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.


Technology: a 21st century growth story

Modern history has seen a remarkable pace of change in almost every aspect of life. Look behind most of these changes and you will find something in common. Transport, energy, communications, healthcare, manufacturing, entertainment, business, education - all have been transformed by advances in technology.


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.


Hand in Hand with your Portfolio

So, why may you want to consider adding Allianz Technology Trust to your portfolio? Well, Technology stocks can offer a valuable long term complement to a portfolio of traditional equities, having outperformed the FTSE All-Share Index over one, five and ten years1. Please note, however, that past performance is no guide to future performance and the value of investments could go down as well as up.

131 May 2018

Hand in Hand with your Portfolio

Reliant on Technology

It’s worth noting that every other sector of the modern economy is reliant on technology to improve quality or productivity, maintain competitiveness or spur expansion. This gives the technology sector unique growth characteristics, although competition among technology companies may result in aggressive pricing of their products and services, which may negatively affect profitability.

The Largest Contributor to Global Economic Growth

Technology has matured as a sector since the dot com boom, developing broader, deeper markets, and has now become the single largest contributor to global economic progress. Evolving technology as a percentage contributor to world output growth has risen from 33% in the mid-20th century to 50% in modern times. And technology’s share of the S&P 500 index has jumped from 6.3% in 1990 to 25.6% in 20181.

1Source: S&P Dow Jones Indices, 2018.

The Largest Contributor to Global Economic Growth

Risks & Features

Liquidity

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%.

Derivatives

The Trust may use derivatives for investment purposes within guidelines set down by the Board.

Foreign Currency 

The Company does not currently hedge foreign currency exposure

Benchmark

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.

An Introduction to Investment Trusts

Allianz Technology Trust PLC is a listed public company that invests in other companies and is quoted on the London Stock Exchange. 

Learn more

Broadcast Hub

Access the latest broadcast content here, including interviews with the Manager.

Learn more

Glossary

A brief explanation of some of the most common investment trust terms. 

Learn more

Allianz Global Investors

Allianz Global Investors is one of the world’s leading active investment managers. Understanding our clients’ needs in order to act to their best advantage is embedded in our business, using our insightfulness to partner with clients and to drive performance.

Allianz Global Investors works for many clients around the world. From pension funds, large and small, to blue-chip multinationals, from charitable foundations to families, individuals and their advisers. We have created a business that enables us to meet the demands of our clients on a local basis and that empowers our investment managers to focus on achieving strong and consistent investment results.

© Allianz Global Investors GmbH 2018, Registered Office: Frankfurt am Main, Register: HRB 9340, Local court: Frankfurt am Main. All Rights Reserved. Allianz Technology Trust PLC is incorporated in England and Wales. (Company registration no. 3117355). Registered Office: 199 Bishopsgate, London, EC2M 3TY. VAT registration no. 678 1784 81. The Company is a member of the Association of Investment Companies - Category: Sector Specialists - Technology, Media & Telecoms.