Investment Trusts
Allianz Technology Trust is a specialist investment trust focused on listed technology companies worldwide. It seeks long-term capital growth from themes such as artificial intelligence, semiconductors, cloud software, cybersecurity, digital services and automation.
Builds an actively managed portfolio of technology shares across software, semiconductors, internet platforms, hardware and related digital businesses, using fundamental stock selection rather than simply replicating a technology index.
Global technology equities, with the portfolio predominantly exposed to North American companies while retaining the flexibility to invest in attractive technology businesses elsewhere.
Technology-sector earnings, artificial-intelligence investment, semiconductor demand, cloud and software growth, product cycles, interest rates and equity valuations, stock selection and changes in the trust's discount to net asset value.
High sector concentration, expensive valuations, rapid technological disruption, semiconductor cycles, regulatory action against large technology firms, geopolitical restrictions on chips, currency movements and market-wide growth-stock sell-offs.
13 March 2026: annual results reported a 24.7% NAV return for 2025, ahead of the benchmark, while the trust continued substantial share buybacks. Buybacks remained active through June and July 2026 as the Board managed the discount.
Does not currently pay a dividend and has no 2026 ex-dividend date. The trust is designed for long-term capital growth rather than income, with capital allocation also including share buybacks when the shares trade at a discount.
The complete 350 Trade Book — 350 leading UK-listed companies, presented in one consistent working reference.