Why Allianz Technology Trust?
Allianz Technology Trust invests in a diversified, but focused portfolio of companies that use technology in an innovative way to gain a competitive advantage. Particular emphasis is placed on companies that are addressing major growth trends with innovation that replaces existing technology or radically changes products and services and the way in which they are supplied to customers.
The Manager aims to invest in the most attractive technology shares globally, seeking to identify the leading companies in emerging technology growth sub-sectors.
Why Invest?
Technology is a specialist field and it takes a manager who can call upon experience, an extensive network and the strongest research and analytical tools to spot the trends behind the headlines and to identify the potential tech winners. We believe that the case for strong relative performance from the technology sector remains robust.
Why Investment Trusts?
Allianz Technology Trust PLC (ATT) is an independent company listed on the London Stock Exchange whose investment trust structure provides access to a diversified portfolio.
Investment trusts own shares in a variety of different companies. So buying shares in ATT will effectively give you a diversified portfolio of technology companies. This spreads your risk, as you are not reliant on the success of just one or two companies. And buying shares in an investment trust can be less costly than purchasing the underlying stocks individually.
ATT’s investment manager is accountable to the Trust’s board of directors. The board is completely autonomous and ensures that the interests of shareholders are looked after. The ATT board of directors aims to provide investors with the reassurance of a diligent environment of checks and balances; they also provide the Trust with invaluable knowledge and economic insight, as well as having the final say on deciding on the dividends to be paid to shareholders.
Risks & Features
In normal market conditions gearing will not exceed 10% of net assets but may increase to 20%. The Company’s Articles of Association limit borrowing to one quarter of its called up share capital and reserves.
In normal market conditions the liquidity of the portfolio, that is the proportion of the Company’s net assets held in cash or liquid investments, will not exceed 15% of net assets but may be increased to a maximum of 30%.
The Trust may use derivatives for investment purposes within guidelines set down by the Board.
The Company does not currently hedge foreign currency exposure
Dow Jones World Technology Index Sterling Adjusted Total Return.
Learning about Investment Trusts
If you’re new to investment trusts, explore below and in the Education Centre to learn more about how investment trusts work.
