Archived article

Please note that tax, investment, pension and ISA rules can change and the information and any views contained in this article may now be inaccurate.

magazine

Limp US tech reporting season impact on UK investment trusts

The stocks are doing well despite lack of recent boost from latest industry figures
Thursday 09 May 2019 Author: Steven Frazer
Investment Trusts

A relatively impressive first quarter of 2019 for many of the world’s largest technology companies (Google parent Alphabet aside) has failed to move the needle of the three investment trusts most exposed to the technology stocks.

Shares in Allianz Technology Trust (ATT), Polar Capital Technology Trust (PCT) and Scottish Mortgage Investment Trust (SMT) have barely budged since Amazon and Microsoft got the ball rolling in late April.

Yet year-to-date performances have been strong for the trio. The Allianz, Polar and Scottish Mortgage trusts have an average share price return of 23% so far this year, led by Allianz’s impressive 33% rally.

‹ Previous2019-05-09Next ›


09 May 2019

Download PDF

Page flip version

Important information:

These articles are provided by Shares magazine which is published by AJ Bell Media, a part of AJ Bell. Shares is not written by AJ Bell.

Shares is provided for your general information and use and is not a personal recommendation to invest. It is not intended to be relied upon by you in making or not making any investment decisions. The investments referred to in these articles will not be suitable for all investors. If in doubt please seek appropriate independent financial advice.

Investors acting on the information in these articles do so at their own risk and AJ Bell Media and its staff do not accept liability for losses suffered by investors as a result of their investment decisions.

The Shares team
Disclaimer

Issue contents

Aequitas

Ask Tom

Big News

Editor's View

Exchange-Traded Funds

Great Ideas

Great Ideas Update

Investment Trusts

Main Feature

Money Matters

Sector Reports

Talking Point

Under The Bonnet

Magazine archive


31 Jul 2025
24 Jul 2025
17 Jul 2025

10 Jul 2025
3 Jul 2025
26 Jun 2025

19 Jun 2025
12 Jun 2025
5 Jun 2025