Our long only TMT fund - a Luxembourg UCITS - has performed better than most other funds over the last few years. In fact, the strategy has performed better than most strategies for more than 10 years, with a stable management team.
The fund is long only, and invests in the technology/media/telecom (TMT) space; its benchmark is composed of MSCI Technology (66%), MSCI Media (12%) and MSCI Telecom (22%). The in Luxembourg domiciled fund is UCITS compliant and registered for distribution in Germany, Austria and Switzerland. ISIN: LU0302296495. Click here to go to the fund’s fact sheet.
Mike Judith, Vice President at DNB Asset Management S.A. in Luxemburg: "If you invested in the fund, DNB Technology, when we set it up in Luxembourg in August 2007, your investment would have grown by 55% (as of April 10, 2012)”. The fund’s benchmark made no gains in the period and the MSCI World index was flat as well as shown in the graphic below.
Team stable for more than 10 years
The fund is managed by a team of three people. Anders Tandberg-Johansen and Sverre Bergland have worked together for more than 10 years. Erling Thune, the technology team’s third member joined in 2008. At current we manage more than €1bn in TMT portfolios. Click here for the team’s profile.
A long history of consistent out-performance in technology
The out-performance of the technology team extends beyond the life of the Luxembourg UCITS depicted above. The chart below shows the composite performance of the team’s TMT portfolio since 2003. The numbers are produced in compliance with Global Investment Performance Standards, and do not take into account fees. The Benchmark in the diagram is ABG Nordic TMT.
DNB Technology - fund overview
| Fund manager: | Anders Tandberg-Johansen |
| Categorie: | UCITS |
| Benchmark: | Custom TMT (66% MSCI Technology, 12% MSCI Media, 22% MSCI Telecom) |
| Inception date: | 16 August 2007 |
| Fund asset (Mio.): | EUR 37,03 (as of: 10 May 2012) |
| ISIN: | LU0302296495 |
| Initial investment: | min. EUR 1.000 |
| NAV: | EUR 153,61 (as of: 09 May 2012) |
| Management fee: | 1,5% |
| Performance fee: | Yes, see prospectus |
| HWM: | Yes, see prospectus |
| Fund currency: | EUR, NOK, SEK |
| Subscription fee: | max. 5% |
| Domicile: | Luxembourg |
