Fact sheet: Allianz Tech Tst PLC

Fund information
Fund name
Allianz Technology Trust PLC
Fund manager company
Allianz Global Invtrs GmbH(UK)
Fund type
Investment Trust
Fund manager
  • Walter Pricesince 29/04/2007
Fund objective
The Trust’s objective is to achieve long-term capital growth by investing principally in the equity securities of quoted technology companies on a worldwide basis.
Benchmark
  • Dow Jones World Technology Index
Investment style
None
Investment method
Shares
Quick stats
1 Year return
19%
1 Year rank in sector
2/2
Sector
IT Tech Media & Telecomm
Yield
-
Fund size
£199m
FE Risk score
?FE Risk Scores measure the riskiness of instruments relative to the FTSE 100 index of shares. Weekly volatility is measured over three years with recent behaviour counting more heavily than earlier behaviour. Cash-type investments will have scores close to zero. Funds will tend to have scores in the 0-150 range. The FTSE 100 is always scored at 100. There is no upper limit.
139
Mid price
767.5
NAV
?Net asset value. The NAV per share may be higher or lower than the share price, which in turn is trading at either a discount or a premium to NAV.
804.12
Discount/Premium
?When the market price of an investment trust’s shares is less than the net asset value (NAV) per share then it is trading at a discount to NAV. A trust’s shares are on a premium when they trade at a higher price than the NAV.
-4.55
Gearing
?Investment trusts have the ability to borrow money which they invest with the aim of generating a higher return than the cost of the loan. An ungeared trust has a figure of 100. A figure of 110 would represent a trust with 10% gearing.
100
Top in this sector
Fund name1 Year
Polar Cap Tech Tst PLC24.8%
Allianz Tech Tst PLC19%
...more in IT Tech Media & Telecomm

Performance snapshot

Holdings snapshot

  • North America77.5%
    Far East12%
    Europe ex UK4%
    Middle East3.2%
    UK2.8%
  • Technology72.4%
    Consumer Services14.5%
    Consumer Goods4%
    Money Market3.2%
    Health Care2.6%
  • North American Equities77.5%
    Asia Pacific Equities12%
    Europe ex UK Equities4%
    Middle East & African Equities3.2%
    UK Equities2.8%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund-5.7%4.7%25.8%19%49.2%147.2%
Sector-1.3%7.4%29.7%21.9%59.6%147.6%
Rank within sector2 / 22 / 22 / 22 / 22 / 21 / 2
Quartile
Calendar performance
 YTD - 20162015201420132012
Fund19%15%7.1%63.2%8.1%
Sector23.3%11.3%13%49.1%10.4%
Rank within sector2 / 21 / 22 / 21 / 22 / 2
Quartile
Risk statistics
Alpha
?Alpha is a measure of a fund's over- or under-performance by comparison to its benchmark. If the Alpha is 5, the fund has outperformed its benchmark by 5%; so the greater the Alpha, the greater the outperformance.
-1.48
Beta
?Beta estimates a fund's volatility by comparison to that of its benchmark. A fund with a beta close to 1 means that the fund will move generally in line with the benchmark. Higher than 1 and the fund is more volatile than the benchmark and vice versa.
0.97
Sharpe
?This commonly-used measure calculates the level of return over and above the return of a notional risk-free investment, such as cash. The difference in returns is then divided by the fund's volatility. The resulting ratio is an indication of the amount of excess return generated per unit of risk.
0.69
Volatility
?Volatility (or standard deviation), when applied to an investment fund, expresses its risk. It shows how widely a range of returns varied from the fund's average return over a particular period. For example, if a fund had an average return of 5%, and its volatility was 15, this would mean that the range of its returns over the period had swung between +20% and -10%.
17.45
Tracking error
?This measures the standard deviation of a fund's excess returns over the returns of an index or benchmark portfolio. As such, it can be an indication of 'riskiness' in the manager's investment style. A Tracking Error below 2 suggests a passive approach. At 3 and above the the manager will be deploying a more active investment style.
6.42
Information ratio
?This is a useful risk-adjusted measure of actively managed fund performance. It is calculated by deducting the returns of the fund's benchmark from the fund's overall returns, then dividing the result by its tracking error. The higher the Information Ratio the better. It is generally considered that a figure of 0.5 reflects a good performance, 0.75 very good, and 1.00 outstanding.
-0.33
R-Squared
?An indication of how closely correlated a fund is to an index or a benchmark. Values for R-Squared range between 0 and 1, with 0 indicating no correlation at all and 1 showing a perfect match. Values upwards of 0.7 suggest that the fund's behaviour is increasingly linked to its benchmark.
0.86
Price movement
52 week high840
52 week low515.75
Current bid price765
Current offer price770
Current mid price767.5
Region
1North America77.5%
2Far East12%
3Europe ex UK4%
4Middle East3.2%
5UK2.8%
6Money Market0.5%
Industry sector
1Technology72.4%
2Consumer Services14.5%
3Consumer Goods4%
4Money Market3.2%
5Health Care2.6%
6Financials1.7%
7Industrials1.5%
8Utilities0.1%
Asset type
1North American Equities77.5%
2Asia Pacific Equities12%
3Europe ex UK Equities4%
4Middle East & African Equities3.2%
5UK Equities2.8%
6Money Market0.5%
Individual holdings
1MICROSOFT CORP7.4%
2ALPHABET INC6.3%
3APPLE INC6.3%
4AMAZON.COM INC5.5%
5FACEBOOK INC4.8%
6ALIBABA GROUP HLDG LTD3.4%
7WORKDAY INC3.4%
8PROOFPOINT INC3.3%
9SERVICENOW INC2.9%
Management
Fund manager group
Allianz Global Investors
Fund manager company
Allianz Global Invtrs GmbH(UK)
Fund type
Investment Trust
Fund objective
The Trust’s objective is to achieve long-term capital growth by investing principally in the equity securities of quoted technology companies on a worldwide basis.
Benchmark
  • Dow Jones World Technology Index
Investment style
None
Investment method
Shares
Fund manager
NameSinceBiography
Walter Price29/04/2007Walter Price joined RCM in 1974 and has been managing technology portfolios since 1985. He holds a BS (Hons) in electrical engineering from M.I.T. and an MS in management from the Sloan School at M.I.T. Huachen Chen holds a BS in Materials Science and Engineering from Cornel University, an MS in the same subject from Northwestern University and an MBA from University of California, Berkeley. He joined RCM in 1984 and has managed technology portfolios with Walter Price since 1990.
Compliance
AIC Member
Domicile
No data available.
Fund for sale in
United Kingdom
Allianz Technology Trust PLC
Initial charge-
Annual charge-
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price804.12
CurrencyGBX
Price updated01/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeNJIA
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