Allianz Technology Trust (ATT) 2023年年度报告「LSE」.pdf

1、Click here or press enter for the accessibility optimised versionAllianzTechnologyTrust PLCAnnual Financial Report31 December 2023Investment objectiveAllianz Technology Trust PLC(the Company)invests principally in the equitysecurities of quoted technology companies on a worldwide basis with the aimo

2、f achieving long-term capital growth in excess of the Dow Jones WorldTechnology Index(sterling adjusted,total return)(the benchmark).Investment policyThe investment policy of the Company is to invest in a diversified portfolio ofcompanies that use technology in an innovative way to gain competitivea

3、dvantage.Particular emphasis is placed on companies that are addressingmajor growth trends with innovation that replaces existing technology orradically changes products and services or the way in which they are suppliedto customers.What constitutes a technology stockTechnology has become a vast and

4、 diverse sector.It encompasses thosecompanies that sell technology solutions from cloud storage to componentmanufacturers to software developers but also those for whom technology isan intrinsic part of their business the car makers or ecommerce groups usingtechnology to gain a competitive advantage

5、.In this way,technology stocksmay sit across multiple sectors,including healthcare,industrials or financialservices.As technology becomes ever more pervasive,the lines between technologycompanies and significant adopters are increasingly blurred.Even wherecompanies arent selling technology,technolog

6、y may be intrinsic to theirsuccess as a company.More companies are becoming technology companiesall the time as disruptive innovation brings change and displaces incumbentmarket leaders.The challenge is to understand not only current technologies,but also future trends and the likely effects.Asset a