Banks are known more for managing bond and money market mutual funds than for high-flying technology funds. Yet a fund managed by Chicago's Northern Trust Co. ranks among the top-performing technology portfolios in the country.

The bank's Northern Technology Fund had a 20.45% return for the three months ended Oct. 31, according to a study by CDA-Wiesenberger, Rockville, Md. The average technology fund returned 11% during these three months, CDA said.

Limited Time Offer

Save $400 off your subscription. Special offer ends April 30, 2017.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.