For financial professionals in the UK

Global Technology and Innovation Fund

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


EUR 51.40
As of 21/09/2023

1-Day Change
EUR -1.03 (-1.96%)
As of 21/09/2023



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. Up to 20% may be invested in developing markets.
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 a Marketing Communication 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 does not predict future returns. 


Denny Fish

Portfolio Manager | Research Analyst

Industry since 2004. Joined Firm in 2016.

Jonathan Cofsky, CFA

Portfolio Manager | Research Analyst

Industry since 2006. Joined Firm in 2014.


Past performance does not predict future returns. 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 30/06/2023
I2 HEUR (Net) MSCI ACWI/Information Technology NR USD
Quarter End
As of 30/06/2023
Jun-2022 - Jun-2023 Jun-2021 - Jun-2022 Jun-2020 - Jun-2021 Jun-2019 - Jun-2020 Jun-2018 - Jun-2019
I2 HEUR (Net) 32.01 -37.09 42.28 30.43 7.66
MSCI ACWI/Information Technology NR USD 28.67 -9.76 38.28 33.68 12.66
Cumulative & Annualised Performance (%)
As of 31/08/2023
I2 HEUR (Net) MSCI ACWI/Information Technology NR USD
  Cumulative Annualised
1MO YTD 1YR 3YR 5YR 10YR Since Inception
I2 HEUR (Net) -1.85 37.69 24.95 0.79 9.85 13.95 11.57
MSCI ACWI/Information Technology NR USD -0.62 35.11 17.98 13.85 17.86 20.56 15.66
3YR 5YR 10YR Since Inception
I2 HEUR (Gross) - 11.65 15.88 13.48
MSCI ACWI/Information Technology NR USD + 2.00% - 20.22 22.97 17.98
Calendar Year Returns (%)
As of 30/06/2023
I2 HEUR (Net) MSCI ACWI/Information Technology NR USD
YTD 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013
I2 HEUR (Net) 35.94 -40.16 15.30 47.11 39.00 -3.60 38.97 11.07 2.42 7.39 35.28
MSCI ACWI/Information Technology NR USD 33.92 -26.56 37.03 33.58 49.59 -1.06 24.52 15.55 14.96 31.18 21.05
Calendar Year Returns (%)
Year I2 HEUR (Net) Index
2022 -40.16 -26.56
2021 15.30 37.03
2020 47.11 33.58
2019 39.00 49.59
2018 -3.60 -1.06
2017 38.97 24.52
2016 11.07 15.55
2015 2.42 14.96
2014 7.39 31.18
2013 35.28 21.05
2012 19.72 13.55
2011 -11.79 -1.23
2010 22.65 19.08
2009 55.02 53.20
2008 from 31/01/2008 -36.20 -33.18
Initial Charge 2.00%
Annual Charge 1.50%
Ongoing Charge
(As of 30/06/2023)


Top Holdings (As of 31/08/2023)
Microsoft Corp 8.78
NVIDIA Corp 8.38
Apple Inc 6.71
Taiwan Semiconductor Manufacturing Co Ltd 5.44
Workday Inc 5.11
Alphabet Inc 4.12 Inc 4.11
Meta Platforms Inc 4.00
Lam Research Corp 3.81
ASML Holding NV 3.77
Total 54.23
Sector Allocation % OF FUND % OF FUND (As of 31/08/2023)
Regional Allocation % OF FUND % OF FUND (As of August 31, 2023)


  • ​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 does not predict future returns.
  • Third party data is believed to be reliable, but its completeness and accuracy is not guaranteed.
  • Shares/Units 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 to help achieve its investment objective. This can result in leverage (higher levels of debt), which can magnify an investment outcome. Gains or losses to the Fund may therefore be greater than the cost of the derivative. Derivatives also introduce 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/unit class of a different currency to the Fund (unless hedged, i.e. mitigated by taking an offsetting position in a related security), the value of your investment may be impacted by changes in exchange rates.
  • When the Fund, or a share/unit class, seeks to mitigate exchange rate movements of a currency relative to the base currency (hedge), the hedging strategy itself may positively or negatively impact the value of the Fund due to differences in short-term interest rates between the currencies.
  • Securities within the Fund could become hard to value or to sell at a desired time and price, especially in extreme market conditions when asset prices may be falling, increasing the risk of investment losses.
  • The Fund could lose money if a counterparty with which the Fund trades becomes unwilling or unable to meet its obligations, or as a result of failure or delay in operational processes or the failure of a third party provider.
  • 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.
  • Before investing in any of our funds you should satisfy yourself as to the suitability and the risks involved.
  • Summary of Investor rights
  • Janus Henderson Investors Europe S.A. may decide to terminate the marketing arrangements of this Collective Investment Scheme in accordance with the appropriate regulation.
  • Information on compliance with EU Sustainability related disclosures can be found here.
  • For detailed product information including the risks associated with investing please read the relevant Prospectus or Annual Report. Please refer to the prospectus of the UCITS and to the KID before making any final investment decisions.