The Fund
The Fund has been managed by Robin Geffen since 2018, with William Geffen becoming Deputy Manager in November 2021. The Fund aims to generate capital growth over the long term (5 years or more). The Fund invests at least 80% of the portfolio in shares of technology and telecommunications companies across the world. These are companies which, at the time of purchase, are within the GICS (Global Industry Classification Standard) Information Technology and Communication Services sectors.
Awards and Ratings
Morningstar Rating: 4
Morningstar Sustainability Rating: 4
Meet the team
Robin Geffen has 40 years of investment experience and prior to joining Liontrust in October 2019, Robin was a fund manager and the CEO of Neptune Investment Management, which he founded in 2002. He has previously worked at Charterhouse J Rothschild, Eagle Star, York Trust plc, Scottish Equitable and Orbitex Investments. William Geffen moved to Liontrust as part of the acquisition of Neptune Investment Management in October 2019. He graduated from Oxford University with a Masters in Chemistry (MChem) and is a CFA Charterholder.
Performance
Performance since class launch date (%)
Discrete performance (%)
| As at previous quarter 12 months ending: | Mar 22 | Mar 21 | Mar 20 | Mar 19 | Mar 18 |
|---|---|---|---|---|---|
| Liontrust Global Technology | 18.0 | 40.5 | 6.9 | 24.9 | 18.2 |
| MSCI World/Information Technology | 20.6 | 50.8 | 12.6 | 21.3 | 13.5 |
| IA Technology and Technology Innovations | 4.3 | 57.0 | 6.5 | 19.3 | 9.6 |
| Quartile Ranking | 1 | 4 | 2 | 1 | 2 |
Cumulative performance (%)
| As at previous day end | 1 month | 3 months | 6 months | YTD | 1 year | 3 years | 5 years | 10 years | Since Inception |
|---|---|---|---|---|---|---|---|---|---|
| Liontrust Global Technology | -13.5 | -12.0 | -30.5 | -26.5 | -4.6 | 37.7 | 109.3 | - | 205.8 |
| MSCI World/Information Technology | -9.4 | -7.8 | -21.5 | -20.9 | 2.9 | 71.0 | 139.7 | - | 261.7 |
| IA Technology and Technology Innovations | -9.3 | -10.4 | -26.0 | -23.2 | -9.4 | 46.4 | 92.7 | - | 181.5 |
| Quartile Ranking | 4 | 3 | 3 | 3 | 2 | 3 | 2 | - | - |
Current positioning
Top 10 Holdings (%)
| MICROSOFT CORP | 9.81 |
|---|---|
| APPLE INC | 7.43 |
| ALPHABET INC | 5.60 |
| AMAZON.COM, INC. | 5.07 |
| NVIDIA CORP | 4.88 |
| VISA INC | 4.69 |
| CONSTELLATION SOFTWARE INC | 4.35 |
| MASTERCARD INC | 4.11 |
| ASML HOLDING N.V. | 2.95 |
| FORTINET INC | 2.95 |
Sector Breakdown (%)
| Information Technology | 83.21 | |
|---|---|---|
| Communications | 8.90 | |
| Consumer Discretionary | 6.05 | |
| Money Market | 1.82 |
Geographic Breakdown (%)
| USA |
83.27
|
|---|---|
| Canada |
4.35
|
| Netherlands |
3.22
|
| Taiwan |
2.04
|
| China |
2.03
|
| Money Market |
1.82
|
| Korea |
1.14
|
| Japan |
1.11
|
| Israel |
0.98
|
How to invest in Liontrust funds
Key Risks
Past performance is not a guide to future performance. The value of an investment and the income generated from it can fall as well as rise and is not guaranteed. You may get back less than you originally invested. The issue of units/shares in Liontrust Funds may be subject to an initial charge, which will have an impact on the realisable value of the investment, particularly in the short term. Investments should always be considered as long term.
The portfolio is invested in smaller companies - these stocks may be less liquid and the price swings greater than those in, for example, larger companies. Investment in the Fund involves foreign currencies and may be subject to fluctuations in value due to movements in exchange rates. The Fund may invest in emerging markets/soft currencies or in financial derivative instruments, both of which may have the effect of increasing volatility.
Disclaimer
This is a marketing communication. Before making an investment, you should read the relevant Prospectus and the Key Investor Information Document (KIID), which provide full product details including investment charges and risks. These documents can be obtained, free of charge, from www.liontrust.co.uk or direct from Liontrust. Always research your own investments. If you are not a professional investor please consult a regulated financial adviser regarding the suitability of such an investment for you and your personal circumstances.
This should not be construed as advice for investment in any product or security mentioned, an offer to buy or sell units/shares of Funds mentioned, or a solicitation to purchase securities in any company or investment product. Examples of stocks are provided for general information only to demonstrate our investment philosophy. The investment being promoted is for units in a fund, not directly in the underlying assets. It contains information and analysis that is believed to be accurate at the time of publication, but is subject to change without notice. Whilst care has been taken in compiling the content of this document, no representation or warranty, express or implied, is made by Liontrust as to its accuracy or completeness, including for external sources (which may have been used) which have not been verified. It should not be copied, forwarded, reproduced, divulged or otherwise distributed in any form whether by way of fax, email, oral or otherwise, in whole or in part without the express and prior written consent of Liontrust.