversify more holdings into emerging markets like India, which, is bending over backwards to attract foreign capital and showing sustained growth in consumer services and technology, she said. Dobkin said she is comfortable devoting up to 10% of the fund's assets to developing countries, a slight increase from last year.

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