Fact sheet: DNB Technology

Fund information
Fund name
DNB Technology IA (USD) Cap USD
Fund manager company
DNB Asset Management S.A.
Fund type
No data available.
Fund managers
  • Erling Thunesince 02/01/2008
  • Sverre Berglandsince 15/08/2007
  • Anders Tandberg Johansensince 15/08/2007
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
11%
1 Year rank in sector
7/30
Sector
FO Equity - Tech Media & Telecom
Yield
-
Fund size
£358m (£163m 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.
124
Top in this sector
Fund name1 Year
Fidelity Gbl Tech35%
Pictet Digital29.8%
Herald Worldwide25.5%
Aberdeen Gbl Technology Eq20.9%
GAM Star Technology17.7%
...more in FO Equity - Tech Media & Telecom

Performance snapshot

Holdings snapshot

  • USA57.3%
    UK7.9%
    Sweden7.7%
    Germany6.9%
    China5.5%
  • Technology86.6%
    Cyclical Consumer Goods10.6%
    Telecommunications Utilities1.7%
    Industrials1.2%
  • US Equities57.3%
    UK Equities7.9%
    Swedish Equities7.7%
    German Equities6.9%
    Chinese Equities5.5%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund1.8%-2.4%7%11%--
Sector1.3%-0.2%8.7%5.4%33.6%76.6%
Rank within sector8 / 3224 / 3217 / 307 / 30--
Quartile1st3rd3rd1st
Calendar performance
 YTD - 20162015201420132012
Fund11.9%11.9%---
Sector7.6%8%11.3%26.5%10%
Rank within sector9 / 308 / 27---
Quartile2nd2nd
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.
-
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.
-
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.
-
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%.
-
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.
-
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.
-
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.
-
Price movement
52 week high139.11
52 week low103.07
Current bid price-
Current offer price-
Current mid price133.47
Region
1USA57.29%
2UK7.91%
3Sweden7.67%
4Germany6.93%
5China5.53%
6France3.5%
7Korea3.01%
8Canada2.58%
9Norway2.55%
Industry sector
1Technology86.58%
2Cyclical Consumer Goods10.6%
3Telecommunications Utilities1.65%
4Industrials1.17%
Asset type
1US Equities57.29%
2UK Equities7.91%
3Swedish Equities7.67%
4German Equities6.93%
5Chinese Equities5.53%
6French Equities3.5%
7South Korean Equities3.01%
8Canadian Equities2.58%
9Norwegian Equities2.55%
Individual holdings
1TELEFONAKTIEBOLAGET LM ERICSSON7.08%
2ALPHABET INC6.7%
3PLAYTECH PLC6.63%
4MICROSOFT CORP6.6%
5SAP SE5.09%
6APPLE INC5.07%
7FACEBOOK INC4.43%
8ORACLE CORP3.5%
9SAMSUNG ELECTRONICS CO2.87%
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 Bergland15/08/2007Sverre 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 Johansen15/08/2007Anders 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 Cap 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 price3345.8921
CurrencySEK
Price updated07/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi code07FG
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 price342.7536
CurrencyEUR
Price updated07/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeD1X7
DNB Technology A 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 price3084.6453
CurrencyNOK
Price updated07/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeA0HC
DNB Technology A USD
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 price11.4535
CurrencyUSD
Price updated07/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeFWIP
DNB Technology A USD NOK
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 price96.1356
CurrencyNOK
Price updated07/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeFWIN
DNB Technology A USD SEK
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 price104.2775
CurrencySEK
Price updated07/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeFWIO
DNB Technology IA (USD) Cap NOK
Initial charge-
Annual charge1.5%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price1120.2848
CurrencyNOK
Price updated07/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeFJUY
DNB Technology IA (USD) Cap SEK
Initial charge-
Annual charge1.5%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price1215.1647
CurrencySEK
Price updated07/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeFJUP
DNB Technology IA (USD) Cap USD
Initial charge-
Annual charge1.5%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price133.4692
CurrencyUSD
Price updated07/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeFJQG
DNB Technology IA Cap EUR
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 price173.9675
CurrencyEUR
Price updated07/12/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeFJBB
DNB Technology IA Cap NOK
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 price1565.6383
CurrencyNOK
Price updated07/12/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeFJBD
DNB Technology IA Cap SEK
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 price1698.2364
CurrencySEK
Price updated07/12/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeFJBC
Data provided by

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