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.
Allianz Technology Trust invests principally in quoted technology companies on a worldwide basis with the aim of achieving long-term capital growth. The trust is managed from San Francisco by Walter Price and Huachen Chen, who have been working together for 30 years and have in depth knowledge of the sector. We like how the trust is managed without reference to any benchmark. It has tended to perform at its best when small and medium sized technology companies are leading the market, and will potentially underperform when larger technology companies outperform.
Allianz Technology Trust PLC is a United Kingdom-based closed-end fund. The Company is an investment company. The Company invests principally in the equity securities of quoted technology companies on an around the world basis with the aim of achieving long-term capital growth in excess of the Dow Jones World Technology Index. The investment policy of the Company is to invest in a portfolio of companies that use technology. Its portfolio is concentrated in approximately 60 stocks. It focuses on diversifying the portfolio across a range of technology sub-sectors. Its portfolio sectors include automobiles, communications equipment, electronic equipment instruments and components, healthcare technology, Internet and direct marketing retail, Internet software and services, information technology (IT) services, media, semiconductors and semiconductor equipment, software, and technology hardware storage and peripherals. The Company's investment manager is Allianz Global Investors GmbH.
BRIEF: For the six months ended 31 May 2018, Allianz Technology Trust PLC revenues increased 17% to £67.2M. Net income increased 11% to £61.9M. Revenues reflect Gains on investments held at fair value increase of 16% to £65.7M, Realized Foreign Exchange G/L - Capital increase from -£242K to £749K. Net income was partially offset by Administration Expenses increase of 16% to £347K (expense).
Add a sector as a comparatorAdd an index as a comparatorAdd a share as a comparator
Add a moving average as a comparatorAdd a lower indicator as a comparatorChart StyleCurrent Comparators
Headline performance can mask the true characteristics of a fund. Without fully understanding how a fund is managed, you may inadvertanly 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 graphs shown are supplied by an external data provider and may contain data that appears to preced the introduction of the clean unit class for this fund. In such cases, historial 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.
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.
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.
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.
3,533,259 bytes PDF Document; last updated 30 Nov 2017
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.
has managed this fund for 11 years and 7 months.
Walter Price is a CFA charter-holder, Managing Director, Senior Analyst, and Portfolio Manager on the AllianzGI technology team in San Francisco. Walter received his BS with Honours in electrical engineering from M.I.T. and his BS and MS in management from the Sloan School at M.I.T. In 1971 he joined Colonial Management, an investment advisory firm in Boston, where he became a senior analyst responsible for the chemical industry and the technology area. He joined AllianzGI in 1974 as a senior securities analyst in technology and became a principal in 1978. Since 1985, he has had increasing portfolio responsibility for technology stocks and has managed many technology portfolios. Walter is a current Director and past president of the M.I.T. Club of Northern California. He also heads the Educational Council for M.I.T. in the Bay Area and is a past Chairman of the AIMR Committee on Corporate Reporting for the computer and electronics industries.
Manager Cumulative Performance v Peer Group
Income Statement - All values are in GBP (M).
Profit Before Tax
Profit After Tax
Equity Holders of Parent Company
Balance Sheet - All values are in GBP (M).
Total Non-Current Assets
Total Current Assets
Total Net Assets
The value of investments can fall as well as rise. Investors may get back less than invested. Past performance is not a reliable guide to future returns.
Please contact us if you have any questions.