Our 6 ‘Best Buys Now’ Shares Tom Rodgers | Thursday, 28th May, 2020 | More on: SMT Image source: Getty Images Why I’d invest £20k in rocketing FAANG stocks with this FTSE 100 fund I’m sure you’ll agree that’s quite the statement from Motley Fool Co-Founder Tom Gardner.But since our US analyst team first recommended shares in this unique tech stock back in 2016, the value has soared.What’s more, we firmly believe there’s still plenty of upside in its future. In fact, even throughout the current coronavirus crisis, its performance has been beating Wall St expectations.And right now, we’re giving you a chance to discover exactly what has got our analysts all fired up about this niche industry phenomenon, in our FREE special report, A Top US Share From The Motley Fool. Enter Your Email Address Simply click below to discover how you can take advantage of this. Tom Rodgers owns shares in Scottish Mortgage Investment Trust. John Mackey, CEO of Whole Foods Market, an Amazon subsidiary, is a member of The Motley Fool’s board of directors. Suzanne Frey, an executive at Alphabet, is a member of The Motley Fool’s board of directors. Teresa Kersten, an employee of LinkedIn, a Microsoft subsidiary, is a member of The Motley Fool’s board of directors. Randi Zuckerberg, a former director of market development and spokeswoman for Facebook and sister to its CEO, Mark Zuckerberg, is a member of The Motley Fool’s board of directors. The Motley Fool UK owns shares of and has recommended Alibaba Group Holding Ltd., Alphabet (A shares), Alphabet (C shares), Amazon, Apple, Facebook, Microsoft, Netflix, NVIDIA, and PayPal Holdings. The Motley Fool UK has recommended Intel and recommends the following options: long January 2021 $85 calls on Microsoft, short January 2021 $115 calls on Microsoft, short January 2022 $1940 calls on Amazon, long January 2022 $1920 calls on Amazon, and long January 2022 $75 calls on PayPal Holdings. Views expressed on the companies mentioned in this article are those of the writer and therefore may differ from the official recommendations we make in our subscription services such as Share Advisor, Hidden Winners and Pro. Here at The Motley Fool we believe that considering a diverse range of insights makes us better investors. Facebook. Amazon. Apple. Netflix. Google. Collectively known as FAANG, these tech stocks are flying at the moment. And yes, they’re US stocks, but there’s a FTSE 100 fund I’ve got in mind for you today to get you a slice of the action.The drivers for massive revenues for Netflix and Amazon are fairly obvious with lockdown affecting a third of the world’s population. And Facebook is powering ahead, doubling its profits from a year ago.5G is here – and shares of this ‘sleeping giant’ could be a great way for you to potentially profit!According to one leading industry firm, the 5G boom could create a global industry worth US$12.3 TRILLION out of thin air…And if you click here we’ll show you something that could be key to unlocking 5G’s full potential…How to buy techBut if you want one of the FAANG stocks individually, you’ll have to fill out a W8-BEN form with your Stocks and Shares ISA provider. You’ll also be at the mercy of the US dollar, as these companies report all their earnings in the mighty greenback.And when the pound is weak against the dollar, you’ll pay proportionally more for these search engine, social media, streaming and mobile giants.Sharpen your FAANGA much easier way to profit from the world’s biggest tech stocks is to invest in a specialist FTSE 100 fund.Buying funds in a Stocks and Shares ISA instead of individual shares comes with one other obvious benefit. You’ll pay a management fee, around 0.5% of your holdings each year. But funds are usually free to buy and sell in a Stocks and Shares ISA. You’ll avoid expensive commission charges, and gains are tax-free, which means you get to keep more of them.Scottish Mortgage Investment Trust (LSE:SMT) is the only investment trust large enough to be listed on the FTSE 100. It is growing its dividends per share. And its major shareholdings are in tech stocks.The results have been pretty stellar for my portfolio: it’s up 172% in the last five years alone.Amazon is its second-largest holding at 8.2%. With a total fund size north of £11bn, that’s a pretty sizeable slice of the e-commerce giant. Also on the list is Netflix at 2.78% of the fund.At the time of writing, SMT is trading at a 4% premium to its Net Asset Value, around 730p. I’m looking to load up when the SMT share price has retreated a little, to ensure I’m getting value for money.Happily, there are other popular funds that own portions of booming tech stocks. I’ll tell you which I think are the best buys.Fund your futureOne exceedingly popular choice is Terry Smith’s flagship Fundsmith Equity fund. That’s probably because it’s returned 132% in the last five years. It’s even larger than SMT, with £18bn of holdings.Facebook sits high in its top 10 shareholdings, amid other mega-cap tech picks like Microsoft and Paypal.For a more pure FAANG experience you could consider Polar Capital Global Technology. Its annual return over the last four years has been large, ranging from 10% to 63%.And it has one of the best allocations to capture the giant growth of US and Chinese tech. Its top 10 holdings include Microsoft, Alibaba, Apple, AMD, Amazon, Tencent, Alphabet (Google’s owner), and the chipmakers Nvidia and Intel.Polar’s nine investment managers base their buying philosophy on earnings and cash flow growth, and there’s plenty to go around.If you want to grab a slice of profit from FAANG or other top tech stocks, this is the easy way to do it. See all posts by Tom Rodgers “This Stock Could Be Like Buying Amazon in 1997” Click here to claim your copy now — and we’ll tell you the name of this Top US Share… free of charge! I would like to receive emails from you about product information and offers from The Fool and its business partners. Each of these emails will provide a link to unsubscribe from future emails. More information about how The Fool collects, stores, and handles personal data is available in its Privacy Statement. Renowned stock-picker Mark Rogers and his analyst team at The Motley Fool UK have named 6 shares that they believe UK investors should consider buying NOW.So if you’re looking for more stock ideas to try and best position your portfolio today, then it might be a good day for you. Because we’re offering a full 33% off your first year of membership to our flagship share-tipping service, backed by our ‘no quibbles’ 30-day subscription fee refund guarantee.