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Global Technology Fund

Fund launch date 15/12/2015
Fund size £118,555,689.04
Number of holdings 53
Managed by current team for 10 months
Currently viewing:

The Fund

The Global Technology Fund is lead managed by Storm Uru and James Dowey since February 2023. They have been supported by Clare Pleydell-Bouverie and James O’Connor as fund managers since May 2023. The team manages the Fund using the Global Innovation investment process, investing the Fund in high quality technology companies around the world. The Fund has a formal objective of delivering strong long-term (5 years or more) capital growth, which the team seeks to deliver through the powerful fundamentals of the innovative technology companies in which it invests, namely strong growth, strong barriers to competition and resilience and adaptability in tough times.

You are able to redeem your investment from the Fund at any time and there is no exit fee for doing so.

Past performance does not predict future returns. You may get back less than you originally invested. Reference to specific securities is not intended as a recommendation to purchase or sell any investment.
Key Information
Manager Inception Date of Fund
Class Launch Date
Comparator Benchmark 1
MSCI World/Information Technology
Single Price
Offer Price
Price Date

Awards and Ratings

Morningstar Rating Morningstar Rating: 4
Morningstar Sustainability rated 4 Morningstar Sustainability Rating: 4

Meet the team

James Dowey, Storm Uru, Clare Pleydell-Bouverie and James O’Connor joined Liontrust as part of its acquisition of Neptune Investment Management in October 2019. James Dowey has 18 years of industry experience and holds degrees in economics from Edinburgh University and Cambridge University and a PhD from the London School of Economics, Storm Uru has 12 years’ industry experience and holds a degree in finance from Massey University and an MBA from Oxford University, Clare Pleydell-Bouverie has 7 years of industry experience and holds a degree in history from Oxford University and James O’Connor has 7 years of industry experience and holds a degree in psychology and economics from Harvard University and a degree in education research from Oxford university.

Meet the tea

Our Investment Process

The Liontrust Global Innovation team invests in innovative companies based on their strongly-held belief that innovation is the biggest driver of stock returns
The Liontrust Global Technology Fund invests in high quality technology companies with big growth opportunities ahead, strong barriers to competition and exceptional potential for high long-term stock returns
The team looks for four characteristics in every technology company in which it invests: innovation that creates value for customers, barriers to competition that capture value for shareholders, good management and strong returns on invested capital

While the Fund aims to achieve high returns and outperform the market over the long-term it may underperform over the shorter term due to macroeconomic volatility

Past performance does not predict future returns. You may get back less than you originally invested. Reference to specific securities is not intended as a recommendation to purchase or sell any investment.


Performance since class launch date (%)

Discrete performance (%)

As at previous quarter 12 months ending: Sep 23 Sep 22 Sep 21 Sep 20 Sep 19
Liontrust Global Technology 24.2 -21.8 23.7 38.6 4.2
Quartile Ranking 2 2 4 2 4

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 5.3 1.5 7.1 45.9 43.2 21.4 103.7 - 305.6
Quartile Ranking 3 4 3 2 1 2 2 - -

Source: FE fundinfo as at 08/12/2023. Performance figures are shown in GBX. Total return performance figures are calculated net of costs and charges, on a bid price to bid price basis (mid to mid for OEICs) with net income (dividends) reinvested. Where applicable the quartile rank is for the primary share class within the sector. If your investment is made in a currency other than that used in the past performance calculation the return may increase or decrease as a result of currency fluctuations.

Current positioning

Top 10 Holdings (%)

TESLA, INC. 5.54

Sector Breakdown (%)

Information Technology 81.88
Consumer Discretionary 6.46
Financials 3.79
Communications 3.56
Health Care 3.09
Materials 0.85
Money Market 0.35

Geographic Breakdown (%)

Cayman Islands
New Zealand
Cash & Cash Equivalents

Source: Liontrust as at 30/11/2023.

Source: FE fundinfo
Additional Information
Minimum initial investment
Minimum additional investment
Ex-dividend date
1 January
Distribution date
28 February
Sedol code
ISIN code
Initial charge
Ongoing Charges Figure
Included within the OCF is the Annual Management Charge

For more information on the OCF, see our costs and charges page.

Fund Manager Insights

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Animal Spirits: Using large language models to forecast US growth Fund manager James Dowey uses a large language model to build a simple model to help forecast US economic growth.
icon 6 December 2023
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The rise of AI co-pilots: harnessing your personal assistant for innovation In the second of our series: 'AI - tried & tested by the Global Innovation team’, fund manager Storm Uru uses OpenAI’s generative AI model, ChatGPT, to develop his own GPT co-pilot to help prepare for our upcoming company visit.
icon 28 November 2023
Storm Uru Storm Uru
MongoDB: the database provider scaling up to profit Global Innovation fund manager Storm Uru examines how database provider MongoDB is pivoting to profit after making a notable impact on the tech world
icon 25 October 2023
Tech start up
Storm Uru Storm Uru
MongoDB: Making a profitable move Global Innovation fund manager Storm Uru examines how database provider MongoDB is pivoting to profit after making a notable impact on the tech world
icon 25 October 2023
Tech start up
James Dowey James Dowey
ServiceNow – Tidying the Mess Global Innovation fund manager James Dowey examines how technology company ServiceNow is boosting revenues and productivity
icon 16 October 2023
Computer images
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Airbnb: booking beds and profits What capital-light innovation looks like at scale
icon 20 September 2023
Tree house

How to invest in Liontrust funds

Through a fund platform
Through a financial adviser
Direct with Liontrust

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.



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.

Fund literature
Global Technology Fund
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