Despite an average 14 percent decline in performance among science, technology and telecommunications funds during April, fund companies continue to introduce technology funds. The average mutual fund declined 3.3 percent in value during April.

On May 1, Franklin-Templeton Distributors of San Mateo, Calif., introduced the Franklin Technology Fund, while Neuberger Berman Management of New York came out with the Neuberger Berman Technology Fund.

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