Allianz Technology Share Discussion Threads

[spangle93] 13/3/2024 08:28

Interesting that no performance bonus was earned despite a 46% rise in NAV during the year.

"It should be noted that the underperformance recorded over the past three years will have to be made back, and the NAV will need to exceed the figure as at the end of 2020 (which set a new high watermark) before any future performance fee can be accrued"

[spangle93] 13/3/2024 08:24

Final results for 2023 issued this morning



At the start of 2023, valuations were compelling. After a significant market improvement - along with higher earnings - technology companies appear to be trading at around fair value today. That said, there are some tailwinds for the year ahead and we believe the equity market recovery over the past few months can extend into 2024.
...

There are going to be bumps along the way and the market might be due for a short-term pause after its recent strength, but there are reasons to be optimistic about the long-term secular growth prospects for technology. These include artificial intelligence and machine learning, the Internet of Things, cyber security, digital assets and mobility. The macroeconomic challenges of the past few years are likely to ease, which should give investors greater confidence.

The challenges of the past few years have forced companies to look at their cost structures, re-engineer their businesses and cut unprofitable lines. The result is that the survivors are far stronger, with better competitive positions and stronger earnings. We continue to believe the technology sector can provide some of the best absolute and relative return opportunities in the equity markets.

[sharesoc] 07/3/2024 22:55

ShareSoc is hosting a webinar with Allianz Technology Trust(ATT)on 28/3/24, which may be of interest to current shareholders or potential investors. Michael Seidenberg (Lead Portfolio Manager) will be presenting. You can register here:

[petewy] 06/3/2024 18:46

Yes and I'm staying in...

[steeplejack] 06/3/2024 09:46

V good figures from Crowdstrike announced in US last night.In ATTs top ten.This portfolio is enjoying exceptional performance.

[steeplejack] 22/2/2024 10:17

Once they’ve factored in the positive response to Nvidia 4th qtr year end figures,the discount will be up around 13% with the price currently at 335.That is really too large a discount.

[rathlindri] 04/2/2024 16:53

Looks like a good long term hold

[petewy] 02/2/2024 16:57

Did well took profits and sold out last week before results and just bough back in again. Long term hold now.