Global Technology and Innovation Fund

Seeks to invest in growth companies driving innovation or benefiting from advances in technology


EUR 19.23
As of 20/10/20

1-Day Change
EUR 0.04 (0.21%)
As of 20/10/20

Morningstar Rating

Morningstar ratings are based on the representative share class of this fund and are dated to the last month-end upon availability from Morningstar.



The Fund aims to provide capital growth over the long term.
Performance target: To outperform the MSCI ACWI Technology Index by at least 2% per annum, before the deduction of charges, over any 5 year period.


The Fund invests at least 80% of its assets in a concentrated portfolio of shares (also known as equities) of companies, of any size, which are technology-related or derive profits from technology, in any country.
The Fund may also invest in other assets including cash and money market instruments.
The investment manager may use derivatives (complex financial instruments) to reduce risk, to manage the Fund more efficiently, or to generate additional capital or income for the Fund.
The Fund is actively managed with reference to the MSCI ACWI Technology Index, which is broadly representative of the companies in which it may invest, as this forms the basis of the Fund’s performance target. The investment manager has discretion to choose individual investments for the Fund with weightings different to the index or not in the index, but at times the Fund may hold investments similar to the index.


The value of an investment and the income from it can fall as well as rise as a result of market and currency fluctuations and you may not get back the amount originally invested.
Potential investors must read the prospectus, and where relevant, the key investor information document before investing.
This website is for promotional purposes and does not qualify as an investment recommendation.


  • Seeks to invest in companies that create and benefit from advances in technology
  • Balances resilient companies with those with growth potential to seek an optimal mix of risk and growth
  • Process focused around analysts with over 120 years of combined experience
Past performance is not a guide to future performance. 


Denny Fish

Portfolio Manager | Research Analyst

Industry since 2004. Joined Firm in 2016.


Past performance is not a guide to future performance. All performance data includes both income and capital gains or losses and reflects the deduction of any ongoing charges or other fund expenses.
Discrete Performance (%)
As of 30/09/20
A2 HEUR MSCI ACWI Technology Index
Sep-2019 - Sep-2020 Sep-2018 - Sep-2019 Sep-2017 - Sep-2018 Sep-2016 - Sep-2017 Sep-2015 - Sep-2016
44.63% 2.23% 24.11% 25.56% 21.75%
MSCI ACWI Technology Index 40.28% 3.86% 20.48% 27.86% 19.96%
Sep-2019 - Sep-2020 Sep-2018 - Sep-2019 Sep-2017 - Sep-2018 Sep-2016 - Sep-2017 Sep-2015 - Sep-2016
48.18% 4.76% 27.26% 28.77% 24.98%
MSCI ACWI Technology NR Hgd EUR + 2.00% 43.09% 5.95% 22.89% 30.41% 22.36%
Cumulative & Annualised Performance (%)
As of 30/09/20
A2 HEUR (Net) MSCI ACWI Technology Index
  Cumulative Annualised
1MO YTD 1YR 3YR 5YR 10YR Since Inception
A2 HEUR (Net) -4.28% 29.95% 44.63% 22.42% 22.90% 15.67% 3.07%
MSCI ACWI Technology Index -3.70% 23.94% 40.28% 20.63% 21.90% 16.52% 2.90%
3YR 5YR 10YR Since Inception
A2 HEUR (Gross) - 26.01% 18.61% 5.68%
MSCI ACWI Technology NR Hgd EUR + 2.00% - 24.34% 18.85% 4.96%
Initial Charge 5.00%
Annual Charge 1.50%
Ongoing Charge
(As of 30/06/20)


Top Holdings (As of 30/09/20)
Microsoft Corp 9.67
Apple Inc 7.03 Inc 4.72
Adobe Inc 4.13
Facebook Inc 4.02
Mastercard Inc 3.89
Taiwan Semiconductor Manufacturing Co Ltd 3.81 Inc 3.64
NVIDIA Corp 3.05
Texas Instruments Inc 2.94
Total 46.90
Sector Allocation % OF FUND % OF FUND (As of 30/09/20)
Information Technology 67.95
Communication Services 11.23
Consumer Discretionary 9.83
Real Estate 4.12
Industrials 1.20
Equity Other 1.02
Cash & Equivalents 4.65
Regional Allocations % OF FUND % OF FUND (As of September 30, 2020)
North America 80.91
Asia/Pacific Ex Japan 9.58
Europe 3.67
Africa/Mideast 1.19
Cash & Equivalents 4.65


  • ​The value of the Funds and the income from them is not guaranteed and may fall as well as rise. You may get back less than you originally invested.
  • ​Past performance is not a guide to future performance.
  • Third party data is believed to be reliable, but its completeness and accuracy is not guaranteed.
  • Shares can lose value rapidly, and typically involve higher risks than bonds or money market instruments. The value of your investment may fall as a result.
  • Shares of small and mid-size companies can be more volatile than shares of larger companies, and at times it may be difficult to value or to sell shares at desired times and prices, increasing the risk of losses.
  • If a Fund has a high exposure to a particular country or geographical region it carries a higher level of risk than a Fund which is more broadly diversified.
  • The Fund is focused towards particular industries or investment themes and may be heavily impacted by factors such as changes in government regulation, increased price competition, technological advancements and other adverse events.
  • This Fund may have a particularly concentrated portfolio relative to its investment universe or other funds in its sector. An adverse event impacting even a small number of holdings could create significant volatility or losses for the Fund.
  • The Fund may use derivatives with the aim of reducing risk or managing the portfolio more efficiently. However this introduces other risks, in particular, that a derivative counterparty may not meet its contractual obligations.
  • If the Fund holds assets in currencies other than the base currency of the Fund or you invest in a share class of a different currency to the Fund (unless 'hedged'), the value of your investment may be impacted by changes in exchange rates.
  • The Fund could lose money if a counterparty with which it trades becomes unwilling or unable to meet its obligations to the Fund.
  • Funds incur costs as a necessary part of buying and selling the underlying investments, these are otherwise known as portfolio transaction costs, and include charges such as broker commission and Stamp Duty.
  • For detailed product information including the risks associated with investing please read the relevant Prospectus or Annual Report.
  • Before investing in any of our funds you should satisfy yourself as to the suitability and the risks involved.