Part of our Foundation Fundlist ALLIANZ TECHNOLOGY TRUST PLC ORD GBP0.025

Symbol: ATT

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Invest in this share within an ISA, JISA, SIPP or Investment Account

Past Performance

  • 5th Mar 2019 to 5th Mar 202010.34%
  • 5th Mar 2020 to 5th Mar 202180.94%
  • 5th Mar 2021 to 5th Mar 2022-5.18%
  • 5th Mar 2022 to 5th Mar 2023-19.13%
  • 5th Mar 2023 to 5th Mar 202459.23%

Key Information

Benchmark N/A
Sector IT Technology & Technology Innovation
Gearing 100%
Ex-Dividend Date Unknown
Dividend Pay Date Unknown
Total Dividends - Year to Date0
Dividend Yield (%)0

Net Asset Value (Nav)

Latest actual NAV 389.06
Latest actual NAV date 29/02/2024
NAV frequency Daily
Premium/Discount -9.14%

Part of our Foundation Fundlist Part of our Foundation Fundlist
WHY IS THIS FUND ON OUR FOUNDATION FUNDLIST?

Charges

Total Ongoing Charges 
Please note that whilst we endeavour to show all charges associated with specific funds, sometimes this is not possible due to the information not being made available by the fund provider. In such cases transaction or incidental cost information may be missing.
1.1522%
Performance Fee No
AMC 0.80%
Our Platform Charge
We charge a platform fee of 0.35% per annum on the value of all stocks & shares held across all accounts, minimum £24 and maximum £240 per annum, charged pro-rata monthly in arrears. A full list of our rates and charges can be found here .
0.35%

Cost and Charges Information

This calculator provides you with costs and charges information regarding our charges and, where relevant, the costs within this investment product

Account Type

  • Investment Account
  • Stocks & Shares ISA
  • SIPP

Annual charges

These are the annual costs based on an initial investment amount of over 1 year assuming a net zero growth rate

Cost Category % of Investment lump sum costs
Our annual fee

Our annual fee

Includes our platform fee at 0.35% per annum for Funds (up to £250,000) and Stocks & Shares (min £24 max £240), plus SIPP administration fee (if applicable, only charged if <£30,000 held) - see here
0.35%
Dealing charges

Dealing charges

Any one-off commission charges associated with investing. Note that government taxes and levies are not included
N/A
Product provider costs

Product provider costs

Product provider costs shown are inclusive of the fund ongoing charges figure (OCF), transaction costs and incidental costs
1.1522%
Total (£)

Total (£)

Costs per annum displayed in monetary value
Total (%)

Total (%)

Costs per annum displayed as a percentage of investment value

Cumulative effect of charges on your investment's return

This illustration assumes that costs occur evenly throughout the year, charges are paid out of the investment evenly throughout the year, and that an annual growth rate of applies evenly throughout the year, before any charges including product charges

lump sum invested with an assumed growth rate of 1 year years
What you might get back at  with no charges applied

What you might get back at  with no charges applied

These are the illustrative values of a  investment after growth and no costs applied at the end of the defined period
Annual charges

Annual charges

These are the annual costs based on an initial investment amount of assuming a net zero growth rate
Effect of charges on return (%)

Effect of charges on return (%)

These are the overall costs in percentage terms, based on an initial investment amount of assuming a growth rate
Effect of charges on return (£)

Effect of charges on return (£)

These are the overall costs in monetary value, based on an initial investment amount of assuming a growth rate
What you might get back at with charges applied

What you might get back at with charges applied

These are the illustrative values of a investment after growth and costs at the end of the defined period

This illustration is not a forecast of future investment performance but merely a means to demonstrate the potential impact of costs and charges for an assumed return of . Whilst we make reasonable endeavours to ensure the accuracy of third party charges information, this is intended for illustrative purposes only and should not be relied upon. We do not warrant or represent that this information is accurate, complete or up to date, therefore we accept no responsibility or liability for its use

Company

Business Summary

Allianz Technology Trust PLC is a United Kingdom-based investment trust. The Company’s objective is to achieve long-term capital growth by investing principally in the equity securities of quoted technology companies on a worldwide basis. It invests in a diversified portfolio of companies that use technology in an innovative way to gain competitive advantage. The Company focuses on diversifying the portfolio across a range of technology sub-sectors. The Company’s investment portfolio includes information technology, consumer discretionary, and cash. The Company’s alternative investment fund manager is Allianz Global Investors UK Limited.

Financial Summary

BRIEF: For the six months ended 30 June 2023, Allianz Technology Trust PLC revenues increased from -£445.8M to £276.3M. Net income totaled £272.1M vs. loss of £450.3M. Revenues reflect Net Loss - Fin Instruments Fair Value increase from -£455M to £275.1M. Net Income reflects Administration expenses decrease of 4% to £491K (expense). Basic Earnings per Share excluding Extraordinary Items increased from -£1.07 to £0.68.

Performance

  • Chart Options

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      Cumulative Performance

      1 month3 months6 months1 year3 years5 years
      11.51% 25.35% 31.41% 59.23% 22.11% 143.79%

      Important Information
      Headline performance can mask the true characteristics of a fund. Without fully understanding how a fund is managed, you may inadvertently become exposed to an undesirable level of risk to your capital. Some funds carry a dilution levy which reduces the number of units realised on any initial investment as an initial charge. If this fund carries such a levy it should be detailed in the Key Investor Information Document (KIID), which we must provide and you should read before investing.

      The charts and performance data shown are supplied by an external data provider and may contain data that appears to precede the introduction of the clean unit class for this fund. In such cases, historical data has been synthesised at the entire discretion of that external provider as realistically as possible using historical data recorded against the previously available commission-paying version of the fund, adjusting for fees in the process.

      Composition

      Important Documents


      The documents listed below are the latest versions made available to our data provider by the fund management group, but may not necessarily reflect the applicable charges that would be levied should you purchase this fund via Charles Stanley Direct. You should treat the charges and other figures shown in the 'Overview' tab as accurate.

      Fund Provider Factsheet
      The Fact Sheet is supplied on a monthly basis by the management group and provides limited information on the fund. Past performance data and a review of how the fund has performed are commonly featured. &nbsp;
      FUND PROVIDER FACTSHEET
      476,183 bytes PDF Document; last updated 31 Dec 2023
      Key Information Document This document, issued by the product provider, provides key information about an investment product. The information is required by law to help potential investors understand the nature, risks, costs, potential gains and losses of the product and enable comparison with other products.
      KEY INFORMATION DOCUMENT
      160,149 bytes PDF Document; last updated 30 May 2023
      Annual Report A report published by the Fund Management Group detailing the progress of the fund during the course of the previous 12 months. The information provided includes a financial statement for the group as a whole.
      ANNUAL REPORT
      811,840 bytes PDF Document; last updated 31 Dec 2022
      Semi Annual Report Published periodically through the course of the financial year of the fund, the report provides an overview of the fund's performance and the prospects for the remainder of the year. Included are portfolio changes (i.e. which stocks have been bought and sold), and changes in the geographical breakdown during the course of the previous 12 months.
      SEMI-ANNUAL REPORT
      358,545 bytes PDF Document; last updated 30 Jun 2023

      Management Team

      Michael SEIDENBERG has managed this fund for 8 months.

      Michael SEIDENBERG Michael Seidenberg received his BS in Business Administration from the University of Colorado in 1990. He received his Master of Business Administration from Columbia Business School in 1996 with concentrations in Finance and Accounting. Prior to attending Columbia Business School, Michael worked for Roche Laboratories (a division of Hoffman LaRoche) in pharmaceutical and biotechnology sales. From 1996 2001, he worked in the software industry in a variety of roles and spent time at Oracle Corporation. He began his investing career with Citadel Investment Group in 2001 covering the software space. Over the next 8 years he broadened his coverage list to include a variety of technology sectors. Prior to joining the Global Technology team in Sept 2009, Michael worked at a number of hedge funds including Pequot Capital and Andor Capital.

      Manager Cumulative Performance v Peer Group

      Performance Graph

      Financials


      Income Statement - All values are in GBP (M).

      Year Ending

      31/12/2022

      31/12/2021

      31/12/2020

      31/12/2019

      31/12/2018

      30/11/2017

      Total Revenue -485.40 249.02 523.29 128.84 30.86 92.25
      Gross profit -492.44 240.44 492.23 124.50 22.11 89.70
      Operating Profit/Loss -493.29 239.56 491.52 123.85 21.26 89.09
      Profit Before Tax -493.29 239.56 491.52 123.85 21.26 89.09
      Profit After Tax -494.16 238.96 490.75 123.52 21.05 88.86
      Equity Holders of Parent Company -494.16 238.96 490.75 123.52 21.05 88.86
      Minority Interest NIL NIL NIL NIL NIL NIL


      Balance Sheet - All values are in GBP (M).

      Year Ending

      31/12/2022

      31/12/2021

      31/12/2020

      31/12/2019

      31/12/2018

      30/11/2017

      Total Non-Current Assets 898.94 1,428.14 1,215.54 567.93 407.90 304.96
      Total Current Assets 42.53 47.06 42.81 16.89 32.86 9.83
      Total Assets 941.47 1,475.20 1,258.35 584.83 440.76 314.79
      Total Liabilities 2.52 2.82 29.16 1.39 10.69 1.36
      Total Net Assets 938.95 1,472.37 1,229.19 583.44 430.07 313.43
      Shareholders Funds 938.95 1,472.37 1,229.19 583.44 430.07 313.43
      Minority Interests NIL NIL NIL NIL NIL NIL
      Total Equity 938.95 1,472.37 1,229.19 583.44 430.07 313.43

      Investment involves risk. You may get back less than invested.