For investors in Hong Kong

Global Technology and Innovation Fund

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

ISIN
IE0009356076

NAV
USD 21.81
As of 2023/05/31

1-Day Change
USD -0.16 (-0.73%)
 As of 2023/05/31

Morningstar Rating
As of 2023/04/30

Key investment risks:

  • The Fund's investments in equities are subject to equity market risk due to fluctuation of securities values.
  • Investments in the Fund involve general investment, currency, hedging, economic, political, policy, foreign exchange, liquidity, tax, legal, regulatory, securities financing transactions related and small/ mid-capitalisation companies related

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  • risks. In extreme market conditions, you may lose your entire investment.
  • The Fund may invest in financial derivatives instruments for investment and efficient portfolio management purposes. This may involve counterparty, liquidity, leverage, volatility, valuation, over-the-counter transaction, credit, currency, index, settlement default and interest risks; and the Fund may suffer total or substantial losses.
  • The Fund's investments are concentrated in companies which will benefit significantly from advances or improvements in technology (may include small/ mid capitalization companies) and may be more volatile.
  • Investors should not only base on this document alone to make investment decisions and should read the offering documents including the risk factors for further details.

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Overview

INVESTMENT OBJECTIVE

The Fund aims to provide capital growth over the long term.

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The Fund invests at least 80% of its assets in a concentrated portfolio of shares (also known as equities) selected for their growth potential. The Fund may invest in companies of any size, which are technology-related or will benefit significantly from technology, in any country.

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ABOUT THIS FUND

  • 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

PORTFOLIO MANAGEMENT

Denny Fish

Denny Fish

Portfolio Manager | Research Analyst

Industry since 2004. Joined Firm in 2016.

Jonathan Cofsky, CFA

Jonathan Cofsky, CFA

Portfolio Manager | Research Analyst

Industry since 2006. Joined Firm in 2014.

Performance

Discrete Performance (%)
As of 2023/03/31
A2 USD
 
Quarter End
As of 2023/03/31 		Mar-2022 - Mar-2023 Mar-2021 - Mar-2022 Mar-2020 - Mar-2021 Mar-2019 - Mar-2020 Mar-2018 - Mar-2019
A2 USD -11.72 -3.05 69.10 5.52 11.19
Source: Morningstar, Inc., NAV-NAV, gross income reinvested where applicable. Past performance cannot guarantee future results.
Cumulative Performance (%)
As of 2023/04/30
A2 USD
 
  Cumulative
  1MO 3MO 6MO YTD 1YR 3YR 5YR Since Inception
2000/03/31
A2 USD -1.98 6.34 19.58 19.15 1.23 24.54 68.57 97.90
Source: Morningstar, Inc., NAV-NAV, gross income reinvested where applicable. Past performance cannot guarantee future results.
Calendar Year Returns (%)
As of 2023/03/31
A2 USD
2022 2021 2020 2019 2018
A2 USD -38.21 15.66 48.69 42.61 -1.17
Calendar Year Returns (%)
Year A2 USD Index
2022 -38.21 -31.07
2021 15.66 27.36
2020 48.69 45.61
2019 42.61 46.89
2018 -1.17 -5.81
2017 41.09 41.77
2016 11.97 12.20
2015 1.74 3.20
2014 6.48 15.20
2013 33.06 26.51
2012 18.49 15.32
2011 -11.61 -4.43
2010 23.02 11.35
2009 54.29 58.13
2008 -43.81 -44.63
2007 20.44 13.62
2006 6.78 9.63
2005 8.65 6.83
2004 -1.27 2.89
2003 43.64 48.03
2002 -42.41 -37.64
2001 -38.39 -28.10
2000 from 31/03/2000 -38.00 -
Source: Morningstar, Inc., NAV-NAV, gross income reinvested where applicable. Past performance cannot guarantee future results.
FEE INFORMATION
Initial Charge 5.00%
Annual Charge 1.50%
Ongoing Charge
(As of 2021/12/31) 		2.41%
The ongoing charge is calculated using the Packaged Retail Investment Product (PRIIPs) methodology. The PRIIPs methodology differs to the UCITS ongoing charge methodology, as the PRIIPS methodology captures additional recurring charges, including but not limited to: a. Interest paid on borrowing (e.g. bank interest) b. Any fees incurred in relation to stock-lending activity (i.e. the fee paid to the lending agent) c. Any costs associated with holding closed-ended vehicles.
Please refer to the offering documents for more details on the fees and expenses.

Portfolio

Top Holdings (As of 2023/04/30)
% OF FUND
Microsoft Corp 9.87
Apple Inc 7.84
ASML Holding NV 6.29
Mastercard Inc 4.98
Workday Inc 4.51
NVIDIA Corp 4.00
CoStar Group Inc 3.43
Lam Research Corp 3.29
Advanced Micro Devices Inc 2.97
KLA Corp 2.96
Total 50.14
Portfolio holdings are subject to change without notice. 
Sector Allocation % OF FUND % OF FUND (As of 2023/04/30)
Regional Allocation % OF FUND % OF FUND (As of April 30, 2023)

Documents

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Our intellectual capital is readily available and central to our Knowledge Shared approach"
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