Fact sheet: Henderson Global Technology

Fund information
Fund name
Henderson Global Technology I Acc
Fund manager company
Henderson Global Investors Ltd
Fund type
OEIC
Fund managers
  • Richard Clodesince 01/11/2014
  • Stuart O'Gormansince 01/01/2001
Fund objective
To aim to provide capital growth by investing in companies worldwide that derive, or are expected to derive, profits from technology.
Benchmark
  • MSCI All Countries World Information Technology
Investment style
Growth
Investment method
Shares
Quick stats
1 Year return
45.8%
1 Year rank in sector
4/7
Sector
UT Technology & Telecoms
Yield
0.1%
Ongoing charge (OCF)
?A fund’s ongoing charges figure (OCF) is similar to the old-style total expense ratio. It reflects the annual charge to investors in the fund, in percentage terms, but does not include extra performance-related fees (where these are levied) or the fund’s trading expenses on its underlying investments.
0.85%
Fund size
£653m (£472m 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.
117
Mid price
1576
Top in this sector
Fund name1 Year
AXA Framlington Gbl Tech49.2%
Neptune Global Technology46%
L&G Gbl Technology Idx Trst45.9%
Henderson Global Technology45.8%
Cavendish Technology44.9%
...more in UT Technology & Telecoms

Performance snapshot

Holdings snapshot

  • USA80.5%
    China7%
    Korea4.9%
    Money Market2.6%
    Finland1.6%
  • Internet29.5%
    Software16.5%
    Hardware16.3%
    Semi Conductors13.4%
    Information Technology12.2%
  • US Equities80.5%
    Chinese Equities7%
    South Korean Equities4.9%
    Money Market2.6%
    Finnish Equities1.6%

Fund also available on these pension platforms:

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund2.7%11.9%16.9%45.8%90.6%117.6%
Sector2%9.9%13.4%41%66.8%105.5%
Rank within sector1 / 73 / 72 / 74 / 73 / 63 / 6
Quartile1st2nd2nd3rd2nd2nd
Calendar performance
 YTD - 20172016201520142013
Fund12.4%27.7%11%18.3%24.3%
Sector10.2%25.2%8%14%28.3%
Rank within sector3 / 75 / 74 / 63 / 65 / 6
Quartile2nd3rd3rd2nd4th
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.
3.36
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.
1.07
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.
1.25
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%.
14.57
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.
4.06
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.
1.06
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.
0.92
Price movement
52 week high1600
52 week low1043
Current bid price-
Current offer price-
Current mid price1576
Region
1USA80.5%
2China7%
3Korea4.9%
4Money Market2.6%
5Finland1.6%
6UK1.3%
7France0.7%
8Netherlands0.5%
9Russia0.5%
Industry sector
1Internet29.5%
2Software16.5%
3Hardware16.3%
4Semi Conductors13.4%
5Information Technology12.2%
6Communications Equipment6.3%
7Electronic & Electrical Equipment3.2%
8Money Market2.6%
Asset type
1US Equities80.5%
2Chinese Equities7%
3South Korean Equities4.9%
4Money Market2.6%
5Finnish Equities1.6%
6UK Equities1.3%
7French Equities0.7%
8Dutch Equities0.5%
9Russian Equities0.5%
Individual holdings
1ALPHABET INC9.2%
2APPLE INC9.1%
3FACEBOOK INC7.1%
4MICROSOFT CORP5.9%
5SAMSUNG ELECTRONICS CO4.4%
6VISA INC4%
7CISCO SYSTEMS INC3.7%
8TENCENT HLDGS LTD3.3%
9BROADCOM CORP3.2%
Management
Fund manager group
Henderson Global Investors
Fund manager company
Henderson Global Investors Ltd
Fund type
OEIC
Fund objective
To aim to provide capital growth by investing in companies worldwide that derive, or are expected to derive, profits from technology.
Benchmark
  • MSCI All Countries World Information Technology
Investment style
Growth
Investment method
Shares
Fund managers
NameSinceBiography
Richard Clode01/11/2014Richard Clode joined Henderson in 2014 as a portfolio manager in the Global Technology team. Richard’s career began in 2003 in the technology sector at Herald Investment Management where he was a portfolio manager. Richard then worked at Gartmore, Moore Capital and Pioneer Investments as a technology analyst in emerging markets. Richard graduated in 2003 from the University of Oxford with a first class honours degree in Modern History. He is a CFA charterholder.
Stuart O'Gorman01/01/2001Stuart O'Gorman has been Director of Technology Investment at Henderson Global Investors since 2001, having joined the company the previous year. He is lead manager on the Henderson Horizon Global Technology Fund and Henderson Global Technology OEIC. He is co-manager on the Henderson Global Technology Mutual Fund and Henderson Global Growth Fund. He is also lead manager of a segregated mandate and advises Mr Warmerdam on a technology to a larger, global equity portfolio. He has 16 years' industry experience. Prior to joining Henderson, he spent five years as a specialist technology manager with Scottish Equitable Asset Management (now known as Aegon UK). Stuart holds a Masters degree in Financial Economics and a Diploma in Investment Analysis from the Universities of Dundee and Stirling respectively. He is an Associate Member of the Society of Investment Professionals.
Compliance
IA Recognised, UCITS IV Compliant, UCITS V Compliant
Domicile
No data available.
Fund for sale in
United Kingdom
Henderson Global Technology A Acc
Initial charge5%
Annual charge1.5%
Min single investment£1,000
Min regular saving£100
Available in ISAYes
Ongoing charge (OCF)1.75%
Total expense ratio (TER)1.82%
Bid price-
Offer price-
Mid price1415
CurrencyGBX
Price updated29/03/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeTU03
Henderson Global Technology I Acc
Initial charge-
Annual charge0.75%
Min single investment£3,000,000
Min regular saving£10,000
Available in ISANo
Ongoing charge (OCF)0.85%
Total expense ratio (TER)0.85%
Bid price-
Offer price-
Mid price1576
CurrencyGBX
Price updated29/03/2017
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeTU35
Henderson Global Technology Z Acc
Initial charge-
Annual charge-
Min single investment£10,000,000
Min regular saving£1,000,000
Available in ISANo
Ongoing charge (OCF)0.06%
Total expense ratio (TER)0.06%
Bid price-
Offer price-
Mid price274.4
CurrencyGBX
Price updated29/03/2017
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi code0DLG
Data provided by

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