Fund Aims
The aim of this Fund is to provide long-term capital growth over a period of 5 years or more.
Fund Managers
Matthew Ward manager for:
1 years 3 months
James Dowey manager for:
1 years 3 monthsPauline Llandric manager for:
1 years 3 monthsTom Riley manager for:
1 years 3 months
Fund Overview
Price
Bid
305.20p
Offer
305.20p
(02/04/2026)
Annual Management Charge
1.50%
Top 10 Holdings
|
| Stock Name |
% Weight |
| TAIWAN SEMICONDUCTOR MANUFACTURING COMPANY LIMITED |
8.1%
|
| NVIDIA CORPORATION |
7.4%
|
| ALPHABET |
6.0%
|
| SK HYNIX |
5.8%
|
| BROADCOM |
5.7%
|
| APPLE |
4.5%
|
| MICROSOFT CORPORATION |
4.1%
|
| META PLATFORMS |
3.8%
|
| CIENA CORPORATION |
3.6%
|
| LAM RESEARCH CORPORATION |
3.3%
|
|
Total
|
52.4%
|
Equity Sector Allocation
| Technology |
80.8%
|
| Telecommunications |
6.6%
|
| Retail |
3.9%
|
| Industrial Goods & Services |
2.6%
|
| Consumer Products & Services |
2.4%
|
| Media |
2.1%
|
| Automobiles & Parts |
1.0%
|
| Financial Services |
0.6%
|
Data accurate at: 28/02/2026
Performance figures show total return with no initial charge and net income reinvested, except for Offshore funds which show gross income reinvested.
Cumulative performance figures are calculated from the previous working day.
Discrete performance figures are calculated from the previous month end.
Data accurate at: 28/02/2026
Asset Allocation
|
|
International Equities
|
97.7%
|
|
|
UK Equities
|
2.3%
|
Equity Sector Allocation
ICB Industries
ICB Supersectors
ICB Sectors
ICB Subsectors
ICB Industries
| Technology |
|
80.8% |
| Consumer Discretionary |
|
9.4% |
| Telecommunications |
|
6.6% |
| Industrials |
|
2.6% |
| Financials |
|
0.6% |
ICB Supersectors
| Technology |
|
80.8% |
| Telecommunications |
|
6.6% |
| Retail |
|
3.9% |
| Industrial Goods & Services |
|
2.6% |
| Consumer Products & Services |
|
2.4% |
| Media |
|
2.1% |
| Automobiles & Parts |
|
1.0% |
| Financial Services |
|
0.6% |
ICB Sectors
| Technology Hardware & Equipment |
|
51.9% |
| Software & Computer Services |
|
28.9% |
| Telecommunications Equipment |
|
6.6% |
| Retailers |
|
3.9% |
| Consumer Services |
|
2.4% |
| Industrial Support Services |
|
2.1% |
| Media |
|
2.1% |
| Automobiles & Parts |
|
1.0% |
| Investment Banking & Brokerage Services |
|
0.6% |
| Industrial Engineering |
|
0.5% |
ICB Subsectors
| Semiconductors |
|
38.2% |
| Software |
|
13.6% |
| Consumer Digital Services |
|
13.1% |
| Production Technology Equipment |
|
6.8% |
| Telecommunications Equipment |
|
6.6% |
| Computer Hardware |
|
5.7% |
| Diversified Retailers |
|
3.9% |
| Consumer Services: Misc. |
|
2.4% |
| Computer Services |
|
2.3% |
| Transaction Processing Services |
|
2.1% |
| Entertainment |
|
1.2% |
| Electronic Components |
|
1.2% |
| Automobiles |
|
1.0% |
| Radio & TV Broadcasters |
|
0.9% |
| Investment Services |
|
0.6% |
| Machinery: Industrial |
|
0.5% |
Interactive Sector Breakdown
Drill down to specific information by clicking the folders.
Breakdown By Market Cap (%)
Top 10 Holdings
|
|---|
| Stock name | % Weight | Country | Sector |
| 1 | TAIWAN SEMICONDUCTOR MANUFACTURING COMPANY LIMITED | 8.1 %
| Taiwan | Technology |
| 2 | NVIDIA CORPORATION | 7.4 %
| United States | Technology |
| 3 | ALPHABET | 6.0 %
| United States | Technology |
| 4 | SK HYNIX | 5.8 %
| South Korea | Technology |
| 5 | BROADCOM | 5.7 %
| United States | Technology |
| 6 | APPLE | 4.5 %
| United States | Technology |
| 7 | MICROSOFT CORPORATION | 4.1 %
| United States | Technology |
| 8 | META PLATFORMS | 3.8 %
| United States | Technology |
| 9 | CIENA CORPORATION | 3.6 %
| United States | Telecommunications |
| 10 | LAM RESEARCH CORPORATION | 3.3 %
| United States | Technology |
|
FL Dual Aspect Analysis
|
|---|
| UK Equities | Int'l Equities | UK Bonds | Int'l Bonds | UK Gilts | Managed Funds | Property | Other | Cash & Equiv | Total |
| Technology | 1.1%
| 79.8%
| | | | | | | | 80.8%
|
| Telecommunications | | 6.6%
| | | | | | | | 6.6%
|
| Financials | | 0.6%
| | | | | | | | 0.6%
|
| Consumer Discretionary | | 9.4%
| | | | | | | | 9.4%
|
| Industrials | 1.3%
| 1.3%
| | | | | | | | 2.6%
|
| Total | 2.3%
| 97.7%
| | | | | | | | 100.0%
|
Distribution Details
Income Frequency
Annually
Distribution Type
Dividend
Distribution Payment Basis
Net
Charges
Discounted initial charge
0.000%
Net discounted AMC
0.750%
Annual Management Charge
1.50%
Distribution Dates
| Ex dividend date(s) |
Income payment date(s) |
| 16th January |
15th March |
Ratings
Aims & Benchmark
Benchmark
MSCI World Information Technology Index Total Return Net
IA sector
Technology and Technology Innovations
Aims
The aim of this Fund is to provide long-term capital growth over a period of 5 years or more.
Fund Administration
Fund Trustee/Depository
HSBC Bank plc
Fund Administrator
Internal
Fund Registrar
DST Financial Services Europe
Fund Custodian
HSBC Bank plc
Fund Background
Valuation point
Daily 12:00
Fund currency
Pound Sterling
Fund domicile
United Kingdom
Group Details
Group name
BNP Paribas Asset Management
Group address
Broker Services Team
AXA Investment Managers
7 Newgate Street
London
EC1A 7NX
Group telephone
020 7003 1234
Dealing telephone
0207 0031234
Dealing
Settlement period: buy
2 days
Settlement period: sell
2 days
Data accurate at: 28/02/2026
Concentration Coefficient*
27
*A measure of portfolio concentration, e.g. where the fund coefficient is 25, this means the portfolio concentration is equivalent to holding 25 equally weighted stocks.
Risk Factors
Concentrated Portfolio
Yes
Investments Long Term
Yes
| Fund Specific Risks |
-
Emerging Markets - The fund invests in emerging markets. Generally less well regulated than the UK. There
is an increased chance of political and economic instability with less reliable custody, dealing and settlement
arrangements. The market(s) can be less liquid. If a fund investing in markets is affected by currency exchange rates,
the investment could either increase or decrease. These investments therefore carry more risk.
-
Concentrated Portfolio - The fund may invest in a relatively smaller number of stocks. This stock
concentration may carry more risk than funds spread across a larger number of companies.
-
Smaller Companies - The fund invests in smaller companies. Smaller companies shares can be more volatile
and less liquid than larger company shares, so smaller companies funds can carry more risk.
-
Sector Specific - The fund invests in specific sectors. Funds which invest in specific sectors may carry
more risk than those spread across a number of different sectors. They may assume higher risk, as markets/sectors can
be more volatile. In particular, gold, technology funds and other focused funds can suffer as the underlying stocks
can be more volatile and less liquid.
-
Value Of Investments - The value of investments, and any income can fall, as well as rise, so you could get
back less than you invested. Neither capital nor income is guaranteed.
-
Investments Long Term - Investments should be regarded as long term and are not suitable for money which may
be needed in the short term, you should always have a sufficient cash reserve.
-
Exchange Rate - This fund invests in securities outside the UK. The value of investments and any income from
them may therefore decrease or increase as a result of changes in exchange rates between currencies.
-
Higher Risk - This fund is specifically aimed at sophisticated investors and is particularly high risk, because
it concentrates on a region that may be exposed to unusual political or economic risks. You should only invest if you are
comfortable with the specific risks pertaining to the fund in question. If you are not familiar with these you should ask
us for a copy of the provider's key features and brochure.
|
Semiconductors
United States
Taiwan
South Korea
China
Netherlands
United Kingdom
Israel
Canada
Luxembourg