Fact sheet: DNB Technology

Fund information
Fund name
DNB Technology IA USD
Fund manager company
DNB Asset Management S.A.
Fund type
No data available.
Fund managers
  • Erling Thunesince 02/01/2008
  • Sverre Berglandsince 16/08/2007
  • Anders Tandberg Johansensince 16/08/2007
Fund objective
The fund objective is to achieve long-term capital growth by investing in a concentrated portfolio of stocks of companies operating predominately in the Technology, Media and Telecom sector.
Benchmark
No data available.
Investment style
Growth
Investment method
Shares
Quick stats
1 Year return
31.3%
1 Year rank in sector
18/30
Sector
FO Equity - Tech Media & Telecom
Yield
-
Fund size
£428m (£262m last year)
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.
120
Top in this sector
Fund name1 Year
GAM Star Technology62.5%
Fidelity Gbl Tech58.3%
Herald Worldwide56.2%
T. Rowe Price Gbl Tech Eq54.6%
Pictet Digital50.4%
...more in FO Equity - Tech Media & Telecom

Performance snapshot

Holdings snapshot

  • USA58.2%
    Germany9.2%
    Sweden8%
    UK6.9%
    China6.3%
  • Technology88.4%
    Cyclical Consumer Goods5.9%
    Industrials4.1%
    Telecommunications Utilities1.6%
  • US Equities58.2%
    German Equities9.2%
    Swedish Equities8%
    UK Equities6.9%
    Chinese Equities6.3%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund4.2%8.9%20.7%31.3%60.3%144.5%
Sector4.2%7.5%17%31.9%53.7%102.9%
Rank within sector20 / 3317 / 3212 / 3118 / 3010 / 27-
Quartile3rd3rd2nd3rd2nd
Calendar performance
 YTD - 20172016201520142013
Fund17.9%14.5%11.9%--
Sector16.7%9.9%8%11.3%26.5%
Rank within sector19 / 326 / 309 / 27--
Quartile3rd1st2nd
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.
-2.08
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.
1.18
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.
0.7
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%.
16.68
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.
7.92
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.
0.78
Price movement
52 week high161
52 week low116.15
Current bid price-
Current offer price-
Current mid price161
Region
1USA58.16%
2Germany9.2%
3Sweden7.97%
4UK6.89%
5China6.29%
6Korea2.47%
7France2.35%
8Canada2.29%
9Finland1.9%
Industry sector
1Technology88.43%
2Cyclical Consumer Goods5.88%
3Industrials4.1%
4Telecommunications Utilities1.59%
Asset type
1US Equities58.16%
2German Equities9.2%
3Swedish Equities7.97%
4UK Equities6.89%
5Chinese Equities6.29%
6South Korean Equities2.47%
7French Equities2.35%
8Canadian Equities2.29%
9Finnish Equities1.9%
Individual holdings
1ALPHABET INC8.6%
2TELEFONAKTIEBOLAGET LM ERICSSON6.21%
3MICROSOFT CORP5.67%
4FACEBOOK INC5.15%
5APPLE INC4.66%
6SAP SE3.84%
7BAIDU INC3.77%
8INTEL CORP3.75%
9WIRE CARD AG3.74%
Management
Fund manager group
DNB Asset Management
Fund manager company
DNB Asset Management S.A.
Fund type
No data available.
Fund objective
The fund objective is to achieve long-term capital growth by investing in a concentrated portfolio of stocks of companies operating predominately in the Technology, Media and Telecom sector.
Benchmark
No data available.
Investment style
Growth
Investment method
Shares
Fund managers
NameSinceBiography
Erling Thune02/01/2008Mr. Thune joined DnB NOR Asset Management's global technology team in early 2008, where he is a portfolio manager for global telecommunications operators. Mr. Thune started his career in 1993 as a financial journalist for the Norwegian Financial Daily. Between 1996 and 2000 he was Senior Vice President in charge of corporate communications at Elkjøp ASA, one of Norway's leading retail companies, before joining Telenor ASA – Norway's leading Telecom operator – in 2000, where he held the position of Head of Investor Relations; until joining DnB NOR. Mr. Thune is a graduate of the Norwegian School of Economics and Business Administration and speaks fluent English and Norwegian.
Sverre Bergland16/08/2007Sverre Bergland, focuses on Media Software and IT-Services and has worked as Portfolio Manager for DNB Asset Management since 2001. Before joining DnB NOR he worked as Financial Analyst for ABG Securities for six years. He holds a Bachelor of Business Administration (BBA) degree from the University of San Francisco and a Law degree from the University in Oslo.
Anders Tandberg Johansen16/08/2007Anders Tandberg-Johansen, focuses on Operators, Telecom equipment and Hardware, and is responsible for the risk management in the fund. He has worked as Portfolio Manager in DNB Asset Management since 1997 with a long proven track record in technology and telecom equipment. Before joining DNB he worked as Sell Side Analyst within Norwegian technology stocks at Enskilda Securities. He holds the Norwegian degree Siviløkonom (MSc in Economics and Business Administration) from BI Norwegian School of Management, Oslo.
Compliance
Transparent for Austrian Tax, UCITS IV Compliant
Domicile
No data available.
Fund for sale in
Austria, Switzerland, Germany, Finland, United Kingdom, Iceland, Lithuania, Luxembourg, Latvia, Netherlands, Offshore, Sweden
DNB Technology A EUR
Initial charge5%
Annual charge1.5%
Min single investment£1,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.59%
Total expense ratio (TER)1.59%
Bid price-
Offer price-
Mid price395.6896
CurrencyEUR
Price updated24/05/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeD1X7
DNB Technology A EUR NOK
Initial charge5%
Annual charge1.5%
Min single investment£1,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.59%
Total expense ratio (TER)1.59%
Bid price-
Offer price-
Mid price3710.025
CurrencyNOK
Price updated24/05/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeA0HC
DNB Technology A EUR SEK
Initial charge5%
Annual charge1.5%
Min single investment£1,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.59%
Total expense ratio (TER)1.59%
Bid price-
Offer price-
Mid price3846.4588
CurrencySEK
Price updated24/05/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi code07FG
DNB Technology A USD
Initial charge5%
Annual charge-
Min single investment£1,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price13.7744
CurrencyUSD
Price updated24/05/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeFWIP
DNB Technology A USD NOK
Initial charge5%
Annual charge-
Min single investment£1,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price115.55
CurrencyNOK
Price updated24/05/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeFWIN
DNB Technology A USD SEK
Initial charge5%
Annual charge-
Min single investment£1,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price119.7992
CurrencySEK
Price updated24/05/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeFWIO
DNB Technology IA EUR
Initial charge-
Annual charge-
Min single investment£1,000,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price201.2754
CurrencyEUR
Price updated24/05/2017
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeFJBB
DNB Technology IA EUR NOK
Initial charge-
Annual charge-
Min single investment£1,000,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price1887.1784
CurrencyNOK
Price updated24/05/2017
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeFJBD
DNB Technology IA EUR SEK
Initial charge-
Annual charge-
Min single investment£1,000,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price1956.5781
CurrencySEK
Price updated24/05/2017
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeFJBC
DNB Technology IA USD
Initial charge-
Annual charge1.5%
Min single investment£1,000,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price161.0027
CurrencyUSD
Price updated24/05/2017
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeFJQG
DNB Technology IA USD NOK
Initial charge-
Annual charge1.5%
Min single investment£1,000,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price1350.6109
CurrencyNOK
Price updated24/05/2017
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeFJUY
DNB Technology IA USD SEK
Initial charge-
Annual charge1.5%
Min single investment£1,000,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price1400.2787
CurrencySEK
Price updated24/05/2017
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeFJUP
Data provided by

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