Allianz Technology Trust Plc (28X)

Profile

https://www.allianztechnologytrust.com

Allianz Technology Trust Plc is a United Kingdom-based closed-end investment trust dedicated to achieving long-term capital growth. It primarily invests in equity securities of listed technology companies worldwide, focusing on those leveraging innovation for competitive advantage and addressing major growth trends like artificial intelligence, cloud computing, cybersecurity, and electric vehicles. The portfolio emphasizes diversification across technology sub-sectors, including information technology and consumer discretionary, with top holdings such as NVIDIA Corp, Microsoft Corp, Alphabet Inc, Broadcom Inc, and Apple Inc as of late 2025. Managed by Allianz Global Investors UK Limited and led by portfolio manager Mike Seidenberg, the trust benchmarks against the Dow Jones World Technology Index (sterling adjusted, total return basis). Launched in 1995, originally as Finsbury Technology Trust and renamed after acquisitions, it holds a significant position as a FTSE 250 constituent, providing investors access to the dynamic technology sector driving global economic expansion. The trust maintains an ongoing charge of around 0.64% and typically trades at a discount to its net asset value.